saintbitcoin

NEOUSD Bulls and Bears just doing their thing

BITFINEX:NEOUSD   NEO / Dollar
Lets take a look at the neo markets on 1 day candles to get an idea of what is happening.

In my opinion NEOUSD is undergoing a very healthy correction, however it is important to note that we are currently in bearish trend , not really surprising considering the markets at the moment.

We can see that NEOUSD found strong support around $100 where prices were pushed into the $140 zone where we saw quite a lot of action before it was rejected as support and became resistance.

Short term speaking we could see a retest of the $100 – $120 zone, and this is also where some day traders are placing some buys to catch the bounce.

Longer term speaking I expect NEOUSD to continue its bullish momentum at some point, most likely when Asia stops having holidays.

I see solid support at $100, but should prices break below that the longer term support zone is $60 – $100.

Feel free to discuss this trade idea with us in Discord.
Deutsch
English
English (UK)
English (IN)
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden