NEO
Short

NEOUSD: 1D Falling Wedge approaching the support. Short.

2 365
NEOUSD has been flat for the past 5 sessions on 4H (RSI = 51.700, Highs/Lows = 0.0000, ADX = 18.006) as the 1D Falling Wedge (MACD = 0.300, B/BP = -0.1313) is consolidating before making another low (possibly at 14.500. We are still expecting a break-out and a test of the 13.55 1W Support. Our long term TP is intact at 8.78.

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