Neocoin
NEOUSDT is testing the important resistance area After very long time accumulation NEOUSDT started to move with the old big coins like EOS, ETC, LTC, DASH etc... THe first test spot point was 48usdt and passed with the market movement. But from other hand NEO is still weak as NEOBTC. Now price has to surge 53.50 -54 usdt spot and next targets will be as on the graph. ( 67 usd and will move easily to 104 usd)
NEO | Huge Breakout Coming..!!#NEO (Update)
In daily timeframe, Consolidating in Symmetrical Triangle from longtime..!!
At the Moment, On the Verge of Breakout but Waiting for Strong Volume..
Huge Breakout Coming So Buy & Hold Some with Patience.
In case of Upside Breakout, Midterm targets would be : 66 - 92 - 120 - 150
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
NEO: a breaf explanationR1 is almost broken up and candles closed above this line. so it's a good sign of a better upward momentum.
R2 is a very powerful resistance, btw it's almost far and there's no need to discuss it.
A: Lead span A is downward right now and for better reliability, we prefer to see an upward slope of this line.
B: Lagging span is above the cloud and price chart and it confirms more confident positive signals based on other indicators.
C: conversion line (blue line) needs to change direction upward. to start another upward movement.
Totally: Neo is very good for the long term. if you've bought way before, you should hold until some conservative signals like breaking down the cloud or moving average can confirm the end of the trend. Also, NEO is very potentialite for short-term trades as well. it
for the short term. don't forget that you have to wait for BTC to close above 49100$. so stay conservative until that moment.
It Will Be Another Giant Move Of NEO CoinBroke down the rising wedge:
On the 4-hour chart, the price action of NEO coin was moving in a rising wedge pattern and as it is a bearish reversal pattern, therefore, the price action eventually broke down the support of this rising wedge but so far did not hit the bearish targets of this rising wedge pattern and moving sideways:
On the other hand, if we take a look at the Bitcoin chart, then on the daily time frame after breaking down the support of the rsing wedge on the daily time frame, the bitcoin is also moving sideways. Therefore the NEO is also following the move of Bitcoin.
BTC rising wedge
Support and resistance levels and SMAs:
On the weekly time frame chart, it can be clearly seen that after being rejected by the $130 resistance level the price action has moved down at $29 to $30. This is very strong supports and because previously it has been working as a support and resistance as well.
The priceline of NEO is also moving around 50 simple moving average on the weekly time frame chart and after 50 SMA there is also 100 simple moving average above the support of $20.
Big bullish Cypher pattern:
On the weekly time frame chart, NEO has formed a bullish harmonic bullish Shark pattern. The 1.13 Fib level is in the negative territory, therefore it is not possible for the priceline to move there, however, there is strong support at $12.50. Therefore, we can set the buying zone accordingly as below. There is also 100 simple moving average support in the buying zone which can be used as a stop loss for the long-term trade. The buying and sell targets as per this pattern can be as below:
Buy between: $26.08 to $12.50
Sell between: $51.64 to $110.057
As per the above targets, this trade has a big profit possibility up to 780% but if you consider the buying zone max up to 100 SMA then profit possibility can be upto 390%.
NEO formed bullish BAT for upto 31.5% moveHi dear friends, hope you are well and welcome to the new update on NEO coin.
On the daily chart, the price action has formed a bullish BAT.
Buying and sell targets:
Buy between: 0.001259 to 0.001204 btc
Sell between: 0.001389 to 0.001585 btc
Stop loss:
The maximum extent of buying zone can be used as stop loss, that is 0.001204 btc.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 31.5% and the loss possibility is 5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Breakout DowntrendThe Trend Line Breakout technique helps you time your entry in a trending market. You can use a Trend Line to trail your stop loss and ride massive trends. If a Trend Line breaks, wait for the re-test and see if it holds. If it does, the market is likely to reverse in the opposite direction.
A broken trendline is a technical signal that can suggest a change in trend is at hand. If low volume ( rather than high volume ) accompanies the break of a trendline, the signal is not as strong or convincing. It can make sense to wait a day or two to make sure that the trendline break is legitimate.
