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RE: NEO Correction Can Extend into April
Check on the 4 hr chart, we have a fresh demand zone at $53, which was the origin of the strong move up to $150.
Check on the 4 hr chart, we have a fresh demand zone at $53, which was the origin of the strong move up to $150.
Lol. Where is the next zone. $53 went by a while ago. Reckon the $40 zone is coming next.
The buy orders at $53 couldn't hold off the onslaught...I was wrong. Thus, if the weekly demand zone doesn't hold, we could go as low as $30. More importantly we need to break the daily trend line for confluence...for a potential buy on a pull back.
That is quite scary. Hoping it goes to $30 as have been waiting for an opportunity to get quite a bit of Neo. The free gas is what swings it for me. If Neo hits somewhere around $200 gas will be around a third in value maybe more so say $65 - $70. Would be a no brainer of an investment.
Totally agree, one of the few coins offering dividends...I think Neo is an undervalued coin.