Neolong
NEO - pullback?Hello everybody!
Check chart with NEO/USDT
Neo is in the strong downtrend and from 50USD without any retracement.
When comes break bearish trendline, then entry to long position.
Targets will be on market volume profile and fiboretracement.
On 44USD I will close the rest of position bcs of strong level and POC.
I wish you safe trading!
NEO to $90 Confirmed!!Neo has broken yearly resistance at $23 and has broken another resistance today and is ready to move higher.
Always manage risk in all trades.
Risk management helps cut down losses. It can also help protect traders' accounts from losing all of its money. The risk occurs when traders suffer losses. ... After all, a trader who has generated substantial profits can lose it all in just one or two bad trades without a proper risk management strategy.
NEO Big Rise - Point ComparisonThis is a simple two point comparison between parts of the large bullrun and parts of the current bullrun
It can be seen that a massive move is missing as of current for us
This comparison can also be placed on LTCUSD which is another idea I will attach below, maybe a correlation between the two coins?
NEOUSDT is testing the important resistance area After very long time accumulation NEOUSDT started to move with the old big coins like EOS, ETC, LTC, DASH etc... THe first test spot point was 48usdt and passed with the market movement. But from other hand NEO is still weak as NEOBTC. Now price has to surge 53.50 -54 usdt spot and next targets will be as on the graph. ( 67 usd and will move easily to 104 usd)
Neo- Towards 75 resistance zone?October was a month of range trading for Neo, with the price trading between 37 zone support and 47 zone resistance.
At this point, the coin is building up momentum for a break and a close above resistance should accelerate gains towards the 75usd zone
On the other hand, a drop under 37 would be bearish and can lead to a new local low around 20usd.
I'm bullish on this coin and I will look to buy for a trade with a good R:R
NEO Potential 192% Gain Back To ATHThe road back to ATH for NEO is very clear from here. Prior to the flash crash experienced yesterday, NEO was in a bullish continuation pattern since the fast and slow ma crossover on the 1st August which saw NEO grow 86% in just over a month from the 1st August to 4th September from $35 to $66. For the next leg up from the current price, NEO will need a clear break above the 38.20% fibs where NEO had been previously trying to break above some heavy resistance in the range $65-$72. Our next key price target after a retest of ATH is at the 127.20% Fibs @ $169.98, 255% gain from here.
NEO: a breaf explanationR1 is almost broken up and candles closed above this line. so it's a good sign of a better upward momentum.
R2 is a very powerful resistance, btw it's almost far and there's no need to discuss it.
A: Lead span A is downward right now and for better reliability, we prefer to see an upward slope of this line.
B: Lagging span is above the cloud and price chart and it confirms more confident positive signals based on other indicators.
C: conversion line (blue line) needs to change direction upward. to start another upward movement.
Totally: Neo is very good for the long term. if you've bought way before, you should hold until some conservative signals like breaking down the cloud or moving average can confirm the end of the trend. Also, NEO is very potentialite for short-term trades as well. it
for the short term. don't forget that you have to wait for BTC to close above 49100$. so stay conservative until that moment.
NEO/USDT Bullflag forming?NEO/USDT may have a bullflag forming...this along with a break and retest of the current trendline. This could push us up to our current supply and retest. If this retest is successful we FLY to $79.755
NEO/USDT = Long Term Investment IdeaNEO can be called another strong project on the market, which has passed several business cycles.
The price of the asset is under selling pressure and has corrected to the price values of February.
Currently, it is better to wait with purchases.
A long-term position is better to form in the range of $21.68 - $29.60.
It is better to place the hedging order in the range of $15.55 - $19.08.
The stop loss should be calculated depending on the money allocated to the transaction, and do not forget that it is better to keep no more than 10% of your deposit in one asset.
Target price levels will be
$45,22
$54,80
$64,00
$78,00
$88,00
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
NEO/USD - 93% setupHello, Traders!
NEO is out of the active trading range of $40.00 - $54.80. At the moment there is a retest of the downtrend.
The analysis of the cumulative delta shows the presence of interest of buyers.
Buy entry can be looked for in the range of $51.00 - $56.00
Stop-loss can be placed under $42.00
Downside correction targets
$76,00
$88,00
$106,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered a financial advice