NEO
NEOUSD Amazing rally but it's coming to an end for now.NEO (NEOUSD) had the strongest 1W green candle last week since April 2021, which was towards the end of the previous Bull Cycle. Even though it broke above the 1W MA50 (green trend-line) for the first time since December 06 2021, also using the 1W MA50 (blue trend-line) as Support, the rally stopped on Resistance 1 (15.7500). This is technically putting an end to this hyper aggressive bullish sequence, until we see a week closing above it. The 1W RSI also got rejected on the 70.00 overbought barrier.
A similar price action was seen during the accumulation phase of the previous Cycle and fractal wise we could be in a similar situation as the October 28 2019High. Of course this time, the 1W MA100 broke, while in that past phase it broke after Bitcoin's Halving. Regardless of that, we may have an opportunity to buy NEO on the 1W MA50 again, unless it closes a 1W candle above Resistance 1 first. In both cases, the target is the 0.5 Fibonacci retracement level at 29.00.
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Is NEO repeating the pattern of the past bear market? Hello everyone!
If you're looking for a hefty profit and are willing to wait, then take a look at NEO.
On the weekly timeframe, you can see that the price movement is very similar to the price movement in the previous bear market. Back then, there was also a long sideways period that lasted 847 days before the price surged upwards.
Currently, there is a similar sideways period with the upper boundary being the 0.236 Fibonacci level, and the asset is at the bottom of this sideways range.
The price could still drop to $5.9 per coin. So, the timing of when to open a position remains open.
Fibonacci levels serve as targets on the chart.
This is not financial advice, and anything you do is at your own risk.
NEO/USDT Break Key Area, Bullish Momentum ?? NEO Analysis TodayYello Paradisers, Break Alert!
💎 After breaking through a key supply level, the chart confirms that we're in the retesting phase, transitioning from supply to demand. For further confirmation, we need to see the daily candle sustain above this new demand zone and close as a rejection candle. If this occurs, NEO is likely to continue its upward trajectory, targeting the bearish Order Block (OB) or strong supply area.
💎 However, if NEO fails to maintain above the demand zone, it could reverse course and test the bullish OB area, where additional accumulation could be advantageous.
💎 The bearish OB zone also coincides with a resistance trendline from a descending channel, making it a pivotal area for NEO. A successful breakout from both the bearish OB and the descending channel would be a bullish indicator for NEO.
💎 This analysis would be invalidated if NEO breaks and closes below the key support level on the daily timeframe.
NEO - could triangular pattern repeat?NEO has ascended two times so far; in triangular pattern. Could it ascend, for the third time, in the same pattern. If so, it could be like this.
Keep in mind that future waves should unfold to analyze NEO moves more accurately.
Keep an eye on NEO. Although, it will not start anytime soon, probably :)
NEO/BTC - NEO: Trend_Reversal◳◱ An intriguing development has unfolded on the NASDAQ:NEO / CRYPTOCAP:BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.0002543 | 0.000269 | 0.0002976 and the significant support levels found at 0.0002257 | 0.0002118 | 0.0001832. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.0002588, allowing us to take advantage of the projected trend continuation.
Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info :
▣ Name: NEO
▣ Rank: 69
▣ Exchanges: Binance, Kucoin, Huobipro, Mexc, Bittrex, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: NEO aims to build a comprehensive "smart economy" by incorporating digital assets, digital identities, and smart contracts.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0002588 ₿
▣ 24HVol: 20.422 ₿
▣ 24H Chng: 13.658%
▣ 7-Days Chng: 29.66%
▣ 1-Month Chng: 22.59%
▣ 3-Months Chng: -0.30%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0002543 | 0.000269 | 0.0002976
◢ Support: 0.0002257 | 0.0002118 | 0.0001832
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -21.31
▣ Last 90D: -17.98
▣ Last 1-Y: -17.67
▣ Last 3-Y: -17.14
◲◰ Volatility :
▣ Last 30D: 0.30
▣ Last 90D: 0.44
▣ Last 1-Y: 0.61
▣ Last 3-Y: 0.87
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.56 - Bullish
▣ Reddit sentiment score is 0.64 - Bullish
▣ In-depth NEOBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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NEOUSDT.1DBased on the provided market data, the NEO/USDT pair is currently trading at $8.34. The pair has a 4-hour RSI of 74.69 and a daily RSI of 74.14, indicating that it is in the overbought territory and may see some pullback. The MACD on the 4-hour and daily timeframes are both positive, suggesting an ongoing bullish trend.
However, the 7-day RSI is at 47.38, which is near the middle of the range, suggesting a neutral longer-term outlook. The 7-day MACD is negative, which could indicate a bearish trend over the past week.
In terms of support and resistance levels, the 4-hour chart shows resistance at $8.67, $9.22, and $9.58, and support at $7.67, $6.47, and $6.30. The daily chart shows resistance at $8.73, $9.94, and $10.50, and support at $7.07, $6.50, and $5.78. The 7-day chart shows resistance at $8.48, $11.59, and $15.50, and support at $6.34, $5.92, and $5.44.
