NEO
NEO still bullish in this channel up!!! Daily key analysisNEO show in H4 timeframe a good bougth past in the past days in the 0.618% of Fibonacci, So, I entry around of the 0.50% of Fibonacci when I show you this long signal and then, I'm in profit from $17.60 USD. Also, I invite you to put a break even at $17.20 USD to protect your earnings and loss relation.
Now, NEO in Daily it's bullish to $22 USD.
And this it's a strategy that I draw an entry of 0.618% of Fibonacci using an model of the price action. So guys, for that reason this is the model of what the bullish signal of NEO make.
NEO continue up!!! Be patient!!!I add a message that when I see in my Quantfury App, this position don't touch the SL for 0.09 cents of distance. Jaja, that it's crazy!!!
But so, we have that NEO make a rejection so fastest!!!
But, looking in the chart of 3 Daily, we see that NEO have potential to continue up in the next days. For that reason, I continue in this position.
In Daily, we see that NEO continue up and maybe I will need how NEO closed today!!!
NEO it's prepare to starting a new bull run soon!!!Hello, in this update as I send you in my previously technical analysis of NEO. I entry around of $17.60 USD. So, good position to entry in long!!
Now, lookin the chart in H4 NEO it's bullish to these 2 targets that I show you $21.46 USD and $23.75 USD.
Remember in Weekly chart that NEO it's starting a bul run soon!!!
NEO it's support this trend line bullish from starting of November 2020 and well, NEO it's still strenghten. So, as we pass the ABC correction. We can to see a new ellito wave cycle in formation!!!
Good luck in this position!!!
And accumulate more Ethers!!!
Updated: NEO show a bearish rising wedge forming in H1 timeframeI reccomend to closed up the long position and don't make anything until NEO reach down to the key support to bought. This it's a manipulation pure!!!
So, to respong your question, remember we are entry in the new cycle and my perspective it's bullish
Now, the H4 it's the key, and we would need to hope the formation of the latest C of the elliot wave correction ABC to entry in the next elliot wave cycle in H4 timeframe. So, I will going to still alert in the next hour when NEO reach down in this support between the $16.50 USD to $16.70 USD to activate our long position in this zone. going to break down the yellow zone below of $16.20 USD. That it's my other scenario to put a short position.
This it's my clear chart. And also, I make an update of the candlestick color if you see, so, we hope a bear scenario soon to these level, so I do not reccomend to put any short position when we are in the bullish trend, if you want to put any short position, the only that I want to see it's that NEO. And remember, the grey zone on H4 timeframe where it's into the yellow zone Daily, this is another reaction that we need to put any long position in H4 timeframe with a candlestick confirmation!!!
So guy, it's based in my elliot wave studies!!!
NEO/USDT long term view (elliott waves)NEO / USDT
🌟 TECHINCAL ANALYSIS🌟
LONG TERM
according to elliott waves and my drawing
We now on 2nd impluse wave (yellow)
May be correction not ended yet
but once we started on wave 3 the pump will be crazy
This view for long term only
For entery (buying) must look at lower time trames
And see local bullish signs
Please have a plan before trading and don't trade blindly
Good luck and happy trading 🌹
after a strong resistance, weakers aheadonce dxy loses its fascination with the possible 2nd stimulus in the US, as the rest of the crypto market, neo will take the wind behind and break the first and the most important resistance. the other resistances are not as strong as the first one. this shall go moon
NEOUSD Breakout Imminent - Fourth Time Lucky? NEO looks to be heading towards the horizontal resistance for a fourth challenge.
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based on the information provided.
Trust your own analysis.
Beyond Edge
Crypto FLM/USD (Will this bird fly?)View on Crypto FLMBUSD (24 Nov 2020)
Crypto is pretty much a wild wild west, but there can be rewards too.
We think this DeFI protocol shall take off further and so will the price of it.
Follow at your own risk and it shall retest $0.3 or higher soon.
