I don't see NEO coming out of this easily...The FUD hit hard!!! If we don't find support at the next resistance level marked by then end of the orange arrow, we then follow the red. Garnering support we might follow green, but MACD 12 is now below 26 and diverging further away...and while the RSI is low it is starting to curve up without positive price action...my guess is we wont gain resistance at the next level unless we see some postives coming from BTC.
Note
We now on a free fall to next support level...while RSI is low the MACD isn't showing any good
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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.