NEOBTC potential short idea

NEOBTC has lost support of 20 daily MA making a retest of support very possible. If this fails, NEO will likely retrace to 1.618 level.
Red lines are historic support/resistance levels.

Trade not active.

Komentar:

NEOBTC channel, this level does have a lot of support, so it is our best option for break out so far in my opinion.

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NEO still not showing clear bear signals for me.

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First target eviscerated, should have gone in on this one. Bouncing hard now, I'm going to let the dust settle before making a move here. Trade remains inactive for me.

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careful with shorts, something might be brewing today or tomorrow

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NEOBTC bounced off historic support but I still expect more downside