NEO - Looks ready for TAKEOFF!!! Neo bounced nicely off the 50%FIB level back on the breakdown from the channel and has since bounce off the demand zone and is trying to make its move back up to the supply zone around the 1.618%FIB at $19.50. There is a resistance spot around $19 before getting up to the supply zone but RSI looks like it could be coming down after getting near resistance.
While MACD histo has turned positive and the signal line just recently crossed over bullish and could spell for more upside in near future. A small pullback here to reset the RSI could help fuel a move higher later on so something to watch here.
Thanks guys!
Neobitcoin
There is a possibility for the beginning of an uptrend in NEOBTCTechnical analysis:
. NEO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue .
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.002600 to 0.002000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.002600)
Ending of entry zone (0.002000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00329
TP2= @ 0.00364
TP3= @ 0.00470
TP4= @ 0.00560
TP5= @ 0.00640
TP6= @ 0.00740
TP7= @ 0.00963
TP8= @ 0.01110
TP9= @ 0.01200
TP10= @ 0.01400
TP11= @ 0.01520
TP12= Free
There is a possibility for the beginning of an uptrend in NEOBTCTechnical analysis:
. NEO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue .
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.002600 to 0.002000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.002600)
Ending of entry zone (0.002000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00329
TP2= @ 0.00364
TP3= @ 0.00470
TP4= @ 0.00560
TP5= @ 0.00640
TP6= @ 0.00740
TP7= @ 0.00963
TP8= @ 0.01110
TP9= @ 0.01200
TP10= @ 0.01400
TP11= @ 0.01520
TP12= Free
There is a possibility for the beginning of an uptrend in NEOBTCTechnical analysis:
. NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00253 to 0.00183). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00253)
Ending of entry zone (0.00183)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00317
TP2= @ 0.00364
TP3= @ 0.00470
TP4= @ 0.00560
TP5= @ 0.00640
TP6= @ 0.00740
TP7= @ 0.00963
TP8= @ 0.01110
TP9= @ 0.01200
TP10= @ 0.01400
TP11= @ 0.01520
TP12= Free
There is a possibility for the beginning of an uptrend in NEOBTCTechnical analysis:
. NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00253 to 0.00183). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00253)
Ending of entry zone (0.00183)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00317
TP2= @ 0.00364
TP3= @ 0.00470
TP4= @ 0.00560
TP5= @ 0.00640
TP6= @ 0.00740
TP7= @ 0.00963
TP8= @ 0.01110
TP9= @ 0.01200
TP10= @ 0.01400
TP11= @ 0.01520
TP12= Free
A trading opportunity to buy in NEOBTCTechnical analysis:
. NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
. There is a valid and clear divergence in the price chart so the probability of the beginning of uptrend is increased.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the support zone (0.00390 to 0.00310), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00390)
Ending of entry zone (0.00310)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00470
TP2= @ 0.00560
TP3= @ 0.00640
TP4= @ 0.00740
TP5= @ 0.00944
TP6= @ 0.01110
TP7= @ 0.01200
TP8= @ 0.01400
TP9= @ 0.01520
TP10= Free
A trading opportunity to buy in NEOBTCTechnical analysis:
. NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
. There is a valid and clear divergence in the price chart so the probability of the beginning of uptrend is increased.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the support zone (0.00390 to 0.00310), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00390)
Ending of entry zone (0.00310)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00470
TP2= @ 0.00560
TP3= @ 0.00640
TP4= @ 0.00740
TP5= @ 0.00944
TP6= @ 0.01110
TP7= @ 0.01200
TP8= @ 0.01400
TP9= @ 0.01520
TP10= Free
NEO 30% gain easy no BS enjoy I wanted to post this chart yesterday but Tradingview reloaded and I didn't had time anymore So it today.
This is a easy 30% trade, 1D macd crossing and starting ticking to the positive side => bullish that's everything I need to see to buy.
I expect this trade take a few weeks to play out.
don't forget to take profits on the way up and reload lower = more coins = more profit in the end :)
still a buyzone imo 2.85% , but in case you are wrong, set stops don't get rekt !!
like, follow and share
It doesn't cost you anything :)
good luck
DISCLAIMER:
The Legal stuff - I'm not a financial adviser.
