NEO
NEO/USDT: Strategic Entry into a Mature Blockchain PlatformI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
NEO ( BINANCE:NEOUSDT NEO) is a cryptocurrency designed as a smart contract platform and decentralized application ecosystem. It is currently trading at $13.25, with intraday fluctuations reflecting the broader market's volatility.
Trade Setup:
- Entry Price: $13.1793
- Stop-Loss: $5.7390
- Take-Profit Targets:
- TP1: $25.2672
- TP2: $43.2216
Fundamental Analysis:
NEO, often referred to as the "Ethereum of China," is a blockchain platform focusing on digitized assets, smart contracts, and decentralized identities. Recent updates to its N3 blockchain protocol, which introduced more efficient transaction handling and interoperability features, have bolstered its appeal. Additionally, NEO's integration with DeFi platforms and partnerships with Chinese enterprises enhances its real-world utility and adoption.
Technical Analysis:
- Moving Averages:
- 50-Day SMA: $12.80
- 200-Day SMA: $11.50
- Relative Strength Index (RSI): Currently at 62, indicating a slightly bullish momentum.
- Support and Resistance Levels:
- Support: $12.50
- Resistance: $15.00
Market Sentiment:
With the ongoing global adoption of blockchain technology, NEO benefits from its established reputation and early mover advantage. Market sentiment has improved following announcements of increased development activity and integrations into various blockchain applications.
Risk Management:
The stop-loss at $5.7390 ensures controlled risk in case of unfavorable price movements, while the take-profit targets of $25.2672 and $43.2216 offer robust risk-reward opportunities. This setup requires disciplined adherence to trade levels given the market's volatility.
When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.
3 Altcoins Pumping Again Soon!Since you enjoyed my previous post about 3 Altcoins Rejecting the $5 mark!
Here's an interesting one about altcoins in a deep correction phase after an aggressive pump:
BINANCE:NEOUSDT
After a 200% surge, NEO is currently in a correction phase and rejecting the $15 demand zone.
As long as the $15 support holds, a expect a bullish continuation towards the $21 supply and then $25.5 previous major high.
BINANCE:TRXUSD
After a 180% surge, TRX is currently in a correction phase and rejecting the $0.25 mark.
As long as the $0.25 holds, a expect a bullish continuation towards the $0.33 supply and then $0.43 previous major high.
BINANCE:QTUMUSDT
After a 180% surge, QTUM is currently in a correction phase and rejecting the $3.5 demand zone.
As long as the $3.5 holds, a expect a bullish continuation towards the $4.8 supply and then $5.7 previous major high.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
NEOUSDT Long Setup Setting / Spot TradeBINANCE:NEOUSDT
CRYPTO:NEOUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
18
20
23.5
25 (Optimistic)
🔴SL:
12.88
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Detailed Overview of NEOBTC: Price Action Explained - NEO◳◱ On the $NEO/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.0001767 | 0.0001857 | 0.0002107 and support near 0.0001517 | 0.0001357 | 0.0001107. Entering trades at 0.0001727 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: NEO
▣ Rank: 114
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: NEO aims to build a comprehensive "smart economy" by incorporating digital assets, digital identities, and smart contracts.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0001727 ₿
▣ 24HVol: 22.703 ₿
▣ 24H Chng: 5.305%
▣ 7-Days Chng: 8.98%
▣ 1-Month Chng: 78.20%
▣ 3-Months Chng: 71.44%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0001767 | 0.0001857 | 0.0002107
◢ Support: 0.0001517 | 0.0001357 | 0.0001107
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 6.91
▣ Last 90D: 3.26
▣ Last 1-Y: 0.75
▣ Last 3-Y: 0.11
◲◰ Volatility :
▣ Last 30D: 0.95
▣ Last 90D: 0.74
▣ Last 1-Y: 0.94
▣ Last 3-Y: 0.92
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth NEOBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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CRYPTO OWNERSHIP LEGAL IN CHINA = $NEO BULLISHA judge in a Singaporean court has ruled cryptocurrency ownership is now legal in China. What does this mean?
NEO is China's top cryptocurrency, also referred to as "Chinese Ethereum" with large stimulus recently been given to Chinese, and the fact the Crypto is now legal is China, we are about to see NEO wake up. I'm predicting an early classic cup and handle set up will come, and who knows where NEO will rise to.. $100? $250? $500? Who knows, but with China now legalizing crypto NASDAQ:NEO is about to go up to a whole different level, and I'm prepared... Are you?
Alikze »» GAS | Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1W
After a climb up to the $30 range, the BINANCE:GASUSDT currency has faced a zigzag correction in the daily time frame, which has faced demand again in the $2.50 range.
- It is currently moving in an ascending channel with higher floors and ceilings.
💎 According to the current momentum, which is currently at the top of the short-term ascending channel.
- In case of selling pressure at the ceiling of the channel, it can face demand again in the middle of the channel or the green box area and an upward trend up to the ceiling of the second channel in the range of 8 to 10 dollars. go through
⚠️ In addition, if the golden box is broken, the bullish scenario will be invalidated and should be reviewed and updated again. ⚠️
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GASGAS is a token created on the NEO blockchain platform with the primary purpose of being fees for processing transactions on the NEO network. With the recent rise in altcoins, GAS's price increased by almost 400% and broke the major downtrend line. It seems GAS is on the role and we might see future development too. Let's see what happens.
Is AI the New Muse for the Digital Renaissance?In a groundbreaking showcase at Adobe MAX 2024, the creative software giant unveiled its latest innovation: Adobe Firefly AI. This cutting-edge technology promises to revolutionize content creation across various media, from video production to 3D art. The star of the show, Firefly AI Video, demonstrates the potential to generate and manipulate video content with unprecedented ease and accuracy, potentially reshaping the entire landscape of digital creativity.
