Copy link
Increase text size
Decrease text size
Link copied

Crypto Technicals: NEO/USD pauses upside at daily cloud, bias bullish

Wed, 15 May 2019, 12:14 pm UTC

NEO/USD chart - Trading View

Exchange - Binance

Support: 10.65 (50-DMA); Resistance: 11.43 (cloud top)

Technical Analysis: Bias Bullish

NEO/USD has paused upside at daily cloud top, bias remains bullish

The pair has edged lower from session highs at 11.48 and was trading at 11.08 at 11:45 GMT

A spinning top formation seen on daily charts suggest some consolidation

Price action is holding support at 50-DMA at 10.65 and weakness liekly on break below

Bias remains bullish Stochs and RSI are sharply higher and volatility is rising

Breakout above daily cloud to see further gains, next bull target is 12.18 (Upper BB on weekly charts)

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $9,781.59 (+1.31%)
  • Ethereum (ETH) $243.97 (+0.20%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $259.64 (+1.29%)
  • Bitcoin SV (BSV) $197.63 (+0.30%)
  • Bitcoin (BTC) $9,781.59 (+1.31%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft