I'm going to hazard the long term trend reversal bottom for this current trend going to be around: $53.
- Intersection between Fibonacci and bottom of our current channel.
- About a 73% re-tracement. Average crypto re-tracements from ATH is 80%.
With Bitcoin being expected to retest the 6000 range there's no reason to think NEO won't itself be testing new lows also.
Gonna be an interesting to see if this really does all magically line up.
Then again I been doing this for 10 minutes so wtf do I know. Namaste.