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 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (10.3100 to 8.4295). if so, traders can set orders based on Price Action and...
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast beginning of uptrend.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 78.
New trading suggestion:
*There is still a possibility of temporary...
Technical analysis:
. NEO/Dollar is in a range bound 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 60.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (11.1856 to 8.4295). if so, traders can set orders based on Price Action and...
Technical analysis:
. NEO/Dollar is in a range bound 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 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (11.1856 to 8.4295). if so, traders can set orders based on Price Action and...
Technical analysis:
. NEO/Dollar is in a range bound 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 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (11.1856 to 8.4295). if so, traders can set orders based on Price Action and...
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 40.
. 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 of...
its a scary thing to call a bottom in such a market, but looking at neo, the ABC started on 8th january looks to be about complete, the 100 dma and 50 dma have never been this close to the downtrend , and the recent volume spike hasnt been able to close a weekly below 16.7
not trading advice, but watch 16.64, downside break we may be able to short to 14, but if...
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.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
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 temporary...
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 targets....
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...
One of the beauty of the bear Market is, it gives good opportunity to accumulate GEMs. Neo is one such coin/token which is very attractive at the current rate. Fundamentally, Since China is thinking about its stance on Crypo Currencies, Neo is at the very strong position. It is one of the safe investment at the current rate with its penetration in term of ICOs,...
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 Daily-Trading-Opportunities...
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)
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