Neo: The Little Altcoin that Could

At this point, Neo seems to be reminiscent of the children's book with the train who kept iterating "I think I can! I think I can!". It keeps chugging along, maintaining lackluster, but some consistent gains despite other altcoins having numerous breakouts since. Although the Kovach momentum Indicators are still bullish, they do seem to be waning. The 0.5 Fibonacci Fan level seems to be a strong line of support, though appears to be forming the neckline of a head and shoulders pattern. If Neo breaks below this neckline, it will provide great resistance to a future breakout.