NEO: Update 03 Jun 2018

in #neo6 years ago

Hi Steemit Friend,


NEO 4H.png


After a major decline, NEO price formed a decent support above 6700 satoshi against the Bitcoin, The pair is currently trading around 7400 satoshi and it is facing resistance area at 7500-7600 satoshi. RSI is entering Overbought Level indicating the pair may correct a few points in the near term.


NEO 1D.png


Daily chart is showing NEO is gaining upside momentum after low was formed at 6700 satoshi also formed completion of Bullish Divergence. RSI is still in the middle level so there are chances of more gain in near term.

Let’s See...


Disclaimer: This is not financial advice. I’m just giving idea, all trades it's completely in your responsibility. Make sure you use trading management properly to avoid losses.