NEOUSD-Rectangle (Bullish)This my vision. I think that is bullish rectangle, but I can be wrong. Let's see
Neocoin
NEO Trading IdeaLet's look at the 4h chart of NEO and try to spot possible price movements. We can see that price reach an important zone formed by the downtrend line and 31.8 resistance level. If price breaks the downtrend line, that we have a possible long opportunity. If price breaks support line ~26.7, we'll have a sell signal.
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When will Neo bounce?Neo bounced 0,0045 several times. this time it can go to 0.004 let me know what you think about.
NEO making its new buying pointHey Guys,
We are forecasting an amazing buying point in new before it makes a run for the new ATH.
We did see a small upward spike during the hyped RED Pulse ICO, following which it heavily crashed more than 15-20%.
It's not advisable to have any open positions now and wait for it to be in the range (A), which will be the best buying opportunity.
Happy Trading :)
NEOBTC viewAnother Symmetric triangle, last time it brokeout downside. 0.0068-69 acted as good support and decent bounce from that level. With the nice volume, would the price breakout upper side and hit the resistance of 0.0078 ?
As 0.0078 was broken easy, it may act as minor resistance. Lets see how it goes.
Have your sl please.
Is NEO about to break out?NEO is moving in a downtrend and reached a critical point at which it might break out. The price already tested the support at 18 USD and is about to reach out for the trend line resistance.
Scenario A
When the price breaks through the trend line resistance, check for a possible retest. If the trend line is confirmed as support, the price should move up towards the 38.2% fibonacci retracement. But keep in mind, on its way up it still needs to pass the indicated resistance channel.
Scenario B
The price could get rejected by the trend line and retests the support at 18 USD. If this happens, check for a possible rebounce. Scenario A repeats in this case. If the support won't hold, the price could test the support at around 13.5 USD or even reaches out for the 10 USD support, which would be the worst case and is very unlikely to happen in my opinion.
Happy trading!
[BUY SIGNAL] NEO/BTC trend broken.Sorry I didn't have enough time today to keep with my daily analysis and I have to keep this short, so this was my trade today - it broke resistance and I'm preparing to sell it at first fib level and see how it will behave, if and when it breaks the first fib resistance we can expect a solid up trend being formed and a mid/long-term position can be made.
NEO Breakout NEO bulls were just waiting for some confidence the low of the fear dump was in, and news provided the catalyst.
Caution of overbought conditions as we consolidate.
News breakouts are a great opportunity to flip and reload more coins.
As I write this hourly RSI is still mid 80s as we form a bearish reversal spinning top candlestick, though still 35 minutes until the close.
Looking for the daily chart to start a new uptrend with a higher low forming on consolidation.
ANS short term trade, looking bullishNeo/antshares looks like it wants to go antoher leg up. Not that much time left before 8.aug.
This is just a swing trade, you can also hodl ans/neo and become rich
buy my bags
t1-55-6
t2- 7-75
