NEO BIG .. NOW OR NEVERA friends of mine told me Neo is good.
I asked him .. ok is good but why a centralized state like china should let expand a decentralized structure as NEO. He gave me the answer that I wanted to heard..
In the last month NEO followed the whole cryptoworld and went up.
Actually is in an upward channel. What I find interesting is that price is growing, but RSI is descending.
For me this is a great bullish sign. Actually we are testing the downward support of the last bull run.
Against bitcoin and ETHEREUM, NEO is testing the support of ascending Triangle.
RSI against Bitcoin is in a zone where the last bull runs begann. Against ETHEREUM it's oversold and often there are sharp price change against ETHEREUM.
Lot of thing speak for an imminent price increase but a further down retracement could be catastrophic.
feel free to fly and set stop loss!
BIO
NEOETH
ETH is strong NEO is weak ... time to swap?While #ETH is very strong at the moment, #NEO is looking exactly the opposite right now, I expect ETH to slow down or retract a little and NEO to start picking up.
NEO RSI is extremely low while ETH is extremely high, (duh!)
But ETH is also high against BTC and NEO is low against BTC.
I expect the turn around soon.
Buy zone: Now
Sell zone: from 0.115 to 0.12, (and revisit it after that).
NEO/BTC ScalpGood morning traders,
Potential opportunity for NEO, make sure to set a tight stop.
Key Notes:
1) Triangle formed, if it breaks, good place to set your stop loss.
2) Volatility is dying down, a move one way or the other happening soon.
3) Currently showing bullish 0 histogram MACD rejection, if it holds, it will go for a rise today.
4) RSI trending higher, as well as higher lows.
5) Important 4 hour close @ 12pm EST, will most likely determine direction of trade.
Buy in:
008140-8200
Targets are listed on chart
As always if you find this information useful, please support me by hitting the like and follow button.
NEO/ETH For next 2 weeksIf downtrend bounces off previous buy support, i see it moving into a pennant, then POSSIBLY mooning... Maybe...
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
NEO ETH "will it breakLooks like the sell volume is decreasing seems like the ones who toke profit are fading, hoping that stronger buyers will continue the trend
MACD - has tried to rebound but it seems like the ones taking profit got it back down
RSI - is holding "but for how long?"
as i see it like this i will follow a sidepattern but keep in mind one big pump could break trough as equal as one big sell could do.
Every time it has pumped since 27/02/2018 is tas a reached a low of 0.105032 and is holding that blue support line real strong and as i'm geussing like the entire market is going now i think the buyers will kick the sellers out but time will only tell
Trade safe
Ben
must see before you Got Rekt in neo (gonna Doom Neo Analysis)hi guys
its now on its critical support of 50$ and now if today candle closes below 50$ then it will dump to 38$ soon, stay away from neo its chart is full of bearish and now I can see big red candle forming it may become breakdown candle if it happens today then soon we can see neo to 30-38$
be careful on your neo trades do your own analysis
good luck
NEOBTC - too much on chart H&S - volume needed to boomNEO is a great project and has a great potential for a long run.. Current situation. i hope BTC dump doesn't affect NEO Market.
• Potential inverse H&S
• Bullish Divergence
• Sitting at strong support level on 4 hour chart
• Strong resistance
• Trend line resistance at 0.007365 BTC
• Fibonacci resistance at 00.7507 BTC (first target)
• Take profit and entries according to Fibonacci levels
Please hit “LIKE” to support and follow for new ideas and updates.
Best Regards,
Vinny
ETH BTC / NEO BTC - Clear Setups ETHBTC and NEOBTC have taken a beating with the rest of the market. Both have dropped to support at the fib .618 level. Both are holding well at this support.
ETH - I'm long with buys in the 0.062 to 0.06375 range. If support at 0.062 is broken, we should see sub .06 ETHBTC. All stop losses are based on this assertion/assumption. Support breaks, i'm out. Depending on circumstances at the time, I may enter a support position if stop loss conditions are met. For now, I'm long. Where to close? Resistance is 0.073. If we see upward movement to 0.073, then I will have a close eye on the price action and possible breach of 0.073. If we go further, closing above 0.073, then we have an Ichimoku edge-to-edge play on the 1-day.
