NEO / USD is in the 5th wave of its uptrend. The 5th wave has a target of $279 but before we get there we need to finish the wave 2 (of the 5-waves impulse in that 5th wave) which then will bring us in the wave 3.
So, I think NEO might go down a bit from current level before resuming its uptrend with a first target at $214. This is also confirmed with a downtrending RSI getting near the oversold area. The MACD needs to get flat and then cross up to signal the start of wave 3.
Legal Disclaimer: I am not a financial advisor. This article is only meant for use as informative or entertainment purposes. It is not a recommendation to buy or sell anything.
Thank you for sharing. Resteemed
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You got a 30.56% upvote from @steembloggers courtesy of @gailus!
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You got a 10.89% upvote from @upmewhale courtesy of @gailus!
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Hey thanks for the post ^_^ I would like to promote Trinity coin, which is a Neo coin.
https://steemit.com/neo/@wylink/tnc-trinity-only-4x-from-ico-antshare-neo-lightning-payment-token
please take a look!
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