NEO/USDT Break Alert!! Indicating Bullish Momentum for NEO💎 NEO has recently exhibited significant market dynamics, notably breaking above the key resistance level of the accumulation phase.
💎This breakout signals a bullish momentum for NEO, with the probability of continued upward movement toward our target area.
💎 However, if NEO retraces back into the accumulation phase area, breaching the support level, it would indicate a false breakout and could trigger a downward movement toward the demand area.
💎 In such a scenario, it is crucial for NEO to bounce off the demand area and reclaim the area above the resistance to resume its bullish momentum. Failure to do so may result in further downward movement towards the key support area.
NEO
#NEOAccording to the two high-pressure candles, buying a reversal candle can enter a long trade with confirmation in the 0.23 Fibo area. Because the first area of the supply is completely consumed and the next unconsumed area is the range of $30. Therefore, if approved, it can continue to grow until the next supply area.
NEO/USDT bullish horizon from demand? 🚀NEO Analysis
💎 Paradisers, gear up for a promising trading journey with #NEOUSDT, as it unveils potential for a bullish surge from its demand zone.
💎 Delving into #NEO path, we've noted its rise following the closure of an FVG at a crucial supply level of $13.70. Despite a momentary slow-down, we're now eyeing a bullish jump from the demand level of $12.25, enhanced by significant liquidity, making a strong case for a turnaround. Staying resilient at this level may well lay the groundwork for the anticipated bullish journey.
💎 Should the drive for NASDAQ:NEO begin to diminish, we're set to look for a revitalizing leap from the solid demand level at $11.57. Yet, falling below this key level might herald the start of a deeper bearish phase.
GAS is a beast, buy here againGas pumped a lot, which you can see on the chart. Now we need to think about re-buying this coin for another profit. Where to buy GAS? We have an unfilled FVGAP that I have drawn on the chart; this is strong support. Also, we have the 0.786 FIB retracement. These levels are close to each other, so place your limit orders to buy gas here. Thank me later. We also need to complete the ABC corrective pattern before another pump.
Gas is a token created on the NEO blockchain platform with primary purpose of being fees for processing transactions on the NEO network.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
NEO/USDT Bullish Reversal on the Horizon? 👀🚀NEO Analysis💎 Paradisers, brace yourselves for an exciting trading opportunity with #NEOUSDT, as it's currently lining up for a bullish turnaround from its support zone.
💎 A look back reveals NASDAQ:NEO struggling to surpass its previous high, leading to a bearish sentiment. However, the tide seems to be turning. At the support level of $10.08, where it has already stirred up some buying interest, there's a strong possibility of a bullish shift aiming for the significant supply zone at $15.12.
💎 We, the shrewd traders, are always equipped with a Plan B. Should #NEO dip below our key support at $10.08, we're prepared to capitalize on a bullish rebound from a further support at $9.03. But be cautious, as a drop below this additional support could signal a deeper fall.
NEO/USDT This area so strong to sustain NEO, Ready for re-upward💎 NEO has undoubtedly garnered considerable attention in the crypto market, showcasing a significant rebound from its demand area. This resilience highlights the strength of the demand, hinting at NEO's potential to resume its upward trajectory.
💎 The focus now shifts to NEO's ability to breach and establish above a crucial resistance level, a move that probability could signal continued bullish momentum.
💎 However, should NEO struggle to ascend towards this key resistance area, there's a risk it might retract to the demand zone. A critical point to watch is NEO's performance in this demand area.
💎 A failure to maintain its position, particularly if it breaks below this zone, would be a stark bearish indicator. Such a breakdown would confirm a downward trend, with NEO likely to slide towards the next support level at approximately $8.7. In a more bearish scenario, NEO could extend its decline even further, reaching a stronger support level.
NEO/USDT Could NEO Bouncing and continue Upward ??💎 NEO has recently become a focal point in the market, particularly with its bounce from the demand area. This rebound highlights the strength of the demand in preventing further price drops. There's a strong possibility that NEO might continue its upward movement, probability aiming to break through our identified strong resistance area.
💎 In the demand zone, a robust recovery is crucial for NEO. If it ends up merely consolidating in this area without a significant bounce, there's a risk that NEO could lose this key support zone. This could potentially lead to a downward movement, taking NEO back towards the Bullish OB area.
NEO/USDTNEO is looking good in a weekly chart and is showing positive signs. After flipping the level in RED It will be a good time for an entry. If a daily or 4h candle closed above the level, you can an entry on this.
All the information you need is right there on the chart. It’s important to set a stop-loss, which is like a safety net to limit potential losses in case the market doesn’t go in the expected direction
#NEO/USDT
#NEO
The price has been moving in a descending triangle since May 2023
price move in up waves
Finally, the price reached the upper line of the channel, which is the main resistance line
At 9.40 , which is the current price
We expect to break the resistance line with targets
First target 11.64
Second goal 14.20
Price breake the Moving Average 100 actuly
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like this kind of analysis don't forget to like and follow
Unleashing the Dragon: A Triple Trade Strategy for NEO, XTZ, FIL
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NEO ; easy 700%Afternoon folks , some coins are a clue and neo is one of them , its chart is so clean and beautiful that you can literally predict the market with it .
We are so close to starting the bull run , phase 6 might happen but it would never be as severe as the black swan of 2020 , we are in accumulation phase in altcoins so keep accumulating for the peak , i have got the bitcoin halvings as vertical lines in the chart and the arrow is the approximate date of the top , i go for 90-100$ each coin again which is easy 700% .
