NEO has seemingly been accumulated within the green zone for a long period of time and had not yet been distributed fully. We can expect it to follow this kind of Elliot wave. Anyway at least a 30-50% movement within a couple of weeks-months is almost inevitable as volumes accumulated within the green range have to be distributed to someone and a 900 days accumulation can't be distributed so fast. There is still room for movement.
If you wish to enter crypto market this might be the right asset to include in your portfolio.
datalize.org/
If you wish to enter crypto market this might be the right asset to include in your portfolio.
datalize.org/
Note
Also, a major update, NEO 3.0 is coming this quarter, it is also a very bullish sign.Note
It went quite better than expected.
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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.