Analysis: If we look at the chart of NEO its obvious that the 50DEMA act as a base (support) for the bullish trend on the daily chart. Right now the current price of NEO is trading above 25/coin from the average. Right now the best decision that you can made is to wait until the price go down to meet with the average in order to place a low risk long position from near the 75$ level. If the 50DEMA average is going to support the bullish trend the next potential top could be the 300$ level until the next correction or maybe it will be the top of the current bull run. Bitcoin is still hesitating to make another ATH so it will be a chance for NEO as well to test the average as well.
Trade: Buy - wait until market goes down to the 75$ level at least. Entry: 72-75$ 1st target: 150$ 2nd target: 290$ S/L: 62$
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Ghi chú
it will crash more, dont buy just right now. Maybe around 45$
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