NEO AND 2018
Neo is the one of the popular ones and with a good tech. I have searched for trends in different time frames and scales. This log scale offers some long term insight what direction NEO could be going and is based on the past movement. I see this trend lines like trends based on feelings and hype.
Channel between green and orange is Neo's main channel but when is under the light blue line I think Neo is underperforming. Above the orange line Neo is in hype mode and eventually price action will go back to main channel under the orange line. But if we catch the hype, then good money can be made.
This is just my observation for 2018 where Neo will be the one to watch. DYOR.
GL an Happy New Year.
Channel between green and orange is Neo's main channel but when is under the light blue line I think Neo is underperforming. Above the orange line Neo is in hype mode and eventually price action will go back to main channel under the orange line. But if we catch the hype, then good money can be made.
This is just my observation for 2018 where Neo will be the one to watch. DYOR.
GL an Happy New Year.
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