I was bearish on NEO for some time (see link below) and it worked out as expected. We already touched the blue box onxe and it looks like it can break out any time. Starting to think that we might have seen the bottom for now, unless BTC is gonna do some more dumping time.
Trading advice: just wait till it breaks out, might take some hours/days but it will come. It might make some smaller moves around the current trendline. Once it breaks out and forms a bullish consolidation on lower timeframe, you can hop on. (see link below)
I will update when it breaks out to see if we can determine a target.