Crypto Technicals: NEO/USD holds 200-DMA support, weakness only on break below

NEO/USD chart - Trading View 

Exchange - Bifinex

Support: 10.34 (200-DMA); Resistance: 11.80 (Trendline)

Technical Analysis: Bias Slightly bullish

- NEO/USD has held support at 200-DMA, trades 2.84% higher at 10.95 at 1015 GMT
-Downside pauses at strong support at 10.35 (nearly converged 200-DMA, 55-EMA, 110-EMA)
- Weakness only on decisive break below 200-DMA, scope then for dip till 9.65 (trendline support) 
- RSI downswings fades at 46 levels, Stochs are at oversold and on verge of rollover into neutral zone
- Upside finds stiff resistance at 21-EMA, break above targets trendline resistance 11.80 
- Potential 'Golden Cross' formation on daily charts keeps scope for upside.  

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