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NEOBNB

NEO/BTC (Daily Bear Flag?)💎Technical Analysis Summary💎 BINANCE: NEOBTC -After a few days of consolidation within a small range -NEO is starting to make a move again -And the direction is going down -This might be a potential Bear flag confirmation -If the daily candle closes below its local support area -The downside target is down to 1300s sat area A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
10
NEO/BTC (Bearish Pullback?)💎Technical Analysis Summary💎 BINANCE: NEOBTC -After the dump last September 21, NEO pulled back -And tested previous support and 50MA -This area is now turning new resistance -It is also forming a Bearish rising channel -Candle body below trendline support will confirm sell -Downside target is 1600 sat area `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
5
NEO/BTC (Old Support>New Resistance?)💎Technical Analysis Summary💎 BINANCE: NEOBTC -After the price broke the trendline support -NEO pulls back to test the old area, it is now turning resistance -The previous support also coincides with 50ma dynamic zone -If the Bulls can't pass 2100 sat above and consolidate -The Bears may enter the market and send the price lower -The downside key targets is around 1600 sat `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
4
NEO/USDT (Bearish Channel Confirmed?)💎Technical Analysis Summary💎 BINANCE: NEOUSDT -NEO broke the rising channel to the downside -Which by Technical, it is a Bearish pattern most of the time -We can see an engulfing red candle followed with a big spike in sell volume -This is a strong indication of the massive amount of NEO sold at the market price -Well, we know BTC is also breaking to the downside causing Alts to follow down -But NEO is highly affected or the most weakness against the USDT pair -If you have a position since the rally from 16 dollars to 25 dollars -Be sure to take profit and move stop loss at key levels -If you are looking enter a Buy order, wait for the price to test the major support at the $15 range `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
5