NEO, GAS, +1000%This is just another follow up on two of my favorite assets NEO and GAS. All explained on the graph.
The cheaper it gets the more I buy because the risk return of these assets have now become colossal, especially GAS #teamgas.
When the macroeconomic factors subside, the bear market ends and China progress further in their regulation of digital assets and perhaps even adopt it, NEO will be waiting first in line.
You can also look at:
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NEOBTC
Exciting times for NEO!Neo is on a crucial point at the moment! But I think neo will break out to the upsite! RSI looks good, but the price also depends on the price of bitcoin of course!
When NEO breaks the line to the upside, I think we will see the price rise to around $23-$25 and vice versa!
Let me know what you think and if you have any tips, feel free to leave them down in the comments!
NEOIdea for monitorize
This time i will not show the argument, just the result.
3 days from now for first target (4750)
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Educational Only (im a student)
GoodTrade
-CJ-
BTC: 1DQinHVrv8SEjJR81swwuKpK4msz3ULYd9
NEO: AdE35gAi2g5uuYeiJZRjQ5a9usem5hxWye
NEO with bullish divergence on the dailyNEO has bullish divergence on the daily time frame on multiple indicators. Neo also had a bullish engulfing candle yesterday with a long bottom wick indicating signs of reversal. The outlook for the short term for Neo is bullish. This area also has a rather large high volume node as well as the point of control, so this would be a nice spot for Neo to reverse trend. The wave trend looks to be resetting, lining up for a bullish cross soon, and rsi is back to over-sold levels
NEO - The dynasty collapsesNEO - The dynasty collapses
A lengthy process of reduction has caused the NEO king to fall completely. In less than 200 days, NEO has lost more than 80% of its value, and in our opinion this number will be over 90% in the coming sessions:
i. The wave area : NEO continues to swing in the downward trend formed in this wave area (3), price movements fluctuate continuously: down 1866, up to 3594 and continue to fall to 1482. In this area if you want to trade we recommend you set a lower target price than expected.
ii. Wave reversal area : In this area, NEO moved from 1482 at and reversed to test the strong resistance at 4724 or lower. In our opinion, NEO will go back up to test the bottom again at area at 1002 to form a reversal wave.
iii. Back to the uptrend medium-term trend: The correction zone is formed after with a good target price. We recommend placing the following commands:
EP: 1010
TP: 6449
TG: 9761
* The target price difference of 5% will set SL
** Price fluctuations can vary 1 level of fibonacci
Thank you very much!
NEO/BTC when will the fall STOP ??NEO will need to touch the 0.002 line before the Bull run starts. Results from previous analysis show that everytime NEO touches 0.002 the bullrun starts. If we take a look at previous bullrun in September/October, we see similarities with the one in January/February. Not much technical analysis to show here, all indicators showing bearisg signs. NEO has been one of the cryptos with a bigger correction, this means it will be one with the biggest gains!
From now on, going to start also making more technical analysis, compared with BTC!
NEO, GAS, CHINA, the perfect storm (opportunity of a lifetime)-CHINA’s stock market plummeted on Friday leaving worried investors on track for their worst day in almost two years
-Double whammy of US market turmoil and deleveraging efforts at home
-5 day losing streak
-Currency sinking and authorities are cracking down on leverage
AND
Crypto- currencies are banned in China. Currently a terrible situation for the "Chinese based Ethereum". HOWEVER the upside is tremendous.
If NEO returns to its all time high that is a >1000% ROI from current pricing
BUY
If GAS returns to its all time high that is a >1500% ROI from current pricing
BUY
NEO/BTC - Maximum Financial Upside, Patience is KeyNEO/BTC - As we can see here everyone, NEO has broken its KEY support level around 3320 Sats.
Our next significant weekly level is what i call the area of largest financial upside.
The Analysis is simple, you may be saying - You only put in two support levels?
Well yes, that is all we need in this circumstance as we definitely know the direction of the market structure. We have broken a key level with little to no bulls in sight.
I feel we will see NEO lower and i will be buying up soon.
As you can see the first market cycle on NEO looks almost identical to the second market cycle.
From the data we have we can come to a conclusion that NEO is nearing its bottom and bulls will start accumulating around the 2000 satoshi mark.
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Lets stack up...
Running Flat within a Bullish Triangle for NEO/BTC ?Possible extremely rare pattern, do not trade this pattern there are better opportunities out there.
The running flat is a 3-3-5 pattern in which wave B ends far beyond the start of a bear market. The following five waves fail to reach the ending of corrective A wave.
- Here we see a triangle I've been trading successfully; I gambled on it being symmetrical to the triangle on the left, so far it is.
If ATH levels are a result of B waves instead of a bull market, and price insists on staying within this triangle; then we must have a running flat on our hands.
- Both volume and RSI confirm that we have been in a long stretched bear market all along. And so does the extent to which price has retraced from the B move, which is well beyond 0,79 retracement already.
- Other alt/BTC pairs such as ETH/BTC also show to have been merely in relief all along.
Ideally, we would see the price bounce here with low- and at 5 with high volume. If we bounce here (3) with sizable volume, however, the bottom might as well be in as this count is EW abuse indeed.
NEO vs Bitcoin Uptrend Resumes?NEO trend remains very bearish, and price continues printing lower lows, while rejecting the downtrend trendline. Currently NEO trading at BTC 0.0033, which is a 88.6% Fibonacci retracement level.
At this point the support is holding and either rejection or a break below this level should provide clues about NEO/BTC further price development. For rejection, it is important to watch the weekly closing price rather than the Daily, since this is long term view on the trend.
Rejection of the current support should result in a corrective move up, potentially towards the key resistance at BTC 0.007 area. And only break above that resistance could be a long waited confirmation of the uptrend.
But if the current support is broken, the downtrend is likely to continue towards the next support at 0.00185 level, where NEO established the low back in December 2017.
#NEO #BITCOIN #BITCOINPRICE #TRADING #BITDHARMAWe have three supports:
- 3480: Price is already here and it seems to be supported. If this support works, price will go to 4200 Sats.
- 3200: When price touch target at 4200 Sats, it could start downtrend and get here or even more at 2550 (red support).