NEO/USDT TRADE SETUP! 70% PROFIT EXPECTED FROM HERE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this NEO/USDT trade setup. NEO looks bullish here.
Breaking out from the falling wedge-like structure and currently retesting it. Also, there is a big bullish divergence in RSI. So buy some here and add more in dips.
Entry range:- $23.5-$24.5
Target1:- $26.1
Target2:- $30.4
Target3:- $35.2
Target4:- $40
SL:- $21.5
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Thank You!
NEO
NEO XMAS MISSION LAUNCHAfter NEO had landed perfectly on the xmas mission's target, we now have impulsed off with a wave 1 from there breaking the downtrend since nov'21.
Currently it seems were finishing wave 2 any time soon, ideally confirming earlier resistance as support.
Same as EOS, Id expect a launch for wave 3 of 1 of 3 hereafter.
Hold my beer pls
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No financial advice, do your own research, don't be stupid
UPDATE: NEO profit 50% after SHORT signal - more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price dropped 50% after Short signal. Currently sitting in a support zone If support doesn't hold, 20.50 USDT is next support. Price is below Ichimoku cloud and RSI is still bearish. Another drop is definitely possible.
This analysis is made with my "Supertrend Ninja" indicator. When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. A red background indicates a possible bearish downtrend. Currently NEO is still in a downtrend.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
NEO is a great long-term hold.If you are long-term investor take a look at Neo. If you are interested in short-term gains (less than 1 year), probably best to look elsewhere.
Like many new blockchains Neo went through a major hype cycle in 2017. This means there are lots of bagholders/sellers from $25 to ~$146 area.
Through the ups and downs in price, Neo is still delivering on it's roadmap and is looking forward to a massive rollout of new dapps in 2022 and beyond. Commercial dapps coming as well.
Now is definitely time to accumulate this token as in the next few years, I believe it will be taking off.
Take the time and do some research, you wont regret it.
NEO SHOWING INTERESTING TRENDS FOR LONG TRENDHello trading friends,
This is an update for NEO.
Depending on the last trend study NEO shows an interesting trend for a possible 26 USD - also when there is a green cycle trend for BTC depending on the ETN tool.
We can expect a breakout from NEO if the trend gain new level of 25+
Manage your risk always well
This is not a trading call, study you trends always before entering any trade
Have a great day
NEO - pullback?Hello everybody!
Check chart with NEO/USDT
Neo is in the strong downtrend and from 50USD without any retracement.
When comes break bearish trendline, then entry to long position.
Targets will be on market volume profile and fiboretracement.
On 44USD I will close the rest of position bcs of strong level and POC.
I wish you safe trading!
🔥 NEO Long-Term Bear Market ScenarioWith the latest fall of BTC, I think that NEO has entered its bear market. We're currently trading below the summer-21 lows, without an end in sight.
For reference, I've copied the 2019-2021 bar pattern and pasted it on the chart to give an idea about the price movements to come. Assuming NEO is in a bear market, we can see a prolonged period of accumulation ahead of us.
Top of the next climax phase is placed at the descending trendline which connects the previous two climax phases.
Happy trading!
NEO (Neo) Coin Analysis 03/04/2021Fundamentals:
Neo bills itself as a “rapidly growing and developing” ecosystem that has the goal of becoming the foundation for the next generation of the internet — a new economy where digitized payments, identities and assets come together.
Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later.
As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operate an EcoBoost initiative that’s designed to encourage people to build decentralized apps and smart contracts on its blockchain.
It’s often been likened to the Chinese version of the Ethereum network.
One of the unique selling points of the Neo blockchain concerns its continuous development, which helps ensure that it is futureproof and able to cope with sudden increases in demand. As mentioned earlier, the project has developed Neo 3.0 — enhancing network security and allowing a greater number of transactions per second to be processed.
Unlike many other blockchains, this network also has two native tokens: NEO and GAS. While NEO serves as an investment token and allows people to participate in votes concerning improvements to the blockchain, GAS is used to pay fees for the transactions that are being completed on the network.
Few other blockchain projects also run a development fund to the extent that Neo does. EcoBoost launched back in 2019, and it was billed as an initiative that provides “full life-cycle support for high-potential projects” — including grants, technical support and promotion on social media.
