Despite the FUD surrounding China's ICO ban, NEO will bounce straight up in the upcoming days. NEO has always, and continues to operate withing the Chinese government policies. I actually believe the regulations will help NEO since there will be less sketchy alt coins being produced everyday. With that being said, it is apparent that NEO dropped down and bounced off of a very sturdy support represented by the BROWN line. Depending on your strategy look to buy in now and take profits within the blue, green, and red regions. MACD and RSI both look nice and the downtrend has finally broken as well. Good luck.
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