NEO BTC Forecast - February Sale!NEO chart shows fib retracement at 0.0115 however I find it hard to believe it will crack below 0.0118 area. However anything is possible in this market.
RSI on 4 hour candles stands below 30 which means its oversold. MACD shows signs of reversals.
Targets are on chart.
This is not an investment advice, always do your own research.
Neocoin
NEO is ready for a strong bullishThe pricing has bounced from MA 50 and RSI wave in the bottom give us an opportunity to have a strong bullish. Look at the chart, we can see a repeat model with 3 main zones: "Get ready", "Simple upward" and "Strong bullish".
We can see the pricing hit a strong support zone right now, it's bouncing from 110-125 USD. For long term trading, it's cheappeast to buy more. However, if you are looking for a reliability signal you can wait 2nd reversal confirmation what place the price pass 135 USD. The bullish will begin when the price reach brekout zone at 152 USD.
Profit target:
- Target 1: 245 USD
- Target 2: 374 USD
- Target 3: 505 USD
- Target 4: 605 USD
Stoploss: 87 USD
NEO/ETH Trend ReversalNEO should go up here shortly. See chart for details. 3 checks say "go"
First Indicator Chart: RSI has crossed over (light blue)
Second Indicator Chart: MACD has crossed over
Third Indicator Chart: 7/25/50 (yellow,red,green) EMA converging in the correct order
NEO BREAKOUT INCOMINGSince almost touching $200, NEOUSD has seen three encounters of resistance at $160 at the 0.786 level. A breakout the 0.786 level when there is resistance often leads to a breakout to around 1.272 or 1.414 - this has happened to NEO several times in the past.
NEOBTC its also encountering resistance at the peak NEOBTC level. Also sign of a potential breakout.
If either chart shows a LOWER low then the breakout pattern will need to be reconsidered.
#NEO Breaking out of Wedge +107% target incoming!Neo has been stuck in a large wedge during this consolidation period. It appears to be on the verge of breaking out for a +107% target.
Neo Short Next target : $112Hidden Bearish Divergence on Neo
From $150 to $130
Next Target : $112 around the 28 January (max)
NEO short Next Target : 105Hidden Bearish Divergence on NEO
131 - 118 = 14
118 - 14 = 104
Confirmation with the cross over of the Stoch.
Target price $105
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 BTC Forecast - Don't Miss the Train!Charts shows a symmetrical triangle with waves bouncing within. Support is set at 0.0112 and unless BTC makes moves, I don't imagine that support will be broken. First target is set just above previous resistance at 0.0140. Second target is at 0.0163 and should be fairly achieved once breakout from first target is confirmed. I believe that price will reach 0.0190 by February 2018, however I'd rather keep my feet to the ground and take a conservative approach.
Another Approach:
If you take a look at a 4 hour chart you'll notice that when price hits 0.0140 it completes a cup and hopefully initiate a bullish handle to achieve an all time high.
MACD: -0.0002 & -0.0001 (Moving Averages about to cross signalling commencement of bullish pattern )
RSI: 41.2% (Slightly oversold returning to 50% point might suggest bullish trend is commencing)
Stochastic RSI: 19 & 20 (Oversold)
Events:
It has been a very busy month for NEO and the few remaining days of January include:
25 January 2018 dApps Competition Opens
26 January 2018 Blockchain Conference
30 January 2018 NEO Developers Conference 1/2
31 January 2018 NEO Developers Conference 2/2
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.
Potential "Hanging Man" on $NEO / $USD 1D. Short-Term Reversal.$NEO has been on a Bullish streak and we can expect that to continue throughout 2018.
However we have a potential Hanging Man on the 1D NEO/USD Chart, signifying a short term
Trend Reversal.
This minor correction will allow the NEP-5 tokens to bounce back, as NEO is their Primary Pair on
Kucoin.
If you are invested in $QLC, $DBC & $RPX, now may be a great time to sell 50% of your NEO shares and re-invest in NEP-5 for the week.
Happy Trading!
NEO - Possible Head and Shoulders Pattern?NEO Looks like it could be in the process of forming a Head and Shoulders pattern, (30-minute time frame). I would suspect that we will know one way or the other in the next 3 - 6 hours.
Neo has had an incredible run the last couple of weeks, so it is possible it might be ready for a pullback. IMO there appears to be pretty good support throughout the $90 to $105 area, below that $80 looks to be a pretty good support area also. I still have a position in NEO and remain very bullish long-term.
NEO Dip Incoming. Prepare to Buy The Dip or Sell and RReebuy.For those who need some Neo for upcoming ico's or simply want to get in for the nice upwards trend neo goes through it is almost time for you. As you can see Neo has reached a level at which the Macd is starting to show some resistance and about to cross downwards. The RSI is also showing strong signals of being overbought which means a dip is about to come as shown in the past. Support should be around 7400 satoshis for this dip.
NEO-USD Short - Critical Price PointNEO has been building a great base of support, and a myriad of legal/governmental policies around the world--namely, China-- have been driving this currency into the forefront of "next-to-emerge" Cryptos that are traded against the USD and other Fiat currencies. Currently, NEO is sitting right on it's "steep" upper growth channel, but has potential to go either way depending on the Moving Average indicator alignment as well as which channel NEO ends up in (at close on 12/7/17).
Summary :
2 sets of indicators showing good predictive capacity--7-day, 3-day, 2-day MA in conjunction with each other often set the tone for many crypto trends, as well as the basic parallel channel movement to indicate breakout up or down.
IFF: NEO closes high enough to keep the 2-day MA above the 3-day MA, which also closes in the Blue Channel, then we could see another large jump over the next couple of days (1-2 days, with upside ~$45-47).
If: NEO closes in the Blue Channel, but MAs indicate downward trend (i.e. 2-day does not cross 3-day upward), then we will likely progress near the lower limit of the Green Channel for some time with minimal swings in value (~$31-36); however, this scenario still has good upside for a near-future breakout (3-5 days).
If: NEO closes in the Green Channel, but near the lower limit of the Blue Channel, we should see a relatively quick bounce-back, but only moderate with respect to the recent major upswings (1-3 days). Furthermore, the following growth must surpass the lower limit of the Blue Channel for this to continue as predicted.
If: NEO closes near the lower limit of the Green Channel, we should expect a rapid , growth phase immediately following--though it may not be apparent until later in the second day--as many may panic sell in- or near the Gray Channel.
As always, be smart with your Crypto movements, don't short BTC unless you're a maniac (it's kinda fun to be that risky......but I think it's more fun to only make gains), and feel free to ask questions, comment, or share if you agree/disagree!
-Jordan
Neo - 12-1-2017If the magenta trendline holds, we will have a good support level. Let's us the midline of the Bollinger Band to see if price will continue to rise and make all new highs.
NEO Long TradingThere are some active resistance and support lines occured for #NEO coin. We are at the bottom support line. Here is really important. If it turns back from this line we can see impressive rally. If it cross below this line, it goes down for next level. Hope have a good one!