NEO/USD chart - Trading View
Exchange - Bitfinex
Support: 11 (200-DMA); Resistance: 11.38 (5-DMA)
Technical Analysis: Bias Bearish
NEO/USD grinds sideways along 200-DMA support. Break below will open up downside.
Technical studies have turned bearish on the daily charts.
Price action is well below cloud and major moving averages.
GMMA shows shift in trend with Short-term moving averages breaking below the Long-term MAs.
Further, we notice compression in the Longer-term moving averages with a shift lower suggesting downside.
The pair was unable to extend upside after 'Hammer' on July 28th trade. 'Doji' formation hampers upside.
Break below 200-DMA support (11.00) will open up downside. Next major support lies at 9.95 (trendline) ahead of 78.6% Fib at 8.75.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 



