NEO-BTC
NEO/BTCHello Friends,
Not much to say here, looks like the ascending ABCDE channel is yet to hit it's mark. The Bill Williams Fractal says no buy yet on the daily however the weekly chart is beginning to form a inverted hammer candle as is the RSI nearing oversold. I would wait a bit longer before buying into this ALT and see where it will head in the following days. If the weekly candle closes as an inverted hammer candle, that should put NEO into or near oversold RSI and at the projected daily chart of the predictable channel towards its target for a bounce upwards for a change of trend. Observe on this chart the stop loss and the buy zone.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
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CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
50$ NEO in coming weeks! NEO-USDT NEO-BTCNEO is one of the best projects on crypto market.
They don't only performing with clean and working code, also with few news on game industry.
Money maker time's was something like ICO Platforms, but this time is over and taken over from IEO's like Binance or YoBit doing right now.
Blockchain self is here for a another use cases and not for scamming people with never coming promises.
Looks on chart, we are on a good channel and just few days left.
From timing STOCH RSI and BTC cooling down time would be perfekt for tricker altcoin pump.
NEO will be one of first coins that will jump on USDT pairing.
Zoom OUT for more details.
I set my indicators on Bittrex, while on that exchange you can see clear if it's moving forward.
By all that wash trades on Binance you can't even know signals on chart.
NEOUSD [Daily] Who is behind that move ? Buy dips ?All big names were bough aggressively today. So if there are institutional money you DON'T want to chase the price !
They will wash you out ! Wait for pullback in this particular case 12/10,5.
I do believe we will see bigger volatility hence sharper pullbacks...
Neo Will go for new highs after a little pullback.Well, NEO has shown some bullish momentum these last days, and right now is gifting us with a good entry between 0.382 and 0.5 fibonacci levels, a rejection from this levels are very bullish, most of the biggest moves i have seen, always jump back from a pullback on this levels, and aims to a C wave with similar to A. This was the wave B, and our wave c would put us a target around 27k satoshis. Sorry for my english, and with this said, let you with my chart.
NEO set upLets see what kind of strength it has. You can also go short right under the loading zone failure.
I'll be reacting to neo and updating a thread from the link in comments section.
Neo Breakout LevelsNeo is following a rising wedge. With many other cryptocurrencies charting just like Neo, we could see a mini alt season in the coming weeks/ months. Bitcoin looks like it should retest 5.8-6k resistance in the coming weeks so we could see some nice gains if Bitcoin also breaks out.
NEO Bullish potential This is a speculation on what will happen with NEO. Mind that i don´t have a glass sphere where i can for see the future with.
The first thing i did was finding the resistance and support levels. I used the volume to identify them. I moved on seeking for a pattern i couldn't find a clear one. So i wrote down a line from top to top and from bottom to bottom. I think there is potential in NEO because. There is a buy signal in the MACD and the trend is increasing.
The D in the graph is for the distribution of GAS on binance.
best regards, Junktard
$NEO set up this is a coin I long several time trying to catch the bottom and... miserably failed
I think that Neo is a really great project
and i'll come back soon or later
I want to have some long open when it does
look like we might have a set up to enter here
it's sitting here both on his price and RSI support
i'll place a long order on finex here
Regardless of the current bitcoin condition, this coin is in gooHi Dears,
The condition of this coin is good
At the bottom of the price and somehow it's time to buy
But there are two negative things
Bitcoin conditions are not good
In the event of a rise in price, the coin would not be profitable in the short term
The decision is with you, but be careful if you buy this coin
But remember that nothing in this world is 100%
Good Luck
NEO should start flying It is difficult to predict, but may be a point to get back the believe in NEO and its stabilisation in the nearest future. Long time NEOBTC show free fall. It reached support zone - accumulation zone. So, it is time to start flying from this zone. First it should break out resistance line of the wedge, let´s see. Any more ideas in this regard?
NEO/USDT +Targets Methodology
Chart time frame: 4H
Events:
Elliott Waves Theory: Wave 5 completed combo with Elliott triangle wave. Ready for a correction wave ABC
Pattern: Descending triangle just broke trendline.
Bullish Divergence: new lows were not reflect in RSI
Rejection at 8.201 levels
Trade Management:
Trade Entry: 8.502
Stop Lost : 8.200
Targets/TP:
Target 1: 9.865
Target 2: 10.916
Target 3: 11.657
Risk/Reward Ratio: 10.52