Skyrex

NEOSBTC Rebound from 0.786 Fib

BITTREX:NEOSBTC   None
The price is still in the descending channel. We expect a new bounce from the 0.786 Fib support level right to the major resistance level of 0.5Fib around 0.000812. If the price overcomes the resistance then our signal is still in power otherwise sell NEOS at the breakeven point between 0.000730-770.
Stoch RSI indicates oversold zone however various oscillators and moving averages tell to sell the coin.

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