NEO - Decision Time

Neo coming to a wedge/Support line while riding the downtrend. There are two support lines coming up quickly. The first support line does not look to be very strong at this moment but can quickly change with NEO. Keep an eye to see if it breaks out of the downtrend or breaks through the support to the next support level.

I think NEO is ready to make another large run once it breaks this downtrend.

Good luck!

Commentaire:

NEO followed the downtrend as BTC continued its run. It does look like it has moved above the resistance line which will now be a support line.

Needs some good news to spark the fire!