From Antshares to Neo - Life Cycle and Potential Prices

23 Eki 2017

I mis-read Neo recently - I didn't look far enough back - These are the full trend lines from when Neo was still Antshares and still trading in dollar single figures - Blue lines show current trends - Red lines show resistance - Green lines lead to potential prices if resistance is broken - Depending on the strength of the market I expect it to take one of these paths

16 Kas 2017

Not

Neo played the wedge perfectly and has chosen a trend line - inside this range the ceiling is around $44

25 Kas 2017

Not

Neo on resistance - To get to the next price range we have to get above $39-$41 - If we bang off the top here and come down to the bottom of the range the price will stop around $35

27 Kas 2017

Not

Neo is piercing resistance and looking good to break thru - If we get above the green line of ascending resistance the price can reach $54