Sebastian_ZA

NEOUSDT not looking healthy

Short
Sebastian_ZA Updated   
BITTREX:NEOUSDT   Neo / Tether
I don't see NEO coming out of this easily...The FUD hit hard!!! If we don't find support at the next resistance level marked by then end of the orange arrow, we then follow the red. Garnering support we might follow green, but MACD 12 is now below 26 and diverging further away...and while the RSI is low it is starting to curve up without positive price action...my guess is we wont gain resistance at the next level unless we see some postives coming from BTC.
Comment:
We now on a free fall to next support level...while RSI is low the MACD isn't showing any good

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