NEO in the short termNEO looks like an increase in the long term, which I will post later.
----------------------------------------------------------------------------------
But in the short term, according to the chart, it is expected to rise to 28$ - 31$ .
In my opinion, if we have a short-term goal, we can buy in the range of 20$ to 22$.
GOOD LUCK
NEO
NEO breaking out of the MatrixNEO looks to be breaking out in an Elliott 3rd wave. After multiple breaks of long term resistance, this could be the time that it finally doesn't look back. And with wave 3 usually being the most powerful, there's a strong case this will hold this time. Lots of room to grow with resistance at 40 and 90.
NEO DAILY TIME FRAMEIn major time frames we saw how the price is starting to form an uptrend.
In this chart we see how the price has broken an accumulation area and is forming a continuation pattern, the price breaks the resistance with fractality and returns to the now support. If the price leaves us with a decisive candle in this area, we can go long to look for a long run up to $40.
NEO/BTC Bullish Wedge ReversalNEO/BTC is gaining some traction after bouncing from the lower trend line of the wedge. Surprisingly enough, this pair remains unscathed after today's bitcoin drop. This gives me confidence that we can see some more action soon.
The first resistance area to beat is R1, based at the last touch of the upper trend line. in case that area gets taken out, the next target should be the upper trend line. It's unclear where the price will touch the trend line, therefore I can't give a proper numerical target. Do your own DD.
Happy trading!
✳️NEO/USDT Analysis (21/1) #NEO $NEOIf NEO loses $23-24 zone, it will have a strong correction, but there are many very reliable support levels to help NEO rise to $34 zone in February.
The most important support zone is 17-18$ zone, if NEO loses this zone, it will fall into downtrend and fall sharply to $11 or worse $9. However, if NEO falls to $9 then we should buy a lot of NEO as that will be the bottom of NEO in 2021.
📈BUY
-Buy: 20-21$. SL if B
-Buy: 17-18$. SL if B
-Buy: 10.5-11$. SL if B
-Buy: 8.5-9$. SL if B
📉SELL
-Sell: 33-34$. SL if A
-Sell: 23-24$ if B. SL if A
-Sell: 20-21$ if B. SL if A
-Sell: 17-18$ if B. SL if A
♻️BACK-UP
-Buy: 23-24$ if A. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SXP DOT DASH XLM LINK DOGE CRV YFI NEO SUSHI statisticsOur active public activity began on 7 September, 2020. In 4 months we have created about 300 ideas and forecasts. Gaining a high pace of work, we decided to stop and sum up the statistics of our work .
In today's idea, we will show the TOP 11 of our ideas for all time, which worked out best and gave our subscribers the opportunity to become richer.
SUSHI. On 10 September, we expected a price lowering from $2.45 to $0.55. As a result, the price reached our target. Then began the aggressive growth of the DeFi token:
NEO. On 21 September, in fact, at the very beginning of the correction, we published the idea the NEO price fall. The price did not reach the global target, but for a long time consolidating gave the opportunity to take a position at a good price.
LINK. Also, the idea published on 21 September made it possible to buy a coin at local lows and catch growth of 86%:
SXP. We managed to identify a good entry point into the position, two months before the target. However, we think that this is not the end of the growth of this coin.
YFI. On 28 September, we published an idea in which described that we expect the YFI price fall by more than 50%. Exemplary working out of the reversal figure H&S:
DOT. In November, when DOT was just waking up, we managed to allocate a sales area and a new entry point to continue medium-term growth:
XLM. The same can be said about the XLM coin:
OCEAN. The protracted consolidation that is still ongoing in the market has been described in our idea with its clear limits:
CRV. The incendiary DeFi token of the Curve Finance project behaved quite technically at the end of November. As a result, we were able to find a range to buy with a target of 250%:
DASH. We managed to find a good trade within the global consolidation in the DASH market the day before the beginning of 60% growth:
DOGE. The hype and volatile project caught us by surprise. Though, we managed to find the entry point. The only thing with potential we didn't guess. He turned out to be much higher, what can we say here, Elon Musk tweets, it's a powerful thing)
Of course, stellar ideas must have their sisters - failed ideas . We think that we will definitely prepare a sample of our terrible forecasts)
Nevertheless, it is worth remembering that forecasts do not decide everything, but risk management. Properly assessed risks will not allow a negative scenario to affect your deposit . Successful analysis will make you richer. Get rich and subscribe to us)
P.S. Many of the listed our medium-term ideas had a whole series that you can see among all published.
