NEO Update: Keep a Close Eye on a Symmetrical Triangle Breakout
![](https://steemitimages.com/DQmV7DYu1BXRcESjnviy1SJL5YwkeGLnBo3W4dPY145ULHM/image.png)
SUMMARY
Keep a close eye on NEO. It's been correcting and the a,b,c red correction could be near an end. The blue line outlined symmetrical triangle needs to resolve and I think it could be to the upside. If not, then one more lower low to where red wave c resides. Longer term target for NEO is $73 or so.
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![](https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif)
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.**
Any chance you could do an update on Qtum? Tijo from the Arcane Bear says it is going down much further on his TA?
I am just waiting for NEO to pop. If China allows BTC trading soon, I think we may see the next leg up. Buy more if you can. Once we are past $40 , I doubt we see $20s again.