After a bullish setup on the daily was completely ruined by news, the bulls saw an oversold bounce play out overnight.
Now we have consolidated from that top, and are looking for the higher low to be set on the hourly.
We have a new support level and anticipate a lower high for an hourly equilibrium.
I have continued to play ETH based on what BTC is doing, as...
Neo recently faced an upsurge in price, coming from the price of $25 all the way above $50. The was a great opportunity for the chance, however, the price has faced a sharp pullback, keep your eyes on the support and resistance lines and use the zones as an indication of when the best time to take profits are or place orders. Not investment advice.