See coins for everyone-NEIRO
【Trend analysis of NEIRO】
K-line pattern: The recent price has formed a relatively obvious resistance level near 0.002000, which has not been effectively broken through. A long upper shadow line appeared on October 15, indicating that the upper selling pressure is heavy.
Technical indicators: MACD: Currently, both DIF and DEA are below the zero axis, and the MACD histogram shows a green column, indicating that there is still a certain amount of short pressure in the short term, but the shortening of the green column may indicate that the short momentum is weakening.
RSI: The RSI value is close to 50, and the market has no clear overbought or oversold signals for the time being, and subsequent changes need to be paid attention to.
EMA: EMA7 (0.00193966) and EMA30 (0.00195827) cross downward, and the price is above EMA7 but close, the short-term trend is bearish; EMA120 is far below the current price, and the long-term trend is still bullish.
Volume: The volume has increased recently, especially on October 16 and 17, indicating an increase in market activity. The increase in volume is accompanied by an increase in price volatility, and we need to be alert to the risk of false breakthroughs.
[Neiro Position Recommendation]
Long order: around 0.00185 (close to the previous low, there may be support)
Long order: around 0.00182 (further down to a stronger support area, increase the safety margin)
Stop loss recommendation: 0.0018 (falling below this level indicates that the support is invalid, and stop loss is required to exit)
Short order: around 0.002 (close to the recent resistance level, there may be selling pressure)
Short order: around 0.00205 (limited space above after the breakthrough, suitable for gradual reduction of positions)
Stop loss recommendation: 0.00208 (if the price continues to rise and breaks through this position, stop loss is required)
