NEO / U.S. Dollar

BITFINEX

NEOUSD

Hi, dear Traders! Monfex is at your service and today we overview NEO/USD. We obviously see the triangle formation which locally is in the bearish trend. Breakout of the triangle's support or resistance lines will be first sign for some actions(buy or sell), but for a more confidence we need to act by breakout the key levels. The great volumes that are also like...

To the left of the analysis is the 2.2 RR trading. To the right is theory. The current entry point is the intersection of the MA100,200. This is a very strong level. The target price is the 50% ATR axis of the exchange rate movement, which started at a similar level.

Technical analysis: . Neo/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (10.3100 to 8.4295). if so, traders can set orders based on Price Action and...

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Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast beginning of uptrend. Technical analysis: . Price is above WEMA21, if price rises more, this line can act as a dynamic support against more gains. . Relative strength index (RSI) is 78. New trading suggestion: *The price is in a range bound and we forecast the...

According to my previous analysis, the exchange rate is moving. I have no reason to change. But what I see is a target price. The exchange rate passed through the 16.99 usd, which was the primary target price. Therefore, I am now looking forward to a further rise from this level, which can now be present as a correction level. Target price 24,03USD.

Technical analysis: . NEO/Dollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (11.1856 to 8.4295). if so, traders can set orders based on Price Action and...

Technical analysis: . NEO/Dollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 53. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (11.1856 to 8.4295). if so, traders can set orders based on Price Action and...

Technical analysis: . NEO/Dollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (11.1856 to 8.4295). if so, traders can set orders based on Price Action and...

The exchange went into a rising channel. It is characterized by the axis connecting the rising peaks and the rising ATR axis. Within this, a second wave of a dual waves system can be deployed. If the analysis is correct, another rising wave may develop. The target price is 15.27 usd.

Technical analysis: . NEO/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 79. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (13.6650 to 10.0338). if so, traders can set orders based on Price Action and...

NEO’s -97% 2018 descending channel. The technicals suggest that it is set to bounce at this level of support. There is also RSI divergence on the 1 Day timeframe. However, a fall in BTC could drive the price lower. Bitcoin looks set to test the $3,000 support level. Which is currently around a -16% decrease in value. The correlation between Altcoins and Bitcoins...

#NEO’s -97% descending channel. Looks set to bounce at this level of support. However a fall in #BTC could drive the price lower. There is #RSI divergence on the 1Day timeframe, do you think the bears are exhausted from selling?

www.tradingview.com Ok, for me Neo still may well fall back again but i think here would be a good risk reward scenario, against btc neo broke through the moving averages i use on the 144 minute interval, so it stands a good chance of good performance against BTC ...

Technical analysis: . NEO/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of...

Watch for mid-lower-lower and mid-lower dotted-line crossing up..

Technical analysis: . NEO/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...

Technical analysis: . NEO/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...