NEO (NEO) - May 12Hello?
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(NEOUSD 1W chart)
(1D chart)
We have to see if we can ascend above the 120.28565454 point.
If it goes down, you need to make sure you get support at 109.08891509.
If you decline at 100.25260977, you need a short stop loss.
If you fall at 81.99678728, you need Stop Loss to preserve profit and loss.
However, you can touch the 70.94800755-79.70498226 interval and go up, so you need to trade carefully.
If you gain support and climb in the 70.94800755-79.70498226 section, you can enter the section.
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(NEOBTC 1W chart)
(1D chart)
It remains to be seen if it can rise above the 2133 Satoshi point along the uptrend line.
If it falls, we need to make sure it is supported by the 1963 Satoshi branch.
If it falls at 1309 Satoshi, Stop Loss is needed to preserve profit and loss.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Neousd
Flamingo Back to initial Entry Price + BULLISH Ascening Triangle#flamingo #flm Forming a massive ascending triangle on the daily. We are also back at the entry price for Flamingo. Breakout looks imminent in my opinion as long as the money keeps flowing in to TOTAL2. We should see FLM continue to pump as long as NEO is pumping and prior to NEO 3 release.
NEO BULLISH to ATH or HIGHERAll indicators are currently bullish and the $94 resistance has already been tested. We are now establishing new support at the $120 mark with squeeze indicator and MACD looking very bullish .
I believe next push could be to ATH of $200 or possibly above before a massive retrace back to $120.
Alternatively we may see support build at $200 with a lot of new buyers coming in after long time ath bag holders release and recoup their investment thinking that’s th safe time to exit. New players will be coming.
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NEO / BTC very Cheap. First Target 500 dollarMy goals are always huge. But you can benefit from the small bite of Big goals.
BTC * Neo Price = 400 $
BTC * Neo Price = 500 $
Big Target = 910$
Every cheap good has a reason. When the cause is removed, cheapness disappears!.
Supply is the most important price factor in crypto currencies.
But the transaction volume is just as important.
Neo has 100 million supplies, 70 million supplies in use.
This indicates that the price should increase. With Neo 3.0,
smart contracts have been further accelerated. It imitates Ethereum.
But if you ask whether it will hold, of course yes. But Contract is Contract.
The statements of the parties are important. In addition,
staking systems and reward systems are actively continuing to attract investors.
I am sure that I will consider updating the potential of Neo to $ 800-900 in the future. It is not an Investment Advice.
NEO has Bullish Trading Setup LongtermHello,
NEO USDT has forming continuous bullish patterns, and not stopping here.
Currently bounced of the 0.5 Fibonnaci levels, and sitting over daily 20 moving average which is bullish sign technically.
the volume is quite good.
Fundamentals :
"RC2 testnet will be set up on May 18th."
To the moon :D
Cheers.
NEO looking hot with N3 in the horizonNot much to say on NEO really. Chart looks very clean, support has been reclaimed nicely, looking strong and healthy by moving up slowly and steadily and the big news is the N3 upgrade or essentially new mainnet is coming. This could get a lot of people behind NEO which could do extremely well. The target I have on the chart is just how I see it now but it could go much higher.
NEOBTC also had a massive collapse and completed its cycle, as it came back to where it was before its big pump in 2017