NEO triangle breakout 📐NEO seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 33 and even higher.
ENTRY : local high @ 23.8
STOPLOSS (SL) : local low @ 21.8
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 33.3
REWARD RISK RATIO (RRR) : 5
INVALIDATION : when SL level hit
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NEOUSDC
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 Targets $38! Double Bottomed - Pump itThe coin:
NEO founded in 2014, has been to an ATH of $200, surpisingly high but it is quite strong fundamentally:
The project's vision is to realise a "smart economy" by utilizing blockchain technology and smart contracts to issue and manage digitized assets.
The setup:
We find here a double bottom formation on multiple charts, especially the 3D and the weekly time frames
Using the measurement tool for targets, we get a target of just under $38, what would be a gain of 52% from the $25 level
NEO has already successfully claimed the kneckline as support; however, the $25 level is proving tough
Enter above successful claims of this level to mitigate some risk - if BTC takes a dump and brings it down with it
Hopefully we can enjoy some NEO gains in the coming days to weeks...
NEOUSD (Binance) Pump again, I expect a second growth impulseNEOUSD (Binance) Pump again, I expect a second growth impulse.
NEO performed its first growth impulse and consolidated above $ 10. The coin is held in the second zone of accumulation of the volume profile, and a downward wedge - a bullish figure - was broken through. This coin has good growth potential. This transaction is 6 to 1.
Buy = $11.177
Take Profit = $17.650 (+57.91%)
Stop Loss = $10.100 (-9.64%)
In general, the crypto market looks positive!