12May
NEOUSD Elliott Wave Technical Analysis May 12 2023
NEOUSD Elliott Wave Technical Analysis May 12 2023
4Hour
NEO/U.S.dollar(NEOUSD)
NEOUSD Elliott Wave Technical Analysis
Function: Reactionary(Counter Trend)
Mode: Corrective
Structure: Double Corrective
Position: Wave ((Y))
Direction Next higher Degrees: Wave II of Motive
Details: Wave reversal II has a probability of .786 x length Wave I
Wave Cancel invalid Level: 5.96
NEO/U.S.dollar(NEOUSD)Trading Strategy: There is still a risk of a correction of wave (2), which corresponds to prices below the MA200 line indicating a downtrend. before rising again Wait for the correction to complete.
NEO/U.S.dollar(NEOUSD)Technical Indicators: The price is below the MA200 indicating a downtrend MACD and RSI are Bearish momentum
Daily
NEO/U.S.dollar(NEOUSD)
NEOUSD Elliott Wave Technical Analysis
Function: Reactionary(Counter Trend)
Mode: Corrective
Structure: Double Corrective
Position: Wave ((Y))
Direction Next higher Degrees: Wave II of Motive
Details: Wave reversal II has a probability of .786 x length Wave I
Wave Cancel invalid Level: 5.96
NEO/U.S.dollar(NEOUSD)Trading Strategy: There is still a risk of a correction of wave (2), which corresponds to prices below the MA200 line indicating a downtrend. before rising again Wait for the correction to complete.
NEO/U.S.dollar(NEOUSD)Technical Indicators: The price is below the MA200 indicating a downtrend MACD and RSI are Bearish momentum
About the Author
Related
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - The Bitcoin price recovery is still doing well...
Read More >
Overview: Wave four correction down around 28,000. Bitcoin Elliott Wave: Wave(4) completed if the 35...
Read More >
This article provides an ADAUSD prediction for Cardano, using Elliott Wave analysis and technical an...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Bitcoin price continues to be heavily pressure...
Read More >
NEOUSD Elliott Wave Analysis: Short-term pullback expected Technical analyst Kittiampon Somboonsod h...
Read More >
The crypto industry faces a significant challenge in finding banking partners to facilitate money tr...
Read More >
You need to login in order to comment