NEO/USDT in Falling Wedge!!Hi every one
NEO / TETHERUS
The Falling wedge is broken and the price can go up.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Thank you for seeing idea .
Have a nice day and Good luck.
Neousd
NEOUSD | This bullish reversal move can trigger a bigger rallyHey friend, hope you are well and welcome to new update on NEW coin.
Lauch of NEO 3.0 Mainnet:
This is the month when the NEO 3.0 Mainnet launch is expected it can be on 31th Dec or earlier.
The market cap is increased significantly, and if we take a look at the priceline then it is already up by more than 500% from the month of March.
Previous Shark move:
In the month of April I shared an idea that produced more than 500% rally.
Previous BAT move:
After that the price action formed another BAT pattern, that I shared with you in Jun 2020, and this idea produced more than 171% rally.
Current bullish reversal move:
Now again the priceline ha formed another bullish reversal move. This time we also have a mainnet launch news at the support of this bullish reversal pattern, therefore, it may trigger a bigger rally.
Strong supports of moving averages:
On the long term weekly chart the price action is having good supports of exponential moving averages 10 and 21 and simple moving average 25 as well.
Conclusion:
Even though the charts and the overall situation is very positive in favor of bullish move, but we should use 25 SMA on weekly chart as stop loss because, if it will be broken down then price line may turn more bearish to complete harmonic move on long term.
NEOUSD has formed Gartley | Upto 33.8% rally expectedThe previous idea of NEO produced more than 177% rally.
Now again on daily chart , the price action of NEO coin has formed Gartley pattern and reached in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of Gartley pattern should be:
Potential reversal or buying zone: $ 16.67 to $ 15.26
Fibonacci projection or sell zone: $ 17.77 to $ 20.42
Stop Loss:
The potential reversal zone area that is up to $ 15.26 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 33.8% and as per the above-mentioned stop loss, the loss possibility is 8.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
NEO entry point
NEO has spent Q3 consolidating around $17 while creating a potential bullish December setup.
The price is currently consolidating above a key monthly level and under the December open - a scenario that can often precede a bullish month. Multiple EMAs have also created a bullish crossover during the last two weeks, possibly setting the stage for a new trend.
Relatively equal highs near $19.32 provide a first target for any intra-week pumps. The second series of relatively equal highs near $21.829, along with a third target at the $25.859 swing high, provide reasonable targets if a bullish trend kicks off.
NEO still bullish in this channel up!!! Daily key analysisNEO show in H4 timeframe a good bougth past in the past days in the 0.618% of Fibonacci, So, I entry around of the 0.50% of Fibonacci when I show you this long signal and then, I'm in profit from $17.60 USD. Also, I invite you to put a break even at $17.20 USD to protect your earnings and loss relation.
Now, NEO in Daily it's bullish to $22 USD.
And this it's a strategy that I draw an entry of 0.618% of Fibonacci using an model of the price action. So guys, for that reason this is the model of what the bullish signal of NEO make.
NEO continue up!!! Be patient!!!I add a message that when I see in my Quantfury App, this position don't touch the SL for 0.09 cents of distance. Jaja, that it's crazy!!!
But so, we have that NEO make a rejection so fastest!!!
But, looking in the chart of 3 Daily, we see that NEO have potential to continue up in the next days. For that reason, I continue in this position.
In Daily, we see that NEO continue up and maybe I will need how NEO closed today!!!
NEOUSD 4D: SWING: Accumulation BUT maxed out for now (SL/TP)(NEWWhy get subbed to to me on Tradingview?
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NEOUSD 4D: SWING: Accumulation BUT maxed out for now (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NEOUSD week/candle chart review/outlook
::: long-term accumulation in progress
::: BUT topped out for this cycle already
::: expecting 40-50% correction next few months
::: to complete the sequence
::: before it can finall breakout of the range
::: correction is REQUIRED
::: later we can pump 300%+ from that base
::: but that's not until 2021
::: no upside in 2020 so just SHORT IT
::: recommended strategy: SHORT SELL any rips/rallies
::: TP BEARS on the swing is 40-60% gains
::: SHORT/HOLD setup / swing tarde
::: for patient traders only / no fast gains here
::: only use low leverage don't do gambling here
::: the sequence for the BEARS
::: Just short high and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/SWING/40% GAINS
::: Sentiment outlook short-term: BEARS/CORRECTION
NEO it's prepare to starting a new bull run soon!!!Hello, in this update as I send you in my previously technical analysis of NEO. I entry around of $17.60 USD. So, good position to entry in long!!
Now, lookin the chart in H4 NEO it's bullish to these 2 targets that I show you $21.46 USD and $23.75 USD.
Remember in Weekly chart that NEO it's starting a bul run soon!!!
