InvestingScope
Short

NEOUSD: Broke the previous Low. Support is next.

BITFINEX:NEOUSD   NEO / U.S. Dollar
The 1D Falling Wedge ( RSI = 32.937, MACD = -0.573, Highs/Lows = -1.0165) is approaching its exhaustion point near 14.50, having already crossed the previous 15.25 Low. The 13.55 1W Support is the next obvious target, crossing of which will validate the much anticipated 1D Channel Down. We are keeping our ong term TP at 8.78.
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