I'm holding NEO as long term investment. I have good expectations for his future use, hence his price. Besides NEO is also a passive income source (gas). Anyway I keep an eye on the chart:
On NEOBTC daily chart the price retested 6600sat support e was rejected for the fourth time. There is a clear trendline resistance that it has to break for a change of trend, it has also to pass the resistance of 55 and 200 ema.
There are good chances that these resistances will hold for some more days.
When it will break up it's going to be a fast run to 10000sat ( +35%), at that point we'll see if NEO will have the strength to go back straight to all time high 15000sat (+100%).
Stop loss around 6300sat in case something bad happens to the market.
