Is NEO full fledged to make Smart Economy or floundering

NEO is the China's decentralized currency widely known for its smart contracts ,is the star Coin or Ethereum of China which is embellishing and ferocious in past.On Jan 30 Neo was highest ever traded at $162 which shows the optimization expected in coming months.Since market has plunged billions of Market Capital of Cryptocurrency in March , bears had entered in the market in 2018, while bulls were waiting for a chance which gave a surge to Bitcoin to surpass $7000 in Just three days.

What can be expected from Neo ?
There was an aggressive dig in price of NEO which is more than 60% in two months while there was no uplift in price. This chinese Cryptocurrency claimed to Smart Economy on Working on Smart Contracts ,"Smart contracts are software that can track and automate the fulfillment of agreements over the blockchain". It was estimated to cross Market of NEO from $3,331,016,000 USD to $4 billion USD , it is expected that 2018 is the perfect year to make the move for NEO.

According to CoinMarketCap,Neo was lowest ever traded on April 06 at the price of $44 which shows the chances of Long-term holding in Neo. Past Surge shows when NEO was trading at $33 in Month of December 2017 it outperformed when bulls attacked NEO which skyrocketed the price from $33 on Dec 10 - $160 on Jan 10 , So within a month there was more than 50% rise in the price of NEO. On on side we are expecting to increase our holding from Top 10 cryptocurrencies and on other side new blockchain platforms have allowed the creation of more cryptocurrencies.Moreover , Two majors will be at the Top , "Bitcoin" and ""Ethereum are foremost and rest are forks. Many e-commerce platforms will ready support Bitcoin and few Altcoins but due Legal actions taken by Govt many companies are afraid of Bitcoin,Moreover ,After the launch of Bitpay it is more easy for developers and people performing transactions.

Technical Analysis

NEO is forming a classic H&S pattern.
A nice reversal pattern. Being patient is key.

Thats what everyone do when red , sell it

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