NEOThe NEO currency is a strong investment currency
It is expected that the wave is at the end of the correction and we will see a rise soon
The objectives are as described in the analysis
Don't forget about risk management
Good Luck
Do not forget to support the idea by clicking on the like button and sharing your opinion in the comment box
NEO Old Signal
NEO
NEOUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, we are in a bearish channel and the price has been able to break the resistance and is fluctuating inside the channel. We expect the price to reach the ceiling of the channel and we can save. And if the ceiling is broken and re-established, we will enter into a deal. We have identified resistance and support for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
NEOUSD, Forms Crucial Ascending-Wedge, Important Considerations!Hello Traders Investors And Community,
Welcome to this analysis about NEOUSD, looking at the 4-hour timeframe perspectives. As the cryptocurrency market divergence increases more there are coins forming formation with a rather bullish edge, coins that have a more neutral structure and coins that have a high-possibility bearish development structure. With NEOUSD it is the case that NEOUSD is in a decisive formational structure that has a increased bearish edge which should not underestimated here, especially with the formation that I recently detected this can lead to an initial breakout to the downside and approaching of the lower supports before a back-out can emerge, therefore it is important to be prepared on such possible volatilities and in this case I detected all the important levels.
As when looking at my chart now we can watch there that NEOUSD firstly established this decisive ascending-wedge-formation in the structure with the coherent wave-count in the wedge-formation and the waves A to D already finished, now with the approaching of the lower boundary of the wedge this will be the likely origin of the wave E to the upside that will move on and finalize the wave-count. The crucial thing is that NEOUSD then will run directly into this dynamic resistance-cluster marked in my chart in red which is forming in between the descending-trend-line and the 100-EMA in red, as this is a range of accumulated supply it is likely that NEOUSD shows a pullback from there which will move on and complete the wedge-formation to the downside, such a breakout will activate the lower targets and NEOUSD will likely reach them in the upcoming times. This does not mean NEOUSD is completely bearish as there is a solid support base from where it can back-up and show further increased demand with bullish developments.
In this manner, thank you for watching my analysis about NEOUSD and its decisive ascending-wedge-formation with the upcoming scenarios to consider, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Do you have a favorite altcoin? Let me know in the comments, potentially I analyze it in the future.
Information is only educational and should not be used to take action in the market.
NEO (NEO) - July 1Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(NEOUSD 1W Chart)
If the price is maintained above the 37.84723159 point, it is expected to turn into an uptrend.
(1D chart)
It remains to be seen if the 34.13570235-43.70791888 section can support and rise.
If the price is maintained above the 43.70791888 point, we expect the uptrend to continue.
-------------------------------------
(NEOBTC 1W chart)
To convert into an uptrend, it needs to rise above the 0.001236 point and find support.
We'll have to wait and see if we can get out of the boxed section of 0.000828-0.001672.
(1D chart)
We will have to hold the price in the 0.001010-0.001291 range to see if it can turn into an uptrend.
If it goes down, you should check to see if it finds support in the 0.0000868-0.001010 zone.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
NEO/USDT = Long Term Investment IdeaNEO can be called another strong project on the market, which has passed several business cycles.
The price of the asset is under selling pressure and has corrected to the price values of February.
Currently, it is better to wait with purchases.
A long-term position is better to form in the range of $21.68 - $29.60.
It is better to place the hedging order in the range of $15.55 - $19.08.
The stop loss should be calculated depending on the money allocated to the transaction, and do not forget that it is better to keep no more than 10% of your deposit in one asset.
Target price levels will be
$45,22
$54,80
$64,00
$78,00
$88,00
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
Another red days comeHi every one,
In the last past days markets had very complecated situation without any breathing rest time and I know there is a lot of people lost money or at least were panic. But the bad news for them is there will be another drop again. As I illustrate in this particular market, price goes down at least to 30 USD or maybe a little more. And then market have to choose one of the pathes I draw to continue its bearish movement to go more more down.
I hope you enjoyed of my analyse. For more updates please follow me. Also if you have the question please make a comment and let me know.
Thanks for your attention.
Best regards.
Still bearish on NEO NEOUSDIndeed. Neo failed to establish a new impulse, unfortunately. Albeit strong recent drops, too little time has passed to make on viable anyway. Looking at the charts, initial goal is the red dashed line and then we will reassess. But remember, this is not financial advice, just like all our other posts. Please do your own research first and then make decisions based on that.
This is the one... NEO forming a large scale bottoming pattern.NEO seems to be forming a big bottoming pattern and is currently re-testing previous accumilation ranges. I'd say this is another nobrainer place to invest longer term. The charts look good for more upside long term. No need to instantly fomo, this bottom probably has to develop and can take a month or two before it starts taking off. So scaling in over time near the lower ends of the accumilation range is probably the play.
Abaxx Technologies $ABXX /$ABXXF TANotes state my thoughts on the matter. I could see price being supported by the LR mean if a roll over does occur.
There is SPECULATION that Abaxx may be awarded its clearing house license over the coming week. This may provide the catalyst to push Abaxx out of its DTL. I am holding long shares and looking to see some tight price action in the +3SD channel to set up a push up.
Abaxx is a pre-rev company and trades on the NEO exchange in Canada. It trades OTC on the QX by the ticker $ABXXF. You can expect spreads of up to 0.05. I recommend Limit Buys.
As always do your own due diligence before buying a security, especially a pre-rev one. And follow your own trading rules.
Cheers,
Luke
NEO formed bullish BAT for upto 31.5% moveHi dear friends, hope you are well and welcome to the new update on NEO coin.
On the daily chart, the price action has formed a bullish BAT.
Buying and sell targets:
Buy between: 0.001259 to 0.001204 btc
Sell between: 0.001389 to 0.001585 btc
Stop loss:
The maximum extent of buying zone can be used as stop loss, that is 0.001204 btc.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 31.5% and the loss possibility is 5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
NEO/USDT Support at 200MA. 150% Target at 120$NEO now found support at the 200MA for the second time.
Currently NEO is consolidating into the apex of semi symmetrical triangle.
We expect some more consolidation into the apex before we find some volume that pushes NEO out of the triangle.
Entry is around 50$ and target around 120$.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue and white line are 200MA and 50MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
NEO (NEO) - June 10Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(NEOUSD 1W Chart)
I think it's good to keep the price above the 50.22168635 point to create a new wave.
If it falls below the 23.66260578 point, it may take a long time to rise as it enters the long-term investment realm, so trade cautiously.
To create a new wave, we need to break out of the downtrend line, so we have to watch to see if it follows the uptrend line.
(1D chart)
You have to wait for the movement to rise above the 81.99678728 point after going sideways in the section 43.70791888-62.85235308.
To transition into an uptrend, it needs to rise above the 58.57620000 point and find support.
However, in order to accelerate the upward trend, it must rise above the 81.99678728-91.56900381 section.
If it falls in the 34.13570235-43.70791888 section, Stop Loss is required to preserve profit and loss.
However, it can touch the 23.66260578 point and can rise, so trade cautiously.
-------------------------------------
(NEOBTC 1W chart)
It remains to be seen if we can create a new wave that rises above the 0.002858 point.
If the price holds above the 0.001236 point, I think it is more likely to move along an uptrend line.
If it falls below the 0.001236 point, I think it will likely take a long time to rise as it is entering the long-term investment realm.
Therefore, careful trading is required.
(1D chart)
We should see support at the 0.001291 point and see if we can move higher.
If it falls from the 0.001291 point, Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
To convert into an uptrend, it needs to rise above the 0.001572 point and find support.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)