Neo trade idea 15/1/2023. Sell to buy later cheaperI think we will be heading to 4 or 4.5. I will be interested to buy at these prices or even less. Let me know what do you think
#neocoin #neonews #crypto #cryptobullrun #cryptocurrency #bulltrap
Neousdshort
Short Position: NEO break down the bearish flag!!!Right now, we see a currently short position that NEO is leading toward the $12.30 USD, that is my exact target profit in NEO.
In H1 we se in this bearish flag and NEO came from the bearish trend before that appear the formation of this bearish flag. so we see a good shorting position in NEO.
Also, in H4 we see another confirmation and validation extra that NEO it's prepared to go down!!!
Also guys, I follow NEO and I entry right now in the market price to sell NEO. I prove to sell 50 NEO lots because on my first plattform in Prime XBT I was divided my money capital that I generate in the Forex, crypto and commoditie funding in Bitcoin. So, I trade this altcoin.
NEOUSD: Analysis using Ichimoku 30/06/2020H4
On D1, the cloud is directing downward, indicating a downtrend.
Conclusion:
Locally, we recommend selling when the RSI reaches an overbought on H4.
H1
At H4, the cloud is directing upward, indicating an uptrend. At H1, the cloud is directing upward, indicating the movement within the framework of the trend for H4.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level at the local price correction.
NEOUSDA quick short on the 4hr down to the 0.618 fib or prior structure / fractal. Looks to be forming an evening star pattern. Not advice.
NEO / U.S. DOLLAR (NEOUSD) Weekly & DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
Neo Price Analysis: Breakout Below Bullish Chart Pattern! Conclusion for today’s Neo technical analysis: The minimum expectation for the price of Neo is 6.27
Neo price chart used for today’s analysis is the 4 hour timeframe with coverage of over 4 months of price from December 07, 2018 to current date. The bullish swing that arose in Neo from a price low of $5.50 on December 15, 2018 is tracked here using the 50 moving average (MA) and the 200 MA.
The use of a bullish price channel also provides the benefit of putting price action in perspective and also projection that can be used for Neo price prediction. The last attempt at breaking the channel is shown by the farthest ellipse on the upper boundary of the bullish channel.
This occurred between April 03 and April 06, 2019 with new Neo coin reaching a price peak of 14.06 before prices turned downwards.
A break below the bullish channel implies an increase in bearish strength. Also adding to the current bias is the 4hr timeframe candle closing below both moving averages (200 and 50).
The width of the channel (11.48 minus 7.20 = 4.28) is drawn so as to use it estimation of the minimum magnitude of the current bearish strength in Neo. The width of the channel is basically projected onto the breakout point below the channel, which is ~10.55.
Neo coin can therefore be expected to sell off to at least (10.55 minus 4.28 = 6.27) as a minimum expectation.
Trading plan NEO/USD 2.27.2018After the candlestick fixation of the model "triangle" abroad, short sell with a target of 7.8.
NEOUSD. Buy Zones and Short Goals. And Structure
the trend is bearish. You can see my disassembly of the structure of the NEO. At this point, you should be careful. We have a bullish divergence of the higher order and a strong oversold of the same order in favour of longs. From the point of view of my analysis, use limit orders in 2 zones. In the 2nd area he'll definitely rebound, as there is a strong volume profile. Also buy after the breakout and consolidation of the 4H candle outside of the channel. This will mark a change of trend. Also use my levels to hold short positions and enter long ones. So you have a chance to enter at the beginning of the trend. And of course, follow the risks
NEO, will it be the Red Pill or the Blue Pill?NEO, This is your last chance. Will you take the blue pill (happiness and security for all) or will you take the red pill (brutal truth with a side of swing short trade).
The hour is upon us.
If NEO decides to take the blue pill then targets would be $100-$140.
On the other hand, if NEO takes the red pill then we stay in wonderland and I show you how deep the rabbit hole goes. (Very profitable short trade)
Remember, All I'm offering is the truth and nothing more.
Now to the technical aspect of the chart:
Since we have a ABC failure we head into an Elliott double combo wave (Double Three) correction.
So far it doesn't look like the final Wave Y is complete. For it to be completed we need to retrace to 45-47.
There are several confluence zones (evidence) showing why we should bounce from said range but this depends on Bitcoin -0.24% -0.01% .
On shorter timeframe, we can see that a descending triangle has formed and, no surprise there the targets align.
There's no point of getting into indicators since the game is being run by Bitcoin -0.24% -0.01% .
Let me show you the consequences of both scenarios;
Blue Pill gets us into the Primary Wave 3 which can take us into ranges of $100-$140 as aforesaid.
Red Pill invalidates the Primary Waves and puts us into track to find new lows. Will we be able to handle the brutal truth?
I've put forth both scenarios but I'm more inclined to believe that we shall see a reaction at this price range. Even though stop hunters will try to push a wick through $44.
As Morpheus would say, “I'm trying to free your mind, NEO. But I can only show you the door. You're the one that has to walk through it”
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I'm not your Financial Advisor and this is not to be construed as Financial Advice but I can be your Legal Advisor if you can afford me.
NEO/USD Short-Mid Term ForecastTechnical Analysis
I am predicting a retrace to the key .236 fib level, from there to continue NEO/USD clear downtrend to the key 49.00 S/R level where we may see some consolidation back up to the trend line.
NEO/USD TO >$75 before next leg begins. This is what I'm thinking will hapen in the very near future, next 2 days.
