NNeo / Bitcoin

NEOBTC - Monthly Chart. This does not look very well..

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The monthly chart of neobtc looks pretty Risky.

Risk averse traders better stay out of NEO at the moment. If you look at weekly/daily levels, you'll see NEO is hanging on the cliff of at least 80% additional downwards movements.

However, risk-loving traders might see this as an opportunity. A recovery of NEO might lead to a bounce of 30%. With a tight stop-loss, there are possibilities..

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