NEO Analysis (1hr)
The market failed because of the news that China "potentially" will regulate the ICO.
At the moment, I see that the RSI is near the oversold zone, as is the bullish divergence.
On the chart, you can see the falling wedge pattern (reversal).
Also there is a strong support at 29-30.
The levels for buying can be about 33 and 35 if there is a good volume.
Good luck!
At the moment, I see that the RSI is near the oversold zone, as is the bullish divergence.
On the chart, you can see the falling wedge pattern (reversal).
Also there is a strong support at 29-30.
The levels for buying can be about 33 and 35 if there is a good volume.
Good luck!
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