I don't see NEO coming out of this easily...The FUD hit hard!!! If we don't find support at the next resistance level marked by then end of the orange arrow, we then follow the red. Garnering support we might follow green, but MACD 12 is now below 26 and diverging further away...and while the RSI is low it is starting to curve up without positive price action...my...
NEO failed at the previous Fib support level and we will be looking for support at the next. Volume is still low and steady red. Failing the next support level will cause a sell off to the next support level. We either entering the cup or we following a bear diamond. MACD 12 converged on the 26 and is now diverging down this is a bearish signal along with the RSI...
NEO reaching next support level on Fib failing at this level we will fall to next...MACD showing 12ema curving down with 26ema curving up with a divergence...RSI falling below the usual support level...Red candles all the way down
ONT airdrop done. NEO has no substantial volume and MACD 12ema is curving down again.NEO failed to make break at last FIB level and should fall back down to previous support levels.