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NEOBTC

NEO - Starting to look weak! NEO had a very nice run higher after retesting the 61.8%FIB level BUT failed to make a higher high and starting to show signs of weakness. We are have currently bounced inside the demand zone near the FIB level but seem to be finding resistance at the EMAs. MACD continues to trend lower and signal line has crossed the midline while RSI is still trying to test the resistance, which has failed multiple times over this uptrend. The EMAs are starting to turn over, which can signal the next move lower as previous crosses have shown so a move higher is needed here for bulls to have some hope! Thanks guys!
BITFINEX:NEOUSD
by CM_Trades
NEO (NEO/USD) - Breaks Above The Triangle/Needs More Than ThatNEO has started to show a pretty bullish price action, it has a breakout from the triangle upper trendline and currently, it attempts to do a breakout above the round number $20. NEO has left behind the EMA's plus 50 and 100 EMA's starts to make a golden gross which will indicate that the bull run may continue but currently we have to fight with the strong resistance level. Since Sept. 6 it has tried to break this two times and now is the third time. If it finds that power to bush through (if BTC manages to bush through $6,767 then definitely NEO makes the same move and it breaks above the $20.7) then the next and the minor short-term target would be around $21.5 where is the trendline (bit sloppy but still remarkable) and the next target is around $25. There are the last bigger resistance area and the Fibonacci retracement 50%. From the price structure perspective, this is also an important level, because if NEO' manages to break above that resistance then we have a higher high so, a pretty significant level what You have to watch! Bearish confirmation would be that if we lose the momentum and it can't break above the $20 plus if it drops back below the triangle. This shows that NEO' tries to make breakouts but can't find that power and can't catch those buyers who want to buy higher prices! Hopefully, those levels and this analysis helped You out a little bit to confirm your own analysis! If You want to get deeper analysis and crypto-news then please visit our site, the link is on the profile! Please, don't forget to hit the LIKE button to support us! Best regards!
BITFINEX:NEOUSD
by UToday
1
NEO (NEO/USD) Is on The Major Counter Trendline!Neo is on the major counter trendline (short-term up-trendline) and if the BTC' finds the support from the current Fibonacci level at 62% then NEO' has a pretty good and safe platform to bounce upwards because the price structure forms the higher low! The first target would be around 5% where is the historically strong support and resistance area plus different EMA's starts to work as resistances. The second target would be around 12-15% gain, there are the short term triangle upper trendline and 200EMA. If we don't find that power to climb upwards and the BTC' continues it's dropping then it's a simple case - first bad sign is a close below trendline which currently work as a support and the second confirmation would be short-term lower low close around $16 Hopefully, those levels and this analysis helped You out a little bit to confirm your own analysis! If You want to get deeper analysis and crypto-news then please visit our site, the link is on the profile! Please, don't forget to hit the LIKE button to support us! Best regards!
BITFINEX:NEOUSD
by UToday
1
NEO - Looks ready for TAKEOFF!!! Neo bounced nicely off the 50%FIB level back on the breakdown from the channel and has since bounce off the demand zone and is trying to make its move back up to the supply zone around the 1.618%FIB at $19.50. There is a resistance spot around $19 before getting up to the supply zone but RSI looks like it could be coming down after getting near resistance. While MACD histo has turned positive and the signal line just recently crossed over bullish and could spell for more upside in near future. A small pullback here to reset the RSI could help fuel a move higher later on so something to watch here. Thanks guys!
BITFINEX:NEOUSDLong
by CM_Trades
5
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 44. . While the RSI downtrend in the Daily chart 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 44. . While the RSI downtrend in the Daily chart 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
NEO/BTC 3-Day Chart, Potential 115% Gain (Positional Trade)BITFINEX:NEOBTC PA (Price Action) of this pair, and the crypto markets in general (especially altcoins), is currently quite bullish and we may have found a potential bottom with what looks to be a capitulatory Volume spike. NEO/BTC seems primed to break to the upside after consolidating for a little over a month on top of the Demand Zone @ 0.002650, which is a D3 OB (3-Day Order Block). There is now a RSI Bullish Divergence that has confirmed on the D3 Chart. It also seems to be forming the first HL (Higher Low) since the commencement of this bear market trend earlier this year. Here are some possibilities of where I think price may go next: Bull: (bias) - Break up and test the September High @ 0.003410, which is also confluent with the 23.6% Fib (Fibonacci Level) - If this level is broken, the next key Resistance is the August High @ 0.003990, which is also confluent with the 38.2% Fib - This would be my first TP (Take-Profit) target, where I typically like to scale out about 15% of the position making it essentially risk free - The next TP would be at the July Open @ 0.004817, which is confluent with the 61.8% Fib, where I would be looking to take off another 35% of the position - The final TP would be the range between the January Low @ 0.005260 and just under the Equilibrium of the Supply Zone @ 0.005695, which is confluent with both the 78.6% and 88.6% Fibs Bear: - Break below the consolidation Support around 0.002500 and then goes to the downside to the Demand Zone Equilibrium around 0.002300 before bouncing up from there - If price does indeed break Support, keep in mind that it could find some Resistance around 0.002500, and potentially even test the bottom of the Demand Zone around 0.00200 - This trade would be invalidated if price were to break the December 2017 Low of 0.001859 - If this were to happen, I would need to reevaluate things and wait for a clean setup as the only other Support on this chart is the November 2017 Low @ 0.000050, and I am not one for knife-catching Something to keep in mind is that NEO is strongly correlated with Bitcoin (0.79), so if it were to break the bottom of it's current trading range ($6065), we may see NEO and other alts form a LL (Lower Low) and set new yearly lows. Based on current PA, this scenario seems unlikely but is something to be cognizant of. Where do YOU think price is heading? Leave a comment, preferably with a chart, and let's discuss!
