NEO just hit the previous low at around $65 and RSI is showing oversold on the 4 hour chart. MACD is still not showing clear reversal signs, but I suggest to closely look at the resistance line (red dotted line) if it bounces off or passing through.
I bought in at $67, but that's kind of a gamble. Especially if BTC is reaching towards the $6000, i'm curious if NEO is going to hold or following BTC.
I'm checking this chart out every hour and will update.
I bought in at $67, but that's kind of a gamble. Especially if BTC is reaching towards the $6000, i'm curious if NEO is going to hold or following BTC.
I'm checking this chart out every hour and will update.
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UPDATE:
Cancelling the trade. It looks to bullish to hold. I sold my positions and planning to get in when it hits a lower support.
Cancelling the trade. It looks to bullish to hold. I sold my positions and planning to get in when it hits a lower support.
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