Let's see.
DYODD, all the best and read the disclaimer too.
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NEO 12h Still the situation is under sellers' control Despite the BTC growth, sellers on the NEO chart feel pretty confident.
Fixing the price above $18.50 could trigger the growth to $20.16.
This is the level that sellers should start to strongly defend.
But so far this has not happened, and the entire crypto market is supposedly preparing for a correction. NEO may begin to fall in value too.
The first medium-term target is the level $14.50.
Below is $13.50, $12.50 and globally $11.16.
But, by this time, we will most likely refresh the idea. Therefore, like and subscribe to us to be the first in the course of events.
Could NEO be distiguished in the next altseason?As NEO it's one of my favorite crytpo to invest, I hold 100 NEO in my Quantury app by contracts.
This chart if from Bittrex exchange and we see that NEO it's startign the bull cycle right now. Wake up gusy, NEO is sleeping!!!
So, in mediuk term we will see a NEO above of $100 USD. It's the ebst opportunity to continue bought NEO
That was an accumulation and right now NEO is prepare and we could see in the next months huge news of this altcoin.
This is an outlook of what NEO is prepared to continue up, NEO it's into this ascendent triangle and the key support line confirmed a bought zone!!!
So, I believe that NEO it's one of my favorite digital coins to invest together with Bitcoin and Cardano, and also Tezos. So guys, if you want to created a crypto portfolio using Quantfury App contracts. Don't over leverage. My reccomendation it's to take as maximum 2-3 cryptos. I know that we can't to use my complete portfolio. But for the next years, I can to invest in more in stocks, cryptocurrency and more when Bitcoin and altcoins goes to the moon!!!
If you like this analysis, please get me a like and share this analysis with your friends and another traders.
Investing in NEO cold be a next revolution of the new economy tendence in the virtual world creating Dapps to resolve all issues into the world for the next smart-economy.
If you want to check my NEO fundamental analysis, please you can to goes below of it!!!
NEOWhat Is NEO?
NEO was founded as AntShares by Da Hongfei and Erik Zhan in China in 2014 and was rebranded "NEO" in June 2017. It is a blockchain-based platform that supports its own cryptocurrency and enables the development of digital assets and smart contracts. NEO aims to automate the management of digital assets through the use of smart contracts, with the eventual aim of building a distributed network-based smart economy system. (For more, see Are Smart Contracts the Best of Blockchain?)
Digital Equivalents on the NEO Platform
NEO theoretically describes its Smart Economy System as (Digital Assets + Digital Identity + Smart Contract = Smart Economy). Assets can be easily digitized on the NEO blockchain in an open, decentralized, trustworthy, traceable, and transparent manner that is free of intermediaries and their associated costs. Users are able to record, buy, sell, exchange, or circulate various kinds of assets. The NEO platform allows for linking the physical asset with an equivalent and unique digital avatar on its network. NEO also supports the protection of assets. Those assets registered on its platform have a validated digital identity and are protected by law. Digital identity enables verifiable key information about participating individuals, organizations, and other entities that exist in the digital context. Smart contracts allow the execution of transactions and agreements among different parties without governance by any legal system or central mechanism. The execution of such contracts is based on the programming code of the network, and the coding allows traceability, transparency, and irreversibility of transactions. NEO supports two crypto coins, NEO and GAS. It supports programming in all mainstream languages including C#, Java, Go, Python, and Kotlin, which facilitates a large community of developers to easily contribute to its platform.
Focus on Regulatory Compliance
NEO maintains a clear distinction from other standard blockchain platforms, as it is focused on being regulatory-compliant. While digitized assets and smart contracts are popular on other blockchain platforms like Ethereum, the third key feature of what it calls its “digital identity” separates NEO from the rest. Every individual, business, or any other entity operating on the NEO platform is expected to have a unique digital identity that can be verified. People, businesses, and projects have the option to transact among themselves only if the other party has the required identity, which makes the NEO network regulatory-compliant. Even the various nodes on the NEO network may need to have identification before they can contribute to the transaction verification and other activities like accounting and bookkeeping.
