NEO/USD fell from $11.25 to $11.05 this Tuesday. The market has found support on the SMA 200 curve. NEO/USD is currently consolidating in a flag formation. This Tuesday, the bears took over and pushed the price down from $11.25 to $11.05. The hourly chart shows that the price went up to $11.40, where it met resistance and fell to $11.10. The price then bounced back up to $11.35, where the hourly price met resistance again and fell to $11.05. NEO/USD daily chart The NEO/USD hourly chart has found support on the 200-day simple moving average (SMA 200) curve and is trending below both the SMA 50 an SMA 20 curve. The price had a bearish breakout from the green Ichimoku cloud. The moving average convergence/divergence (MACD) indicator shows decreasing market momentum. The Elliot oscillator shows four straight bullish sessions of increasing intensity. The relative strength index (RSI) indicator is trending around 39, next to the oversold zone. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/INR technical analysis: 21-DMA offers intermediate halt during further declines FX Street 4 years NEO/USD fell from $11.25 to $11.05 this Tuesday. The market has found support on the SMA 200 curve. NEO/USD is currently consolidating in a flag formation. This Tuesday, the bears took over and pushed the price down from $11.25 to $11.05. The hourly chart shows that the price went up to $11.40, where it met resistance and fell to $11.10. The price then bounced back up to $11.35, where the hourly price met resistance again and fell to $11.05. NEO/USD daily chart The NEO/USD hourly chart has found support on the 200-day simple moving average (SMA 200) curve and is… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
