yuri72

Neo neutral at best

yuri72 Updated   
BITTREX:NEOBTC   Neo / Bitcoin
Neo is currently in the Apex, but with RSI going nowhere/ failing to go back up after breaking resistence, I would not buy at this stage.. a move to at least horizontal support seems very likely
Comment:
Neo went a little higher than expected in short term. RSI went overbought on the hour chart which is something to keep notice of. On the 4 hour chart not much traction on RSI as of yet, also upmove confined by new drawn red boundary. No need to change view as of yet.

Comment:
Insights still valid
Comment:
Neutral stance left on the downside, new idea published.
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