InvestingScope

Consolidation below the bearish line. Still short.

BITFINEX:NEOUSD   니오
NEOUSD has succeeded at trading on low grounds still below the bearish trend line (red dots) of the last 1D Lower High (RSI = 37.803, MACD = -3.103, B/BP = -2.1943). As the neutral Williams = -48.763, CCI = -20.7280, Highs/Lows = 0 indicate, the price is near its Lower High limits, which extend up to a maximum of 21.96. As soon as this consolidation on 4H comes to a close (RSI = 47.553, CCI = 15.0206, Highs/Lows = 0) we expect NEO to reach our TP = 8.78.

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