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NEO/USD chart - Trading View
Exchange - Binance
Support: 8.12 (Mar 4th low); Resistance: 9.75 (200-DMA)
Technical Analysis: Bias Bearish
- NEO/USD edges higher from session lows at 8.9215, bias bearish
- Price action has retraced break above 200-DMA and is extending weakness for the 5th straight session
- RSI well below 50 and scope for further downside, Stochs are sharply lower
- Price action below cloud and major EMAs. Recovery capped at 5-DMA
- Next immediate support lies at 8.8270 (61.8% Fib). Break below will see weakness till 8.1216 (Mar 4th low)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
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Crypto Technicals: NEO/USD finds strong support at 9.15, break below eyes 8.12
Wednesday, May 8, 2019 11:58 AM UTC
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