NEO is touching (again) major trendline. It's big support which was checked several times in the past by NEO. Now it's at this line again. If that support line will hold, it could be great buying price.
I expect that NEO price will be consolidating for some time, as it was consolidating in the past, after reaching over $50 level. The correction may be over at 78.60% so lets see how it will turn out.
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
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