Neo had a lot of selloff post-airdrop of ONT for all holders, which also caused it to be overbought --> oversold.
Looks like it wants to break this downtrend channel/ (falling wedge? correct if i'm wrong).
Already bounced off previous lows
MACD crossing, MA7 wants to cross MA25, could test MA99 tonight/tomorrow.
RSI continues to rise to higher highs, but not translating to price movement.
Looks like it wants to break this downtrend channel/ (falling wedge? correct if i'm wrong).
Already bounced off previous lows
MACD crossing, MA7 wants to cross MA25, could test MA99 tonight/tomorrow.
RSI continues to rise to higher highs, but not translating to price movement.
Note
Still falling within channel. Extend the lines and wait for a reversal. 0.01015 is recent low.. and it looks within reach.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.