NEO 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
$NEOUSDT at resistance , lets see if it is breaking out $NEO $BTC Note: please do not ask me for when is the right time to buy or sell .
short 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
once dxy loses its fascination with the possible 2nd stimulus in the US, as the rest of the crypto market, neo will take the wind behind and break the first and the most important resistance. the other resistances are not as strong as the first one. this shall go moon
Been trading this setup for a while, didnt think it would break through the right shoulder because the bullish atmosphere in the markets so I didnt pull the trigger hard enough, but now we know, trust the patterns!
Entry @ 15.5$ -$15 S/L -7.36% (14.48) Tgt3) $ 19.97 (+27.88%) tgt2) $ 18.42 (+18.82%) tgt1) $16.5 (+7.14%) )Daily+4H Bottom Bollinger + resistance ) Reversal pattern on hourly
In 1D view of BINANCE:NEOUSDT chart we have a strong support level which pushes the price above this are. Therefore we need to watch the chart for a signal for entry and that signal is our resistance level. If the price moved above this area we can put our long. Make sure to subscribe! hit the like button if you enjoyed it! leave a comment below and let...
The market is turbulent. If you open a position, be sure to specify a stop loss. with the best wishes.
Mid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00173). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOBTC is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts...
Mid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00173). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOBTC is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts...
MACD and Awesome mark that grows' trend will continue up to psychological level 0.002
The price approached the level with huge candles and the pullback can be deeper. It's better to wait for the daily candle closing. If it will fix below the level we should think about the sell. Push like and write your comments. We will catch the best trades together! Thanks for your support!
Hello Viewers . As we have seen some tremendous Breakouts from many of the coins in this Bull Market Phase. Neo is ready to generate its new cycle pretty soon as the chart depicts that the Price action has been supported by the 20 EMA, 50&100 Ma, and now testing the 200 MA as dynamic resistance/support. If we see S/R flip on the 200MA and therefore penetrating...