Neo will be boring in the bullrun but im sure itll do fine , price is appreciated here and keep buying anywhere near supper support .
DYOR , stat safe fam and show your love with the like button.
🚀 NEO - Double Bottom and Order Flow MagicNEO, a standout in the crypto space, is currently charting a course that's turning heads among traders. The formation of a massive double bottom pattern coupled with strategic order flow dynamics is setting the stage for accelerated growth. Let's delve into why NEO is on the radar, gearing up for a potential surge.
Chart Analysis: NEO's Double Bottom Brilliance
NEO's chart is painting a compelling picture with the emergence of a substantial double bottom pattern. This classic reversal formation consists of two well-defined troughs, often indicating a shift from a bearish to a bullish trend. NEO's chart signals not just a reversal but the potential for a robust upward trajectory.
Order Flow Dynamics: NEO's Acceleration Strategy
What sets NEO apart is not just the pattern it's forming but how it navigates order flow dynamics. The coin is strategically executing order flow, especially in the form of liquidity sweeps at key lows. These liquidity sweeps, or order flow imbalances, are contributing to NEO's ability to gather momentum swiftly.
Trading Strategy: Capitalizing on NEO's Momentum
For traders eyeing NEO, understanding the dynamics of the double bottom and order flow becomes paramount. Crafting a strategy that incorporates these elements can provide a tactical advantage. NEO's potential acceleration, driven by both technical patterns and order flow strategies, opens up opportunities for traders to ride the momentum.
Conclusion: NEO's Double Bottom Magic
NEO's current market dynamics showcase not just the formation of a double bottom but the implementation of a strategic order flow approach. This combination positions NEO as a potential standout performer in the near term. As traders anticipate the next moves, NEO's double bottom magic adds an exciting layer to the crypto landscape.
🌐 NEO Analysis | 📈 Double Bottom Strategy | 💡 Order Flow Dynamics
❗See related ideas below❗
Are you ready to ride the momentum with NEO's double bottom magic? Share your thoughts, strategies, and NEO insights in the comments! 💚🚀💚
NEO - RELOADEDSince August 2023, NEO has had a strong run, as have many altcoins, growing ~141%. It is now trading above all EMA's and recently rebounded from the 20-day EMA as support.
NEO was one of the first 'larger' altcoins to break out of the bearish to bullish phase a few weeks ago. Since then, it has attempted to break the resistance at ~$15 - $15.60, 3-5 times resulting in long wicks. Each time, the resistance won and short-term support was found with the strongest at ~$11.19.
Provided BTC continues consolidating or growing, we can see NEO push even further, targeting the $20 area (67% gain). If this doesn't happen, we could see NEO continue consolidating in the value area between $11 - $14 or finding longer-term support around $9 before proceeding to try again.
If it consolidates, NEO could move to the top of the value area in the short-term for a modest 16% gain.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only.
Please feel free to leave your comments and thoughts below!
NEO/USDT Possible will retesting phase to continue upward Move!💎 NEO has indeed attracted considerable market attention with its successful breakout from a key level. However, it has yet to undergo a retesting phase at the demand area, previously acting as a supply zone. Upon closer examination at a lower timeframe, NEO appears to be forming a triple-top pattern in the current region.
💎 Triple-top are often indicative of a distribution phase and could potentially lead to a retracement to the demand zone within the range of $10.7 - $9.9. In the event of such a retracement, a significant bounce from the demand area could occur, probability paving the way for NEO to resume its upward trajectory and reach our target area.
💎 In a less favorable scenario, if NEO retraces to the demand area and fails to hold its ground, breaking down from this level, it confirms a downward momentum. Consequently, NEO may revisit the robust demand area, which was formerly a supply zone, indicating a potential accumulation phase.
NEOUSD Amazing rally but it's coming to an end for now.NEO (NEOUSD) had the strongest 1W green candle last week since April 2021, which was towards the end of the previous Bull Cycle. Even though it broke above the 1W MA50 (green trend-line) for the first time since December 06 2021, also using the 1W MA50 (blue trend-line) as Support, the rally stopped on Resistance 1 (15.7500). This is technically putting an end to this hyper aggressive bullish sequence, until we see a week closing above it. The 1W RSI also got rejected on the 70.00 overbought barrier.
A similar price action was seen during the accumulation phase of the previous Cycle and fractal wise we could be in a similar situation as the October 28 2019High. Of course this time, the 1W MA100 broke, while in that past phase it broke after Bitcoin's Halving. Regardless of that, we may have an opportunity to buy NEO on the 1W MA50 again, unless it closes a 1W candle above Resistance 1 first. In both cases, the target is the 0.5 Fibonacci retracement level at 29.00.
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Is NEO repeating the pattern of the past bear market? Hello everyone!
If you're looking for a hefty profit and are willing to wait, then take a look at NEO.
On the weekly timeframe, you can see that the price movement is very similar to the price movement in the previous bear market. Back then, there was also a long sideways period that lasted 847 days before the price surged upwards.
Currently, there is a similar sideways period with the upper boundary being the 0.236 Fibonacci level, and the asset is at the bottom of this sideways range.
The price could still drop to $5.9 per coin. So, the timing of when to open a position remains open.
Fibonacci levels serve as targets on the chart.
This is not financial advice, and anything you do is at your own risk.