Long NEO/USD on the 4 Hour ChartI see a push up to at least $13.50 here. NEO was oversold and appears to be clawing back with higher highs and higher lows. Upward trend line is in tact.
Neousd
NEO | USDPerfectly rejected off the $12 resistance i had setup, failed to break and close above. Hit Entry price zones again, will not buy atm till further confirmation. Same Chart , not edited!
FA : NEO has bullish news and upcoming projects, can help boost the price, Right now can be a swing long term play, can take upto a Month ( End of March , if we go sideways).
Lower End: If we fail to hold, and see more of sell off on all crypto, we can see NEO above $8.25 ish. Lets see !
Neo/USDMy prediction of NEO/USD. This is not financial advice.
From what I can see, if you are interested in Neo for mid/long term at these prices aren't bad and set buy ladders at the fib retrace lines if it does fall lower.
Current trend line support is the green one, longer time frame support and resistance are the red lines. If you're longing, set stop loss underneath green trend line support if it doesn't hold, the worst case scenario would be the white squiggly line. Chart is invalid if red support line breaks.
NEO long term rising wedgeNeo has formed a rising wedge, this is a bearish continuation pattern unfortunately.. However this may lead to an inverse H&S, eventually. Short term profits can be made while price is within the wedge, but overall long term the chart pattern is bearish, however the longer term outlook is pretty bullish if you are a dedicated hodler. Short term a rejection may occur at 50MA.
NEO Analysis (Requested)I am proud to say that one of my followers requested me to make a chart for the first time! It's a big milestone for me :)
Shoutout to @dgknsmk for following my charts successfully (quote).
Thanks man!
So, the thing is that many of the crypto charts look almost identical.
I personally try to publish only charts which I would act on and to be honest at the moment I wouldn't buy NEO as I do not see a good setup.
There are many bullish things, and some bearish things which is in most charts, but for me to buy I'd like to see us above the 21 EMA and then down to confirm it as support and bounce from it - then I'd consider going into NEO with a stoploss below the 21 EMA.
Also I wouldn't do long term for now I'd play it level by level - box to box.
On the right screen you can see the 4 levels and we are in the middle of two of them, so I'd wait for us to go into one of them to make a decision.
NEOUSDT: Buying a pullbackLonged Chinese Ethereum targeting resistance ~ $13
If you take a look on the chart you'll see that NEOUSDT is very often has a buyback on a daily from the current zone ($10.5 - $11).
Information is just for educational purposes, never financial advice. Always do your own research.
NEO Symmetrical Triangles?A symmetrical triangle has formed between trendlines on the NEOUSD pair. This is a bullish symmetrical triangle as the first impulse wave was bullish which upon breakout of the triangle will lead to a second wave. A few H&S patterns can also be identified but I haven't listed these as their impact on daily charts is minimal.
NEO/USD | Trade Idea | Swing Long In this Trade, we can see Neo on NEO/USD pair found a temp bottom and bounced. From previous S/R, this price point will play a crucial role. I have been holding Neo for long term, this is a trade setup I might take.
In the Next few hours or days, if Neo can find support from $10.50 - $11 and not break under but a retest bounce, we will see Neo go above $14-16 retesting Resistance again, can take a month to play out.
Daily Chart on NEOUSDTDaily Chart setup on NEO, Watching for a bounce off the 200 day SMA
Lets see if this can ever get back up to $100USD
Neo (NEOUSDT) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
NEO Up 63% in less than a monthBeen watching NEO very closely as we believe it has a lot of room to run. It's up 63% since it bounce off the 200ma on the daily chart and it just got a golden cross.
We're going to keep this position open until we see any bearish signs.
Shoot us a like and give us a follow as we come back with more updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NEO may need to back off in short term, before power gain.NEO may go some downward to 13,400 - 12,000 area before upward. Actually NEO in bullish trend. But 2 levels need to watch for buy points, for my opinion.
1st, if price down to 13,400 - 12,000 area - which is EMA's give support - I will follow the attitude of the area. If this area make supportive attitude, someone can buy.
2nd, if price breaks up 16,750 resistance level, someone can aim 19,750.
And general view is NEO in a cup or cup-handle formation. So in long term, we can watch for 32,700.
closes above 14.70 with 4h If NEOUSDT closes above $14.70 with 4H candle close.
Long - Short - Long
This is not financial advice.
NEO -- Take a SIP to $18I am a budding FOREX/ CRYPTO trader, with much of my experience coming from trading CRYPTO markets since 2016. In my Full Trade Setups I provide the Market sentiment, Entry Strategies, Stop Loss and Target Points for the Category of trade I will be posting.
--- FULL TRADE INFO ----
Category : Short Term --- Spot Trade --- ALTCOIN-USD Pair.
Entry : Enter now. Good profit to loss ratio.
Target 1 : $17 (close 70% profit here as its a strong TD sequential ceiling))
Target 2 : $19 (close the trade)
stop loss : Surface of Cup
Market Sentiment : NEO is expanding its influence in US and recent posts show its future plans to work with CZ binance. Not liked by BTC maximalists, but you cant ignore the Chinese markets influence on Crypto.
--- END ---
Discussion : If BTC behaves next couple of hours, the cup and handle given the good volume should play out its target
Please hit the LIKE button for more such trades.
Do your own research. I only post trades I myself take. :) Enjoy.
NEO - Inverse Head and Shoulders - 50% TargetNEO appears to have completed a negative leaning inverse head and shoulders pattern. Given the head height, I place the target at around .00022. I'm long here.
NEOUSD Elliott Wave Interpretation.Elliott Wave Interpretation.
All levels are based on the termination of wave 3 at 19.25. This is where wave 3 will have travelled 161.8% of the distance travelled in wave 1 and is the most common Fibonacci relationship between wave 1 and 3. Should we break through this level this analysis would no longer be valid.
#NEO | What is next !We notice the formation of a bullish head and shoulders pattern on a daily time frame, and this is a positive thing to push the price higher
But the model will not be completed until after the breakout of the resistance shown in the drawing and the targets will be :
Target 1 : 15.021 $
Target 2 : 15.751 $
Target 3 : 16.686 $
Please share your opinion in the comments box and do not forget to press the like button
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NEO USD Breaking out of CUP & Handle patternThis is the most clean and visible cup and handle pattern i've seen in a while.
Entry at 12.10, layed in at 12.51
Trade active.
First exit at 17.41.
NEO insane rally incomingPossible massive rally, maybe a 3rd Wave in the making.
Above 24$ could get completely bananas.
Stay safe, use stops.
