Neocoin
Patterns on NEO ongoing from last year , possible jump to 110$Hy all, studying NEO chart i found out some moves for NEO and we are in third pattern repeting already , currently on wave 4 to 5 for this third pattern move (1-2-3-4-5 waves -> next cycle)
Let's first see the move i am talking about:
-First move , started last year on this time : 10.06.2017 untill 31.07.2017 ( 52 days )
-Second move , from 31.07.2017 untill 16.11.2017 ( 106 days )
-Third move ( ONGOING ) , from 16.11.2017 - present ( 173 days )
In next move we will test 110-130$ price for 1 NEO. Making a short analogy of moves and time ,i think NEO will be at 110-130$ in next 50 days from now showned by the vertical line in third pattern move, which can bring you a roughly 100% at least.
Keep you updated.
greetings, Claudiu
TA on NEO/BTCDid a TA on NEO/BTC and sees a strong support at 0.0066 BTC. There is also a formation of a descending triangle which is usually bearish. However, that said, I think NEO will do well long term and is one of the main competitors of ethereum. Good entry will be at 0.0066 BTC but we will only be able to determine if its gonna breakout upwards or downwards with more candle movement over the next few days.
Neo:USD - Bearish Triangle tests extreme support?TL:DR - Neo has set up a bearish pattern and I feel the most likely move is down to $38ish UNLESS it can rise with the rest of the crypto tide.
This is the chart for Neo with 1 Day candles. I'm going to be blunt, this chart scares me. Whereas Ethereum, Bitcoin, OMG, and many others have formed symmetrical triangles, Neo has formed a descending triangle. Symmetrical triangles are usually continuation patterns meaning if the coin was in a bull run before it will likely go on a bull run after. Descending triangles on the other hand, most often result in bear markets and that is what is setting up for Neo.
I've been a "long-term" HODLer of Neo (if the coin is <2 years old is anyone really a long term holder?) buying it as AntShares around the $6 mark. At that time it legitimately looked like it could be the "Ether of China". It surged in price all the way up to an All-Time-High of about $200 in January.
In this time we have seen other Chinese/Asian competitors like Waltonchain, VeChain, QTUM, Zilliqa, WanChain, and others come onto the scene with big name partnerships. Since January we have seen Neo lose 72.8% of its value, slightly outpacing the average top 50 coin in this time. They also have stalled on their goal to decentralize the validators. As far as I know OnChain, Neo's parent company, hosts all of the validator nodes. Most recent reports indicate the bottleneck is figuring out how to incentivize people to vote in validators. The lack of decentralization is truly a problem as several months ago no blocks were made on the Neo chain for 2+ hours when one of the validator nodes went down and OnChain had to manually reset it. To me, it feels like it has lost its hype.
On the other hand they have been busy on a world tour, stopping at tech hubs like San Francisco, Amsterdam, Lisbon, Paris, Zurich and more. And they have had numerous promising ICOs released on their chain. In the whole space the last 6 months have been a time to focus on improving the underlying technology to get it ready for the masses. Time will tell if Neo has kept up to speed.
In terms of the chart my suspicion is we will break lower, heading toward the the "extreme support" of $38-42. If we break upward of the triangle we could see $92 in the next month but I am skeptical of this scenario.
***This is not investing advice. I am not an investing professional. Do not invest what you cannot afford to lose. All investors should seek guidance from licensed financial advisers and not random people on the internet.***
NEO - Perfect time to buyWhile other cryptocurrencies are finding the tendency, NEO seem so clear to see a strong uptrend.
The price is supported by the regular uptrend line and current price is about 25% from ATH, it's really good.
For sure, you can wait until see a breakout (nearly $72)
Profit target:
- target 1: $100
- target 2: $140
- target 3: $180
Stoploss: $40
NEOBTC Bittrex 1D up to 21MAY18 Crypto Trading Analysis (TA)BITTREX:NEOBTC
1D Chart, also works on 4H, at this time NEO (NEO) has been resting over SUPPORT ZONE 1 (SZ 1) since May 17, gaining strength to move towards RESISTANCE ZONE 1 (RZ 1) around 0.008BTC. The 50, 100, 200 MA, and the MACD Indicators are aligned into an ascending piercing movement (Green Arrows) and the Stochastic RSI Index already crossed up the 20 mark (Racing Flag), we could spect the NEO price to move upwards in the next hours. But remember, this is our optimistic approach, keep in mind that is plenty of possibilities to witness a reverse from any point at any time. At this time the Market Cap is struggling on the 388 Billions and BTC has been trying to break the $8.5K ceiling for two days now. Good Luck!