NEOBTC Bittrex 1D up to 21MAY18 Crypto Trading Analysis (TA)BITTREX:NEOBTC
1D Chart, also works on 4H, at this time NEO (NEO) has been resting over SUPPORT ZONE 1 (SZ 1) since May 17, gaining strength to move towards RESISTANCE ZONE 1 (RZ 1) around 0.008BTC. The 50, 100, 200 MA, and the MACD Indicators are aligned into an ascending piercing movement (Green Arrows) and the Stochastic RSI Index already crossed up the 20 mark (Racing Flag), we could spect the NEO price to move upwards in the next hours. But remember, this is our optimistic approach, keep in mind that is plenty of possibilities to witness a reverse from any point at any time. At this time the Market Cap is struggling on the 388 Billions and BTC has been trying to break the $8.5K ceiling for two days now. Good Luck!
1D Chart, también funciona en 4H, en este momento NEO (NEO) ha estado descansando sobre SUPPORT ZONE 1 (SZ 1) desde el 17 de mayo, ganando fuerza para moverse hacia RESISTANCE ZONE 1 (RZ 1) alrededor de 0.008BTC. Los indicadores 50, 100, 200 MA y MACD están alineados en un movimiento cruce ascendente de sus señales (Flechas Verdes) y el índice estocástico RSI ya cruzó la marca 20 (Bandera de Carreras), podríamos esperar que el precio NEO se mueva hacia arriba en las próximas horas. Pero recuerde, este es nuestro enfoque optimista, tenga en cuenta que hay muchas posibilidades de presenciar un retroceso desde cualquier punto en cualquier momento. En este momento, el Market Cap está luchando por superar los 388 Billones y BTC ha estado tratando de romper el techo de $8.5K durante dos días. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
A new trading opportunity to buy. TP2 hit with 17890 profit...NEO/BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line (0.0078), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 8 BUY trade(s) @ 0.007034(day close price) based on reversal candle (Valley) at 04.08.2018.
Total Profit: 17890
Closed trade(s): 4132 Profit
Open trade(s): 13758 Profit
Closed Profit:
TP1 @ 0.008500 touched at 04.13.2018 with 1466 Profit.
TP2 @ 0.009700 touched at 04.29.2018 with 2666 Profit.
1466 + 2666 = 4132
Open Profit:
Profit for one trade is 0.009327(current price) -0.007034(open price) = 2293
6 trade(s) still open, therefore total profit for open trade(s) is 2293 x 6 = 13758
All SLs moved to Break-even point.
Take Profits:
TP3= @ 0.0110
TP4= @ 0.0120
TP5= @ 0.0138
TP6= @ 0.0144
TP7= @ 0.0152
TP8= Free
Technical analysis:
Neo/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 61.
NEO WATCH THE MOVEMENT!Neo another strong altcoin and a successful Blockchain project which has approved breakout after finishing lower bottoms trend, the next stop is 0.01 BTC. Buy-in price range- 0.082-88 btc. Stop loss at 0.079 btc.
Since Bitcoin has been bullish past days there are a lot of opportunities in the market however make sure you watch the Bitcoin price, if Bitcoin goes bearish I would strongly recommend to stop loss on your altcoin trades as Bitcoin being bearish means thus the whole market is so watch the BEARS!
Good luck traders!
NEOBTC , weekly update:Total profit 9901 in 4 days.!NEO/BITCOIN
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (0.0069 to 0.0058), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0069)
Ending of entry zone (0.0058)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 8 BUY trade(s) @ 0.007034(day close price) based on reversal candle (Trough) at 04.08.2018.
Total Profit: 9901
Closed trade(s): 1466 Profit
Open trade(s): 8435 Profit
Closed Profit:
TP1 @ 0.008500 touched at 04.13.2018 with 1466 Profit.
Open Profit:
Profit for one trade is 0.008239(current price) -0.007034(open price) = 1205
7 trade(s) still open, therefore total profit for open trade(s) is 1205 x 7 = 8435
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.0097
TP3= @ 0.0110
TP4= @ 0.0120
TP5= @ 0.0138
TP6= @ 0.0144
TP7= @ 0.0152
TP8= Free
Technical analysis:
Neo/Bitcoin is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 55.
I show you how deep the rabbit-hole goes - NEOHello, and welcome to my first analysis on NEOBTC !
