NEO
NEO to see a 13% leg up.NEO - Short term
We look to Buy a break
Price action has formed a bullish ascending triangle formation.
A break of yesterdays high would confirm bullish momentum.
Levels below 18.00 continue to attract buyers.
A move through bespoke resistance at 18.34 and we look for extended gains.
We look for gains to be extended today.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
Our profit targets will be 20.34 and 20.98
Resistance: 18.00 / 18.35 / 19.10
Support: 17.65 / 17.40 / 17.00
Signal Centre
NEOUSD: Possible Long (11.10.2020)On D1, the price touched the lower border of the ascending channel on a logarithmic scale. The RSI has almost reached an oversold level near the 50% Fibonacci level.
On H4, the price broke through the border of the descending channel upwards, and divergence was formed between the price and the RSI. Also, the first impulse movement towards the NEO price increase is visually visible.
We recommend buying NEO to keep the position above 26.
CTSIUSDT AnalysisAt this moment, there are 3 SELL signal present and I'm BEARISH .
So, I don't think this is a good time to buy yet.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.052) for 1D to buy,
3- You can buy when candles touching the support line (0.027)
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
NEO approaching golden pocketPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
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- 35% correction on NEO
- Golden pocket coïncides with 1500 support level
- MACD histogram is beginning to show weakness in the trend
I would wait for a confirmation of the 1500 level. With a tight SL at 1430 sats.
Target 1: 1650
Target 2: 1800
Two FIB levels that fall perfectly together with resistance levels
How do you feel about this trade?
NEOUSDT |25% Long | when is the Time ??| 1DIn 1D view of BINANCE:NEOUSDT chart we have a strong support level which pushes the price above this are. Therefore we need to watch the chart for a signal for entry and that signal is our resistance level. If the price moved above this area we can put our long.
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Down to 16$According to chart and bearish situation of market, and also News about Trump illness (Corona) witch affect all USA and Crypto markets we clearly can say NEO will be down to 16 support line at least!!!
16$ can be a good price for buying and entering the market, pay attention to Fib I drew on chart for more help...
LIKE - CM - Follow please :)
NEO/USDT 12h (Binance Futures) Big ascending channel breakdownNeo is looking for further retracement, I expect it to continue falling inside that smaller channel.
Current Price= 18.818
Sell Entry= 18.971 - 19.791
Take Profit= 17.477 | 15.481 | 13.716
Stop Loss= 20.910
Risk/Reward= 1:1.25 | 1:2.55 | 1:3.71
Expected Profit= +19.64% | +40.24% | 58.46%
Possible Loss= -15.78%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 720h