NEO's close to Loss of value Or not, take a look at this chart!Hi, dear Traders!
Monfex is at your service and today we overview NEO/USD .
We obviously see the triangle formation which locally is in the bearish trend. Breakout of the triangle's support or resistance lines will be first sign for some actions( buy or sell) , but for a more confidence we need to act by breakout the key levels.
The great volumes that are also like a support level for a price with the support line of the triangle can be a salvation from the fall.
Share your thoughts, ideas about the market under the chart.
Stay with me and you will get in time signals for NEO/USD
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Neousd
NEO is going to test $7 !Hello, Traders!
Monfex is at your service and today we overview NEO/USD .
NEO broke the triangle and has already tested the ex-support of this triangle and it's near the resistance zone and MA200. There is a downward movement globally, the bears control a situation. Stoch RSI has a bearish div and going down to oversold zone.
The local support ~ $ 7.30
The great support zone ~ $ 7 - 6.85
NEO has two scenarios:
breakout the support zone with target below $ 6 -
breakout the resistance zone with target more then $ 8 +
Market Cap
$522 507 926 USD
Volume (24h)
$230 924 554 USD
Circulating Supply
70 538 831 NEO
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
NEO / USDT (Binance) = Pump Altcoins (BTC dominance down)NEO / USDT (Binance) = Pump Altcoins (BTC dominance down)
NEO is actively buying and entering good volumes today. The coin held on to support; a downward wedge was broken - a bullish figure. This coin has good growth potential. This deal is 2 to 1
BTC Dominance (Jan 2016) = Monthly Chart
BTC Dominance (Current = Monthly Chart)
What happens on the Bitcoin dominance index?
He is slowly decreasing and you and I looked at a similar situation on the monthly chart as it was in January 2016. I look forward to a further decline and rapid growth of altcoins in the next 2 months to the pairs of bitcoin.
Current mark = 67.95%
I expect to reach mark = 54.00%
NEO / BTC Falling Wedge. Lateral movement inside the wedge 50/50NEO / BTC Falling Wedge. Lateral movement inside the wedge. 50/50 I see everywhere a lot of NEO signals give a big increase ....
I wouldn’t enter a deal in growth now. Now the situation of uncertainty is 50/50.
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You need to wait until the price drops to the lower trend descending wedge, and then wrest the movement of growth inside the wedge from the trend.
Or wait until the price rises to the upper border of the wedge, breaks it, consolidates above the downtrend. Then there will be confirmation of a bullish turn.
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Please note how the trading idea about this downtrend coin, published 7 months ago, worked well.
Neo - short or long ?Convergence at RSI, AO
accordingly, the reaction from the level with good growth)
Thank you. Neo for making money.
Now I see another shopping opportunity.
Shopping from Fibonacci
Level 0.5 - 0.61 - 0.38
STOP loss - level 0
If you want to receive high-quality signals, write to my admin in a telegram @tradingroommmm
NEO/BTC worth a look - Bullish reversal situation QuantRsi 1DAt first glance this NEO chart looks like consolidation with dwindling volume, however the QuantRsi and Heffae Cloud indicators paint a potential bullish scenario.
First there is the Daily cloud entry, which is a sign of bullish reversal. The inter-cloud paths still pose a threat of heavy resistance, but historically, high timeframe cloud entries like the one here can lead to bullish reversals more often than not.
Second, the QuantRsi has an inverted HnS chart pattern with a clear step above neckline. These QuantRsi chart patterns often lead price reversal.
Third, the QuantRsi trendline that forms a triangle of sorts has crossed, but without confirmation. The prior candles that did cross failed the re-test, as well as Sept 17th rejecting off the daily cloud.
I plan on buying a retest of the QuantRsi trend, with a stop below the daily cloud bottom.
This is a perfect storm for bullish reversal. First takeprofit / re-evaluation level is at the top of the daily cloud around .00103
Apologies for the botched title screenshot, the way TradingView handles chart preview for published ideas is abysmal
Huge jump for NEOBINANCE:NEOUSDT
well as we can see we have an acending triangle on a falling wedge
this might give us a 30% momentum in profit
we have a beautiful support on the 7- 7.2 area and also a huge resistance on 7.850
the tiangle is getting thinner both falling wedge and acsending triangle hope we see a break out soon
targets are shown as 10 - 12.5 - 17
stop loss around 5% of your buy
recommending to around 7.2 but if u wanna make sure it goes up buy it after the 7.850 is broken
NEO - Beyond the Downtrend and Moving into Bullish TerritoryKeep an eye on NEO. Looking at its daily chart, we can see the price action has broken above the downtrend, has rounded its bottom, and is moving upward. The MACD is also demonstrating buy signals with a bullish cross over the signal line and it is very close to crossing the zero-line. NEO has never been this low so scoop some up if you get the chance, and earn yourself some GAS while it earns you BTC.
NEOUSD formed bullish butterfly | Upto 75% expectedPriceline of NEO / US Dollar has formed a bullish butterfly and almost entered in potential reversal zone.
RSI has already visited oversold.
MACD is strong bullish.
Stochastic has given bull cross.
I have defined the targets using Fibonacci sequence.
Buy between: 8.59 to 7.13
Sell between: 9.73 to 12.48
Regards,
Atif Akbar (moon333)