• Sun, 08 Dec 2019, 06:05 AM
  • All times are UTC
  • Edition:
Copy link
Increase text size
Decrease text size
Link copied

Crypto Technicals: NEO/USD consolidates around 200-DMA, bias bullish

Tue, 12 Nov 2019, 09:15 am UTC

NEO/USD chart - Trading View

Exchange - Bitfinex

Support: 11.03 (200-DMA); Resistance: 12.09 (38.2% Fib)

Technical Analysis: Bias slightly bullish

NEO/USD has been consolidating around 200-DMA since end October trade, bias is bullish.

The pair was trading 0.83% higher at 11.26 at 09:10 GMT after closing 0.99% higher in the previous session.

Price action is holding break above 21W EMA and 'Bullish divergence' on the daily charts keeps scope for upside.

GMMA indicator shows shift in minor and major trend to bullish. Both short and long term MAs are biased higher.

Stochs and RSI are now biased higher and MACD is also well in the positive territory, thus supporting upside.

On the upside, major resistances align at 12.09 (38.2% Fib), 13.77 (50% Fib) and 15.66 (55W EMA).

Failure at 200-DMA will see weakness. Major supports align at 10.30 (21W EMA), 10.02 (23.6% Fib) and 9.76 (110-EMA).

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $7,502.00 (-0.88%)
  • Ethereum (ETH) $148.80 (-0.54%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $211.83 (-1.46%)
  • Litecoin (LTC) $45.77 (-0.46%)
  • Bitcoin (BTC) $7,502.00 (-0.88%)
Dec 6, 2019 (Friday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Crypto Technicals: LTC/USD extends sideways, finds strong support at 42.45 (Trendline)
South Korean consortium to provide blockchain-based ID services via mobile app in 2020
Crypto Technicals: BCH/USD intraday bias turns slightly bullish, scope for test of 20-DMA (220.99)
Bitfury launches enterprise blockchain platform ‘Exonum Enterprise’
CULedger reveals an EFT payment solution for credit unions in collaboration with R3, Luxoft
Reserve Bank of India governor against the development of private digital currencies
Ripple asks court to dismiss XRP securities lawsuit in latest filing ahead of court meeting
Crypto Technicals: ETH/USD struggles to extend recovery, finds stiff resistance at 200H MA at 149.77
Blockchain firm Figure Technologies hits $1.2B valuation after closing $103M Series C round
Blockchain firm ChromaWay acquires Antler Interactive after setting up its gaming arm Chroma Studios
Galaxy Digital-backed Flipside Crypto hires Accenture Managing Director Matt Bridges as COO
Crypto Technicals: BTC/USD rangebound in the Asian session, struggles at 200H MA
Canadian mining firm goes belly up; Owes local, federal government hundreds of thousands
New crypto derivatives trading platform Phemex can manage 300,000 TPS, says core developer
Microsoft creates blockchain-based incentive scheme with Enjin to recognize active members of Azure community
Dec 5, 2019 (Thursday)
Dunamu’s crypto subsidiary DXM partners with Ledger to launch custody service for institutional clients
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.