NEO/USD Wedge Pattern Breakout OpportunityOverview:
NEO/USD is currently forming a wedge pattern, indicating a potential breakout opportunity. This pattern suggests a period of consolidation and uncertainty in the market.
Breakout Potential:
A breakout from the wedge pattern could signal significant price movements. Traders should watch for confirmation through increased volume and decisive price action before entering positions.
Entry Strategy:
Traders may consider entering:
- Long Position: Above the upper trend line with confirmation of bullish momentum.
- Short Position: Below the lower trend line with confirmation of bearish momentum.
Risk Management:
Implement strict risk management measures, including stop-loss orders and proper position sizing, to mitigate potential losses.
Conclusion:
The wedge pattern in NEO/USD presents a trading opportunity for vigilant traders. By monitoring price action and volume dynamics, traders can identify entry points while managing risk effectively. Caution and adherence to risk management principles are essential in navigating the forex market's volatility.
Neousd
NEO Price Rockets Toward $20 Milestone Amid Altcoin SurgeThe cryptocurrency market is witnessing a seismic shift as altcoins surge, with SET:NEO leading the charge with a remarkable 40% overnight surge, propelling its price toward the coveted $20 mark. This surge comes on the heels of a pre-halving rally, igniting speculation of a potential year-long bull run.
SET:NEO , currently ranked 77th in the crypto market with a market cap approaching $1.50 billion, has emerged as a top performer amid this altcoin resurgence. The surge in demand has resulted in an impressive bullish engulfing candle on the daily chart, signaling a potential moonshot trajectory.
One of the most striking aspects of SET:NEO 's rally is the staggering increase in trading volumes, up by over 4000%, underscoring the growing investor interest and making SET:NEO a trending coin in the crypto sphere. Additionally, the breakout above the overhead resistance trendline has propelled NEO's price beyond the psychological barrier of $20, reaching a peak of $22.45 before undergoing a minor intraday pullback to $20.89.
Technical Analysis and Future Projections:
The rally is strongly supported by the 50-day Exponential Moving Average (MA), maintaining a bullish alignment with the 200-day MA, indicating a favorable position for a sustained uptrend.
Looking ahead, sustaining the price above $20 is crucial for NEO's continued upward trajectory. According to trend-based Fibonacci levels, a breakout above $22 could signal further upside potential, potentially catapulting SET:NEO 's price toward the $30 mark in the near term.
However, amidst the euphoria, caution is warranted as NEO approaches overbought territory, as indicated by extreme volatility around the token on the Bollinger Bands. A retracement to around $17.87 cannot be ruled out in a highly bearish scenario. Nonetheless, indications from the Awesome Oscillator suggest increasing upward momentum for SET:NEO , potentially defying bearish bias and aiming for $25 in the short term.
As the altcoin market continues to heat up, all eyes are on SET:NEO as it aims to solidify its position and potentially usher in a new era of bullish momentum. Investors eagerly await further developments as SET:NEO navigates the volatile cryptocurrency landscape.
Conclusion:
With SET:NEO leading the altcoin charge and eyeing the $20 milestone, the cryptocurrency market is witnessing a resurgence fueled by growing investor optimism and bullish momentum. As NEO's journey unfolds, it remains to be seen whether it can sustain its meteoric rise and pave the way for further gains in the days to come.
Neo price recalled that they can not only fall but also grow?)Who knows what happened to the SET:NEO project, that the "Chinese Ethereum killer" woke up from hibernation and made a sharp 30% price increase?)
Maybe it will also wake up its "partner in crime" - NYSE:EOS ?)
But seriously, if #NEOUSDT buyers have the strength and intention to continue growing, then in the coming days they should defend $19-20 and not allow the price to fall below.
In this case, the targets for the #NEOUSD price to rise to $29 or even $36 in the medium term will become more than realistic.
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NEO is still bullishFrom where we entered "start" on the chart, a time-consuming triangle has started, and from where we placed a green arrow on the chart, this triangle has ended and we have entered a bullish wave.
