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.