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De-Harmonic
May 29, 2018 6:40 PM

Bulls exhausted Short

NEO / TetherUSBinance

Description

Neo is trying to break above the falling wedge channel. Moving averages are about to cross. There is a hidden bearish divergence on the RSI. Price may retrace to $51 on the .618 Fib level, proving good ground for the bulls to enter. Next resistance is at $56.5
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