NEOBTC
NEO more downside maybeNeo has been the easiest alt to trade lately. I was so unfortunate to close my short early because I was not confident and then bitcoin lost all its support like there wasn't any. Anyway the current formation looks like a bear flag and I think 7.30 is a good entry. As you can see there is lots of overhead resistance. My Stop loss is 7.43. Good luck.
NEO ANALYSIS: LONG THE DOUBLE BOTTOM SUPPORT!NEO ANALYSIS:
NEO broke thru temporary support and flipped very bearish. The free fall is expected to be coming to an end upon one final dip into the support zone. This support is the ideal entry for a LONG position. Key entry is from 888-997 sats. RSI And Stoch daily looks bottomed, volume showing sellers exhaustion. An expected rally up to 200MA is bound. Look for a long bounce up to T1 at 1094 and T2 at 1164 sats. This will be a key spot at the 200MA. A rejection means further downside incoming and a triple bottom. A break above T2 is bullish longer term. Move stop loss up in this situation and see how the reaction comes at T2.
Possible Entries: 888-997 sats
NEOBTC - Strong Hidden Bullish RSI Divergence [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
We can see the price making a higher low, whereas at the same time the RSI is making a lower low. This is a bullish continuation pattern where the divergence indicates the end of a temporary retracement in an overall uptrend. This could be a great moment to buy NEO and enter a coin that just started a strong uptrend.
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NEO/BTC - Divergence to the level. Returning to the level will be a signal to buy.
You can hide the stop by the mirror level.
Pluses to long:
Divergence to the level.
The vertical volume shows the player.
Bitcoin dominance drops
The purpose of the trade is to test past support levels
Friends, thanks for your likes and comments!
Good luck with trading!
NEOBTC: Keeps fallingI decided to see a couple of alts and they all look so bad.
NEOBTC , for example, fell below 0.001 BTC and shows no sign of a reversal. And with current sentiments it easily could drop another 15-20%.
Last support was near 0.000850 BTC
Information is just for educational purposes, never financial advice. Always do your own research.
NEOBTC | ABCD and triple bottom strong supportPreviously we analyzed NEO in accordance of USDT quote currency, unfortunately the position was strongly correlated with Bitcoin price action. In current market condition we received a confirmation of sustainability of NEOBTC in the mid-term
From a technical sign we have a strong buy signal because of completion of ABCD pattern and formation of triple bottom which stands now for a strong support of ascending trend
NEO is very oversold and its market value are much lower than real intrinsic price thus there is a good fundamental background for this position
We recommend to accumulate NEO and use amount you accumulated with USDT quote currency for middle term holdings
Entry price, target levels and stop loss are in the settings of automatic premium signal
NEO/BTC TA Update (more downside?)NEO/BTC
NEO is on a strong downtrend as the price broke the important support at 1200 sats area.
Since there is not enough consolidation during the uptrend last Oct 2019.
Expect the price to waterfall drop back to previous support or consolidating last Aug-Oct 2019.
The market is full of fear and catching a falling knife today is not a good trading strategy.
Be patient and wait for the whole market to cool-down and find its true value.
!!! ATTENITION: NEO DROPPING TO 7,5$/NEO/BTC PRICE FORECAST Hi guys,
Neo gained solidly so far.
We've seen how strong NEO held while being strongly opressed by Bitcoin.
Now, new has double bearish daily crossover (marked on a chart), so along with Bitcoin, will sink from this instace.
Either open shorts or simply go to USD untill Bitcoin pressure is done (expecting Bitcoin drop to 9150$), therefore Neo should drop massivly and all of a sudden (as B does).
It also peaked on weekly on Stoch RSI and its on a weekly bearish cross right on the top.
Oversold.
Techical side along with RSI, STOCH RSI, MACD and MA and EMA's confirm bearish moomentum (temporarily), but imminently.
Drop levels should be :
1. Clearing your position now.
2. Rebuy NEO at 10.40$
3.Rebuy NEO on 10.30$
4.Rebuy NEO below 8$ and ride it to HH (20$+) previous high
Good luck and feel free to upvote an analysis if you find it useful or share your thoughts on it.
Thanks for reading.
Good luck guys.
NEO long term rising wedgeNeo has formed a rising wedge, this is a bearish continuation pattern unfortunately.. However this may lead to an inverse H&S, eventually. Short term profits can be made while price is within the wedge, but overall long term the chart pattern is bearish, however the longer term outlook is pretty bullish if you are a dedicated hodler. Short term a rejection may occur at 50MA.
NEOBTC H&S + VOL for quick short Look at that beautiful H&S , VOL/SQZ & RSI. What a sight to see for all you lower EMA Forex traders out there.
I ’ll keep this one short and try to publish later some sort of update but with the classic trendline pattern we are seeing now is in direct correlation with the fundamentals of a classic H&S TO neckline so that would make 1368s the ideal TP 1 with 1379 the pivot / support.
Read carefully everyone and treat everyone as you would like to be treated.
It’s already cold outside and with the cold world no need to be just as cold. Fucking reptiles over in the city make me miss Miami/LA (I’m from here for FFS)
As always Stop limit is the number one priority
— The past hour long we got phenomenal news about South Korea just as we did about France yesterday looks like they’re both acknowledging crypto as currency so I said it first I think back in 2015 (Re-tweeted recently) that 2020 would be the year of integration :)
Disclaimer
Note : T his is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
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NEOUSDT: Buying a pullbackLonged Chinese Ethereum targeting resistance ~ $13
If you take a look on the chart you'll see that NEOUSDT is very often has a buyback on a daily from the current zone ($10.5 - $11).
Information is just for educational purposes, never financial advice. Always do your own research.
NEO Break up or down? Ascending triangle|Structural Resistance Evening traders,
Today’s technical analysis will be on NEOBTC which is testing its critical structural resistance that needs to break for a bullish bias
Points to consider,
- Structural resistance in confluence with .382 Fibonacci
- Respecting ascending support line
- RSI testing its resistance
- Stochastics in lower high projections
- Volume clearly declining
NEO is testing an important level where a break will negate key technical indicators and change the overall maker structure.
The Ascending support line that is being respected puts emphasis on a probable ascending triangle as NEO puts on consecutive higher lows.
The RSI is near its apex where it must break its resistance for a bullish bias. Stochastics is currently neutral with stored momentum in both directions, it is however trading in a lower high projection.
The volume is clearly declining signalling that an impulse move is imminent, which is true as NEO is in a trade location.
Over all, in my opinion, NEOBTC is probable to break structural resistance, it needs to close above with a retest to confirm an S/R flip.
What are your thoughts?
Please leave a like and comment
And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.”
― Yvan Byeajee
NEO Symmetrical Triangles?A symmetrical triangle has formed between trendlines on the NEOUSD pair. This is a bullish symmetrical triangle as the first impulse wave was bullish which upon breakout of the triangle will lead to a second wave. A few H&S patterns can also be identified but I haven't listed these as their impact on daily charts is minimal.