Adobe's commitment to ethical AI use and copyright protection sets a new standard in the industry, addressing concerns about the responsible implementation of AI in creative fields. By positioning Firefly AI as safe for commercial use, Adobe is paving the way for the widespread adoption of AI-powered tools in professional settings. This approach not only drives innovation but also ensures that creators can embrace new technologies without compromising their integrity or legal standing.
The market's positive response to Adobe's AI push, reflected in a 2.9% stock surge, underscores the transformative potential of these technologies. As Adobe integrates Firefly AI across its Creative Cloud suite and introduces new tools like Neo for 3D art creation, the company is democratizing access to advanced creative capabilities. This shift challenges creators to reimagine their processes and pushes the boundaries of what's possible in digital content creation.
NEO → movement in the coming days !!!If we use the pitchfork for NEO chart we can see that the price couldn't break the middle line of the pitchfork , so this means that the price would reach the bottom of the pitchfork and than start It's uptrend movement .
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
NEO Analysis - What Shall we Expect !!!BINANCE:NEOUSDT
As you can see, the price is in a Megaphone. If the price can break this megaphone, we can hope that the price will act like a Crab pattern and the price will grow well.
❤️Stay awesome my friends.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Neo long setup / Bulls or Bears, Tell me in CommentsBINANCE:NEOUSDT By CrazyS
COINBASE:NEONUSD
Hello Traders
💥Long position on NEO
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
9.60
9.72
9.83
9.95
10.10
🔴SL:
9.03 - 8.93
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
NEO/USDT: Prime Buying Opportunity Amid Bullish Reversal SignalThe NEO/USDT pair is currently trading at 4.153, showing signs of a potential upward reversal after a recent downward correction. This retracement has brought the price to a critical support level, which is being closely watched by traders. The Relative Strength Index (RSI) has recently dipped into oversold territory, indicating that the selling pressure may be waning and a reversal could be imminent. Additionally, the Moving Average Convergence Divergence (MACD) is beginning to show a bullish crossover, which historically signals a shift in momentum from bearish to bullish.
Moreover, the price action suggests that NEO has formed a bullish divergence, where the price is making lower lows while the RSI is making higher lows. This divergence is often a precursor to a strong upward move. The 50-day moving average is also flattening out, suggesting that the recent downtrend may be losing steam and that a base is being formed.
Considering these technical indicators, the current level offers a strong buying opportunity for investors looking to capitalize on the potential medium-term upside. The combination of oversold conditions, bullish divergence, and a potential MACD crossover suggests that NEO could see significant gains from this point. With the price at 4.153, a well-timed entry could allow for substantial profits as the market reverses and begins to move higher. Therefore, this pullback should be viewed as a prime opportunity to buy, with the expectation of a strong rally in the coming weeks.
NEO (Crypto) BUY TF H4 TP = 11.260 Good luck!On the H4 chart the trend started on Aug. 06 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 11.260
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
ETHEREUM 4800$ UNLOCKED. + 5036$ + 7000 +NovemberAs we said yesterday, we are moving forward knowing 100% correctly.
We have achieved 100% in predicting the future.
We achieved high profits with almost 0 losses.
We will see the records on all exchanges, not just Crypto.
Even below we will see the record. It's almost November.
We expect a big fake fall and a quick rally in November.
Our Expected Dates are on the List.
4h| 8h| 12h| 1d|3d|5d|6d|1w|3w|1m|3m|
Rally in Bitcoin is coming.
27.10.2021
08.11.2021
21.11.2021
28.11.2021
01.12.2021
07.12.2021
14.12.2021
21.12.2021
27.12.2021
08.01.2022
Do not forget to set Tp and Stop-loss. You'll understand when the rally comes. The media will write well. Governments will support. Banks will increase their expectations.
It is not investment advice.
Gradual entry and exit is recommended.
NEO: Potential Breakout from Falling Wedge?Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
NEO looks good in daily time frame. It is forming a falling wedge like structure and trying to breaks out from it. It also holds a support (Green box) very well so far. After a confirmed daily candle close expecting a good 70-80% move to the upside from here.
Entry range:- $10-$11
Targets:- $12.3/$14.4/$16.8/$19.5
SL:- $8.30
What are your thoughts on NEO's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
NEOUSDT is up for a 300% jumpAre you one of those long-term investors? Then the NEO coin might be just for you. By the looking at the weekly chart we can observe a breakout of the long term supply zone, indicating a shift in trend. Following the breakout, price has corrected heavily, and found the support at 88.6% Fibonacci retracement level. So as can e seen, this Fib level is also a great demand zone for long term investors.
Therefore, we expect a 300% rally in the coming months. It will not be an easy and fast ride, but a bumpy one. Nonetheless, the great RR buying opportunity is open for those who see the massive potential for NEOUSDT.
#NEOUSDT Technical Analysis in Weekly Timeframe.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
NEO has been in a long-term bearish trend constrained by a descending resistance line, with a strong support zone identified between $5 and $8.6.
Historical price movements show significant volatility, with notable peaks in 2018 and 2021.
The recent price drop indicates a possible correction phase, but the analysis suggests a bullish outlook for the future, with a potential target of around $80 if the price can break past the $21 to $24 resistance levels.
The moving average serves as an additional indicator for trend analysis, supporting the potential for a future upward move.
Key Observations:
~ Support/Entry: $5 to $8.6.
~ Resistance/Initial Target: $21 to $24.
~ Long-term Target: $80.
~ Invalidation Point: A breakdown below the support line.
DYOR, NFA.
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