The NEO chart is setting up for an impressive year should Bitcoin turn the corner in the next few weeks. In 2017 it burst onto the scene & showed big gains & big potential. With wave 2 looking like it's nearly complete, wave 3 could be an extremely strong wave if the crypto markets start a bull run - which I believe is coming soon - with short term targets this year around $225 & $350. Looking long term into 2019 - $500+ is not unreasonable.
The oscillators also look primed for a run. A strong positive trend is building in RSI & MACD which would support strong upward movement.
I am not extremely familiar with the fundamentals, but from what I understand it is truly decentralized & has a limited supply, which bodes well for its future value, & a strong team behind the project. This plus the technicals make it a high potential coin.
In my view, this coin is in a great position to accumulate now - currently it's sitting on a long term trend line supporting price so it likely won't fall much further - it may very well be at the bottom before the next wave up begins. whether you're looking to hodl or swing trade, I expect NEO will deliver big returns in 2018/19.
Cheers!
The oscillators also look primed for a run. A strong positive trend is building in RSI & MACD which would support strong upward movement.
I am not extremely familiar with the fundamentals, but from what I understand it is truly decentralized & has a limited supply, which bodes well for its future value, & a strong team behind the project. This plus the technicals make it a high potential coin.
In my view, this coin is in a great position to accumulate now - currently it's sitting on a long term trend line supporting price so it likely won't fall much further - it may very well be at the bottom before the next wave up begins. whether you're looking to hodl or swing trade, I expect NEO will deliver big returns in 2018/19.
Cheers!
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