UnknownUnicorn1520339

NEO how to trade

BINANCE:NEOUSDT   NEO / TetherUS
NEO just hit the previous low at around $65 and RSI is showing oversold on the 4 hour chart. MACD is still not showing clear reversal signs, but I suggest to closely look at the resistance line (red dotted line) if it bounces off or passing through.

I bought in at $67, but that's kind of a gamble. Especially if BTC is reaching towards the $6000, i'm curious if NEO is going to hold or following BTC.

I'm checking this chart out every hour and will update.
Order cancelled:
UPDATE:

Cancelling the trade. It looks to bullish to hold. I sold my positions and planning to get in when it hits a lower support.
Comment:
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.