NEO ABOUT TO MAKE THE NEXT 2X BREAKOUTHello Lads and Ladies!
As we see here, we have strong support line at 0.006650 that has triggered a strong breakout. Right now we are almost about to enter that zone again. NEO Volume is in comparison very low and the price as well as the RSI seem to drop steadily. I would not imagine it crossing the support line at 0.006650, after it has been on a well respected downtrend of more than 30%. IF the fibs are respected and we see a similar breakout which is recently getting bigger, the first stop will be at 7875, that should be go through with ease, so the next stop will be 0.008585. This is the high from the first breakout, so we could see small correction here. Anyhow I see it heading towards 0.01150 sats, with a classic support/resistance line (which also happens to be the 23.6% fibs line) at 0.009050 stats. ANYHOW, if we see general bull run, it might even go higher than 0.01500 .
Right now NEO is really undervalued and as we all know it likes HUGE breakouts, so I will fasten those seatbelts for the next one!
Cheers, Tomas
NEOBTCLONG
Mr NEO tell us where to go?Hello guys, here we got NEO/BTC chart. We are in a bullish trend at nearly all altcoins and NEO is one of them. At NEO, we have a lot of space at RSI indicator which means we can easily go up, and we have a bullish MACD at daily chart and also a golden cross of ma20-50 has accored last week and the price could stay above ma 20. Because we are now close to ma 20, you should buy-in or not sell NEO. Probably we will pass that resistance area i showed at the chart and will retest it after touching fib 0.5 level. Then we will be able to go up to fib 1.0 level which is ATH point. I think we can pass that ATH and make a new one but it is quite risky to hold NEO when we hit to ATH, so personally i will sell my NEOs at that price. If you love taking risk, you can put a stop-loss and wait to see if NEO can make a new ATH. Stay Safe.
NEOS (NEOUSD) BREAKING OUT? Next Target $94? Welcome everyone, hope you all are doing well. Let us look into another trade opportunity.
NEO, another great project. If you remember, i gave a buying signal at $76 a week ago. ( HERE: )
After that, NEO fell back and fell into consolidation region. But now, i am seeing some early signs of Bullish movement.
Let's see some key points:
MACD line is about to cross with the signal line, which means it will give a buying signal soon once they cross over. (Although, we cannot say anything about the strength because as i said, it's an early signal.)
Bullish Momentum is increasing as per ADX and DI.
RSI is moving in 50-60 region which support Bullish movement.
POSSIBLE TARGETS:
$94
$106
$123
$144
Also, BTC price movement will also affect NEO. So, keep an eye out.
P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk.
Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!
Good luck trading.!
Peace.
NEO on the rise and going strongHello Traders,
Neo is currently correcting it's recent upswing and right now could be a very good time for a long position on NEO.
While consolidating inside of a bull flag after being rejected on the 1618 extension of the recent downswing, volume has been steadily declining while being high in the flagpole, which is what we want to see in a bull flag.
The 786 retrace acts currently as a support and NEO could go up to test the 2618 extension as the next level.
RSI is making higher lows and highs which indicates strength on this upswing.
Stop Loss is set at the bottom of this downtrend channel
Good Luck Everyone!
Long Term Uptrend Signal on NEONEO gave a green 2 according to Tom Demark count on the weekly chart. This is a clear long signal for a long term trade. We can have up to 7 weeks of uptrend according to Tom Demark.
Stoch RSI is oversold which also confirms the possible bull trend.
On the daily chart it is green 4 with a overbought Stoch RSI. This means short term retracements are possible. I expect the price to rise significantly on long term (up to 7 weeks).
Here is my trading idea:
Long at: 0.008962
Take profit1: 0.009978 (fib. 0.5)
Take profit2: 0.0010752 (fib 0.618)
Stop loss: 0.008348
NEOBTC - too much on chart H&S - volume needed to boomNEO is a great project and has a great potential for a long run.. Current situation. i hope BTC dump doesn't affect NEO Market.
• Potential inverse H&S
• Bullish Divergence
• Sitting at strong support level on 4 hour chart
• Strong resistance
• Trend line resistance at 0.007365 BTC
• Fibonacci resistance at 00.7507 BTC (first target)
• Take profit and entries according to Fibonacci levels
Please hit “LIKE” to support and follow for new ideas and updates.
Best Regards,
Vinny
NEO Swing Trade Idea: Support-Resistance LineNEO Swing is hugging a Support-Resistance-Support line.
If BTC turns Bullish (as it seems to be at the current moment) and ALT market begins to recover, NEO could be a great potential swing trade at it's current level.
The Trade:
Buy an hold for a week to see if bearish trend reverses.
Tight stop-loss: -5% from your entry
High potential: 8x reward to risk
Long: @0.0097
Stop: @0.0093
NEO LONGBullish flag, Neo is going to have an ico=NEX which is going to be a Neo exchange. The ico will only allow you to buy the NEX for NEO or GASS. Potential buying opportunity as the demand for this coin might increase over the next 4 weeks.
Disclaimer
It is not a financial advice, everything you see in this chart is a personal opinion, should not be used as an offer to buy, hold or sell any security. Be aware that trading cryptocurrencies can result in losses. Therefore, consult your trading idea with a financial advisor.
NEO (NEOBTC) Forecast - The Beginning of a SurgeNEO chart is self explanatory.
Elliot wave is for reference of resistance areas.
Events:
25 January 2018 - dApps Competition Opens
26 January 2018 - Blockchain Conference
By 31 January 2018 - DevCon Conference
This is not an investment advice, always do your own research.
NEO ForecastMarket is currently down due to BTC downtrend. NEO coin is currently on a discount :)
Price should bounce on resistance line (12,000) and reach an all time high. There is also a possibility that bounce could occur on alternate resistance line at 11,000.
Buy range: 11,000 - 12,000
Events:
17 January 2018 - Blockchain Revolution
25 January 2018 - dApps Competition Opens
26 January 2018 - Blockchain Conference
By 31 January 2018 - DevCon Conference
Busy month for NEO coin. Expect plenty of dips.
This is not an advice, always do your own research.
NEOBTC Bittrex Dear Friends
This is an idea, and we are not to let I think .....
Trading is a lot like riding a roller coaster. Although it obviously is fun and exciting, there will be times when you feel scared, nervous or even powerless. When these bad times come, it’s important to not panic or give up. One excellent thing to do during these troubling times is read some motivational quotes from traders who have been in your shoes and know the path to success.
‘Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?’” – Paul Tudor Jones
Stop loss not needed but Recommended
Sk
Comments Are Appreciable
Trade Recommendation: Neo (from hacked.com)The market is going to reverse from 0.003200 support level. The bullish divergence confirms a trend reversal. MACD and DMI support upward movement. It’s a new trading opportunity. Pending orders for buy can be placed at 0.003650 level with stop orders at 0.003100 level. Profit targets are 0.004650 and 0.006000 resistance levels. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.
Market: NEOBTC
Buy: 0.003650
Stop: 0.003100
Profit Targets: 0.004650 and 0.006000
hacked.com