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Neocoin

NEO 12h Who want movement +50%, swoop in)A month has passed since the publication of the previous idea of ​​NEOUSDT. A month was enough for NEO to make x2 to the cost and get to the goal from the previous idea, check it out. We wrote that the ideal purchase of NEOUSD would be $17.50, but buyers did not let the price drop below $20, we also had such a level, and is on the chart. From where the NEO price was driven up without stopping to the upper sales zone of $ 44-46, a maximum $47.44 Now it looks like the NEOUSDT price is consolidating under the $44-46 zone and is preparing to break it up . Fixing the price above this zone will give the green light for growth to the next zone of $61-63, which is a +50% movement. By the way, in two days we took such a movement on BNBUSDT, please rate it. A negative scenario for the development of events may become active if the price drops below $35.5 _____________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
20
NEO/USDT: An Overlooked Altcoin with High Upside PotentialIn this analysis, I will be shedding light on Neo, an altcoin that used to be one of the top in terms of market cap during the 2017 bull run. NEO currently sits at #31 on the market cap list, with $1.18b in market cap. Analysis - It's important to note how the volume continues to increase dramatically over time - Prices have barely moved within the accumulation zone, yet the trading volume has reached an all time high on Binance - It has a setup very similar to that of other major alts such as Ethereum and Litecoin, which have shown/is showing parabolic moves - Prices are trading above the 20 Simple Moving Average (SMA) and 60 SMA. - We are seeing a bullish descending wedge formation on the weekly - Should we see a breakout leading prices to test previous all time high levels, the upside is an astonishing 900%. - The fibonacci retracement demonstrates potential resistance zones Conclusion I believe that there is high upside potential for NEO. Especially with NEO 3.0 launching this month, we could expect a news driven breakout for this altcoin.
Long
by Michael_Wang_Official
7
NEOUSD has formed Gartley | Upto 33.8% rally expectedThe previous idea of NEO produced more than 177% rally. Now again on daily chart , the price action of NEO coin has formed Gartley pattern and reached in potential reversal zone. Buying And Sell Targets: The buying and sell targets as per Fibonacci sequence of Gartley pattern should be: Potential reversal or buying zone: $ 16.67 to $ 15.26 Fibonacci projection or sell zone: $ 17.77 to $ 20.42 Stop Loss: The potential reversal zone area that is up to $ 15.26 can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has a profit possibility of 33.8% and as per the above-mentioned stop loss, the loss possibility is 8.5%. 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.
BITFINEX:NEOUSDLong
by moon333
1