This bullish wave is either an ABC or a more complex pattern.
We should now be in the middle of wave B.
By maintaining the green range, it can move towards TP.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
NEO FOR FUNDING TRADERS For all funding traders who deal with this business, mostly the broker gives you some of the cryptocurrencies to trade. Neo is one of them.
I see some liquidity between 14-15 and at the same time a vector candlestick that appears and it fills up until 12.18. Wait for the market makers to do what they have to do and come back at low prices, maybe a little higher, maybe a little lower. Another scenario that can happen is a breakthrough from a double bottom that has been in place for more than a year. Targets can be POC range 08 December 2021 - 01 May 2022, VAH and at the same time the maximum target of pattern 29.37.
NEOUSDT 1W LONG📈Hi all. Timeframe 1 week. NEOUSDT, after a decline, is in accumulation with increased volumes. Fractal of past decline and accumulation, and subsequent growth. I’m considering recruitment to the spot now, with a possible addition from the green zone. Also long during breakout/retest. Let me remind you that the entry at the retest is the safest, but it may not be there if there is a strong exit from the accumulation. It all depends on your trading strategy. Marked goals and levels on the chart.
NEO - BUY SETUP (NOV 2023)NEO - BUY SETUP (NOV 2023)
Based on technical analysis, the current setup of this coin appears to offer a favorable buying opportunity. The price action and key indicators signal promising trends, suggesting a potential advantageous entry point. However, prudent consideration of market volatility and risk management is essential before making any investment decisions in the cryptocurrency market.
NEO/USDT planning for bullish reversal? 👀🚀NEO analysis💎 Paradisers, the #NEOUSDT is currently displaying notable strength, hinting at a potential bullish reversal from its demand level at $14.79. If the price sustains its momentum at this level, there is a significant likelihood of a bullish upswing that could surpass the nearby supply.
💎 Reflecting on historical patterns, #NEO has consistently followed a downward trend, frequently encountering resistance around $17.01. Our analysis suggests that the price may revisit the demand level at $14.79 before embarking on a further bullish trajectory. Interestingly, this level has been respected twice in the past.
💎 In the event that NASDAQ:NEO faces challenges in maintaining its momentum at the $14.79 demand, we anticipate a bullish recovery from the lower demand zone around $13.30. However, a breach below this point could potentially lead to additional declines. Let’s remain vigilant and be prepared to adapt our strategies as needed.
Wake Up NEO... The Matrix has you.. Follow the white rabbit !!Wake Up NEO... The Matrix has you.. Follow the white rabbit !!
NEO/USD Cycle Chart 1w
this is a basic crypto cycle scheme
Check the key levels.
breaking Accumaltion band and bullrun ✔💥
1064 days now.
NEOUSD/ M1 Money Supply
NEO/BTC
NEO/ETH
#neo NASDAQ:NEO
NEO - Another altcoin that looks AMAZINGSpring and backtest of key historical support completing a bullish harmonic with a type two return and bullish divergence. Nothing more to ask.
This one is priced too high for an entry right now so we wait for some pa to unfold and hopefully a retrace to backtest the local support.
NEO's Situation: What Shall we Expect ?Hi.
COINEX:NEOUSDT
✅ Today, I want to analyze NEOUSDT for you in a 4H time frame so that we can have a Short-term view of NEO regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
➡️Double bottom is in formed on weekly timeframe.
Looking for the retest of the neckline, If the neck breaks, it will witness good growth.
- High potential areas are clear in the chart.
- You can look for reasons to enter according to your own personal strategy after approval.
-AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
GAS is a beast, buy here againGas pumped a lot, which you can see on the chart. Now we need to think about re-buying this coin for another profit. Where to buy GAS? We have an unfilled FVGAP that I have drawn on the chart; this is strong support. Also, we have the 0.786 FIB retracement. These levels are close to each other, so place your limit orders to buy gas here. Thank me later. We also need to complete the ABC corrective pattern before another pump.
