Neo daily candle has opened above the the 61.60% fib after breaking thru the dollar downtrend - If this candle can close above the fib tomorrow that will mean the weekly candle will too, bullish for Neo
Comment:
Neo price is above the 61.80% and above the downtrend from previous ATH - Looking very good for the coming weeks
Comment:
We're airborne - Target is the next fib around $160 area
Comment:
Neo got smashed down with the rest of the market but is holding up better than most - Candles are crushed between the 50% fib and the downtrend - If the 50% fib breaks its going to look a lot like H&S - The fundamentals for this week are good with the Ont airdrop coming but Neo needs to break that downtrend on this next attempt or the price could well drop
Comment:
Smashed out of the downtrend - The Ont airdrop is really powering the price - Ont will also earn Gas when held in the Neon wallet - You can enter Neo ICOs straight from the new wallet and it holds all Neo based tokens - difficult to put a top price on Neo, by far the best performing coin in the recent dips - To see Neo price close to 4 figures this year would not surprise me
Comment:
Neo hanging on by the skin of its teeth - Nice bull hammer on todays candle, general market sentiment will determine if we continue up tomorrow
