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NEO

NEO/USD - 58% setupHello, Traders! February correction took the form of consolidation. NEO is moving in a sideways range of $36.00 - $45.22 gaining strength to surge. Entry in the position can be considered in the range of $42.75 - $45.22 Stop-loss can be placed under $38.60 Purchase targets will be Fibonacci extension levels based on the trend: $ 54,16 $ 61,05 $ 67,94 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered as a financial advice
Long
by UnknownUnicorn10064030
New smart economy by NEO; (NEO/USDT analysis)Neo Ecosystem ; With thriving partners and projects, the Neo ecosystem is rapidly growing and developing, thus enabling Neo to become the foundation for next-gen Internet. ❇️(coinmarketcap DATAs: (Rank #36 , kind:Coin , On 136,072 watchlists Market Cap: $3,174,046,746 , Volume24h: $736,118,024 , Circulating Supply:70,538,831 NEO (71%) ,Max Supply:100,000,000 ) What Is🌟 NEO🌟? NEO is widely considered to be China’s answer to Ethereum. Both cryptocurrencies use smart contracts but NEO takes advantage of its unique blockchain in order to improve on Ethereum’s network. NEO has defined itself as the distributed network for the smart economy. By smart economy, we mean digital assets with a digital identity, supported by smart contracts. Interesting Facts About NEO NEO made its first appearance in the West in 2016 under the name Antshares. NEO uses the delegated Byzantine Fault Tolerant (bDFT) for blockchain consensus — it is a modified proof-of-stake protocol. 6119 BTC was raised during NEO’s 2016 ICO, creating 100 million NEO tokens. 50% of the NEO tokens were sold in the ICO, and the other 50% were distributed to the NEO Council. NEO climbed its way into the top 20 cryptocurrencies by achieving a $5 billion market capitalization by the end of 2017. In short, NEO is a cryptocurrency that, uses easily programmable smart contracts in order to facilitate trust-less trades of real-world assets through the Blockchain. Because together, everything is possible One ecosystem, two blockchains, a world of possibility. ❇️Who Are the Founders of Neo? 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. ❇️What Makes Neo Unique? 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. ❇️What Is The Price Outlook For NEO? The price outlook for NEO is a little uncertain. In the short-term, you should expect to see volatility as speculators take advantage of the uncertainty surrounding the cryptocurrency’s future. In the medium to long-term, there is the unlikely outcome, that the Chinese government will begin a full crackdown on cryptocurrencies, in which case you should expect to see NEO’s value collapse. ❇️refrences: coinmarketcap- commodity. com- neo. org ------------------------------------------------------------------------------------------------------------------- ✅TECHNICAL ANALYSIS As we can see in the monthly timeframe logarithmic chart for neo/usdt , The current price roam about $45 , We can imagine a hypothetical channel for it that is growing with an upward trend and is currently moving under its midfield and failed to break it on February 22. It is possible that now the cows are trying to break it again. and grow to the top of the canal, also on the other side it can descend to the bottom of the canal and near the support area , in which case there is a good opportunity to enter, and the proposed targets are $ 72 and $ 180 and then $ 900 in the longterm. (Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.) -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades 👍plz hit that damn like button if you like it
Long
by PRO_SMART_Trader
4
Flamingo DEFI on the NEO network is about to explodeFlamingo DEFI ($FLM) has only been up 350% as an ATH since its low based on www.coingecko.com Most solid DEFI coins like LINK, CURVE, LUNA, SUSHI and others have risen over 10,000% so $FLM has so much more room to grow. It is currently attempting to break a major resistance which has crossed it a few times in the past few days and is about to follow the rest of the ALT boom and especially the DEFI boom. Another main coin that has not done its true upward move is NEO! NEO has reached an ATH of $200 in the 2017/2018 Crypto hype and it is now trading less than $50! FLM runs on the NEO network and NEO has recently done a major Testnet upgrade: coinmarketcap.com This chart shows that FLM is about to explode way above $2.00 :
Long
by stayfulfilled
NEO vs BTC when Alt Season Starts Fib ExtensionsThis is a very rough idea. If we repeat a similar alt season to early 2018 we could potentially use fib extensions on alts to predict ATH based on current BTC ATH since the alts trailed BTC's trend in the last major bull cycle. Current BTC is sitting around 60k, which if you look at the fibs is a little over 300% increase on the 2017 spike. If you apply the same principle to NEO and look at where the 300% mark is, you will see it is somewhere around the $700 mark. This may of course even be a low projection, since alts often have the tendency to multiply greater than btc.
BINANCE:NEOUSDLong
by Eldal
UNI - 6h. What UNI needs to Grow 70%?It has been 19 days since the UNI market has been in consolidation. The growth of 600% from the end of December 2020 should be corrected. In this case, the correction takes place in the consolidation range and does not suggest that the UNI price will continue to fall. Critical range of $16.7-17.7 is guarded by buyers. During the consolidation, trading volumes on the UNI market dropped significantly, which indicates the absence of aggressive sellers. If buyers hold the $16.7-17.7 mark by the end of the week, we will expect the UNI price to continue rising with a target of $33-34 . However, it would be ideal if buyers can maintain the local range that has always helped buyers continue the trend - the range of $18.8-19.2 We will consider an alternative scenario for the continuation of the UNI price fall to $13-15 only after breaking through the range of $16.7-17.7 _______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
38