icexch
Long

NEO. Consolidation on an increasing trend.

BITTREX:NEOUSD   NEO / U.S. Dollar
On the daily charts , NEO corrected after reaching $ 200 and was able to rise above the slow moving average, maintaining a positive medium-term attitude.
The indicator "Crossing of moving averages" is in the purchase since December 11 and the price of $ 30.
Analysing the waves, there was a three-wave correction for an upcoming large wave of growth.
On weekly charts, everything also looks very attractive for the buyers.
Thus, at the moment purchase looks like a good idea.
The intersection of moving averages will give a signal for closing long positions.
Possible growth targets for the next wave are around $ 300 (the nearest after overcoming $ 200), and the ultimate goal of the big wave is $ 500.
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