NEOUSDT (symmetric triangle breakout)NEOUSDT (4H CHART) Technical Analysis Update
Triangle breakout
NEO/USDT currently trading at $44.00
Buy-level: above $41- $44
Stop loss: below $38.40
Target 1: $50.00
Target 2: $55.00
Target 3: $60.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Neousd
NEO/USDWith the current drop in cmc and seeing neo's price barely dropping shows me that there aren't many people willing to sell at these prices. The RSI & Bollinger Bands are also on the lower end, normally it's a good signal to buy into your favorite coin. This is not financial advice.
If you're looking to trade this, make sure to set your stop loss. I personally will be laddering down if it goes lower, the Risk to reward ratio is too good to pass up.
NEO 12h Who want movement +50%, swoop in)A month has passed since the publication of the previous idea of NEOUSDT. A month was enough for NEO to make x2 to the cost and get to the goal from the previous idea, check it out.
We wrote that the ideal purchase of NEOUSD would be $17.50, but buyers did not let the price drop below $20, we also had such a level, and is on the chart. From where the NEO price was driven up without stopping to the upper sales zone of $ 44-46, a maximum $47.44
Now it looks like the NEOUSDT price is consolidating under the $44-46 zone and is preparing to break it up . Fixing the price above this zone will give the green light for growth to the next zone of $61-63, which is a +50% movement.
By the way, in two days we took such a movement on BNBUSDT, please rate it.
A negative scenario for the development of events may become active if the price drops below $35.5
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