NEO / USD was unable to settle in the price range of $ 69.00 - 63.00 after the reset and bottom out. The correction is currently ongoing.
As I have written recently, it is now important that the price of $ 55.00 is not sustainably undercut. There is the 78.6 Fibonacci retracement of the full upward movement.
At the latest there should then bottom out, so that an upward rebound can develop, with the chance to continue the last upward movement.
Failing that, the last great low ($ 44.00) of the downside movement - that is, a full 100 percent correction - will automatically be the next target of NEO / USD.
This is NOT investment advice and does not require buying or selling. Every reader is aware of this and makes their own investment decision with their own understanding of risk management!
Cheers Jessy
