NEOUSDT Scenario

By mk6dunc
NEO has confirmed a downtrend after breaking through the 200 EMA support. It is still channeling in a descending wedge and will likely trail BTC.

NEO is looking for support between $50 - $53

RSI is almost bottomed but will likely stay below 50.
BTCChart PatternsCryptocurrencyTechnical IndicatorsNEONEOUSDTTrend Analysis

Disclaimer