NEO / Ethereum

BITFINEX

NEOETH

Technical analysis: . NEO/Ethereum 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 25. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility...

Technical analysis: . NEO/Ethereum 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 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0590 to 0.0550). if so, traders can set orders based on Price Action...

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 temporary...