NEO
NEO looks EXACTLY like Cardano before the Pump Just look at NEO (candles) and CARDANO (red line) against USD, both patterns look almost identical to the detail. NEO only seems to lag a bit behind right now.
With NEO 3.0 around the corner, this looks like a super sweet entry now, almost perfect in terms of risk ratio.
BULLISH! Please like and share!
🔥 NEO/USDT On Its Way To Resistance: Gains AheadNEO has seen some strong gains in the last week, but not as strong as some other coins which have been going up straight. My view is that this coin has more upside, until the purple resistance at the very least.
On the chart I’ve marked two potential areas of resistance, R1 and R2. R1 is based at the most recent swing high, R2 is based along the purple resistance line. Be aware that the R2 resistance requires more baby-sitting since its not a fixed point.
Happy trading!
NEO - BULLISH!!!I posted my chart for NEO recently, I think it was pretty accurate, and now it's looking even more bullish.
Put in a complex H&S with the head bouncing off the 200 SMA on 4hr TF.
Bullish cross on Stoch RSI, multiple TFs
TOTAL 2 pushed above local resistance on recent rally. If it corrects to find support, expect short term downside for NEO to local support - it would be nice to see if it respects the bottom of the channel I've tentatively drawn in there.
happy trades,
CD
🔥 NEO/USDT Falling To SupportNEO/USDT is losing some steam, bleeding out gradually whilst others are seeing positive returns. I'm seeing that NEO will fall back to the strong support that's been holding since the corona dip.
On the chart I've marked one support area, S1. This area is based on a recent swing high. In case you're feeling lucky, hold your short till it reaches the purple support. More potential rewards but also more baby-sitting. Do your own due diligence.
Happy trading!
ETHC BUY LONG!ETHC is a buy in my opinion.
See what prices I predict. I wish you happy trading and trade with vigilance. ETHC is a greatly unknown company for its value so from my perspective pick it up before it is well known.
$ETH is going up and will bring this stock with it!
FEBRUARY PREDICTIONS!
7 DAY HIGH 4.98
30 DAY HIGH 6.58
60 DAY HIGH 8.75
NEOUSDT (NEO) - UPTREND CONTINUATION ANALYSIS 🔎
- NEOUSDT brokeout above the descending trendline resistance (1).
- Price hit a swing high and retraced for a retest (1) of the descending trendline resistance (1).
- Price the bounced off the retest (1), breaking out above the descending trendline resistance (2), hitting a new swing high.
- Price is currently retracing for a retest (2) of the descending trendline resistance (2), key fibonacci retracement levels and ascending trendline support.
- The current retracement is resisted by the descending trendline resistance (3).
- We see another bounce off the retest (2).
BUY ENTRY ⬆️
- Aggressive (risky) : Key fibonacci retracement levels.
- Conservative : breakout above the descending trendline resistance (3).
TARGETS 🎯
- Swing high (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.
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NEO technical vs sentimentalin NEOUSDT sentimental analysis has strong bearish signals, but technical analysis is not really on the same side. trading in neo is a bit risky, but remember that:
1- when stop loss-hunt doesn't work, price tends to increase even sharper.
2- semi-good news for NEO 3. is on go till March (not that powerful)
3- weekly time-frame is really positive
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