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Crypto Technicals: NEO/USD bounces off 110-EMA, retraces above cloud, scope for test of 13.85
NEO/USD chart - Trading View
Exchange - Binance
Support: 10.36 (110-EMA); Resistance: 13.85 (trendline)
Technical Analysis: Bias Bullish
NEO/USD has held support at 1H 200-SMA, break below eyes 21-EMA at 10.81.
The pair has bounced off 110-EMA support, price action has retraced above daily cloud.
Technical analysis support upside, RSI is above 50 and Stochs are biased higher.
GMMA, CCI and DMI show further upside in the pair. Gains till 13.85 likely.
Break below 110-EMA will see weakness till 200-DMA. Bullish invalidation below 200-DMA.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.