Technical analysis: . NEO/ETHEREUM is in a downtrend and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . NEO/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. . There is a valid and clear divergence in the price chart so the probability of the beginning of uptrend is increased. . While the RSI and the price downtrend in the Daily...
Technical analysis: . NEO/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. Trading suggestion: . Price is in the support zone (0.1860 to 0.1380), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term...
Technical analysis: . NEO/DOLLAR is in a downtrend but the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. . The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . We have already...
Short NEO as it broke the short term downtrend line shown in purple, signaling more bearish sentiment. 1)The immediate support range will be 78.6% Fib. Retracement level and the 0.004496 BTC level. These will act as major support. 2)Neo is in a major downtrend since February as shown by the downtrend channel in sky blue. 3)Major resistance range will be...
Technical analysis: .NEO/DOLLAR is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 39. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (60.00 to 44.00). if so, traders can set orders based on...
NEO/BITCOIN New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is still possibility of temporary retracement to suggested support line (0.0078), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price...
neo is retesting support. for confirmation of breakout if support stays strong, it can reverse from current price so u can enter at current price with stop loss at 34.4(where it falls below cloud, which means strong bearish)