NEOBTC
NEO entry point
NEO has spent Q3 consolidating around $17 while creating a potential bullish December setup.
The price is currently consolidating above a key monthly level and under the December open - a scenario that can often precede a bullish month. Multiple EMAs have also created a bullish crossover during the last two weeks, possibly setting the stage for a new trend.
Relatively equal highs near $19.32 provide a first target for any intra-week pumps. The second series of relatively equal highs near $21.829, along with a third target at the $25.859 swing high, provide reasonable targets if a bullish trend kicks off.
NEO/USDT long term view (elliott waves)NEO / USDT
🌟 TECHINCAL ANALYSIS🌟
LONG TERM
according to elliott waves and my drawing
We now on 2nd impluse wave (yellow)
May be correction not ended yet
but once we started on wave 3 the pump will be crazy
This view for long term only
For entery (buying) must look at lower time trames
And see local bullish signs
Please have a plan before trading and don't trade blindly
Good luck and happy trading 🌹
Is NEO making a bearish megaphone?Looks like NEO ( BINANCE:NEOUSD ) will retest the previous support, between $4.5 and $7.5 (look at Red box), completing the bearish megaphone, and if the bearish megaphone breaks to the lower side, then it will retest the previous support below that, of $1.89.
Do you agree?
Leave a comment and a like!
Good luck
Neo/usdt falling wedgeNeo /usdt
Forming falling wedge and in downtrend since last 19 September
It can drop and retest horizontal support area below or trendline support and then rebounce
But best buy area is after break trendline resistance
Wait patiently and you can buy after break or retest of trendline resistance
Good luck and happy trading
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Thanks all
Here I go short on NEO and NEO will go downHere I go short on NEO and NEO will go down. The price is testing the major support, so now I go 5x short and the bearish breakout will start. And NEO will go down. See you down there
I'm already upadating the last shorts and they're playing out very well so far
Doge hit -20% so far
Qtum hit -20% so far
Ethereum Classic hit -20% so far
Bitcoin Cash hit -35% so far
Basic Attention Token hit -20% so far
Algorand hit -25% so far
Stellar Lumens is -5% so far
Always shorts against Bitcoin on Bitcoin pair so that we can profit while longing Bitcoin (I also shared a long on Bitcoin recently)
I always share a weekly chart. Manage the risks on lower time frames by using a resistance on lower time frames as reference and placing a target or walking stops down on lower time frames.
Happy trading
Could Neo be ready for a bounce?This pattern is almost perfectly symmetrical - it took 40 days to reach the top (140% rise) and now we are on day 79 for almost an 100% retracement (30% away from start of run).
There are a mix of signals here:
On the positive side we have
A bullish divergence with RSI into an oversold position.
Stoch & MACD looking ready to reverse
A Support (dotted purple line) in perfect inlinement with a FIB level.
Lowering volume on a decending trend shows less people selling.
On the negative side we have
Under all Exponential Moving Averages
Been weak the last 39 days
I would like to see a reversal price action signal.
If it is to bounce here - a target of 0.382 on a reverse Fibs where it is located now would be 30% (0.001715btc)
NEOBTC, The most clear entry point!If the price will approach the Support zone sharply we should look for an accurate Buy entry above it.
It falls a lot of time and the correction can be huge!
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thank you very much and thank you to the responsive commentators for their understanding.
I spend my personal time tracking the market situation and share my opinion openly with you.
NEO - two potential paths to victoryI have a lot of love for NEO from the 2017 era and with NEO 3 coming in 2021, very bullish on this project.
Managed to pump even at a time that older projects were suffering, embraced DeFi and now exploring other areas including file storage.
Fundamentals are good and the project still has a lot of goodwill from the famous epic pump during the first rebrand.
So I think this one will soar when we finally get a legacy alts season. I think these are the 2 likely levels where we see a springboard up to these resistances.
I'll keep monitoring the chart and expect one of these paths to bear fruit.
Neo NEOUSDT - Bearish Head and Shoulders (Daily)- Massive head and shoulders pattern is currently forming on Daily chart
- The main Trend line is also broken on LOG chart
- The price is below 20 moving average
- This formation is bearish and we can expect lower prices in the future - my target is around 10 USD
- If you use Volume Profile (Fixed range), you can see a good support level around 10 USD (Point of Control)
If you want more of these ideas, please hit the like button and follow me, so you don't miss any update!
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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
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