NEO Technical Analysis: NEO/USD sees the big bulls driving the price over 9% higher on Monday

  • NEO one of the noteworthy out performers, with gains in excess of 9% on Monday.
  • NEO/USD could make a decent run back towards $40, should near-term barrier be taken out.

 

NEO/USD 60-minute chart

 

Spot rate:                    0.46969

Relative change:         +8.93%

High:                           37.09.

Low:                            33.00

 

Trend:                         Bullish

 

Resistance 1:            37.09, today's (Monday) high. 

Resistance 2:             37.30, supply zone.

Resistance 3:             39.15, (resistance on 60-minute chart).

Support 1:                  36.20, 7th July low.

Support 2:                  35.60, (support on 60-minute chart).

Support 3:                  34.22, (support on 60-minute chart). 

 

 

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