NEO is nearing key MACD crosses and heading towards key Fibonacci support levels.If it crosses the 0.382 Fib level, it's neatly between the key support and our previous long-term resistance set on 11/08/17 at $33.99.
We could see a short term bounce off of the 0.382, but a short down towards the 0.236 would not surprise me at all before continuing its upward trend.
Note
Forgot to mention, the obvious H&S pattern potential if we break the 0.382/key support.Note
NEO/USDT and NEO/BNB pairings added to Binance.On the FA side of things, we have three hours, supposedly, until a "big" announcement from the NEO team.
Note
NEO is dancing along the 0.236, well within the potential buy zone. Waiting for a bull MACD on the 4 hour.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.