Short

Neo will not see a new all time high for now

Having a big gain in volume again, Neo is really a neat coin. There was a good opportunity to get to a new all time high. But like so many other alts, Neo wasn't able to do that for now. Bitcoin correction did ruin this one, too. For now, you might want to sell Neo as it seems to be in a downtrend. I think the competition (news) which is going to be held at January 25th, did push this coin. But I don't believe that it will create such a dynamic to get to all time high again. It'd be more logical that it might make fast movements the next days but won't get really higher than now.

Indicators are really bearish! There will definitely be a correction. The white lines mark the borders of what might happen the next days.

Good luck

calumon

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.