NEO / USD
NEO demonstrates a mixed technical picture.
On the one hand on the weekly chart Crossing of moving averages in the purchase and there is consolidation on the growing trend. In this case, the range narrows, so that the output is not far off.
On the other hand, on the daily chart:
we see a sell signal from the Moving Average Crossing.
The October and November growth of $ 15 looks like an A-B-C correction to the previous decline from $ 58 to $ 15
In addition, NEO to Bitcoin last month is in a declining trend
Given the mixed technical picture, we recommend to refrain from any action before the course exits consolidation (today it is $ 27- $ 47) and the situation assessment at that time.
Follow our ideas.
Recommendation: keep
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