NEO it's support this trend line bullish from starting of November 2020 and well, NEO it's still strenghten. So, as we pass the ABC correction. We can to see a new ellito wave cycle in formation!!!
Good luck in this position!!!
And accumulate more Ethers!!!
Updated: NEO show a bearish rising wedge forming in H1 timeframeI reccomend to closed up the long position and don't make anything until NEO reach down to the key support to bought. This it's a manipulation pure!!!
So, to respong your question, remember we are entry in the new cycle and my perspective it's bullish
Now, the H4 it's the key, and we would need to hope the formation of the latest C of the elliot wave correction ABC to entry in the next elliot wave cycle in H4 timeframe. So, I will going to still alert in the next hour when NEO reach down in this support between the $16.50 USD to $16.70 USD to activate our long position in this zone. going to break down the yellow zone below of $16.20 USD. That it's my other scenario to put a short position.
This it's my clear chart. And also, I make an update of the candlestick color if you see, so, we hope a bear scenario soon to these level, so I do not reccomend to put any short position when we are in the bullish trend, if you want to put any short position, the only that I want to see it's that NEO. And remember, the grey zone on H4 timeframe where it's into the yellow zone Daily, this is another reaction that we need to put any long position in H4 timeframe with a candlestick confirmation!!!
So guy, it's based in my elliot wave studies!!!
NEO in good point to bought!!!NEO show in short term a possible bullish movement toward my 2 key levels to take profit.
Target #1: $19.30 USD
Target #2: $21.50 USD
We are into this bullish channel in Daily timeframe
Now, in H4 we see a good point to entry in long postiion at $16.70 USD to long position in NEO
So, as NEO it's leading to this support level, I put a buy order limit at $16.70 USD with 17 NEO contracts. And my SL it;s $15.70 USD
So, here my details:
1. Position: Long
2. Lots: 18 NEO
3. Buy Order Limit: $16.70 USD
4. Stop Loss: $15.70 USD (-$18 USD)
5. Target Profits: $19.30 USD and $21.50 USD ($28.80 USD and $86.40 USD. So approximately in Ethereum could be 0.039 ETH and 0.16 ETH
***I don't have an estimated on ETH conversion, but yes in U.S. Dollar depending when you buy NEO in the Ethereum price moment
NEO/USDT long term view (elliott waves)NEO / USDT
🌟 TECHINCAL ANALYSIS🌟
LONG TERM
according to elliott waves and my drawing
We now on 2nd impluse wave (yellow)
May be correction not ended yet
but once we started on wave 3 the pump will be crazy
This view for long term only
For entery (buying) must look at lower time trames
And see local bullish signs
Please have a plan before trading and don't trade blindly
Good luck and happy trading 🌹
NEOUSD Breakout Imminent - Fourth Time Lucky? NEO looks to be heading towards the horizontal resistance for a fourth challenge.
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based on the information provided.
Trust your own analysis.
Beyond Edge
NEO 12h Still the situation is under sellers' control Despite the BTC growth, sellers on the NEO chart feel pretty confident.
Fixing the price above $18.50 could trigger the growth to $20.16.
This is the level that sellers should start to strongly defend.
But so far this has not happened, and the entire crypto market is supposedly preparing for a correction. NEO may begin to fall in value too.
The first medium-term target is the level $14.50.
Below is $13.50, $12.50 and globally $11.16.
But, by this time, we will most likely refresh the idea. Therefore, like and subscribe to us to be the first in the course of events.
Could NEO be distiguished in the next altseason?As NEO it's one of my favorite crytpo to invest, I hold 100 NEO in my Quantury app by contracts.
This chart if from Bittrex exchange and we see that NEO it's startign the bull cycle right now. Wake up gusy, NEO is sleeping!!!
So, in mediuk term we will see a NEO above of $100 USD. It's the ebst opportunity to continue bought NEO
That was an accumulation and right now NEO is prepare and we could see in the next months huge news of this altcoin.
This is an outlook of what NEO is prepared to continue up, NEO it's into this ascendent triangle and the key support line confirmed a bought zone!!!
So, I believe that NEO it's one of my favorite digital coins to invest together with Bitcoin and Cardano, and also Tezos. So guys, if you want to created a crypto portfolio using Quantfury App contracts. Don't over leverage. My reccomendation it's to take as maximum 2-3 cryptos. I know that we can't to use my complete portfolio. But for the next years, I can to invest in more in stocks, cryptocurrency and more when Bitcoin and altcoins goes to the moon!!!
If you like this analysis, please get me a like and share this analysis with your friends and another traders.
Investing in NEO cold be a next revolution of the new economy tendence in the virtual world creating Dapps to resolve all issues into the world for the next smart-economy.
If you want to check my NEO fundamental analysis, please you can to goes below of it!!!