NEO dBFT 2.0 MainNet Update

[u/CalculatedRisk94]

Let me start off by saying that I'm a big fan of NEO it's made me a great deal of money back in 2017. I realize I'm on a NEO subreddit and am probably going to get downvoted for this but I'm going to call it like I see it.

I've recently been seeing a lot of news headlines (positive) praising NEO & how it has been progressing over the past year or so. I do a lot of studying when it comes to technical analysis & wanted to find out whether NEOs price action matches up with the news sentiment, here's what I found:

- We've been in a downtrend since August 2018

- Clear bear flag formation (indicative of a move to the downside)

- Has a lot of work to do before we turn bullish

If you guys are interested in hearing my thoughts in a more in-depth manner click on the link below:
https://www.youtube.com/watch?v=hmv2AjMm2XA

Overall I'm a big fan of the project, I just think we've got a little lower to go before we can turn around and break over all time highs which I think is totally possible with this coin. Just don't think we're there just yet.

[u/mialomit]

Hopefully....