NEO has retraced inside numerous moving averages, and continues to gain negative momentum against ETH. Looking for NEO to drive to .618 retracement level, which coincides with two previous points of major support on the daily, before continuing to retest all time low established Jan 5 (0.047614). Overall three targets I'm looking for here: 1. 0.0555 2. 0.0476 3. 0.0420
Technical analysis: . NEO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. . The RSI downtrend is broken, so the probability of the resumption of...
This is the weekly chart. It simply shows where we are. In my opinion correction stage will provide many opportunities.
There is a possibility for the beginning of an uptrend in NEOETH Technical analysis: . NEO/ETHEREUMN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in...
NEO/ETH - NEO/ETH looking interesting to me here. We are seeing a lot of larger cap alts gain on ETH like XRP, XLM, EOS etc. Reason for this trade is a good R/R, price has broken market structure shown by the new high (white tick) taking out the old high (white cross). Scaling in for a good entry down from current price down to 0.064121, stop below that wick and...
RSI oversold on daily chart, Wait for confirmation of a move up then ride it, strong support at 66 and strong resistance at 84 even more resistance at 38.2 fib level.
cryptos are considered to be in a no trade zone but the climax is coming
It seems like there is a strong battle between the NEO and Ethereum at the moment. But they differ in many ways. In particular, NEO is more of a Chinese cryptocurrency with a very strong future, that is focuses on a regulative aspect. Ethereum, in its' turn, is a worldwide coin, with a mass adoption and use across the world. The interesting thing is that China is...
Technical analysis: . NEO/ETHEREUM is in a downtrend and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . NEO/ETHEREUM is in a downtrend and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
we will see soon the 2 rally of neo after head and shoulders pattern