NEO reaches 300 USD
We see a head and shoulders pattern forming in BTC, BCH, and also NEO. We are at the moment of truth, NEO MUST breach the upper line of the downward channel. We are seeing signs in many coins that the bottom is in, and I believe the same for NEO. The resistance given by the downward channel, and BTC about to start wave 4 downward, will cause a shortened wave 3, and will lead to the impetus for an extended wave 5 (propelled by BTC having breached its neckline). With wave 5 reaching to 1.62 of wave 3, it extends just slightly about the expected value seen by the head and shoulders pattern.
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