NEOBTC an expected breakout of cloudBig bullish Shark:
Previously we have seen that the NEO coin formed a big bullish Shark and produced more than 300% rally.
SMAs on the weekly chart.
Now on long-term weekly chart, the priceline of NEO coin with US Dollar pair has crossed up the all simple moving averages with the time period of 25, 50, 100 and, 200.
Up-channel:
On the weekly chart, with US Dollar pair the NEO coin is also moving in an up channel.
New Up-channel:
While moving in an up-channel on weekly chart, the priceline has also started more bullish up-channel within the previous channel.
Ichimoku cloud turned weak:
On the weekly chart, In the Bitcoin market the NEO coin is moving under the Ichimoku bearish cloud for a long time period. Now the bearish cloud has changed from strong to weak and it is possible that the price action of NEO will breakout this Ichimoku cloud resistance soon and start a powerful bull run.
Conclusion:
Even though the NEO coin is much bullish in the US dollar market. But after breaking out the Ichimoku cloud resistance it can turn very strong bullish in the Bitcoin market as well.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
NEO 12h Growth, correction, growth. Interesting coming monthsFor two long months we did not update the NEOUSDT idea.
But during this time, a lot of interesting things have happened, so let's figure it out.
To begin with, the previous idea worked out well for 2 of the 3 targets below , those who wish could have a tasty buying of NEO at $12.5 before the New Year.
Further, a not bad x2 growth has been going on for a month, which stopped before the level $28.15 , which we noted as important in the first NEOUSD idea back in September 2020. Even then they wrote that we were waiting for NEO for $13.
Hm...., you ask, what's next?
And then, we expect NEO to grow to $31.50 , after which it would be nice to correct this mini pump)
We consider the level of $17.50 to be the ideal launch site for the growth rocket , somewhere in early spring. The growth itself is possible up to the zone $44-46 . Nearly these figures will be the first profit taking of medium-term traders.
The growth itself will be fueled by the news background around NEO 3.0 , there are a lot of releases promising for 1-2Q 2021 and again they talked about NEO as "Chinese Ethereum killer" as if 2017-2018 are back in the yard again)
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
NEOUSDTHello dear friends, my name is Mustafa
(MR.MB) And I hope you are well.
We have NEO currency analysis, friends, I have a long signal right now, and it really is the best investment in such situations, so I hope you are always full of profit.
Friends, this is my personal analysis that I would like to share with you.
💡 Don't miss the great buy opportunity in NEO/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (23.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEO/TetherUS NEOUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 29.90
TP2= @ 35.50
TP3= @ 40.80
TP4= @ 49.00
TP5= @ 59.75
TP6= @ 94.25
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 do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NEO Breaks EMA50, Prepare For a Strong Move Soon!NEOBTC is preparing to print a very strong move now that its price is trading above EMA50 for the first time in months.
We have the same view as before... Previous chart (10-Jan.)
We are seeing slow and steady growth...
Bullish consolidation before the next jump.
Namaste.
NEOUSDT - Potential breakout 🔼Analysis 🔎: NEOUSDT has been consolidating in a symmetrical triangle pattern.
Price action is printing an ascending triangle pattern at the symmetrical triangle's inclined resistance.
Possible breakout.
Buy entry ⬆️: breakout above the ascending triangle's horizontal resistance.
Targets 🎯: horizontal resistance levels.
Setup invalidation ❌: breakdown below the ascending triangle's inclined support.
Neo Is Getting Ready For PumpIt has been accumulating in a sideways trend(green box) for a long time and getting ready for a big pump. if it can break 30 resistance, it can start a bull run uptrend.
targets : 190$ and 470$