RRcrypto

Closer look at NEO

Today we have prepared an analysis on NEO. So lets get right into it. The EMA(100) hundred acts like a resistance. The volume is low. And the RSI is going down. If you look on the RSI, everytime NEO fell under 35(yellow circles) it went rapidly up in the next moments. And this is going to happen again. In the next few days we will see a drop in the prices, but then it will jump much higher.

If our analysis helped you and you like keeping the analysis simple, please consider giving us a thumb up.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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.