NEO
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
NEO - Double bottom pattern + bullish channelWe are currently moving within this channel, with a very big bounce potential to the upside. There is a previous swing low, established last time and it is very unlikely, that we break this level on the first time. I would target 0.618fib level as a profit target.
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NEO.BTC (Y20.P4.E1).Macro.Looking when to go longHi All,
I'm going to do a few of these charts today and I'm not afraid to be wrong.
For now, this NEO chart makes sense, based on fib. levels, trend lines and formations.
Its not a trading advice but a means to plan for the shorts and where to go long.
NEO.BTC overview, inverted barr structure
Please give me a like or tick for this post.
Cheers,
S.SAri
ZIL.USDT
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STORJ.USDT, the one that got away, a beautiful bottom setup which I overlooked.
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LINK.USDT
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[$NEO] Don't sleep on the chinese $ETHHello everyone,
Hope everyone OK !
Some analysis on the Chinese $ETH , $NEO is becoming more communicative on their new DeFi projects with NEO3.
Some a technical point of view, there is a really good signal at the moment wiht this set up : Price above Cloud , Tenkan & Kijun following the new trend & finally the Laggin Span pumping out of the cloud on the Daily.
3D TF we hit the SSB ( upper band of the bearish Ichimoku Cloud)
Volume are coming in and more NEO community, more the PA will move ;) It's a new turn at the moment for really good altcoins project !
TOP50 altcoins marketcap is reversing strongly vs. $BTC.
$NEO is clealy painting a new cycle after this long bear market with slow congestion. Accumulation last more than 1 year and half ! Let's go out this zone and rock resistance !
Keep on eye on it :)
NB: It's not a financial advise ;)
Trade safe , Stay safe
PEACE
NicoDonCrypto
Two buy opportunities on this chart for NEOBTCMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00173).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.00199
TP2= @ 0.00213
TP3= @ 0.00232
TP4= @ 0.00252
TP5= @ 0.00274
SL= Break below S2
---------------------------------------------------------------------------------------------------------------------
Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00180).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC 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 73.
Take Profits:
TP1= @ 0.00199
TP2= @ 0.00205
TP3= @ 0.00228
TP4= @ 0.00245
TP5= @ 0.00273
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn !
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Two buy opportunities on this chart for NEOBTCMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00173).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.00199
TP2= @ 0.00213
TP3= @ 0.00232
TP4= @ 0.00252
TP5= @ 0.00274
SL= Break below S2
---------------------------------------------------------------------------------------------------------------------
Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00180).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC 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 73.
Take Profits:
TP1= @ 0.00199
TP2= @ 0.00205
TP3= @ 0.00228
TP4= @ 0.00245
TP5= @ 0.00273
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 you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️