InvestingScope

Bearish continuation both on 4H and 1W. Approaching the support.

BITFINEX:NEOUSD   니오
NEOUSD is on a descending course both on the 4H Channel Down (RSI = 44.300, MACD = -0.258) and the 1W Channel Down (RSI = 36.441, MACD = -11.531). On 1D however it is restrained by a 19.85 Resistance and the 13.55 support, which is slowly approaching. We expect a test (and most likely break-out) in the coming days. TP = 8.78.

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