H4
A rising channel is visually recognized, the borders of which the price is currently testing.
The NEO price is trading on the Ichimoku cloud, indicating the presence of a local correction.
RSI is directed towards to level of oversold.
Conclusion:
We recommend buying from a key support level of Fibonacci 50%.
H1
The price is trading below the Ichimoku cloud, indicating the zone of the possible completion of the correction.
RSI is overbought, indicating sellers are weak.
Conclusion:
We recommend buying from a key support level of Fibonacci 50%.
Good luck!
A rising channel is visually recognized, the borders of which the price is currently testing.
The NEO price is trading on the Ichimoku cloud, indicating the presence of a local correction.
RSI is directed towards to level of oversold.
Conclusion:
We recommend buying from a key support level of Fibonacci 50%.
H1
The price is trading below the Ichimoku cloud, indicating the zone of the possible completion of the correction.
RSI is overbought, indicating sellers are weak.
Conclusion:
We recommend buying from a key support level of Fibonacci 50%.
Good luck!