Long
by Crypto_Terminal_Steve
[NEO/BTC] IS READY TO BREAK HIGHER [50-300% PROFIT]#NEO / BTC ( Many exchanges ) Buy Range : 0.0027-0.003 Stop Loss : below 0.002 ( Optional ) Target 1 : 0.0046 Target 2 : 0.0070 Target 3 : 0.0086 Neo is on accumulation phase. After bleed as hell, it seems we finally could find this zone as support. I will be surprised if it lose and break below 0.002 ( only any kind of bitcoin disaster could push the prices lower ) According to some important indicators as RSI and MACD starting to looks very good after touch the base zone. If market turns into bullmode on the next weeks, i have no doubt NEO could to my targets based on my fibonnaci and important places. I could extend much more looking on short-timeframes but most of coins looks same and you can look into my other charts to see other important indicators. Good luck
Long
by MikeCryptoSignals
Is $NEO already find it's floor yet. What is next target?Ranked #14 on coinmarketcap, NEO is one of the promising blockhain project which tend to be called " A China version of Ethereum". Do you agree with that? NEO is a home for blockchain project like ONT, QLC, RPX, TKY, GAS, ZPT and some others. In our opinion NEO is considerably worth to be as part of your portfolio in terms of fundamental part. But look at the technical part, you don't want to hold a good project with a bearish sentiment right? Based on trend line we drew, it's still a quite bearish, along with majority project in cryptosphere. One thing that caught our eyes is that the chart quite bottoming and stable for 42 days including today. Plus it was touching our latest green box support around 0.00195 and 0.0024. The bottom is in? Looking from the previous price action, we think so. RSI level bounce from 41 level as a support and ran north which a quite good sentiment and move towards the red cloud and our trend line as a sign a trend reversal.
Long
by banned
NEO playing catch up soon or is this ETH part 2Neo has been a weak alt the past weeks, this could be because the market finds it less interesting during the last rally, or the bulls will play catch up soon. The market in general is still in a danger zone. For this one i am waiting for an entry close to 18ish and will use a stop below the 17. For this one i will buy in half around the 18 and wait for a break of 19.3 again to get in the other 50%. This to keep the risk small, since the market direction is still not clear. Don't forget to like if you like this :) Previous analysis:
BITFINEX:NEOUSDLong
by botje11
4
NEOUSD - Sleeping GIANT?NEO has taken a solid beating in this bear market as it is down over +90% from its peak back in January. After hitting lows below $14 for the first time since last September, NEO seems to not have a pulse as it remains flat where most majors have seen decent gains off their local bottoms. This, in turn, presents sizable gains to be made in NEO once people start to move back into the name as it feels like it has been left for dead. On the 2D chart, we can see the RSI racing upwards while the price remains sideways, which is an early indication that NEO might be preparing itself for a major move soon. Again all lies in the hands of BTC price action but if we do get a mini-alt run, NEO could benefit handsomely. As seen on the chart, both targets set out coincide with the 23% and 38%FIB levels and even then, NEO price would only be back to $40 if this play works out, which isn't much in comparison to its almost $200 price tag just a few months ago. Granted, I am not calling for a return to all-time highs just yet, but a return to $40 can't be seen as improbable. Entries for this trade can be anywhere in this strong demand zone and stops should be placed below the SFP lows. BTC will dictate the next move for most altcoins, therefore keep an eye on it before entering a position. Please hit the 'like' button, give us a follow and let us know what you think below! Thanks
BITFINEX:NEOUSDLong
by CM_Trades