In conclusion, while the short-term trend for NEO/USDT appears bullish, the market data suggests that the pair is currently overbought and may see some pullback. The longer-term outlook is more neutral to bearish. Traders should keep an eye on the support and resistance levels, as well as the RSI and MACD for signs of potential trend reversals. As always, it's important to combine this technical analysis with other market indicators and news events before making any trading decisions.
🚀 *Bitxer Signal Alert ID# 284-5*🚀 *Bitxer Signal Alert ID# 284-5
📈 *Trade Direction:* Long ⬆️
📈 *Entry Point:* NOW
📈 NEOUSDT Alert: Bullish Vibes! 🚀
NEOUSDT is once again dancing around the $7.14 support level, a zone known for catapulting prices higher. 🌱
Historical data reveals a recurring pattern:
🎯 First Target: $8.12
🎯 Second Target: $8.30
🎯 Third Target: $8.50
This trend has proven reliable time and time again. Whether you prefer futures or spot trading, Bitxer offers insights drawn from a wealth of experience. 📊
Don't miss out on this complimentary signal! Join us in capitalizing on the potential gains. 🙌🚀
NEOBTC: Exploring the Road to a Strong Long-Term UptrendToday, we will analyze the #NEOBTC pair, which is displaying promising signs of a potential bottom formation and a reversal in its long-term trend.
💎First and foremost, Paradisers, we want to draw your attention to the current demand area located near 0.0002776 BTC. Since September 10th, this support level has undergone two tests, and it's evident that this level has been respected. While this doesn't confirm that NEO's price has reached its bottom, such price action is noteworthy and often indicates the potential for a significant move in the near future.
💎However, for us to reasonably expect a strong upside move, #NEO must breach the 23.6% Fibonacci resistance. This level is of utmost importance and can be described as a critical resistance point. Historically, it has functioned as both a demand and supply zone. Currently, it coincides with the 200 Exponential Moving Average on the daily chart.
💎Going forward, the MCP team will closely monitor the price action of #NEO against #BTC, patiently awaiting an upside breakout. When and if #NEOBTC confidently breaks above the 0.0003286 BTC level, we will seriously consider a long-term buying opportunity. Such a breakout would likely indicate that NEO is poised to outperform Bitcoin and potentially ascend towards the 61.8% Fibonacci resistance.
💎Nonetheless, the rally might not conclude at this point, for if the price surges beyond the 61.8% resistance, the next target could be as high as 0.0007480 BTC. This level represents a double Fibonacci resistance, which could be regarded as the final upside target in the event of a sustained rally.
Stay tuned as we closely follow #NEOBTC's journey, ready to seize potential opportunities and keep you informed of significant developments! 🚀📈
Neo 50-60% crash 🩸 incoming It's failed 📌 breaking and closing postive on recent top 🔝
Expecting pump towards $8.5-10
Possible wick towards $12-14
if wick turned as closing above $14 weekend postive sign ☢️
Then this article invalid 📌 my long term article get's invalid 📌
If this get valid my long term article get's invalid 📌
But present I am completely bearish 📍
Expecting qick pump towards $10
Drop 🩸 towards $3.2-4.3
Based on drop we can confirm bottom present target's are not bottom target 📌
I will update you
Just follow article idea 🙂 💡 give boosting 🚀
The Power of Three - NEOUSDT Support Zone Study💎The #NEOUSDT daily chart has been exhibiting an intriguing price action pattern that's worth our attention. Of particular note is the remarkable resilience of the $6.76 support level, which has seen the price bounce off it three times consecutively. This support level coincides with the 78.6% Fibonacci retracement level, further enhancing its significance.
💎In recent days, #NEO has been on a consistent upward trajectory. Given the consistent respect for the support, the probability leans favorably towards a continuation of this upward movement.
💎For prospective buyers, it's essential to identify potential profit-taking areas. There are two notable levels of interest in this regard. The first is a minor resistance near the psychologically significant $8 level, which also aligns with a double Fibonacci level. Notably, bears have put up a strong defense in this price region, making it a likely initial profit-taking zone for buyers if the price continues to rise.
💎However, should this resistance level be breached, the prospect of an extended uptrend becomes more compelling. The next target for #NEOUSDT would be the $9 area, which holds significant importance. This zone corresponds to the 61.8% Fibonacci retracement level, the 200 Simple Moving Average, the long-term downtrend line, and the Volume Profile resistance.
💎For the MCP team, this constitutes a key price area to monitor closely, as a breakout above it could signal the initiation of a long-term uptrend. Nonetheless, Paradisers, it is imperative to continue monitoring the 78.6% Fibonacci support level. Any attempt by the price to breach this level should be regarded as a robust warning sign of a potential continuation of the downtrend.
