NEO-BTC
NEO: Flag Penant and ConsolidationNEO 15m chart shows clear Bull Flag.
Recent News (Ontology airdrop & Weiss A rating) added to abnormal buying volume early in the day on February 26th.
As flag pennant continues to consolidate, we should see a price action breakout or breakdown.
Since there seems to be little profit taking after initial breakout, I would anticipate buyers to re-enter the market and push the price higher.
NEO/BTC Strong volume for the upcoming $ONT AirdropPossible maybe to go uptrend within this week. Indicates strong volume. Tentatively, many users will buy NEO to receive $ONT token for the upcoming AIRDROP March 01, 2018. (ONT is the new token that is under the smart contract of NEO.) See more info about ONT here; ont.io
It's a LONG shot...First time posting so be forgiving with your critiques, although don't hold them back either.
Seeing a 5pt Elliot Wave - 5th wave to happen
Bull flag on the field?
That said if BTC is showing a bearish slow down based on its RSI then best believe that NEO will be going down with it. But then why bother checking these charts if that's the case?
Anyways first time posting and hoping to learn holla at me.
NEO loosing steam v BTC? - Shorting TradeI was looking for a good entry point for NEO but decided to short instead.
My main reasons;
MACD showing signs of bearish divergence.
Low volume.
BTC *might* start moving up strong.
How I will trade this;
1) If NEO gets rejected at 0.0142 and falls near to 0.0138, i'll short it, at least till 0.0120.
2) If (1) happens, I'll watch for the orange support channel line. If it breaks, I'll re-check the facts and short further more, while looking for a good entry point.
I am super new. Don't take my word for anything <3
GAS/BTC Showing Bull Signs 200% + ROIHello, Trading View,
Okay here is a good sign. Especially when you have an entire smart economy that is running on gas coins. There has been some news articles, stating that the Chinese yuan will be replaced by neo. Sense the demand for this coin is determined by the transaction level. You can conclude that as neo coin becomes more accepted into the economy or smart economy. The price of gas will eventually go up, as people buy things with neo.
In the short run. It will probably go down a little more before it goes back up again. So in my opinion you should buy in at: 0.00486933 not the current market value price as of 11:57 AM EST. on the date of: 2/4/2018.
Obviously it is better to buy the actual neo coin if you can afford it. Because it creates some of the gas you need every year, and that is compounding. But sense the price of neo coin is 2x of what the price of the gas coin is. You can decide based upon your budget, what you want to invest in it long term. I have some in my hoddle wallet that I don't trade with, for that very reason. In my opinion, both are good investments.
In my opinion you should buy in at: 0.00486933
Sell 25%: 0.00556862
Sell 50%: 0.00630041
Sell 25%: 0.00727675
Thanks,
StopLoss123
$neo possible correction
flat kijun tends to act as a magnet for price
Wave Trend close to overbought. Sell signal given a couple days ago
may see retrace down to kijun line
good idea to set long bids near kijun. If trying to short, target would be kijun
bullish cloud twist indicates more upward momentum
I'm predicting a retrace before we continue to new highs
chart should traded in conjunction with $eth and $usd charts
Price at possible reversal zone
Twitter: @AzorAhai06
NEO/BITCOIN - MASSIVE CUP&HANDLE -1/28/18NEO 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 come.
- Bollinger Bands determine breakout and trends. Bollinger Bands were previously narrow as trend continued to consolidate, BUT as Bollinger Bands begin to widen (as they are currently doing), this signals a breakout is imminent, most likely bullish based on the likely possibility we are in the formation of the HANDLE.
NEOBTC - A Buying Opportunity SoonNEO 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.
I will keep you guys updated with entry points and stop loss in the following days.
NEO / BTC Daily Chary Analysis 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. The last time this high was hit was on 8/13/2017, about 5 months ago! RSI (82) is indicating that we are in overbought territory. As we have seen in the cryptosphere before, the retracement could be short lived, as the hype around NEO and all of its recent, successful ICO's continues to grow. Only time will tell!
NEOBTC Fib: Possible Buy-in following consolidation v2Note, 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 gone for a conservative buy-in within the 50-60% range, although if the bulls move on, this could correct lower.
Opinion not advice.
Comments welcome - 1B2rBfu9X4nms6EtuQWDQuNy87Jn9hYkJs for BTC 2.48% 1.99% donation if you find this helps, and want to spread the love!
Short-term NEOBTCBitfinex, 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 the new 0.00681 resistance
6. Volume: previous breakouts were formed at similar levels of volume
7. Targets: enter after we confirm the 0.00681 BTC level is broken and exit at the top of the next pole at 0.00744 - aiming for 10% quick profit
Stop loss: 0.00640 BTC
Entry: 0.00685 BTC
Take-profit: • target 1: 0.00700 BTC - expected end of the current flag, conservative
• target 2: 0.00744 BTC
Disclaimer: not an investment advice, never invest more than you can lose and always do your own TA!