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NEOBTC

NEO in a Bullish pattern! 📈Hey, I am back with another Analysis, this time looking at NEO. So a week ago I made a big analysis on NEO/USDT Where I have stated that when NEO Breaks 20$, it should be a ride up to around $30 before first good correction. So the price have broken the $20 level, and it's still breaking out. I am in since 18.5$. Currently the price of NEO is in a falling wedge which is a bullish pattern. Indicators. EMA's = Uptrend. RSI = Found bottom MACD = Seen strong and currently is in weak selling wave. There can a retest of $20 which would be the tip of the wedge. Good luck with this trade! First resistance is $23. Cheers, Tibor
Long
by TiborVrbovsky
NEO: Testing Resistance. Looking to go Higher?NEO has been on a subtle, yet powerful upward movement in the price for the past few months. With $20 being a major psychological level and Fibonacci levels acting as clear support/resistance, this set-up is interesting. Look for a breakout of the $21 level leading to higher highs. If rejected look for lower FIb levels as support zones. 80/20 trade. Of course, Bitcoin is king and must be respected/watched. If BTC continues to show strength NEO's breakout odds increase & vice-versa.
BINANCE:NEOUSDLong
by BitInfo12
NEO Has Potential to make over 150% Profits! In Depth Analysis.Hey, I am back with another Analysis, but this in more depth looking at NEO/USDT . So as you may know, many altcoins are breaking out as we are currently in the alternative coins season. But, do you know how to enter, or spot the breakout before it happens? Cryptocurrencies makes this very simple in the alt season. Why you ask? Let me explain. The alpha and omega of catching a breakout in alt season is for the price to break major resistance area, or even be testing because currently there resistance areas are very likely to be broken. So you can either buy the breakout, or buy in the resistance area. The reason alts are going so crazy right now is because of Bitcoin's high dominance that is seeing a correction. Just look at any xxx/BTC chart and you will see how much they are undervalued. Let's for example look at ICX , the chart looks very much alike NEO chart. The price has broken resistance level of 0.4380$ and price has popped like crazy! This is a thing you have to search for in charts these days, not fomoing into a Coin that has already seen over 50% move.. Another example, VET. I could find way more coins that have made similar breakout, but that's not the point here, look on BAT on yourself and try to spot the resistance area and breakout. I hope you understand my point, now let's continue with NEO. 4H time frame As you can see, we have a lot of bullish confirmations such as. - Riding a 50 EMA - Bullish divergence - Strong uptrend channel with volume.. Daily time frame has also a bullish divergence and RSI made a higher low also! And now looking at current chart, weekly. Again, very bullish RSI, MACD and a possible Elliott wave indicating a 150% move! And that's it, don't forget to follow not to miss on updates and future Crypto analysis, there will be much more in this Alt coins season! Cheers, Tibor
Long
by TiborVrbovsky
3
🎯 In My Dm's Asking for a Request? Here you go! | NEOUSDTBias: 🔞 This is a requested chart done for one of my supporters and simply highlights this current price action structure and how this could continue from this support range up to what is the next nearest resistance ranges to keep in mind. On the flip side if we head down much lower seeing anything lower than S2 would be very detrimental to the current bullish market structure. Stay safe with Alts during this massive Bitcoin volatility. Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- 1h Support: S1: This clustering contains two Orderblocks left from the pump that brought us out of that $10 range. This also has one S/R flip which as it would appear has acted as a point of significance assuming this move does find its short term bottom here. S2: This clustering has two expected S/R flips that are expected to act as a range of significance if we pull back. 1h Resistance: R1: This range consists of the current S/R flip that we pulled back from, regardless of the next move if we have a move up from here this level is likely to see some kind of reaction to it. R2: While this range is not Highlighted by Alpha mapping or Directional Bias, we can't win them all, and such I had to manually plot it. Anyways this range may see a reaction if the price is not able to achieve the R3 range in one fell swoop. R3: This being the most recent significant swing high ensures a reaction here with continued upside price action. To be kept in mind even if you expect a move higher than this level. ----- Here are some significant levels of interest on a higher timeframe to at least keep in mind going forward. Anything lower than S2 is a clear bearish signal and should be considered heavily if currently long if and when that occurs. ✨ Drop a comment asking for an update, we do NEW setups every day! ✨
by AlphaBotSystem
3