🔍 Keep a watchful eye on these critical levels as the price action unfolds.
NEO/USDT prepare for bullish move? 👀 🚀 NEO Today AnalysisParadisers, gear up for an exciting opportunity with NEOUSDT! After touching a bullish Order Block, it's primed for a dynamic upward surge👀
💎 In the wake of recent market volatility, NEO experienced a significant drop but has since regained its bullish momentum.
💎 There's a Bearish Order Block above that the price has already tapped once. We're optimistic that it will revisit this level, given the remaining liquidity.
💎However, if the price breaks through the demand zone, consider a short entry to capitalize on the situation.
Keep your charts updated and Stay one step ahead of the market 🌟 🌴
NEO ANALYSIS (1D TF)From where I put the red arrow, we see a corrective diamond diametric. Now I think we are at the end of wave E.
The green range is a bit of a big range, but it is where wave E could end and we could see upward moves for wave F.
A confirmation or trigger must be received to initiate upward movements for wave F.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bullish 📈 on $NEO for a price target of $89 🚀🚀 The Bullish Case for NEO 🚀
I've analysed the NEO chart, and I find the technical indicators suggest to be oversold. This is often a strong buying signal and, combined with the fundamentals of NEO, makes me decidedly bullish. It is not financial advice.
1️⃣ Oversold Territory: The recent market correction has pushed NEO into oversold territory. Historically, these have been excellent opportunities for value investors.
2️⃣ Target Price : Given the current chart patterns, I am expecting NEO to bounce back and reach no less than $89.
3️⃣ Past Cycles: NEO has shown strong resilience in past market cycles, demonstrating impressive growth and recovery. I think that it's poised to follow a similar trajectory in the near future.
4️⃣ Smart Economy: NEO has a growing ecosystem of dApps, which could push the demand for NEO even higher.
5️⃣ Scalability & Efficiency: With its dBFT consensus mechanism, NEO provides high transaction speed and reduced energy consumption.
6️⃣ Interoperability & Quantum Resistance: NEO's commitment to quantum-resistant cryptographic mechanism positions it intensely for the future.
As always, this is not financial advice but my personal opinion based on my own analysis and research. Always conduct your due diligence when investing.
NEO coin forming bullish Shark for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of NEO coin with US Dollar pair.
Previously the we caught a nice pump of NEO as below:
Now on 4-hr frame, NEO is about to complete a bullish Shark move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ALTSeason 2023: TOP 10 Altcoins I'm WatchingHi Traders, Investors and Speculators of Charts📈📉
In my recent DOGEUSDT post, I explained the dynamics of how money constantly rotates in the crypto markets AND how the BTC halving affects this phenomena. If you missed it, check it out here:
In short, after BTC rallies and cools down with a period of sideways trading, you can expect to see rallies across the Altcoin market, usually in order of market cap. Since we've already seen the higher cap alts rally like LTC and SOL; we can now expect to see parabolic rallies on "random" smaller-cap altcoins across the market.
Note that is is not for the immediate term, in other words not TODAY, but alts that can potentially go parabolic between Q3 and Q4 of this year. Here are the top ones that I'm watching:
1) DOGEUSDT (although not a small-cap, I'm super bullish on DOGE)
2) BATUSDT
3) NEOUSDT
4) GLMUSDT
5) HBARUSDT
I will update this chart over the next few days with the next 5, stay tuned
NOTE that the price-range tool is not intended to indicate the date, NOR does it indicate that I expect the price to go up in a straight line. Allthough the price has gone up in a straight line before, the altcoin market is more mature than last time. These are REALISTIC targets as the price has been there before, however you will need PATIENCE to get there. This post is mostly for those who accumulate with their eye on certain targets, in other words the HODLERS.
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CryptoCheck
BINANCE:DOGEUSDT COINBASE:DOGEUSD BITTREX:NEOUSD BINANCE:NEOUSDT BINANCE:BATUSDT BINANCE:GLMRUSDT BYBIT:HBARUSDT.P BYBIT:HBARUSDT
NEO → %160 profithello guys...
as you can see, this coin engulfed the last high very well and formed a QM pattern, retrace to this level quickly!
if you take the risk you can enter now! and close 33% position in each target, but if you need confirmation you can get it when the price engulfed and make consolidation upper than $11.8.
first target: $12.5
second target: $15.9
this target: $21.4
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about this coin:
NEO is a cryptocurrency that operates on a decentralized blockchain platform often referred to as the "Chinese Ethereum" due to its similarities with the Ethereum blockchain. NEO aims to digitize assets and facilitate the creation of smart contracts, allowing developers to deploy and execute decentralized applications (dApps) on its platform. One of NEO's distinguishing features is its delegated Byzantine Fault Tolerance (dBFT) consensus mechanism, which ensures faster transaction processing and increased scalability. NEO's token, also called "NEO," plays a crucial role in the platform's governance and allows holders to participate in decision-making processes.
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always do your research.
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