Gas is a token created on the NEO blockchain platform with primary purpose of being fees for processing transactions on the NEO network.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
neousdWhen I look at the data on the chart... I find three historical correction waves resulting from a historical rise from the bottom to the top... The three corrections have been completed and are currently moving for several months in a sideways area, and this may indicate a large accumulation in the currency, so let us see what will happen.
All data on the chart.. Good luck
Wave of Crypto Supply Incoming? NEO EditionWelcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential.
In this edition, we'll be looking at BINANCE:NEOUSDT ...
I believe this code is at a point of potential volatility.
If price can hold below $11.5100 ... Bearish potential may be unlocked.
My key downside targets include:
- $10.6428 (Conservative)
- $9.7200 (Medium)
- $6.7888 (Aggressive)
If however price breaks above $12.1784 ... Bullish potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
Disclaimer:
This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
NEO/USDTNEO is looking good in a weekly chart and is showing positive signs. After flipping the level in RED It will be a good time for an entry. If a daily or 4h candle closed above the level, you can an entry on this.
All the information you need is right there on the chart. It’s important to set a stop-loss, which is like a safety net to limit potential losses in case the market doesn’t go in the expected direction
#NEO/USDT
#NEO
The price has been moving in a descending triangle since May 2023
price move in up waves
Finally, the price reached the upper line of the channel, which is the main resistance line
At 9.40 , which is the current price
We expect to break the resistance line with targets
First target 11.64
Second goal 14.20
Price breake the Moving Average 100 actuly
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like this kind of analysis don't forget to like and follow
Unleashing the Dragon: A Triple Trade Strategy for NEO, XTZ, FIL
🔥 Dive into the world of Chinese crypto powerhouses with our latest trade idea! 🇨🇳💹 In this video, we break down an exciting strategy for trading NEO, XTZ (Tezos), and Filecoin. These three coins are making waves in the crypto space, and we've uncovered a unique approach to capitalize on their potential.
🚀 NEO - often referred to as the "Ethereum of China," NEO has been gaining momentum with its smart contract capabilities. Find out how we're navigating the NEO landscape for maximum gains!
💰 XTZ (Tezos) - the self-amending blockchain that's all about governance and scalability. We've got a game plan to ride the Tezos wave and make the most of its innovative features.
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#CryptoTrading #NEO #Tezos #Filecoin #ChineseCrypto #TradingStrategy #CryptoInvesting #Blockchain 🌐🔐
NEO ; easy 700%Afternoon folks , some coins are a clue and neo is one of them , its chart is so clean and beautiful that you can literally predict the market with it .
We are so close to starting the bull run , phase 6 might happen but it would never be as severe as the black swan of 2020 , we are in accumulation phase in altcoins so keep accumulating for the peak , i have got the bitcoin halvings as vertical lines in the chart and the arrow is the approximate date of the top , i go for 90-100$ each coin again which is easy 700% .
Neo will be boring in the bullrun but im sure itll do fine , price is appreciated here and keep buying anywhere near supper support .
DYOR , stat safe fam and show your love with the like button.
NEOUSD Amazing rally but it's coming to an end for now.NEO (NEOUSD) had the strongest 1W green candle last week since April 2021, which was towards the end of the previous Bull Cycle. Even though it broke above the 1W MA50 (green trend-line) for the first time since December 06 2021, also using the 1W MA50 (blue trend-line) as Support, the rally stopped on Resistance 1 (15.7500). This is technically putting an end to this hyper aggressive bullish sequence, until we see a week closing above it. The 1W RSI also got rejected on the 70.00 overbought barrier.
A similar price action was seen during the accumulation phase of the previous Cycle and fractal wise we could be in a similar situation as the October 28 2019High. Of course this time, the 1W MA100 broke, while in that past phase it broke after Bitcoin's Halving. Regardless of that, we may have an opportunity to buy NEO on the 1W MA50 again, unless it closes a 1W candle above Resistance 1 first. In both cases, the target is the 0.5 Fibonacci retracement level at 29.00.
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