NEO. A reverse turn upwards?

NEO bounced up noticeably from the minimums of the beginning of the month, the rate drew an upside turn on the charts.
On the weekly chart we see a "bullish absorption" - white candle completely covers the previous dark one. However, on the daily chart we see a purchase signal from MAcross holding on for several days.
Of course, on the weekly chart, the long-term trend is still a downward one. However, now it’s questionable.
The next most likely development is the continuation of the climb to $85 and a subsequent return to the current level of about $ 65.
And then we'll see how strong are the buyers.
Profitable deals and follow our reviews!
On the weekly chart we see a "bullish absorption" - white candle completely covers the previous dark one. However, on the daily chart we see a purchase signal from MAcross holding on for several days.
Of course, on the weekly chart, the long-term trend is still a downward one. However, now it’s questionable.
The next most likely development is the continuation of the climb to $85 and a subsequent return to the current level of about $ 65.
And then we'll see how strong are the buyers.
Profitable deals and follow our reviews!
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.