Finnovin

NEO: a breaf explanation

BINANCE:NEOUSDT   NEO / TetherUS
R1 is almost broken up and candles closed above this line. so it's a good sign of a better upward momentum.
R2 is a very powerful resistance, btw it's almost far and there's no need to discuss it.
A: Lead span A is downward right now and for better reliability, we prefer to see an upward slope of this line.
B: Lagging span is above the cloud and price chart and it confirms more confident positive signals based on other indicators.
C: conversion line (blue line) needs to change direction upward. to start another upward movement.

Totally: Neo is very good for the long term. if you've bought way before, you should hold until some conservative signals like breaking down the cloud or moving average can confirm the end of the trend. Also, NEO is very potentialite for short-term trades as well. it

for the short term. don't forget that you have to wait for BTC to close above 49100$. so stay conservative until that moment.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.