divij23111995
Long

neo bottom fishing?

BITFINEX:NEOUSD   NEO / U.S. Dollar
its a scary thing to call a bottom in such a market, but looking at neo, the ABC started on 8th january looks to be about complete, the 100 dma and 50 dma have never been this close to the downtrend , and the recent volume spike hasnt been able to close a weekly below 16.7

not trading advice, but watch 16.64, downside break we may be able to short to 14, but if it holds this week then possibly we can get 22 as a target . im not expecting to be able to short it.
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