1D Chart, también funciona en 4H, en este momento NEO (NEO) ha estado descansando sobre SUPPORT ZONE 1 (SZ 1) desde el 17 de mayo, ganando fuerza para moverse hacia RESISTANCE ZONE 1 (RZ 1) alrededor de 0.008BTC. Los indicadores 50, 100, 200 MA y MACD están alineados en un movimiento cruce ascendente de sus señales (Flechas Verdes) y el índice estocástico RSI ya cruzó la marca 20 (Bandera de Carreras), podríamos esperar que el precio NEO se mueva hacia arriba en las próximas horas. Pero recuerde, este es nuestro enfoque optimista, tenga en cuenta que hay muchas posibilidades de presenciar un retroceso desde cualquier punto en cualquier momento. En este momento, el Market Cap está luchando por superar los 388 Billones y BTC ha estado tratando de romper el techo de $8.5K durante dos días. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Neo BTC LONG NEO past $85 has broken out and is ready to explode. Just look at the MACD. We saw the breakout and now we are ready for the moon!
Analysts predict $1225 per 1 NEO within five years time.
Buy Signal: Any USD price of $85 or below.
Sell Signal: $100 or higher, Let's see where this break out takes us in a few days.
NEO has lost about 11 percent in the past 24 hoursNEO has lost about 11 percent in the past 24 hours and it closes our top five bigger losses from top 20 marketcap cryptos. NEO/USD reached the support area at 59 today and jumped off towards the resistance are at 62. The volatility is below average today and there is no tendency currently. NEO price is far below the Ichimoku cloud.
The possible scenarios for NEO/USD are the following:
1. NEO will cross the resistance area at 62 and develop its progress towards the next resistance level at 68. There NEO/USD will meet the descending midterm trend line.
2. The currency pair will jump off the resistance area at 62 and move towards 59 support area. If it tests it successfully, bears have chances to push the price even lower, establishing new local lows.
3. NEO will remain close to the current levels.
AS for the daily chart, Neo seems to leave the Ichimoku cloud, but without any significant momentum. The midterm situation remains unclear.
Check the full crypto analysis HERE
NEO BTC - Fundamental analysis + Elliott Waves + Fib Extension !Hi guys!
Fundamental analysis
NEO has a great project, team and community behind it. Some say NEO is China's Ethereum but watch this video from Da Hong Fe i (NEO's founder) which he explains on it how NEO and Ethereum are different and why NEO has a bigger vision in Blockchain Technology.
www.youtube.com
TA:
BINANCE:NEOBTC going through a ascending channel in recent days which been broken by sudden BTC price decline and whole market correction. (We're forming new ascending channel now)
According to Elliott Waves analysis in macro level we're now on 2nd wave, and we're trying to begin 3rd wave which can take us to 0.010205 price (Fib Extension level 1). potential 25% profit from this price level !
If everything goes right we can reach 0.011750 price (Fib Extension level 1.618) in 5th wave on upcoming days. potential 44% profit from this price level !
It's a complicated market situation right now, some believe alt coin season has already began but some still believe we need more time and more market correction to see new all time high price for alt coins.
P.S: I'm not your financial adviser and do your own research. I'm a newbie on TA but I'm trying to share my knowledge and helping community to grow.
Neo lookin FABULOUS!Recently I did a TA on my Twitch stream for one of my viewers.
Then I posted an IDEA that was quite successful.
This is the follow up to idea #1.
The targets are pretty self explanitory.
Ladder out, do not sell all at once in the event wave 3 or 5 go higher.
RSI has a LOT of room to grow. If BTC hits my target of $11,750, NEO will explode.
Considering BTC is now going up, I have a feeling NEOBTC will follow.
These are just my thoughts, painted on a chart.
An IDEA, if you will. ;)
GL and Happy Trading!!!!!!
First try on NEO!Recently I did a TA on my Twitch stream for one of my viewers.
He wanted to see me TA NEOBTC 0.23% .
I identified key supports and resistances.
The blue is support, the yellow/green are sell targets.
Ladder out, do not sell all at once.
MACD and RSI are nearing an apex, which means very soon NEOBTC 0.23% needs to decide a direction.
Considering BTC 1.78% is now going up, I have a feeling NEOBTC 0.23% will follow.
