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Neolong

#NEO is back at its historical demand zone!#NEO The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We have a bounce from the lower boundary of the descending channel, this support at 5.45. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside. There is a major support area in green at 5.30, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 5.55 First target: 5.63 Second target: 5.73 Third target: 5.86 Don't forget a simple thing: ease and capital. When you reach your first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
Is NEO repeating the pattern of the past bear market? Hello everyone! If you're looking for a hefty profit and are willing to wait, then take a look at NEO. On the weekly timeframe, you can see that the price movement is very similar to the price movement in the previous bear market. Back then, there was also a long sideways period that lasted 847 days before the price surged upwards. Currently, there is a similar sideways period with the upper boundary being the 0.236 Fibonacci level, and the asset is at the bottom of this sideways range. The price could still drop to $5.9 per coin. So, the timing of when to open a position remains open. Fibonacci levels serve as targets on the chart. This is not financial advice, and anything you do is at your own risk.
Long
by TradeMyIdea
NEO | When to buy? 🤷‍♀️Hello Traders. I hope you are having a great weekend. Today I am looking at NEO`s chart on daily timeframe and as you can see there is a descending line ahead of the price which should be broken if the price wants to go higher. Best time to buy is when it breaks it with good volume then pullbacks to the yellow area with the target shown. SL could be around 18$. 🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades. 🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders. Thank you guys for reading my idea on NEO and don`t forget to comment what you think. ✌
Long
by Existansilon
4
neousdt short and long neo usdt look in weekly and daily demand zone. this is a very very risky trade we have the opportunity to go short for scalp. but prefer to go long in the daily demand zone because neo has a lot of space to go long. ad least we get some take profit reason for entry? 1. neo break the major channel and retests successfully. that does not mean we are bullish overall structure is bearish. 2 neo break nearest supply zone that mean we are going little bit higher also demand is greater the supply
Long
by theshooter9x
NEO/BTC Adam & Reversal This chart is related to my other NEO/USD idea which shows a potential breakout from a multi year Cup & Handle pattern Q3 onwards. Interestingly, the NEO/BTC chart is forming an Adam & Eve double bottom reversal pattern, which, if succeeds matches up with the breakout of the NEO/USD idea. Above resistance confirmation of A&E. Here would be a good idea to long considering we're deep into support, but, failing that, a successful retest of resistance would be another good long with a target of around previous ath.
Long
by Watts8
9