NEO-BTC
Day trade - NEO showing Long trend zoneHello trading friends,
This is a day chart update for NEOUSDT.
Depending on the last trends NEO looks into the green trend since the known main breakdown trend of all coins.
The question is can we see NEO hitting back to the 20 USD trend?
Its important that NEO will stay above the 17 USD +, so we can hit the next target 20 USD +
This update made for the reason that the trend is green, about the target we should stay above 17 usd.
we will see coming time how the market will handle.
#Neo has an interesting trend.
Have a great day.
NEO SHOWING INTERESTING TRENDS FOR LONG TRENDHello trading friends,
This is an update for NEO.
Depending on the last trend study NEO shows an interesting trend for a possible 26 USD - also when there is a green cycle trend for BTC depending on the ETN tool.
We can expect a breakout from NEO if the trend gain new level of 25+
Manage your risk always well
This is not a trading call, study you trends always before entering any trade
Have a great day
KEY Level For NEOUSD to break for some nice upside!Neo making a nice flag on the 4hr and while a nice DCA strategy could yield a nice buy point for NEO patience at resistance is always a good things.
Too many people want to FOMO into positions are key resistance levels, when waiting for a confirmed break above before entering could save you dollars or sats.
Break $45 and hold confidently for NEO and we've got clean air above.
This is the one... NEO forming a large scale bottoming pattern.NEO seems to be forming a big bottoming pattern and is currently re-testing previous accumilation ranges. I'd say this is another nobrainer place to invest longer term. The charts look good for more upside long term. No need to instantly fomo, this bottom probably has to develop and can take a month or two before it starts taking off. So scaling in over time near the lower ends of the accumilation range is probably the play.
Wait for the good entry -trade idea- Analysis: If we look at the chart of NEO its obvious that the 50DEMA act as a base (support) for the bullish trend on the daily chart. Right now the current price of NEO is trading above 25$/coin from the average. Right now the best decision that you can made is to wait until the price go down to meet with the average in order to place a low risk long position from near the 75$ level. If the 50DEMA average is going to support the bullish trend the next potential top could be the 300$ level until the next correction or maybe it will be the top of the current bull run. Bitcoin is still hesitating to make another ATH so it will be a chance for NEO as well to test the average as well.
Trade: Buy - wait until market goes down to the 75$ level at least.
Entry: 72-75$
1st target: 150$
2nd target: 290$
S/L: 62$
Consider to join our community to get more of this kind for Free.
community.protradersnetwork.com
#forextrader #forex #forextrading #forexsignals #forexlifestyle #trading #money #cryptocurrency #trader #bitcoin #forexmarket #forexlife #technicalanalysis #stockmarket #forexanalysis #forexmentor #daytrading #forexgroup
NEO / BTC SETUPNEO is currently testing resistance at the 200 SMA and forming a bullish ascending triangle. Breaking above the 200SMA has preceded huge gains in the past.
If BTC pumps, it will invalidate this idea. If it ranges, keep an eye on this and buy the breakout / retest!! Targets are marked at fib/support levels
neousdshort time trading:
this is a contracting triangle pattern.
we are now in wave (e). the last wave, appears to be of the running flat type.
in this case, after completing the E wave and breaking the $ 22 resistance, the price will start its main move towards the $ 80_90 target (until January 2021).
SL = 10 $
target = $ 80 - 90
good luck