These are just my thoughts, painted on a chart.
An IDEA, if you will. ;)
GL and Happy Trading!!!!!!
Is NEO a Good Buy Right now?Hey, I am back with another Technical Analysi s this time looking shortly again at NEO.
Has was in a bearish channel, that lead to breakdown to lower bearish channel.
NEO had succesfully broken out from these channels and now is fighting with the downtrend line.
When the downtrend line will be broken, the NEO could became free forming bullish channel or slowly climbing.
Taking look at the Log. Chart .
2 bearish channels, 1 bullish and 1 downtrend line.
NEO has one goal, surpass 10,000 satoshi, then I consider NEO as truly bullish.
NEO looks great even now, have made great progress over past days.
Taking look at Indicators .
MACD gives buy signal with buyers dominance over the sellers.
RSI has surpass the good bullish level and looks like it have found support on this level, very good for NEO.
Volume is slowly rising.
What do I consider as a perfect buy?
The bottom of the bullish channel,at which price doesnt have to arrive.
Sorry if this chart is a bit more complicated, but NEO is complicated and complicated crypto need complicated TA.
Hope I made your view on whats going on with NEO somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update.
NEO vs 0.01Coin of the day is NEO.
The team calls themselves a non-profit community-based blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a "smart economy" with a distributed network.
NEO Smart Economy consists of three parts: Digital Assets, Digital Identity, Smart Contracts.
The main difference between NEO and Ethereum is that NEO is built to be regulation compliant. Hence, NEO has much higher chances to be accepted in China, which is a communist regime.
NEO coin is often considered as the ultimate hedge for the ETH holders.
The best future scenario for NEO is to replace Ethereum in China (Like Baidu and Google).
Technicals
After turnaround on 07.04, the coin spends weeks in the lateral movement under the 0.009 level, in attempts to break it. Recently the breakthrough happened accompanied by a rise in volumes and high momentum. For the bullish scenario, 100-days EMA and 0.009 should stay as support. From the upside there is a strong psychological resistance 0.01, breakthrough above this level will also coincide with the breaking of the last Bearish Trend Line. So, a breakthrough of the 0.01 level in nearest terms would be a strong buying signal.
NEO Holds Up Against BearsUnlike Ethereum, NEO has already fallen out of all possible channels (even the exotic curved one). Before a full recovery, the asset will have to overcome the $75 mark, which is where the resistance is now. Although, this will become a problem only in case of a prolonged lateral movement by Bitcoin.
Potential areas of further decline in case of negative developments are $69 - at the level of previous lows - and then $64, which coincides with the mirror level and the 0.5 value of Fibonacci retracement.
Near the second goal lies the boundary of the long-term descending channel, the breaking of which will be actively resisted by buyers with a likelihood approaching 100 percent. Let’s not forget about the $60 mark, important for NEO, but for now such success for the bears does not look realistic.
Check the full review HERE
NEO broke Fib 0,786%. Target now 110.I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for others every day! Bunny Token gave me good profit so far! I bought these in Pre-sale. I expect this is going to become huge!
Do you have some good tips for crypto coins? let me know!
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My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.
How do I decide to open a position or not? First I analyse:
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands
Trading means investing. Sometimes you lose more than you win in the beginning of a period!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
Long Term Uptrend Signal on NEONEO gave a green 2 according to Tom Demark count on the weekly chart. This is a clear long signal for a long term trade. We can have up to 7 weeks of uptrend according to Tom Demark.
Stoch RSI is oversold which also confirms the possible bull trend.
On the daily chart it is green 4 with a overbought Stoch RSI. This means short term retracements are possible. I expect the price to rise significantly on long term (up to 7 weeks).
Here is my trading idea:
Long at: 0.008962
Take profit1: 0.009978 (fib. 0.5)
Take profit2: 0.0010752 (fib 0.618)
Stop loss: 0.008348
Volume Surges for NEOUnlike Monero, NEO is behaving very predictably, so we can be brief. The gently inclined ascending channel which we outlined yesterday remains relevant - the price is testing its upper boundary, but there are not enough resources to break through yet.
However, growing volumes confirm the interest of investors, so growth is very likely to continue. The nearest target - $80 - is confirmed by a strong mirror level.
If the bulls need more space for a running start, a slight fallback to the region of $68- $70 is possible - but it does not pose any threat to the current positive situation.
Check the full crypto analysis on BTC and altcoins HERE