The co-founders of Neo, and its predecessor Antshares, are Da Hongfei and Erik Zhang. Both serve as chairmen of the Neo Foundation, which aims to promote the blockchain’s adoption.
Da Hongfei has said that, although the internet is a great invention, it has many flaws — and this means that everyday consumers don’t always have control over their own data. The entrepreneur believes blockchain applications will eventually go mainstream.
Erik Zhang was the author of the Delegated Byzantine Fault Tolerance algorithm, which aims to deter untrustworthy participants from taking part in the blockchain’s operation. This technology went on to be used in the Neo blockchain. He also served as the core developer for this network, and is playing an instrumental role in the development of Neo 3.0, the next iteration of the project’s infrastructure.
The live Neo price today is $54.15 USD with a 24-hour trading volume of $860,319,548 USD. Neo is up 1.34% in the last 24 hours. The current CoinMarketCap ranking is #37, with a live market cap of $3,819,379,676 USD. It has a circulating supply of 70,538,831 NEO coins and a max. supply of 100,000,000 NEO coins.
The top exchanges for trading in Neo are currently Binance, Huobi Global, Upbit, OKEx, and BitForex.
Technical Analysis:
there exist a Hidden Bullish Divergence with MACD which is the sign of Bullish Trend Continuations.
there are total of 3 Targets Defined by Fibonacci Projection, where as they have confluences with the past Supply and Demand levels when it had an impulsion earlier.
the 3 Target gets confirmed as the 2 TP gets triggered followed by some Price Correction
NEOUSDTWe are on the strong support which was tested since June 2018.
What is the most important is SL. You have to always use SL if you wanna be succesfull trader. RRR is more than 6, so good opportunity.
TP1 - 30 usd (16%)
TP2 - 40 usd (55%)
TP3 - 50 usd (94%)
TP4 - 63 usd (144%)
SL - 19.94 usd (- 23,66%)
Looks nice.
LBL_CZ
It can be wonderful buy the dip opportunity for NEO coinHi dear friends, hope you are well and welcome to the new update on NEO coin.
Daily wedge and triangle:
On a daily time frame, Neo coin has formed a falling wedge pattern, now the movement is squeezed because at the end of the wedge a descending triangle is formed and the support of this triangle is not letting the priceline to moved down to test the support of wedge again. There is also 200 SMA resistance above the resistance of the wedge. After breaking out the resistance of wedge and 200 SMA resistance we can expect a big move.
200 SMA support:
On a weekly time frame, the priceline of NEO coin is getting bounced by 200 simple moving average support.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
NEOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price is fluctuating between the two resistance and support lines. We expect the price to move toward our R1 line. If it is able to break the line, it can move upward but if it is not able to break it, we expect it to fall to our support line. If the support line is broken, we expect I to fall further which is less likely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
NEO/USDT Ready for $126 Target..? What TA Says?Request Chart:-
#NEO/USDT TA Update:-
$NEO currently trading at $26
$NEO almost-83% down from recent High on 07 May 2021
Now Trading at Accumulation Area.
I am also Trying to catch at dip.
Best Entry:- $24-$26
Targets:- $36/$50/$126/$231
Stop loss:- If any Weekly candle close below $22
Breakout Point = $37 ( Bull Activated )
Support:- $24.50
💡Don't miss the great buy opportunity in NEOUSD @Neo_BlockchainTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (26.10).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 27.27
TP2= @ 28.11
TP3= @ 29.26
TP4= @ 30.47
TP5= @ 31.46
SL= Break below S2
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in NEOUSD @Neo_BlockchainTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (26.10).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 27.27
TP2= @ 28.11
TP3= @ 29.26
TP4= @ 30.47
TP5= @ 31.46
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Neo (NEO) Buy ZoneNeo (NEO) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
The Neo formed V bottom and mid term bounce back up to our highs last week. On its 4 hours time frames, The Neo graph formed a bullish patterns.
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$NEO/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 25.4 - 27.2
Mid-Term
TP 1 : 27.9
TP 2 : 28.55
TP 3 : 30.1
TP 4 : 31.85
Long-Term
TP 5 : 35.15
TP 6 : 38.65
TP 7 : 42.5
TP 8 : 50+
Stop Loss : 22.9
*Maximum 4% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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