📈 COULD NEO GO TO $120?!?! Price analysis - 6/1/18. 📉 by thomasfarley

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neo · @thomasfarley · Jan 6 '18

$0.82

📈 COULD NEO GO TO $120?!?! Price analysis - 6/1/18. 📉

<html>
<h2><center>COULD NEO GO TO $120?!?! </center></h2>
<hr></hr>
<p><img src="https://www.tradingview.com/x/EIIkv1dD/" width="1824" height="956"/></p>
<p>NEO has finally broken through the $100 mark over the past days, we have been waiting for this for a while and now we here the price is currently fighting the $100 as is proving to be quite a strong resistance. At the time of writing, we are at $98 and I suspect that there will be some consolidation at this $90 - $100 range before another movement upwards.&nbsp;</p>
<p>The chart indicates two resistance lines and one support line, the support line was a previous resistance and now the price will hold above this line unless it is broken (In this case we would see a drop). However, NEO is looking quite strong and I do not suspect there to be any strong <a href="https://www.tradingview.com/ideas/bullish/">bullish</a> movements over the coming days.&nbsp;</p>
<p>The green <a href="https://www.tradingview.com/ideas/rectangle/">rectangle</a> represents the price tag year that Neo could hit in the medium-term future.&nbsp;</p>
<ul>
  <li><em><strong>MACD -</strong></em> Lines are ready to break out and are already looking quite <a href="https://www.tradingview.com/ideas/bullish/">bullish</a> .&nbsp;</li>
  <li><em><strong>RSI -</strong></em> Nothing relatively uniwue about the <a href="https://www.tradingview.com/ideas/relativestrengthindex/">RSI</a> , price is currently trying to stablise halfway, which is not nescessiarliy a bad thing. <br>
</li>
  <li><em><strong>Orange -</strong></em> Resistance.&nbsp;</li>
  <li><em><strong>Pink -</strong></em> Support.&nbsp;</li>
</ul>
<p>As always trade the lines accordingly.&nbsp;</p>

<p><center>https://steemitimages.com/DQmYagB6qAajgPubdhH634mKMRuQYoD8eKs79yvaR6wCtCx/Profile.PNG</center></p>
<hr></hr>
<p><center>https://steemitimages.com/DQmWVWTpjp5HkSwZVcNQPCiazP6KLb4xNn5CYvtNPyte6BH/Capture2.PNG</center></p>
</html>

👍 hr1, moderndayhippie, bitcoinflood, thomasfarley, bitsplitter, cryptonewbies, vailantventures

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@bitcoinflood · Jan 6 '18

$0.04

Isn't NEO a china coin since they can't use ethereum ? To me NEO is a centralizes coin and by product of Chinas crackdowns on ICOs and bitcoin.

👍 thomasfarley

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@thomasfarley · Jan 6 '18

$0.27

It is a Chinese Coin however the technology behind it is very strong, i do not believe NEO is centralised but I know they had issues with the Chinese regulations

👍 bitcoinflood

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@thomasfarley · Jan 6 '18

Thanks a lot for the upvote as well brother!

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@bitcoinflood · Jan 6 '18

Welcome always value feedback keep rocking steem my friend :)

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