NEO
Short

Bearish continuation both on 4H and 1W. Approaching the support.

337
NEOUSD is on a descending course both on the 4H Channel Down (RSI = 44.300, MACD = -0.258) and the 1W Channel Down (RSI = 36.441, MACD = -11.531). On 1D however it is restrained by a 19.85 Resistance and the 13.55 support, which is slowly approaching. We expect a test (and most likely break-out) in the coming days. TP = 8.78.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.