Neousd
Small update: Neo not done yet with the pump?Small update:
NEO is finding resistance from the (orange) orderblock on the 4 hour chart. A slight correction to 20.30 USDT, before resuming its C wave uptrend to 21.80 - 22.50 is very possible. Claiming 21 USDT is key. RSI and Constance RSI Brown are not showing any signs of bearish divergence just yet. Price broke out above the ichimoku cloud. The Supertrend Ninja Clean (green vertical line) is indicating the trend is still bullish. If RSI breaks 70, more action is likely. NEO doesn't care what BTC wants today.
Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Day trade - NEO showing Long trend zoneHello trading friends,
This is a day chart update for NEOUSDT.
Depending on the last trends NEO looks into the green trend since the known main breakdown trend of all coins.
The question is can we see NEO hitting back to the 20 USD trend?
Its important that NEO will stay above the 17 USD +, so we can hit the next target 20 USD +
This update made for the reason that the trend is green, about the target we should stay above 17 usd.
we will see coming time how the market will handle.
#Neo has an interesting trend.
Have a great day.
NEO (NEO) - January 23Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(NEOUSD 1W Chart)
(All: )
A move above the 23.66260578 point is important as it has touched the long-term uptrend line.
A decline from this long-term uptrend line, i.e. below the 13.53278176 point, is a long-term view of a departure from the uptrend.
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(NEOBTC 1W chart)
(All: )
You have touched the long-term uptrend line.
We need to see if we can move up along the long-term uptrend line.
It needs to rise above the 0.000828 point to turn into an uptrend.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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NEO XMAS MISSION LAUNCHAfter NEO had landed perfectly on the xmas mission's target, we now have impulsed off with a wave 1 from there breaking the downtrend since nov'21.
Currently it seems were finishing wave 2 any time soon, ideally confirming earlier resistance as support.
Same as EOS, Id expect a launch for wave 3 of 1 of 3 hereafter.
Hold my beer pls
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No financial advice, do your own research, don't be stupid
UPDATE: NEO profit 50% after SHORT signal - more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price dropped 50% after Short signal. Currently sitting in a support zone If support doesn't hold, 20.50 USDT is next support. Price is below Ichimoku cloud and RSI is still bearish. Another drop is definitely possible.
This analysis is made with my "Supertrend Ninja" indicator. When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. A red background indicates a possible bearish downtrend. Currently NEO is still in a downtrend.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
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 (Neo) Coin Analysis 03/04/2021Fundamentals:
Neo bills itself as a “rapidly growing and developing” ecosystem that has the goal of becoming the foundation for the next generation of the internet — a new economy where digitized payments, identities and assets come together.
Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later.
As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operate an EcoBoost initiative that’s designed to encourage people to build decentralized apps and smart contracts on its blockchain.
It’s often been likened to the Chinese version of the Ethereum network.
One of the unique selling points of the Neo blockchain concerns its continuous development, which helps ensure that it is futureproof and able to cope with sudden increases in demand. As mentioned earlier, the project has developed Neo 3.0 — enhancing network security and allowing a greater number of transactions per second to be processed.
Unlike many other blockchains, this network also has two native tokens: NEO and GAS. While NEO serves as an investment token and allows people to participate in votes concerning improvements to the blockchain, GAS is used to pay fees for the transactions that are being completed on the network.
Few other blockchain projects also run a development fund to the extent that Neo does. EcoBoost launched back in 2019, and it was billed as an initiative that provides “full life-cycle support for high-potential projects” — including grants, technical support and promotion on social media.
The co-founders of Neo, and its predecessor Antshares, are Da Hongfei and Erik Zhang. Both serve as chairmen of the Neo Foundation, which aims to promote the blockchain’s adoption.
Da Hongfei has said that, although the internet is a great invention, it has many flaws — and this means that everyday consumers don’t always have control over their own data. The entrepreneur believes blockchain applications will eventually go mainstream.
Erik Zhang was the author of the Delegated Byzantine Fault Tolerance algorithm, which aims to deter untrustworthy participants from taking part in the blockchain’s operation. This technology went on to be used in the Neo blockchain. He also served as the core developer for this network, and is playing an instrumental role in the development of Neo 3.0, the next iteration of the project’s infrastructure.
The live Neo price today is $54.15 USD with a 24-hour trading volume of $860,319,548 USD. Neo is up 1.34% in the last 24 hours. The current CoinMarketCap ranking is #37, with a live market cap of $3,819,379,676 USD. It has a circulating supply of 70,538,831 NEO coins and a max. supply of 100,000,000 NEO coins.
The top exchanges for trading in Neo are currently Binance, Huobi Global, Upbit, OKEx, and BitForex.
Technical Analysis:
there exist a Hidden Bullish Divergence with MACD which is the sign of Bullish Trend Continuations.
there are total of 3 Targets Defined by Fibonacci Projection, where as they have confluences with the past Supply and Demand levels when it had an impulsion earlier.
the 3 Target gets confirmed as the 2 TP gets triggered followed by some Price Correction