NEO Buy a break setup.NEOUSDT - Intraday - We look to Buy a break of 64.4 (stop at 60.9)
Posted a bullish Flag formation.
A break of 64.0 is needed to confirm the outlook.
Short term momentum is bullish.
The bias is to break to the upside.
We look for gains to be extended today.
Our profit targets will be 74.8 and 78.8
Resistance: 64.0 / 72.0 / 75.0
Support: 58.0 / 52.0 / 47.0
NEO/USDTAs a Beginner learner, tries to share my opinion in order to verify it in the future to learn from my mistakes and to reward myself if I found that I was right.
If possible, follow me and correct my mistakes so that I can learn from you.
I am a new learner in the cryptocurrencies domaine, and my analysis are not investment advice to anyone, I just want to save an archive of my analyzes in order to monitor my learning level.
thank you so much
NEO / BTC very Cheap. First Target 500 dollarMy goals are always huge. But you can benefit from the small bite of Big goals.
BTC * Neo Price = 400 $
BTC * Neo Price = 500 $
Big Target = 910$
Every cheap good has a reason. When the cause is removed, cheapness disappears!.
Supply is the most important price factor in crypto currencies.
But the transaction volume is just as important.
Neo has 100 million supplies, 70 million supplies in use.
This indicates that the price should increase. With Neo 3.0,
smart contracts have been further accelerated. It imitates Ethereum.
But if you ask whether it will hold, of course yes. But Contract is Contract.
The statements of the parties are important. In addition,
staking systems and reward systems are actively continuing to attract investors.
I am sure that I will consider updating the potential of Neo to $ 800-900 in the future. It is not an Investment Advice.
IMPORTANT AREA FOR NEOBTC!Neo does not seem to affected by yesterdays sell off and we are at a important price area between 1600 sat and 1530 sat!
Neo is in overbought area daily and volume is decreasing. But not going down a lot in market sell off is always good sign.
If we can hold couple candle stick in 4h chart between this area and volume start to rise i expect price to go much higher around 2359 sat.
Right now it is difficult to enter a trade because there is a clear indecision in all crpyto market assets.
Regardless im optimistic with neo in the long term. Because down trend ended couple months ago and bulls were nearly in full control for the last 2 weeks.
Be careful and have patience always!
NEO - $100 THIS YEAR!!Neo one of the best performing coins of 2017, and in fact one of the first coins to explode in 2017 is looking at making a comeback in 2021. Neo has a very similar chart pattern to many other coins including WANCHAIN, that being a golden gross on the weekly as well as an Ichimoku cloud breakout and long term pennant breakout!
Neo could definitely see $100 this year.
As always let me know what you guys expect Neo to reach this year
''Buy Big Sell BIGGER'' - MegaWhale
NEOUSDT(4H) Next Target!NEOUSDT(4H Chart) Technical Analysis Update
NEO/USDT currently trading at $68
Buy-level: Above $69 (Buy after breakout)
Stop loss: Below $62
Target 1: $80
Target 2: $95
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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NEO 12h Are we going to continue to grow to $100?Almost 2 months, since the publication of the previous idea, have not looked towards NEO
However, over the weekend, there was a notification that the NEOUSDT price reached the target from the previous idea, which means that we need to update our thoughts.
As can be seen from the previous idea, after an uncertain growth, the NEOUSDT price was expected to fall sharply, but t he $35.5 level fulfilled its role of support. The level was broken three times by false breakouts, most likely on liquidation of margin positions, however, interested players closed the bodies of Japanese candlesticks above the critical level to preserve the long sentiment.
And although we do not consider ourselves in the cohort of long-term holders of various projects, patient investors could fix the first good profit on NEOUSD
Now the most probable are 2 scenarios:
1. Slight correction above $60 and continued rapid growth to $95
2. A deeper correction can give a tasty price for buying long, but the target from above will be a little more modest $85
Share in the comments the fundamental news that can help the coin's growth
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