TAKE: Long ETHBTC. Stop Loss or exit based on current support at 0.062. Exit at resistance (0.073), but a close eye on potential edge-to-edge.
NEO - I was bullish on NEO (still am long-term) when we saw it hold at 50% support prior to the most recent downturn. As indicated in my bullish forecasts, if support broke, NEO would head down to next support (.618) on NEOBTC and we would see completion of an edge-to-edge play on NEOETH. Well, support broke, i entered a short on NEOBTC and buy orders on NEOETH. I closed my short at .0073 and entered long within 12 hours.
TAKE: Long NEOBTC. Similar situation to that of ETH described above. Support is at 0.0068 (.618 fib). If we break, we go lower. If, as or when that happens, I'll close longs and reassess. Otherwise, I'm long on NEOBTC. My entry has be close to support. I have been in and out for good profit. If we see a dip in that direction, I'll add to existing position. We have had 3 opportunities to enter thus far. Where to close the long? 0.008 to 0.0082 seems safe. Higher not out of the question.
NEOBTC / NEOETH - Short Position Target #BTC #NEO #ETH #ICHIMOKUNEO held strong for a while. I expected this to continue, but also indicated previously that should support be broken, it would be heading down significantly. Those charts are on my page.
I am counting on completion of the edge-to-edge on NEOETH (that's a close in the cloud and expectation price will see the other side of the cloud). I have a short position on NEOBTC that coincides with the ETH Ichimoko and Fibonacci on NEOBTC.
In addition to the short position, my NEOETH orders are in at the bottom of the cloud (.103 to .11).
There is a somewhat similar play on Monero, XMR / XMRBTC, at the moment.
good luck to all. don't trade on anything i say. no advise here, just info.
feedback, ideas and thoughts are certainly welcome.
NEO - Bullish Forecast - Accumulating at support NEOETH appears to have solid support at 50% fib / Kijun (BLUE LINE). I will continue to pick up NEO around the 0.1217 to 0.123 support. Considering the current market, I would not have been surprised to see NEO break down below the 0.22 point. Nonetheless, it has held strong. Impressed.
As mentioned, I'm picking NEOETH in a particular price range. If we break 0.122 (not dip, break support), I will sell or stop out. Other than that caveat, I'm waiting for significant upward movement.
Nothing has changed from my previous NEOETH post.
NEO and the downtrend – when will it end?!As I posted previously , I noticed a rising wedge (bearish) in NEO’s price pattern (also see “1”).
Previous post graph:
In the meanwhile, that pattern has held true, first resulting in a sideways trading range (see the rectangle in “2”).
Support (“3”) was broken in early March, prolonging the downtrend started in February. We are still in that downward trend channel (see “4”).
When will it end? Well… I guess we all noticed the turmoil in Bitcoin’s chart, especially yesterday, bottoming again around $8K.
For the moment, it’s best to wait this one out, as long as NEO’s in the downtrend, best to stay away or HODL. The fundamentals remain good, but never argue with the trend. Wait for a trend reversal + confirmation and then buy back in / buy more / simply enjoy the ride back up.
In the meantime, do notice that we have a nice bullish cross in the making in 7 and we have an oversold RSI in 8. Also note that they are both still trending downward. But at least we are heading in the right direction. For illustrative purposes, also check the last bullish cross in 5, and the bearish cross in 6.
I highlighted the Fibonacci levels, and as you can see, the previous support in 3 coincides with the 38,2% level. We are now trading between the 50% and the 61,8%.
Don’t let that negative price action get you down!
PS1: please like this post if you like it :p
PS2: this is not investment / speculation / gambling advice, DYOR :-)
PS3: always great to have you following on twitter for the latest stuff and fundamental analysis!
All the best
GAS Possible Trend ReversalBINANCE:GASBTC
BITMEX:XBT
All,
Look at the all time chart we see GAS might be in a strong demand zone. We have a double bottom and signs of a trend line/reversal building. Just a matter if Bitcoin can hang in so we can get this moving. If not as always father BTC will write this story (sadly).