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NEOBTC

NEO - GAS correlation, which one to buy for the long term?As seen on both charts the correlation between NEO/BTC and GAS/BTC is significant. GAS tends to follow NEO movement but with amplified percentage change both on the upside and downside. It looks like we have established a bottom with very low volatility and stable price action. A typical pattern which we see in BTC as well right now when speculators are surrendering to long term buyers. GAS would most likely give higher return when NEO starts moving up!
Long
by Fediculous
$NEO #NEOBTC Technical Analysis - Day Trader ExplainsHello Lads and ladies, Today we will be looking at NEOBTC, requested by myself this time, since I saw this amazing opportunity on NEOBTC, I thought I have to let everyone know and follow it myself. So to start off, today TA is not very hard to do and should be obvious from the second you look at it, therefore we will immediately start with it. Looking at NEOBTC we see a big downtrend channel, respecting both downtrend resistance and downtrend support even with the exact angle. Now finally like many other coins NEOBTC has come down to its very bottom. Nevertheless, we see that it is going extremely flat and confining its support very very clearly. Which in this case would mean that we have a strong support and the price is at this support. Having this type of trade set up provides one with almost the BEST Risk Reward Ratio because the trade would be invalid if NEOBTC breaks its support, yet the losses compared to the possible earnings are very very small since the price is at the very bottom. The NEOBTC chart here is even on the daily chart and seeing such a flat movement on the support means most of the time a big accumulation and then being followed by a very nice breakout and pump. This increase in buying can also be seen while looking at the increasing RSI,yer really flat chart. This once again means a bullish divergence with an increasing chance of a breakout. Based on the pretty obvious TA above here is how I will make my own trade. NEO/BTC Bitfinex BUY 2570 - 2550 - 2525 - 2500 - 2495 - 2375 Targets 3369 - 4510 - 5722 - 6706 - 7904 - 8845 STOP LOSS CLOSE below 1800
Long
by KongTrading
2
Weekly Analysis - NEO BTCHello guys I'm starting a weekly analysis on the top 10 marketcap cryptocurrencies, to stay updated and practice. Here is for NEOBTC. NEO is looking like it is about to bottom out, so it might be a great buy opportunity for a swing trade. However on the 4H chart we see a descending triangle which is a bearish sign. Also for such a rally like in december 2017 to happen, I would like to see volume going up more than that. So right now, I'd be patient untill we break out of this trangle, while keeping on eye on Volume. That's all for today. I might update this idea in the next days so you should follow me if you don't want to miss it :p Feel free to comment your opinion and thoughts ! ------------------------------------------------------------------------------------------------------------------------- My WebSite - Automated Strategies with Backtest and Alert Setup Accepting commissions : TradingView pinescript development, reverse engineering
by cyatophilum
NEO can move higher#NEO 1d Currently it demonstrates a good level for building upward movement. The market has been following a downtrend for a long time, and more recently has found its support and went sideways. The recent lows act as a support, the breakdown of which with a high probability will direct the market to a further decline, but if we continue and continue to gain volume, then the asset has good chances to touch the upper edge of the formed side channel. In the medium term, we can consider a level of around 3000 as the main goal. As you can see on the 1-day chart, then we are met by the resistance of a long-term downtrend, the breakdown of which should be accompanied by a correction and a subsequent set of growth, and a long-term goal can be considered a level of about 5000.
by CryptoWolfsTrust
1
NEO looks good heading into resistance! After falling off the ledge from $18.30, NEO has bounced nicely off the $15.50 demand zone. After the drop, we consolidated for a few days but Mondays spike up has continued to bring upwards momentum as we try and fill the wick. EMAs have leveled off and the fast-moving EMA is starting to curl higher and price using it as support as well. We are confined inside the triangle and the supply zone coincides almost perfectly with the trendline & the dynamic trends resistance dots. As long as we stay above the EMA and volume comes in as we approach and test resistance, we could possibly break through and test the $22 area. Thanks guys!
BITFINEX:NEOUSD
by CM_Trades
NEO, shall it be the Blue Pill or the Red Pill?Neo, the time has come for you to decide. Will you take the blue pill (happiness and security for all) or will you take the red pill (brutal truth). The hour is upon us. If NEO decides to take the blue pill then targets would be 0.0036 - 0.004 Btc. On the other hand, if NEO takes the red pill then we stay in wonderland and I show you how deep the rabbit hole goes. (Not a profitable short trade) Remember, All I'm offering is the truth and nothing more. Now to the technical aspect of the chart: We have been in accumulation phase for the best half of two months. Since we are at such a stage, the downside seems to be very limited whereas the upside has much much more potential. Fundamental Aspect: Apparently there's a Super Fork on the 10th of November. This to me sounds like a great Fundamental setup since no one is talking about it yet. Let me show you the consequences of both scenarios: With the blue pill, we shall either skyrocket from here on out or we shall drop down one last time into the liquidity pool and take out most stops. With the red pull, we creep lower and stay down. The Risk to Reward ratio supports the long side (Blue Pill). Also it is to be noted from my first NEO analysis, it has lost over 85% of its value as I predicted at every turn. Now my play shall be to buy in 50% in the first green box and leave the other 50% for the slight chance of a stop hunt. As Morpheus would say, “I'm trying to free your mind, NEO. But I can only show you the door. You're the one that has to walk through it” ________________________________________________________________________________________________________________________________________ I'm not your Financial Advisor and this is not to be construed as Financial Advice but I can be your Legal Advisor if you can afford me.
Long
by ShounakShetty
1
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 45. . While the RSI downtrend 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
Long
by ForecastCity
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 45. . While the RSI downtrend 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
Long
by ForecastCity
1
Nice trade opportunity on NEO/BTCWe all know that the altcoin market is very oversold and it is only a question when the smart money gets in - if it didn´t already. Right now we can see a very good swing trade setup on Neo in pair with BTC (and USD as well). Neo is currently sitting on a huge support, so we are trying to get into the trade now or somewhere in the orange zone of liquidity pool. If you buy now, there is a 1:9 RRR. The SL should be set on 0.00228. TPs are marked by green horizontal lines. Anyway, even if SL is triggered, I don´t see this idea invalidated until we hit 0.00178. That is the point where the market is in serious trouble. Size of the position should be rather small, this trade gives possibly really nice gains. Please, don´t forget to like and follow if you like my ideas Have fun!
Long
by Blockspacecz
NEO showing Bullish Divergence on the RSI and on the Stochastic.NEO/BTC is showing bullish divergence on the 4-hour RSI and the 4-hour Stochastic. CMF is also on a support it has tested 3 times prior, so it could start turning upwards as well. NEO/BTC came down to retest it's previous bottom around 2370-2390, and formed a tweaser bottom reversal pattern on the 1-hour chart, so we could be set to see higher moves. Good risk/reward on this play so long as Bitcoin can remain steady. Entry: 2450-2475. Target 1: 2550 Target 2: 2700 Target 3: 2800 (Tight) SL: 2380 (Right below the tweaser bottom reversal we formed on the 1-hour chart.) (Loose) SL: 2330-2340 (Below the double bottom support.) --This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
by Deftsuo
1