NEOUSD Elliott Wave Analysis | TradingLounge Daily Chart
Neo / U.S. Dollar (NEOUSD) Daily Chart Analysis
NEOUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Double Corrective
Position: Wave Y
Direction Next Higher Degrees: Wave (II) of Impulse
Wave Cancel Invalid Level: 9.85
Details: Wave (II) is likely completed, and prices are resuming the uptrend.
Neo / U.S. Dollar (NEOUSD) Trading Strategy
The wave 2 correction seems to be complete, with the price poised to continue upward. Look for opportunities to join the wave 3 uptrend.
Neo / U.S. Dollar (NEOUSD) Technical Indicators
- The price is below the MA200, indicating a downtrend.
- The Wave Oscillator shows Bearish Momentum.
NEOUSD Elliott Wave Analysis | TradingLounge H4 Chart
Neo / U.S. Dollar (NEOUSD) 4-Hour Chart Analysis
NEOUSD Crypto Pair Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Double Corrective
Position: Wave Y
Direction Next Higher Degrees: Wave (II) of Impulse
Wave Cancel Invalid Level: 9.85
Details: Wave (II) is likely completed, and prices are resuming the uptrend.
Neo / U.S. Dollar (NEOUSD) Trading Strategy
The wave 2 correction appears to be finished, and the price is expected to move up. Seek an opportunity to enter the wave 3 uptrend.
Neo / U.S. Dollar (NEOUSD) Technical Indicators
Technical Analyst: Kittiampon Somboonsod
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