NEO looks to completing a Cup & Handle Formation! Looks Bullish! - Massive Cup & Handle looks to have formed, right now, Handle is forming. If Handle continues as should, expect a breakout of upwards price movement, possibly to ATHs. - Mini Ascending Triangle has formed on the Handle of the Cup, a very bullish sign and indicator of further breakout upwards to...
NEO has been following the trend line nicely on the daily. Now it looks like we're coming down to test the trend line again, why? Bearish candles, all of the indicators pointing down, it's a good sign we will go down a bit more. I'd say wait for about 3 days, don't just buy when we touch the trend line but rather wait til we get a bullish confirmation candle....
First time TA, not sure what to make of it. Chinese new year soon and market cap increasing.
NEO run has grown tired. RSI divergence, negative momentum, incoming ema cross over, lack of strong support point to this is the time to sell. Big sell volume will come in once EMAs have crossed over, followed by panic sells. I will look to enter at 2 buy zones. What do you think?
What an amazing run for NEO the past month! Congratulations to anyone that made some amazing gains (~600% gain from 12/8 low to the high of 1.3 m satoshi today) HODLING. Although, it seems as though this bull run could retrace back down to the next major resistance turned support at around 864k satoshi, as NEO has hit a double top at the 1.3 m satoshi level. ...
Note, short assuming recent boost up has finished, and the market follows the previous cycle. If so, we should now see a pullback down followed by a period of consolidation, and I would expect a longer term buy-in opportunity to be around the following marked on the sketch, based upon fib ratios. As Neo has been strong recently and is seen as a good coin, I have...
Bitfinex, 30 min candles 1. Sharp move: 34% drop followed by an 18% rise in just a few hours 2. Flagpole: continuous 53 point height 3. Flag: sloping against the previous trend 4. Duration: crypto is quite different from regular markets, so the trend is expected to continue for the next 11 hours 5. Break: already broke the 0.00640 resistance and testing...
$NEO can move up from the current level OR can go further down to 0.5 or 0.618 Fib levels. This is only for my practice purposes, I am not giving buy or sell advise.
Technicals (chart pattern): Instead of breaking the resistance, price seems to be forming a double top pattern. Only if we get confirmation and full formation of the pattern ( the 4th leg of the letter 'M' touching the lower red line) we could go through a new downtrend back to former support levels (in this situation, we would have to take volume into...
Price might be forming a double top pattern. If the pattern is consolidated (lower red line) this could be the start of a downtrend. Although, a small support was found amid the formation of the final leg of the pattern, so if that support can hold, the pattern might not be formed and the downtrend situation wouldn't be valid. Just reminding you that a double top...
Neo has always been in my bag since 15 dollars. This is one of the few coins that hasn't been pumped recently, I expect a good price jump soon enough. The MAs crossing on daily, bullish macd, bullish rsi, and broke downtrend.
$NEO As we've charted this one before, I'll update it now. First target was around 550K sats, which we reached pretty soon. Second target was 600K and we've touched that one already once. Bollinger bands are squeezing and $NEO wants to keep the green box as support right now. In that case we'll be testing the 600K resistance pretty soon, expecting not to break it...
NEO has had its run again and is a perfect time to get out once again. If you are trading to gain bitcoin value then this trade is for you. short your NEO holdings now and re-enter again at structure. Even though NEO Dollar will make you profits in the long run, it will kill your initial bitcoin holdings, thus using NEO as a bitcoin multiplier works...
NEO has seen a major move upwards the last few days. As a longterm holder since antshares, I'm very happy to see NEO finally waking up again. But I'm not yet 100% positive about NEO when looking at the charts. It is still trading within the channel and should break through the upper yellow trendline for a real continuation of the upwards move. I think on the...