NEO
NEO potenial move short termNEO / USDT
Price Breaking out from descending channel
Now looks like its heading for local high retest around 26$ and If break this resistance zone
It will fly
🚨=> Price shouldn't return to channel or it can loss bullish momentum
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Buying NEO down here !!!NEO looks like a solid project to me and it is not going away.
Actually it has lost about 96 - 97 % against Bitcoin from ATH to its recent low some days ago.
NEO has been one of the TOP performing ALT coins during the 2017 - 2018 bull run (going from 8 cents to 160 USD) - that's a 2000x !!!
Looking for cheap ALTs for the upcoming Altseason (whenever it will come) NEO looks like a very solid buy at 0.000587 btc !
There are some positive divergences and Neo looks really bombed out agains BTC.
I am a buyer at these levels.
NEO looks very attractive on the USD chart !!! As I said in my previous post, NEO has lost about 97% agains Bitcoin.
On the USD it has already bottomed at 3.99 on the March 2020 panic low.
It seems to be forming a beautiful Cup & Handle pattern on the USD price chart.
Also it is completing the same Cup & Handle chart on the RSI.
To me that looks very promising !
As I already said: I am a buyer !
NEO 3.0 - The biggest chance of a lifetimeWe believe NEO is one of the better cryptos out there. Marketability as the ETH from China is still existent.
So a few reasons why we are super bullish on NEO and believe this is the chance of a lifetime:
they are releasing NEO 3.0.
It is still the ETH from China and can be easily marketed as such.
an RSI Divergence in the bigger timeframe
NEOBTC hit the most bottom trendline
hit bottom of a possible triangle which in case it resolves bullish, would give incredible returns
we had an ichimoku cross on the Monthly chart on which we took support. This should drive us to at least 50$
Total Chart has made a higher high. Other cryptos are looking super bullish such as BCH and IOTA.
Not investment advice.
Trading idea: NEO/USDT - an old favourite that may run in 2021Many thanks to Michael Wang for reminding me to take another look at this old favourite altcoin (check out his excellent analysis under 'related ideas').
I have charted this before many times. NEO used to be a hyped project but has somewhat fallen out of favour, however what often gets forgotten is that the team are very active and continue to build and work on the project, while so many other 2017 alts have bitten the dust.
NEO 3 is coming in Q1 and I expect this to have a run this month. There was some buzz around Flamingo Finance launching on NEO back in DeFi summer, which shows you that the platform can still achieve relevance even in the current market. I prefer this over other, more 'famous' altcoins that have failed to move forward since 2017/18.
The mid 30's is a key psychological level for NEO and I can see it running up to this area, from there we'll have to see.
As a rule, I'm not rebuying many of the 2017/18 altcoins as I believe the newer projects (like DOT) to have more potential for price growth in coming years.
NEOThe Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
neousdshort time trading:
this is a contracting triangle pattern.
we are now in wave (e). the last wave, appears to be of the running flat type.
in this case, after completing the E wave and breaking the $ 22 resistance, the price will start its main move towards the $ 80_90 target (until January 2021).
SL = 10 $
target = $ 80 - 90
good luck
NEO/USDT: An Overlooked Altcoin with High Upside PotentialIn this analysis, I will be shedding light on Neo, an altcoin that used to be one of the top in terms of market cap during the 2017 bull run.
NEO currently sits at #31 on the market cap list, with $1.18b in market cap.
Analysis
- It's important to note how the volume continues to increase dramatically over time
- Prices have barely moved within the accumulation zone, yet the trading volume has reached an all time high on Binance
- It has a setup very similar to that of other major alts such as Ethereum and Litecoin, which have shown/is showing parabolic moves
- Prices are trading above the 20 Simple Moving Average (SMA) and 60 SMA.
- We are seeing a bullish descending wedge formation on the weekly
- Should we see a breakout leading prices to test previous all time high levels, the upside is an astonishing 900%.
- The fibonacci retracement demonstrates potential resistance zones
Conclusion
I believe that there is high upside potential for NEO. Especially with NEO 3.0 launching this month, we could expect a news driven breakout for this altcoin.
GAS Getting Close To An Upwards Breakout Multibags Soon ?GAS Getting Close To An Upwards Breakout Multibags Soon ?
Gas Looking Ready To Move
EMA Ribbons are tightening
Probable u shaped bottom
Bullish overall
Target 1 0.0002706 sat
Target 2 0.0003466 sat
Target 3 0.0006785 sat
HOLDers Potential for higher targets