Neoshort
1 indicator to beat NEO market.Buy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -0.78% -6.68% -7.44% -7.44% appears you buy, if a green dot -0.78% -6.68% -7.44% -7.44% appears after that green dot -0.78% -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.
Waiting for NEO bottom - price for the bounceWhat is the price for that hard drop to be followed by a bounce?
I'm posting up the price range from a historical perspective and recent support lines.
Since bounces happen very quickly, one must put the buy price in before it happens and then sell at the bounce top for a quick short.
Observations:
BTC downward trend but the weekly charts show since August we have had higher lows and lower highs, showing sideways movement with no clear direction.
NEO is like most ALTS move alike as per BTC, not necessary the same %
Very ranges from 14.3 to 17 depending how much BTC drops and the rate of its drop.
14.3 to 15.5 seems to be the very bottom
As BTC Weekly shows we have higher lows and lower highs, then its likely the bottom is more higher than previous times indicating around 17
Good luck
PS. Give us a "like" if you agree, etc
NEO shortNEO has had a hard pullback.
4 Hrly chart indicates we have had higher lows and is bearish.
However we have not hit the peak resistance for this period of bull run which is above 20 but lower than 21.
The volume has dropped off the green candle sticks probably because its a weekend.
Next week will be volatile and it will be interesting to see if we hit the peak on the RSI charts for the sell off or lows for another entry.
NEO/BTC - Maximum Financial Upside, Patience is KeyNEO/BTC - As we can see here everyone, NEO has broken its KEY support level around 3320 Sats.
Our next significant weekly level is what i call the area of largest financial upside.
The Analysis is simple, you may be saying - You only put in two support levels?
Well yes, that is all we need in this circumstance as we definitely know the direction of the market structure. We have broken a key level with little to no bulls in sight.
I feel we will see NEO lower and i will be buying up soon.
As you can see the first market cycle on NEO looks almost identical to the second market cycle.
From the data we have we can come to a conclusion that NEO is nearing its bottom and bulls will start accumulating around the 2000 satoshi mark.
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Lets stack up...
NEO. TRADE 20%After breaking through the price zone of $ 28-29, buyers made a test of this zone. With this test, they showed that they are not ready to make a turn and the strength remains with the sellers. Therefore, there is a high probability of trading up to $ 21.
My enter is $ 27.4;
Stop $ 29.1;
Target $ 21.
NEO losing steam (5 Waves In)After going through the chart at depth, I strongly believe the 5 waves have already materialised and further correction is due.
I found textbook fib retracements for all my waves. 4h MACD shows a bearish crossover.
However the future track of NEO will largely depend on how BTC performs.
We shall get confirmation that we are in a Sub Wave 3 if the right shoulder is formed.
For those who prefer chart trend patterns. A 5 wave structure followed by 3 wave correction looks and acts like a Head and Shoulders Pattern.
NEO in corrective wave CNEO has just ended the motive wave B in an ABC-correction and is entering the wave C.
Time to take profits (for short term traders).
I expect the end of the wave above the supportlevel 73$ (fib retracement 23.6%) but below the last turning point from w A to w B.
The new downtrend is confirmed by the indicators. RSI has crossed the ascending trend line, DI+ has fallen below DI-.
We´ll have new buy opportunities when the correction is finished.
I drew a theoreticle 12345 motive wave.
This no trading advice!!
I stand on my prediction for NEO I made a previous prediction.
It's now materializing... It will hit the 50's range.
Here is my prediction :
NEO is going down Long term... We're Bear...Reversal type of Bearish Divergence on NEO (long term ; 2 weeks candles)
We will end up around $50...
The Ascent of NEO: A Technical Analysis (Binance)This idea is the continuation of one I started at my old profile, ofbullsandbears. Here is the link if you would like to start from the beginning.
All future updates and new ideas will be posted on this new profile. I hope you continue to extract value from my ideas. Thanks for reading!
Alright, let's get down to it! On my last two comments I was looking at an inverted cup & handle pattern and possible support levels if the price were to fall, in addition to some upward resistance we could expect. As I hoped for, buying appeared just above the cup & handle break point at the $123 level. Bulls have pushed up through the mega downtrend line again but have been met with heavy resistance thus far. The 7-EMA has been providing support over the last few 4-hr candles, showing that in the short-term NEO is bullish. However, that is three separate instances where NEO has tested the top of the downtrend and failed, I have these circled in yellow on the chart below.
Considering the three recent failures in closing above the downtrend line I have drawn in an ascending triangle, which is a bullish continuation pattern, in the screenshot of 4-hr chart below. If the price breaks down below the downtrend line we can expect to find support around the 25-EMA as well as the bottom of our triangle.
I would like to point out a few indicators that I see as bullish on the 1 day chart below. First, the RSI has been forming higher highs since NEO found its bottom. It still has room to go up, that is telling me that this rally is not close to being over. Secondly, the MACD has been steadily making its way upwards which is showing strength. Lastly, the 25-EMA has continued to provide support over the last 5 days.
The downtrend resistance cannot hold forever. I expect to see a breakout and close above within the next two days. We can still expect the next level of resistance to be the 61.8% retracement line.
Thank you for reading. As always, have great days or nights, where ever you are. Trade Safe. Trade Smart.
SHORT NEO ! 3 Bearish Divergences will bring us to different levels with NEO
1 : $90
2nd : $70
3rd : $50
Calculated with the MACD (in Pink below price)
NEO SHORTSORRY GUYS
If NEO doesn't make a new high, its going to seriously suffer....
1st target : 80's
2nd : 60's
3rd : yep... 40's...
If NEO doesn't make a new high a divergence will be triggered that will bring it to 80's then there is a Second one and a third one.. Bearish Divergences..
It will ultimately bring it down to the 40's range.
BEO BitcoinPrevious ideas about NEO of people try to explain on a downtrend would fail on any side on any coin. NEO broke 3 downtrend line and now trying to break horizontal resistance line 0.0145. Usually after breakout, price retesting previous resistance as a support level. Estimated target on Chart. People talking a lot but it and fallow the pattern trend on all over the crypto coin, advise is wait passions
Worldwide crypto trading will be slide different because of local trading platform because of the factors that involved. But as we have seen that the trend will take next destination. As fallows.
Success on trading
Neo Short Next target : $112Hidden Bearish Divergence on Neo
From $150 to $130
Next Target : $112 around the 28 January (max)
NEOUSD Bulls and Bears just doing their thingLets take a look at the neo markets on 1 day candles to get an idea of what is happening.
In my opinion NEOUSD is undergoing a very healthy correction, however it is important to note that we are currently in bearish trend, not really surprising considering the markets at the moment.
We can see that NEOUSD found strong support around $100 where prices were pushed into the $140 zone where we saw quite a lot of action before it was rejected as support and became resistance.
Short term speaking we could see a retest of the $100 – $120 zone, and this is also where some day traders are placing some buys to catch the bounce.
Longer term speaking I expect NEOUSD to continue its bullish momentum at some point, most likely when Asia stops having holidays.
I see solid support at $100, but should prices break below that the longer term support zone is $60 – $100.
Feel free to discuss this trade idea with us in Discord.
NEO short Next Target : 105Hidden Bearish Divergence on NEO
131 - 118 = 14
118 - 14 = 104
Confirmation with the cross over of the Stoch.
Target price $105