Monfex_UK

NEO is going to test $7 !

Short
Monfex_UK Updated   
Hello, Traders!
Monfex is at your service and today we overview NEO/USD.

NEO broke the triangle and has already tested the ex-support of this triangle and it's near the resistance zone and MA200. There is a downward movement globally, the bears control a situation. Stoch RSI has a bearish div and going down to oversold zone.

The local support ~ $ 7.30
The great support zone ~ $ 7 - 6.85

NEO has two scenarios:
  • breakout the support zone with target below $ 6 -
  • breakout the resistance zone with target more then $ 8 +

  • Market Cap
    $522 507 926 USD
  • Volume (24h)
    $230 924 554 USD
  • Circulating Supply
    70 538 831 NEO

Share your thoughts, ideas about the market under the chart.

Watch for our Updates to be the first who gets well-timed signals !

GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Comment:
Comment:
NEO/BTC
near resistance and support bottom zone
Trade active
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.