NEO finally on the moveNeo has finally moved from a long term down trend into a consolidation zone and now reached the long awaited Uptrend.
Price has cleared structure from 2018 and the next target is at the 55USD mark, based on historical data from 2018.
If price can break over the resistance level we are looking at another 20% push to the upside.
NEOUSD
NEO
NEO/USDT Going for a parabolic comebackNeo looks very bullish considering the increasing volume and the breakout of already 2 resistances.
Let's see if it can uphold that momentum.
The ATH is far away with over 200$.
Enjoy the ride and don't be too greedy.
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Cheers
ETHEREUM Bullish Correction (Neo Wave Analysis) Learn NEO WAVESHi Again Everyone,
Anyone familiar with the modern Elliot Wave Theory. Its called Neo Wave and involves a reflection of the market data that better reflects todays modern markets rather then the 80's stock markets which better fit with Ralph Nelson Elliot's Elliot Wave Theory. It adds a more scientific approach to market price movements. Have you noticed the wave counts in todays time are harder to decipher when compared to charts from say 20-40 years ago?
This above picture I have wave counted for ETH/USDT applies some concepts that Glenn Neely (Founder of Neo Wave) depicts in the modern day markets where wave B exceeds the commencing price point of wave A. Typically this can be seen as the "impulsive" strength of the larger fractal. Indicating that we are about to see an incredibly bullish impulse from ETH once the correction is complete. This potential wave count will give the trader the best chance of catching the bottom of a correction if your homework has been completed correctly. This to me looks valid and waiting for confirmation to take an entry on verifying Wave C completion. I have just witnessed this and executed a trade in EOS/USDTPERP which netted me a 150% gain with leverage in just 3 hours. Take a look at EOS/USDT and I urge you to take a look at the correction that occurred before the most recent bullish move upwards to the $5.40 USD (14/02/2021) and see how modern day corrections are changing the way we treat Elliot Wave Theory. Wave C even finishes above the start of Wave A on EOS/USDT. That's how Bullish EOS is at the moment.
Please note this is not Financial Advice and DYOR as usual.
Thanks,
Husky
NEO is going to the moon!Neo is looking very very exiting in 2021 and the coming years. its going to the moon and beyond.
The launch of Neo 3.0 in the coming month or so is going to be a catalyst to fuel the fire up to $50 then $80 then $100 and in potential $200+ in the coming years.
You just have to compare the chart of BTC and Neo to date. Neo is following an almost identical correlation to this date. and look where BTC is.
Now is the time to invest and hold.
keep up to date with neo news!
NEO Ethereum of China getting ready to take off 2021The 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.
Erik Zhang was the author of the Delegated Byzantine Fault Tolerance algorithm, which aims to deter untrustworthy participants from taking part in the blockchain’s operation. This technology went on to be used in the Neo blockchain. He also served as the core developer for this network, and is playing an instrumental role in the development of Neo 3.0, the next iteration of the project’s infrastructure.
Rank #31
Coin
On 116,245 watchlists
Neo Price (NEO)
$37.07
12.39%
0.0007673 BTC
0.02074 ETH
🔥 NEO Broke Through A 1.5 Year ResistanceNEO has broken through a very strong resistance which has been holding since November 2019. For reference, zoom out the chart to see the resistance more clearly.
A lot of crypto break outs are happening recently. Almost all of them continue their path up after said break out. This trade is based on that premise. Before entering, wait before the daily candle has closed above the resistance.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $40 and $50 respectively. Do your own due diligence.
Happy trading!
NEO 3D SUPER BULLISH!! [mid term hold] Shout out to Trip from cBc's group for originally charting this. I've been posting about NEO for a few weeks (so I don't feel bad about recharting it for those who missed it) the difference was that I only zoomed out as far as 12HR...
Looking at this 3 day macro TF... I mean, no wonder it's popping off right now.
It's a beautiful textbook reversal, and the fact that it's nowhere near 2018 levels yet... I think I'm gonna cum. And this is NEO, btw-- "the Ethereum of China," a large cap. Not a shitcoin pump n dump. Just a nice mid term hold. I don't even know why I'm trying to sell you on this right now lol the chart sells itself.
LISTEN, not even I can f*ck this one up.
happy trades! :)))
CD
NEO / BTC SETUPNEO is currently testing resistance at the 200 SMA and forming a bullish ascending triangle. Breaking above the 200SMA has preceded huge gains in the past.
If BTC pumps, it will invalidate this idea. If it ranges, keep an eye on this and buy the breakout / retest!! Targets are marked at fib/support levels
$FLYY Golden Cross Incoming Super bullish #Goldencross playing out on the 4 hour chart
Exciting times ahead
NEO.USDT (Y21.P1.E1).v2.Macro targetsHi All,
*** This is part of the previous post, link provided below. ***
Using the inverted Barr method along with previous price action and fib levels, I don't see why not NEO will hit the initial target of $48 to $50, which equates to the 0.618 fib retracement.
All the best,
S.Sari
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