NEO
Neo ImpulseI'm new to Elliott Waves and not even sure how to plot just the first 4 points only with the TV tools (the first 4 I plotted seem accurate, but not sure how to use the tool to not plot wave 5 yet), so don't give any weight to where I placed wave 5 ending. But curious of others perscpectives on this. I think we'll dip to around the support and start heading upwards soon. The 4 hour looks like we may drop another dollar or so from where it is trading as I type this ($33.50)
Follow, like, and share your thoughts please!
What is NEO? The crytpocurrency for the smart economy1. NEO it's an open network for the smart economy. The NEO ecosystem is driving with the large community of enthusiastic and developer to become this cryptocurrency for the next-generation of the internet for the smart economy.
2. NEO is an open-source, community driven platform that is leveraging the intrinsic advantages of blockchain technology to realize the optimized digital world of the future.
3. Another features is that NEO is investing $100 million through its ecoboost program to accelerate the realization of large-scale commercial blockchain solutions by empowering developers and proyects in the ecoystem all funding.
Use of Case:
a) Blockchain infrastructure: You can to contribute to the underlying infrastructure of the NEO Blockchain.
b) Digital Asset: You can digitize assets in a decentralized, secure and third party free fashion.
c) DEFI: You can to transform traditional financial instruments into trustless and transparent protocols into the decentralized finance
d) Games: You can to empower new game of gaming experience by integrating blockchain features.
My Personal Opinion:
This crytptocurrency are in my radar, but it's so interesting in their fundamental analysis in what NEO it's goes to their objective. For that, Blockchain are grow up and more in NEO most enfocous to convert all economies in the smart solution in the digital world for the decentralized economy. I thinking in this cryptocurrency are one of the crytpo-enthusiastic and I admire this crytpocurrency as my possible radar to found out my minors crytpocurrency to invest in 2021. I do not invest yet in this crytpocurrency, rememebr my top 5 majors crytpocurrency that I invest are Bitcoin, Ethereum, Cardano, Chainlink and XRP. But yes, I find at least 3 crytpocurrency minors to take in my big radar in 2021. And well, I follow NEO from the past year and I admire this proyect. For that, I don't thinking that NEO it's a good crytpocurrency to invest. If I decide to invest, I noticed it my social media like Twitter or Trading View. And also, I share my 3 targets in NEO for 2021 in their bull rally.
For more resources, please visit these links:
1. NEO Website: neo.org
2. NEO Twitter: twitter.com
💡Don't miss the great buy opportunity in NEOBTC @Neo_BlockchainTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000700).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.000960
TP2= @ 0.001140
TP3= @ 0.001300
TP4= @ 0.001600
TP5= @ 0.001800
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 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 NEOBTC @Neo_BlockchainTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000700).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.000960
TP2= @ 0.001140
TP3= @ 0.001300
TP4= @ 0.001600
TP5= @ 0.001800
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 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 still in the bottom! Hello, dear traders!😉
As You know I always focus on NOT overhyped coins!!For me, NEO looks good!😍
Now we will look at NEO vs USD and NEO vs BTC it can help us clearly understand it potential!
In BTC pair Neo still in the bottom, that mean, when it will start moving, NEO vs USD will do the same)
Keep an eye on it!Or make some buying)
Stay tuned by Rocket Bomb🚀💣
NEO Small retrace, bulls remainNEO can be seen to be hitting a crucial fib level within the Fibonacci circle
It will likely be rejected, but sharply bought up by the bulls and upward continuation follows
Developing a new Fibonacci circle style, which demonstrates rejections at Fib levels and supports. (hope you like it)
It looks as if bulls are in charge currently
BTC BNB ETH NEO down entries or short tradesThese are today's targets, the trades are short setups that have passed.
We will have a trading calculator to give these numbers on your phone or desktop.
TRADING PIVOTS -
A B C Short Cover Pt Gain
BNB DOWN ENTRY 340.00 233.00 309.00 282.25 202.00 +80.25
BNB DOWN ENTRY 324.00 248.00 303.00 284.00 227.00 +57.00
BNB DOWN ENTRY 303.48 228.44 271.88 253.12 196.84 +56.28
BTC DOWN ENTRY 58247.00 49924.00 55291.00 53210.25 46968.00 +6242.20
ETH DOWN ENTRY 1974.00 1656.00 1804.00 1724.50 1486.00 +238.50
NEO DOWN ENTRY 55.21 41.36 48.42 44.96 34.57 +10.39
WHAT IF THE ALTCOINS ARE GOING TO FOLLOW FIRST BITCOIN CYCLE? Many of you guys are looking for the next 1000X project to become millionaires. Do you remember the first big wave for Bitcoin? It tested 1150$ in 2013 and after that long downtrend it seemed impossible to reach that level again. Now we all know it was just the first wave of a bigger cycle. Just imagine if the peak in 2018 for all major altcoins was the equivalent of that peak in Bitcoin. How many 1000X or 3000X projects are still available right now? Please write down your favorite projects with a huge potential.
🔥 NEO Long Term Bullish TradeNEO has seen steady increases over the last months. Especially the last two weeks have been very bullish. Since multiple resistances have been breached in the last two weeks, I'm confident that the long-term is very bright for NEO, therefore I'm happy to place the targets further away than I normally do. Be aware that this trade might take a while to unfold.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on historic swing highs. Do your own due diligence.
Happy trading!