NEO Loses Support Line: Short Term Down Target of $22.03

in #bitcoin • 7 years ago (edited)

SUMMARY

NEO has lost its support line which just got breached! For the short term, this is bearish towards a target of $22.03 which is where the next major horizontal support resides (dotted white line). A coupled dollars above this zone of support and a couple below represents good ladder cast ranges.

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

#cryptocurrency #blockchain #altcoin #neo
7 years ago in #bitcoin by
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     7 years ago 

    @eileenbeach has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

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       7 years ago (edited)

      I wonder if NEO will reach the previous down-trend projection of $17-$18... if BTC begins correction wave C in the next 24hrs do u believe NEO will reach $18 (not $44)

      edit: this is what i think. im usually wrong though

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         7 years ago 

        IF BTC begins its Wave C down, ALL altcoins will be down. But, I'm not yet sure when that C down will occur. Watching carefully.

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         7 years ago 

        or maybe neo will drop as btc completes wave B and then as btc drops, neo hits 44$.. hmmm

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           7 years ago 

          Great analysis. Resteemed.

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