FYI: SKIP TO THE END IF YOU JUST WANT TO READ THE ANALYSIS...
First, for those who do not know, what is NEOBTC ?!?
NEO is often considered China's response to Ethereum, and is China's first ever open-source blockchain. Its platform facilitates the development of digital assets and smart contracts. The platform uses two different tokens which are NEO and GAS. The NEO token represents the ownership of the blockchain and when you hold NEO in your wallet you will be rewarded with GAS. GAS tokens give you the right to use the NEO blockchain and is the fuel that powers transactions in the NEO system. This is what makes NEO so different in the fact that it has a two-tiered system of NEO and GAS. Although GAS can be bought and sold on exchanges, users typically buy NEO tokens to represent their stake in the future of the platform. ALSO, their use of smart contracts which really sets NEO apart is a whole chapter in itself so you will have to read up on that one on your own!
So essentially you can simply buy NEO and you will be paid dividends in GAS.
Whats next for NEO??
Well, one advantage is that while the Chinese government has distanced itself from the cryptocurrency world it has simultaneously embraced the NEO platform. This has the potential to both legitimize the platform while alienating it from the western world. SO, the future is very much still in the air and a lot remains to be seen.
ALRIGHT, ALRIGHT, ALRIGHT... ENOUGH ABOUT THE PLATFORM... (seriously though, read up on this one and the smart contracts)
WHATS IN THE CHART!!
Looking at the chart we can see a symmetrical triangle that is forming and we are currently touching the support line. I would like to point out some similarities that have formed on the ROC, RSI, and MACD in the past and are potentially forming AGAIN as I write this.
Specifically, on 2/6 and on 2/22 we see that the RSI broke below the 30 mark signaling we are oversold, the ROC had touched a low and began turning up, and the MACD was falling but turned and crossed. ALL 3 of these happened within the same time frame (which I highlighted in red).
2 out of these 3 are currently happening as I write this! The RSI has dipped below 30 and is starting to turn up, AND the ROC is low and is beginning to turn up.
SO, what do we need to see. We need to see the ROC pass the signal line (0), AND we need to see the MACD turn up and cross. As of now, we are finding support which is good HOWEVER if we do not see these signal repeat like before we could see NEO fall to the 2nd support line I have draw.
The next movements are critical for NEOBTC to see what happens. Lets pay close attention to these and we will know exactly what will happen. IF you wanted to take the risk now would be a good time to buy with setting a stop loss just below the current support line. Personally I would wait to see a confirm breakout... watching and waiting for the signals to know where we are headed.
Any and all comments are welcome!
Happy Trading :)
Much Love
DustyPH
***This information is not a recommendation to buy or sell***
*Please leave a comment and let me know what you think!
There is a good opportunity for long-term trades in NEOBTC!!Trading suggestion:
There is possibility of temporary retracement to suggested support zone (0.00962 to 0.00815), if so, traders can set orders based on Daily-Trading-Opportunities (Priace Action) and expect to reach short-term targets.
.Beginning of entry zone (0.00962)
.Ending of entry zone (0.00815)
Take Profit:
TP1= @ 0.0123
TP2= @ 0.0144
TP3= @ Free
Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 71.
.Current short-term is uptrend and continuation of uptrend is expected..
NEO ForecastMarket is currently down due to BTC downtrend. NEO coin is currently on a discount :)
Price should bounce on resistance line (12,000) and reach an all time high. There is also a possibility that bounce could occur on alternate resistance line at 11,000.
Buy range: 11,000 - 12,000
Events:
17 January 2018 - Blockchain Revolution
25 January 2018 - dApps Competition Opens
26 January 2018 - Blockchain Conference
By 31 January 2018 - DevCon Conference
Busy month for NEO coin. Expect plenty of dips.
This is not an advice, always do your own research.
$NEO / $BTC. 1D Long. EMA Support. Positive User Sentiment.We have $NEO crushing the EMA on the 1D, expect new yearly highs as the NEO blockchain looks to set the standard in 2018.
With QLC, DBC, RPX leading the charge, APEX is soon to be available for crowdsale; all tokens within the NEO Blockchain are setting the standard on what cryptocurrency technology is capable of achieving.
The chart trend here is bullish, but beyond Chart Analysis, the META here speaks volumes.
Target $120, with a push through to $140 -> $150.