AFTER DROPPING FROM $45 NEO BEARS SHOULD WATCH $34 SUPPORT

After lower lows, NEO bears seem to be finding resistance at $34. Nevertheless, given that obvious bounce from $45, NEO looks likely to consolidate within a $20 range especially if there is a break below $34 today.
Let’s look at the charts:
BEAR PRESSURE IN 4 HR CHART BUT NEM BULLS STILL IN CHARGE
NEMUSD Daily Chart for November 22, 2017If you are trading this pair, you only have to look at the behavior of the stochastics. It is almost mixed and zig zagging indicating how price movement in