Enter Onchain
While working on NEO, the cryptocurrency's founders, Da Hongfei and Erik Zhan won the interest of various enterprises looking for private blockchain solutions. Thus emerged Onchain in 2014, an independent technology company that works with the necessary financial and legal frameworks and provides blockchain solutions to various enterprises.
While NEO works like bitcoin and ethereum, Onchain focuses on the creation of private and consortium blockchains to meet the specific needs of the industry.
Onchain’s major product, Distributed Networks Architecture (DNA), uses digital asset applications to help businesses by creating private and public blockchains. DNA is believed to be the blockchain platform that can be customized to address all sorts of different problems in the private and public sectors.
NEO and Onchain: How They Differ
NEO and Onchain are separate entities that exist independently, and neither owns the other. NEO targets the business-to-consumer (B2C) segment —where the "C" can refer to a customer or even community—while Onchain focuses on business-to-business (B2B) enterprise services. Both are separately funded. NEO is funded by a public community, while Onchain is backed by China’s largest private conglomerate, called Fosun. When asked why he chose Fosun as an investment partner, founder Da Hongfei said: “The three major arms of their portfolio include finance, medical science, entertainment and lifestyle, which has good synergy with blockchain tech. This is why we chose Fosun Group as an investment partner because we highly value the Enterprise resource that Fosun provides, a platform for Onchain to display blockchain technology.”
NEO and Onchain: Their Vision
The common founders of NEO and Onchain envision that they will be able to achieve cross-chain interoperability in the future. That is, a mechanism will be developed to connect and share information between the various blockchains whether they are public like NEO or private such as those operated by businesses. As the number of blockchain-based systems continues to grow in both the public and private domains, there will eventually be a need to have interoperability among various blockchains. The teams at NEO and Onchain hope to fill this gap through their ongoing work.
However, to enable such interoperability, trust and identity become important. That gap will be filled by the intrinsic “Digital Identity” feature which is an integral part of the NEO blockchain platform.
Essentially, NEO and Onchain may pave the much-needed middle path between the completely decentralized, unregulated, and anonymous blockchain systems like bitcoin and the conventional KYC-compliant economy that is the present-day system of bank accounts and credit cards. By taking an all-inclusive approach that attempts to involve and serve the needs of all parties—individual users, network contributors like miners, transacting participants, private businesses, and even regulators—NEO and Onchain may be best placed to provide a holistic solution to the ongoing rift between closed-economy regulators and the open-system cryptocurrency enthusiasts.
A Solution for China?
The NEO platform acts as the foundation of Onchain’s DNA concept. NEO provides decentralized, public blockchains while OnChain’s DNA fills the need for private blockchains. Linking both these systems may enable the best of both worlds. Onchain has already received an endorsement for DNA from the government of Guiyang, the capital of Guizhou province of Southwest China. Both parties jointly released smart contract 2.0 and other Chinese blockchain technology in early 2017.
In mid-2017, Onchain was among the first batch of companies that successfully passed the Chinese blockchain test, which was followed by an investment partnership with the Fosun Group. Despite China's recent tightening of its grip on cryptocurrencies, the acceptance of blockchain technology is a clear possibility. In mid-2017, the Chinese government was reported to be experimenting and creating its own national cryptocurrency. Despite its hard stance on the various decentralized cryptocurrencies and ICOs, rumors are swirling that the government may be looking for an alternate solution and it remains open to working with companies that are willing to play by its rules. Being local Chinese ventures, NEO and Onchain are the top contenders if this is true. If the promising Onchain technology can be accepted and integrated with the Chinese government and businesses enabling an all-inclusive solution, then it will greatly increase the widespread adoption of NEO.
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RyodaBrainless
"Live to Ride and Ride to Live"