NEOBTC
NEO Next Target ATHWe cleared 100, now I expect a small correction before resuming upwards heading to 200
BTC/NEO SETUP" Break above 200MA = Early signal!Chart is pretty self explanatory. Breaks above 200MA often precede pumps, as do Golden crosses (when the 100MA crosses above the 200MA)
Right now BTC is pumping, which is either another head fake to distract from altcoin setups, or, if BTC.D pulls a reversal, then ultimate alt season really will be postponed.
I'm bullish on NEO either way (see previous charts below), and right now it's respecting this ascending channel.
Hopefully this is the start of a macro reversal and not a macro bear flag; only time will tell, but I'm bullish.
happy trades,
CD
NEO/USDT now 52% up from our entry and still my TP is $100#NEO/USDT profit update:-
$NEO currently trading at $63
Which is 52% up from our entry zone.
Congrats who bought and still enjoying the profit ride.
Entry:- $41 ✅
TP1:- $55 ✅
TP2:- $70 pending ( hit $65 )
Still $100 Potential coin $NEO
If you want to safe play than you can sell 20-30% positions.
Support:- $55/$44
Resistance:- $70/$83/$94
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NEO ETH BTC Time ComparisonI know history doesn't always repeat itself. But if you look at the two vertical lines I drew here, you can see that BTC hit ATH at around Dec 11th 2017 last big bull run. Then ETH and NEO hit theirs about 1 month later on January 8th 2018.
I see a lot of talk about how BTC runs the other coins, but here is evidence that the others run on a delay.
NEO/USDT 100% potential from here so what Technical is saying..?#NEO/USDT TA Update:
$NEO currently trading at $45.6
And very near to breakout the bullish Pennant.
So I am buying some here.
Why..?
$NEO/USDT ready to breakout of Triangle so this looks super bullish.
If again Retest at $40 then our 2nd entry will be $40.
Entry:- $41-$45.7 ( accumulate)
Targets:- $55/$70/$83/$94
Stop Loss:- below $38
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NEO (NEO) - March 30Hello?
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You should watch for any movement that deviates from the 44.19212668-46.91600611 section.
In particular, it remains to be seen if it can rise above the 50.22168635 point.
If it falls, you need to make sure you get support at 40.95031112.
If you fall at 40.95031112, you need a short stop loss.
If supported at 50.22168635, the uptrend is expected to accelerate.
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(NEOBTC 1D chart)
We have to see if we can get support at the 758 Satoshi point and climb above the 914 Satoshi point.
In particular, it remains to be seen if it can rise along the uptrend line.
If it rises above the 868 Satoshi point and gains support, it is expected to turn to an upward trend.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
BUY SIGNAL : NEO looks to hit soon again 50 usd!Hello friends,
NEO looks great for new increase trend.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
NEOBTC (Neo) - Coin of the weekNeo describes itself as a “rapidly expanding and developing” network with the intention of laying the groundwork for the next generation of the internet — a digital economy based on digitized purchases, identities, and assets. This blockchain, unlike many others, has two native tokens: NEO and GAS. If NEO is used as an investment token which helps users to vote on blockchain changes, GAS is used to pay fees on transactions done on the network.
When we look at the chart of Neo on the 4h timeframe, we see a move to the upside that started in January and made a top on February 21st at 0,000973 BTC per Neo. Since then, the price is in a correction. We have 2 probable scenarios that we are working with. The first, and the most probable, we see one more leg down to break the 0,00060 BTC area until the price resumes its upward trajectory. The second scenario, we see the price continuing the down move and making a new all-time low, thing that would make Neo a very good risk-reward investment.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
NEO vs BTC when Alt Season Starts Fib ExtensionsThis is a very rough idea. If we repeat a similar alt season to early 2018 we could potentially use fib extensions on alts to predict ATH based on current BTC ATH since the alts trailed BTC's trend in the last major bull cycle. Current BTC is sitting around 60k, which if you look at the fibs is a little over 300% increase on the 2017 spike. If you apply the same principle to NEO and look at where the 300% mark is, you will see it is somewhere around the $700 mark. This may of course even be a low projection, since alts often have the tendency to multiply greater than btc.