Batrachotoxin

NEO has mixed favor but more bearish in short-term.

BITTREX:NEOUSDT   Neo / Tether
NEOUSDT

Unlike most of top coins (the coins have high market capitallization), NEO did not raise up much incomparision to the others. After 2 times trying to break short-term Fib. 61.8% at around $13, NEO seems to lose its momentum. Though the bullish pennant (bullish favor) appeares on daily chart but NEO meets 2 strong resistances including Fib. 50% and 61.8% at the price range (bearish favor), besides, a exaggerated bearish divergence is also appeared on daily chart (bearish favor).

As a result, NEOUSDT is expected to have a leg down to below supports which are the Fib. 38.2% (~ $10), 23.6% (~ $8) and 14.6% (~ $7).
NEO has a small chance to reach $17 if bull news can activate buying force.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.