NEO/BTC -a bullish break above 200D MA -new daily higher high -if we can close above 1240 -this will give Long signal priority -upside target is the swing top at 1626 -stoploss below 200D MA
😎 With a major health tracking project and the Neo3 upgrade on the way, the news is decent enough for the "Chinese Ethereum" AKA NEO. Meanwhile, with the general strength in crypto as a whole, NEO has plenty of room to run if it can keep up momentum. With that said, we don't have any clear setup here, so let's simply take a look at some key levels for the bulls,...
Decision moment in $ neo; 1) Decrease unless the red resistance is exceeded, 2) If the red resistance is passed, the yellow resistance decision point, 3) If the yellow resistance cannot be exceeded, decrease 4) If yellow resistance is exceeded, an increase can be mentioned. Red resistance (Red area) Yellow resistance (Yellow area)
I’m swamped with errands today so I’m going to have to forgo the oped for this publication. Sorry folks. W Bottom spotted which led to breakout & higher high retesting as we speak. In the meantime enjoy the signal; I have always loved NEO — going back to when I first began really getting in the ‘blockchain honeymoon zone/phase’ as I read the whitepaper and...
Movement within wedge can be seen to respect Fibonacci spirals, will this movement continue with a third up-wave? or will this result in a breakout? This wedge formed is a falling wedge technically however it is quite horizontal
Testing to see if 1.618 follows a bullish trend that was previously seen within the ring of the Fibonacci circle, hence creating the wave. Here is my original analysis for Fib Waves which is still underway I believe we will see a repeat bullish momentum throughout the fib ring. Not much of an analysis for NEO but here we are.
NEO/BTC NEO is on a strong downtrend as the price broke the important support at 1200 sats area. Since there is not enough consolidation during the uptrend last Oct 2019. Expect the price to waterfall drop back to previous support or consolidating last Aug-Oct 2019. The market is full of fear and catching a falling knife today is not a good trading strategy....
Neo has formed a rising wedge, this is a bearish continuation pattern unfortunately.. However this may lead to an inverse H&S, eventually. Short term profits can be made while price is within the wedge, but overall long term the chart pattern is bearish, however the longer term outlook is pretty bullish if you are a dedicated hodler. Short term a rejection may...
Longed Chinese Ethereum targeting resistance ~ $13 If you take a look on the chart you'll see that NEOUSDT is very often has a buyback on a daily from the current zone ($10.5 - $11). Information is just for educational purposes, never financial advice. Always do your own research.
A symmetrical triangle has formed between trendlines on the NEOUSD pair. This is a bullish symmetrical triangle as the first impulse wave was bullish which upon breakout of the triangle will lead to a second wave. A few H&S patterns can also be identified but I haven't listed these as their impact on daily charts is minimal.
We notice the formation of a bullish head and shoulders pattern on a daily time frame, and this is a positive thing to push the price higher But the model will not be completed until after the breakout of the resistance shown in the drawing and the targets will be : Target 1 : 15.021 $ Target 2 : 15.751 $ Target 3 : 16.686 $ Please share your opinion in the...
NEOUSD Now Current Price is $11.66. Chart say.? According To Technical Analysis Chart NEOUSD looking very Bullish. now $13.31 strong Resistance at this Time. And $10.40 Also Good Support. in Daily Time frame also Golden crossed happened. we can enter At every Dip. Support 1: $10.40 Support 2: $8.56 Support 3: $6.73 Resistance 1: $21 Resistance 2:...
NEOBTC formed interesting patterns. When I first looked at the chart, I saw a cup and handle, and then an upturned head and shoulders. all of these patterns of continued growth. After the formation of the right shoulder or handle, we will break the resistance with a large volume and fly higher. Best regards EXCAVO
Simple Cup and handle formation 'A cup and handle formation is a chart pattern consisting of a drop in price and a rise back up to the original value, followed by a smaller drop and a rise past the previous peak'.
Alligator is awake, large spread between the lips, teeth, and jaw. Currently sitting on an EMA level, looks bullish with higher lows present. Red EMA possible pullback target, as it is a strong support area.
NEO/BTC NEO broke the downward trend-line resistance coming from the swing high at 1530 sats area. If the daily candle can close tomorrow bullish, I would expect more upside action to retest the swing high levels. NEO bounces off 2 times at 200 Day MA acting as dynamic support during its strong pullback. This signals us a potential resume of an uptrend again.
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H&S forming on NEOBTC, possible resistance at 200MA. Right shoulder may take more time to form.