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NEO

Catching the BOTTOM for altcoins? NO!If you are trying to catch the bottom for a top movers from 2021 bull market and you´re dollar cost averaging all the way down, it may be not as good idea as it seems to be. Catching the absolute bottom is very hard and not many persons can do it. Most likely you will have to wait many months until you will be at the break even or you will make profit. Altcoins after dropping 90 % from the all time high can still drop another 90 %! In this analysis, we are going to have a look at BITCOIN CASH and NEO that were top movers in 2017 bull market and Solana which was a top gainer in 2021 bull market. Bitcoin cash: - If investors were trying to catch the bottom when BCH dropped 77 % from its ATH, they were down 92 % when BCH found its real bottom. - It took 48 months until investors were at the break even - The price never reached ATH from 2017 again. As we can see, NEO which was another top mover in 2017 didn´t reach its previous ath in 2021 bull market: More examples? XRP, XLM, DASH, IOTA SOLANA (just an example. We have nothing against the project or its team): Do you think that Solana will be different? Maybe? Ok. It did very well in 2021 and most likely, it won´t do super good in the next bull market in 2023 or 2024! Why? Because there will be many new coins with a new hype and without bag holders. Conclusion: - Dollar cost average into Bitcoin instead of your favourite altcoins. If you want to DCA into altcoins, don´t throw all your money in as your favourite altcoins can drop always another 90 % and nobody knows how much they will recover! - Waiting for new coins without bag holders may be not bad idea - Bitcoins is a safe bet! - Altcoins = high risk Feel free to share your opinion in the comment section!
BITFINEX:NEOUSDEducation
by vf_investment
10
EW Analysis: NEOUSD Can See A Deeper Corrective DeclineHello traders! Today we will talk about cryptocurrencies, specifically NEO and its price action from Elliott Wave perspective. NEOUSD made an impulsive five-wave cycle from March lows, which suggests a bullish reversal at least in three waves A/1 - B/2 - C/3. Since the beginning of June, seems like NEO is making a three-wave a-b-c correction, where wave "c" is still missing. So, don't be surprised if we see another decline towards projected 8.0 - 6.0 support zone around important 61,8% - 78,6% Fibonacci retracement and this is where a higher degree wave B/2 correction may come to an end, which can be followed by strong and impulsive bounce back to highs for wave C/3. In case if we see something deeper and more complex, invalidation level remains at 4.0! Be humble and trade smart! If you like what we do, then please like and share! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
BINANCE:NEOUSDEducation
by ew-forecast
The importance of name branding and logo in cryptocurrencyName and logo are important in evaluating the possible value of a cryptocurrency, for example, during the dot com bubble, Boo.com, 3com, lastminute.com all experienced large gains within the first months of IPO release but prices steadily declined to zilch. This is most likely due to fundamentals however name and logo both play into this also. Attracting investors based on appearance and branding, establishing a memorable impression with these factors is vital for the survival of a company. Not much has changed with cryptocurrency the spread of Name and logo is pretty clear, for example (my personal opinion) Waves, Seele, Ravencoin, all provide less than notable impressions, while Augur, Ethereum, NEO and Cardano give quality first impressions (again my opinion). The stellar rise of these coins and similar coins may be seen once maturity of the market is observed, again fundamentals plays a big part but branding also is notable. Leave some feedback and your own thoughts!
KRAKEN:ETHUSDEducation
by Bixley
4
#NEOBTC LONG - TP 1464If you're confused with this chart, there are bounds on the x and y axis that bound the trade which ideally leave the trader insusceptible to emotional responses. Ideally. The top dotted blue line represents the TP @1464 sats and the vertical purple dotted line is the time stop which, when reached, invalidates the trading idea and the trader closes the trade manually. As you can see, after the time stop was reached, the trade started moving in the pre-determined direction. -How should this leave you feeling? -Would you ignore your trading rules next time? Likely, you would. The desire to make money is greater than following the trading plan for most. After hitting my head against the wall for so long with this concept, I made trading about discipline and patience. An exercise. Similar to a workout. It's really no different. So, tap yourself in the back for following the trading plan next time. That's the only way to reach true wealth correctly. Follow the (your) plan.
