NEO/USD Daily Chart

  • NEO/USD went down from $12.47 to $11.60 this Thursday.
  • The daily chart is forming a potential reverse head and shoulders pattern. It looks like the price is going to fall down in the short term to form the second shoulder.
  • Bulls need to protect the support at $11 to prevent further downtrend.

NEO/USD 4-hour Chart

  • The 4-hour NEO/USD chart is trending below the SMA 50 and SMA 20 curves.
  • The SMA 50 has crossed over with the SMA 20 curve which is a bearish sign.
  • The Ichimoku indicator shows that the near-future market sentiment is bearish.
  • The Elliot Wave Oscillator shows that market sentiment is currently bearish as well.

NEO/USD Hourly Chart

  • The last four sessions were so bearish that it brought the market below the lower curve of the 20-day Bollinger band.
  • The widening of the Bollinger band shows increasing market volatility.
  • The SMA 200 curve has crossed over with the SMA 50 curve, charting the “death cross” which is a significant bearish sigh.
  • The last seven sessions of the moving average convergence divergence (MACD) curve shows that the bearish momentum is increasing steadily.

Key Levels

NEO/USD

Overview

Today last price11.831

Today Daily Change-0.60400

Today Daily Change %-4.86

Today daily open12.435

Trends

Daily SMA2010.9754

Daily SMA509.88437

Daily SMA1008.87741

Daily SMA20010.9144

Levels

Previous Daily High12.908

Previous Daily Low12.202

Previous Weekly High14.05736

Previous Weekly Low9.7628

Previous Monthly High17.612

Previous Monthly Low6.75

Daily Fibonacci 38.2%12.63831

Daily Fibonacci 61.8%12.47169

Daily Pivot Point S112.122

Daily Pivot Point S211.809

Daily Pivot Point S311.416

Daily Pivot Point R112.828

Daily Pivot Point R213.221

Daily Pivot Point R313.534

 


 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Sellers come in ahead of 10,500

BTC/USD sells of late in the session as we draw to a close on an eventful day in the financial markets. We were expecting Fed Chair Jerome Powell to be the main event of the session but China announced plans to add tariffs to US imports. Then Powell once again stood firm against Trumps pressure to loosen monetary policy and the US President lost it on twitter. 

More Bitcoin News

XRP pushes to session highs but a key level is in sight

XRP/USD pushes to session highs. Key resistance level is in sight. 0.300 still seems the like the long term target for bulls.

More Ripple News

BCH/USD: 300 is well supported once again

Bitcoin Cash has rejected downside moves yet again. Key trendline apex needs testing soon. 360 is still the level to breach for upside momentum.

More Bitcoin Cash News

NEO announces new partnership with gumi Cryptos bringing blockchain to Japan

NEO Foundation has announced a new partnership with gum Cryptos. The two organisations will be working on bringing blockchain technology to Japan. 

More Neo News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Safe-haven or a high-yield asset? Bitcoin qualifies for both

The cryptocurrency market has been a mixed picture this week. Bitcoin attempted to settle above $12,000 practically every single day of the week...

Read the weekly forecast

BTC

ETH

XRP