NEO is nursing losses of over 3% on Tuesday, as the crypto market continues to remain weighted to the downside. A rising wedge pattern seen for NEO/USD on the 60-minute chart, with the bears eyeing another break of $30 mark. The NEO price was seen down over 3% during trading on Tuesday, inline with a continued cooling in crypto prices seen across the board. Sentiment is still very much pointing to the downside, as the bears have a breather ahead of further potential selling. NEO/USD has formed a rising wedge pattern, which could be subject to a bear break lower, should the textbook technical play out. The formation has been taking shape since the low produced on Sunday 24th June, which saw NEO at $28.62. Technically, given the above-mentioned pattern development for NEO/USD, it does look attractive for the market bears to take advantage of. Near-term support is seen at the lower trend line of the wedge, tracking at $30.35, resistance at $32.03 100MA on the 1-hour chart and then $33.00 the upper part of the wedge. NEO/USD 60-minute chart 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 Asia open: Trump backing down on new investment restrictions – TDS FX Street 5 years NEO is nursing losses of over 3% on Tuesday, as the crypto market continues to remain weighted to the downside. A rising wedge pattern seen for NEO/USD on the 60-minute chart, with the bears eyeing another break of $30 mark. The NEO price was seen down over 3% during trading on Tuesday, inline with a continued cooling in crypto prices seen across the board. Sentiment is still very much pointing to the downside, as the bears have a breather ahead of further potential selling. NEO/USD has formed a rising wedge pattern, which could be subject to a bear break… 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.
