Aume27

NEO correction call.

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BITTREX:NEOBTC   Neo / Bitcoin
NEOBTC on Daily.
not sure of the follow up, but fundamentals ask for a correction in my opinion.

Technical analysis is pretty much confirming what the news ask

Fundamental sources:
pressure start with the atricle about decentralisation from |bitcoin.com in january
news.bitcoin.com/mos...ized-than-you-think/
and now seen then we keep hearing about NEO decentralization problem

news.bitcoin.com/?s=neo

Even if at the moment it looks bearish, in the news and conferences we clearly see that Neo as a solution in mind.
That's what confirm the bounce at
main support trend line.

I would expect Neo to drop deeper if the project doesn't release a good solution before price break the 0.0059 last support trend line.

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