NEOBTC formed bullish Cypher | A good long opportunityPrice actions of 19th laargest cryptocurrency NEO with Bitcoin coin pair has formed bullish Cypher pattern and entered in bullish potential reversal zone.
Lets have a look on the NEO priceline's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci projection of X to D leg for a perfect bullish Cypher and then the price action is entered in potential reversal zone of this bullish Cypher pattern, Now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
I have used Fibonacci sequence to set the targets:
Buy between: 0.001213 to 0.001191 sats
Sell between: 0.001230 to 0.001272 sats
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Cypher pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Neobulls
NEOBTC Technical Analysis 425% target ProjectionYou can see the Chart of NEOBTC on Weekly Timeframe .
It Seems Like correction period is almost End.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
NEOBTC Technical Analysis 325% target ProjectionYou can see the Chart of NEOBTC on Daily Timeframe .
It Seems Like correction period is almost End.
Market Break the falling wedge pattern.
Now Moving in Sideway.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
(Buy) NEOUSD Technical Analysis for May 4, 2018Hello Traders,
NEO must rise. The Chinese government wants to be blockchain and technological powerhouse in coming years. So, with an agenda of creating a smart economy by leveraging on dBFT protocols, NEO should have more control and audit transactions. Then again, for swing traders, expect prices to rise now that Binance recently air dropped April load while UpBit shall be air dropping GAS for all NEO holder in May. Snapshots are done every Friday so it won't be rocket science if we see demand going forward.
Check Full TA at NewsBTC under Dalmas Ngetich.
NEOUSD Long-November 26,2017Bulls are in charge.
Any close above the bullish flag at $40 entails a break out and a chance to enter long again. Ideal bull target remains at $45 and $53 but there is more upside potentials.
ALT COIN NEO LONGS-24.10.2017NEO appreciated and tested resistance at $34. Sustained pressure means any retest of resistance turned support at around $28-$32 is a perfect entry point for NEO bulls.
More alt coin analysis here: www.newsbtc.com