Education
by Be_Independent_Tribe
Neo, High Risk Reward Ratio Trade as China embraces BlockchainChina market makers and syndicates are very well known for their scheme and operations. I am not surprised that these whales have their intentions well solidified and they are just waiting for the good enough catalyst for their massive operations. Rule 1: Fundamental doesn't matter (in the sense that it doesn't matter if Neo will never beat Ethereum in adoption, they have strong backings and that is what matters) Rule 2: Whales are very greedy and wants to maximize their profit. Rule 3: China is full of whales and syndicates and they are very elaborate in their operations, for proofs, Malaysian stocks market are mostly operated by Chinese and you can study Malaysians stock market penny stocks pump and dump history. Rule 4: In order to maximize profit, whales and smart money must inflict the most pain to the retail users. Having a shill youtuber rage quit crypto just few days before Bitcoin spike was a prime example of how whales manipulate and play with people psychology. Anyways, good riddance of that guy. 2017 was a lucky year for everyone, 2018 and 2019 was a testing year. How far can Neo goes? I don't know, I don't have the secrets. However, my algorithm can "smell" something is cooking here. Is this the best risk reward trade? Maybe. If it can do 10-20x, then, even a small risk taken can still result in massive profits. Can Neo break All time high? Depends on the overall market. Market is very dynamics and so one strategy needs to adapt and follow the market. There is never a trade that works. Whales can simply drop a coin 90% in order to tell people that they means serious business. Looks at all those chinese coins in Huobi. Dropping 90% deosn't mean it is dead, it just means that Whales want to accumulate more and they can only do that by lowering the price enough that retails will simply sell and rage quit. This game is not for the fainted hearts. And that's why most traders will lose money. Because they stick to their old school traditional technical analysis thinking that they can beat the whales and smart money by doing that. If you can't play this game, go find high paying jobs, this game is not for everyone. I don't have time to respond to anyone or anybody either. This account remain a troll account. Regards.
Education
by UnknownUnicorn735418
ICX Compared to NEO (Antshares) "In the Beginning..."Everyone upset about price drop in ICX clearly didn't watch volume. NEO price went down with its declining volume when first added to exchange. The price then picked up POST-volume Increase. ICX, when added to Binance, shot through the roof, EVEN THOUGH volume dropped off a cliff. The coin is a winner, but that was no reason it could not be artificially pumped (and at a horrible time, as of which you are all well aware now. Brighter days ahead, to those who meme "hodled" so far.
Education
by AtomAnt
4
How I Identify A Good Project, tags: ADA BTC ETH LTC NEO XRP EOSMy method and key metrics I check before entering a trade or even getting too technical with the chart. You know: Why would we set ourselves up for failure? I thought I'd share this with my friends, and why not make it public too. General coin info. Does the project have a whitepaper and exposed team? Is the developer still involved? Is the team socially active? What is the general sentiment? Is it trading technically? General coin information: where is it trading , is it at an all time high, is the website quality, do they have twitter/facebook/reddit, what are similar projects it has to compete against. My preference for this is CoinCheckup and CoinGecko , they also tackle some of my other requirements listed above. Why should we do this? I think it is obvious but, can I get it on my exchange, does it look like work went into the project and the team cares, finally long term who could beat them out- would I pit Orlycoin against LTC- no. Does the project have a whitepaper and exposed team? similar to above but important enough to call it out. This can be found on each projects website. Check if it is there, read it if you want. In my opinion, if the team is there and a whitepaper exists, the price will reflect their strength. Is the developer still involved? Evaluating GitHUB code repository. Let's use two examples here, ETH to start . Developer tab CoinGecko , GitHUB Commits , GitHUB activity CoinCheckup . And on the opposite end of the spectrum, SALT lending platform. Gecko and Checkup . Now don't take I am knocking SALT, we would want to check their roadmap to see where they are in their plan, but eventually we want to see developer activity. And for those that have code, we would like to see maintenance and continual development. CryptoMiso is a cool tool to compare activity side by side. Is the team socially active? Communication is key! Find the twitter page using project site or an index like coinmarket cap. Maybe it's reddit, email or facebook. Are their communications valuable, or are they posting pumps and pictures of pizza parties... Study Gecko's community page, everything is here. Socialblade is a decent alternative, extra work though. Bonus tool, CoinMarketCal - a calendar of events peer reviewed for accuracy. What is the general sentiment? Sentiment gives a good idea of the market direction current and future. It is how people feel about a project, or per our tool, how computers think people feel. This isn't so much necessary. I guess - be prepared. Here's two. Socialmention and SnetimentVIZ for twitter and mentions. Google TalkWalker if you want a more advanced platform. Some say news drives price, others argue price brings news to the surface, I say both and corporate manipulation. Is it trading technically? Lastly, how are the charts holding up? When do I get in? I'll be brief here, algorithms. Let me expand a bit. Elliott wave, Fibonacci and probabilities. I want to know why the price stopped and pivoted there, and where will it go?..........
COINBASE:BTCUSDEducation
by rnm410
4
NEO - BTC 120This chart shows my main way of identifying rends and signals. I usually use SAR, MA cross, MACD, RSI, Stoch RSI. On this chart it is SAR, with MACD and Stoch RSI below. I have highlighted buy and sell signals that I look out for, I make sure that the data on all indicators are in agreement and make the trade. This technique isn't to be used during a sideways market, that's where other indicators come into play and interval tweaking is required to anticipate the next breakout.
Education
by BJiRONSiDE