TradingView
InvestingScope
Aug 24, 2018 9:10 AM

Consolidation below the bearish line. Still short. Short

NEO / DollarBitfinex

Description

NEOUSD has succeeded at trading on low grounds still below the bearish trend line (red dots) of the last 1D Lower High (RSI = 37.803, MACD = -3.103, B/BP = -2.1943). As the neutral Williams = -48.763, CCI = -20.7280, Highs/Lows = 0 indicate, the price is near its Lower High limits, which extend up to a maximum of 21.96. As soon as this consolidation on 4H comes to a close (RSI = 47.553, CCI = 15.0206, Highs/Lows = 0) we expect NEO to reach our TP = 8.78.
Comments
cmorak2
CosmicFry21
nice chart
More