NEO is trying to get back into its down trend channel, if you got some NEO around 14 dollars thats very brave and profitable but i believe there is still a lot of profit to be taken from this coin. Looking very bullish on the hourly, as the MA50 crossed both EMA 144 and MA 200. On the daily, MA 50 shows around 28-29 dollars so I believe its soon to touch back to...
Technical analysis: . NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
NEO has bullish divergence on the daily time frame on multiple indicators. Neo also had a bullish engulfing candle yesterday with a long bottom wick indicating signs of reversal. The outlook for the short term for Neo is bullish. This area also has a rather large high volume node as well as the point of control, so this would be a nice spot for Neo to reverse...
NEO BTC is still in downtrend but will see some relief rally in coming days due to RSI levels. You can do some scalp trading during any such rally.' If you are looking to open a position for long term in NEO then it will be advisable to average out your holdings when NEO test the buy zone identified in blue levels.
Technical analysis: . NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. . There is a valid and clear divergence in the price chart so the probability of the beginning of uptrend is increased. . While the RSI and the price downtrend in the Daily...
Technical analysis: . NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. . There is a valid and clear divergence in the price chart so the probability of the beginning of uptrend is increased. . While the RSI and the price downtrend in the Daily...
NEO currently in this daily triangle setup if we go above 40 then target 45/50+ if we break below 30 then target 25/20 see what happens after one of these two outcomes happen good trades
As you guys have probably noticed by now, Bitcoin is rallying and gathering fomo in anticipation of the ETF's, while alts are losing their value. This is because everyone is selling alts to ride BTC. Very bad news for alts, but it's a cycle that has been happening over and over in relation to satoshi value. Bear in mind that its using data from previous Bitcoin...
NEOBTC broke support of falling wedge. Could be false breakout of support but retest likely to fail. On failure return to support at 0.002
NEOBTC is on a 1D Falling Wedge formation (RSI = 31.031), which is slowing down on pace as it approaching the exhaustion point (Highs/Lows = -0.0006, MACD = 0, B/BP = -0.0012). Our approach is to short with TP = 0.002911 and then consider the reversal neat the 0.002000 1W support.
NEOBTC Bullish Gartley forming. Look for entries very soon. Targets 38.2 & 61.8 of AD leg. Goodluck
Reached my target on neo very quickly and it is now retracing back to support. Also appears to be forming a potential head and shoulders pattern. If the previously respected level of support does not hold this time then we may see neo head down further to retest the weekly resistance and trend line around the 48-490000 sat level. If the support holds as it has...
NEO finally broke out on July 1st and ran well four days straight. It is very clear to see the pullback is over. All the indicators have turned up and it's an easy decision to enter NEO for some profit from here. My trading strategy targets for NEO on Bittrex and Binance as posted on my Discord group: Buy up to: 582500 T1: 641000 T2: 699000 T3: SL: ...
NEO is doing structure action waiting for the rebound in fibonacci of 0.68% to be able to enter in long bounce zone according to the MM. regards
Neo after breaking the down trend had a big push and pull back. It is now sitting right at a daily support level which has been respected previously. A close above this support and BTC behaving could see another push up to retest previous structure. If it closes below or BTC decides to dump then it'll head down to retest a lower level of 4 hr support. Watching...
My reasons for a trend reversal on the NEO / USD as well as the NEO / BTC chart: -Price broke through diagonal resistance line which lasted for 6 months -RSI broke the bearish trend and seems ready for a reversal -Big increase on buying volume Good luck
Not a lot of us expected NEO to be under $30 again, but here we are. Another great buy-in opportunity or hard to catch falling knife. Falling Wedge is a bullish formation so we are looking for a breakout at upper red line. First level at which NEO can bounce upwards is at $23, enxt one near $12. --------------- DISCLAIMER I’m not a certified financial advisor...