Triangle keeping the price neutral. Bearish confirmation upon su

NEOUSD is stalling the downtrend indicated by the underlying long term bearish trend on the 1W Channel Down ( RSI = 37.081, MACD = -11.565, Highs/Lows = -4.0555, B/BP = -14.5653) as a 1D Triangle ( RSI = 45.534, STOCHRSI = 47.026, CCI = -19.7242, Highs/Lows = 0.0000) is supporting the price above 16.00. This is the support we are looking to cross, and a break-out is confirmation of the downtrend. Our TP remains 8.78.
High quality portfolio management, asset allocation with excellent risk management. Grow your account, achieve steady profit levels and increase your trading edge with InvestingScope (
nice chart! good job , i thinks neo make a range and after takdown lateraly in your target ! MANY people believe btc the moon for the end of year , i thinks the crash probably for december destroy psychological people very nice job brow !
What is your opinion for holding NEO in the long term? Are there some promising fundamentals?
@Rezonator23, There are but not before December - January when the crypto market makes the bottom of the current bear cycle.
Rezonator23 InvestingScope
@InvestingScope, Thank you for your honest view. Looking forward to buy NEO with discount :-)
timn91 InvestingScope
@InvestingScope, so in your opinion we're not quite at the bottom yet and even the most recent promising upticks (e.g. ADA) are only temporary and we'll see a continuation of the bearish market until Dec/Jan?
@timn91, That is correct Tim. We expect a continuation until Dec/ Jan. Unless of course BTC (which is the main driver of this market) shows otherwise. We will be updating of course regularly.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out