NEO
NEO looking hot with N3 in the horizonNot much to say on NEO really. Chart looks very clean, support has been reclaimed nicely, looking strong and healthy by moving up slowly and steadily and the big news is the N3 upgrade or essentially new mainnet is coming. This could get a lot of people behind NEO which could do extremely well. The target I have on the chart is just how I see it now but it could go much higher.
NEOBTC also had a massive collapse and completed its cycle, as it came back to where it was before its big pump in 2017
NEO/USDT Update: Fibonacci levels turn into spportNEO had a lovely 5x move before we now have seen a bigger pullback.
Drawing the Fibonacci retracement levels we even see that the 0.618 level did act as support twice already.
NEO also used the 0.5 level as new support to follow currently the violet upwards trendline.
If we get some more volume we expect to see further upwards movement.
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.
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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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ALTCOINS THAT HAVEN'T TOUCHED THEIR ATH SINCE LAST BULL RUNHere are almost all altcoins with a considerable market cap that have remained in market since 2017 and haven't touched their ATH in both price and market cap in the new bull run. some of the market cap indexes were not available on tradingview so I used coinmarketcap website. the ATHs are based on close price and not the high price and could be a little bit different to actual ATH.Please note that I'm not giving any financial advise about these currencies and I just wanted to make it easier for you to reach these data and information about these altcoins. I used the same color for both price line and ATH horizontal line of each currency to let you see more clearly. Please share your own ideas with me.
NEO is the ONE... Keanu Reeves SAYS BUY.. Escape the MATRIXAgent SMITH is on your tail..... ESCAPE the MATRIX NEO.... BUY-N-LARGE right now at the market price... and take profit just below the all-time high. Take the key from the KEYMAKER and open the doors to MONET.
www.tradingview.com
This is a nifty little 1:5 risk reward ratio.... bet a little stick to win a big carrot. You don't want to be a battery do you?!
NEO/USDT Update: Retesting previous support. Entry timeThe crypto market experiences a bigger pullback.
This leads to great new entry opportunities for everyone that sold the top or missed the previous entry.
We don't believe that the bullrun is over at all.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- 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.
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.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.