NEOUSD Amazing rally but it's coming to an end for now.NEO (NEOUSD) had the strongest 1W green candle last week since April 2021, which was towards the end of the previous Bull Cycle. Even though it broke above the 1W MA50 (green trend-line) for the first time since December 06 2021, also using the 1W MA50 (blue trend-line) as Support, the rally stopped on Resistance 1 (15.7500). This is technically putting an end to this hyper aggressive bullish sequence, until we see a week closing above it. The 1W RSI also got rejected on the 70.00 overbought barrier.
A similar price action was seen during the accumulation phase of the previous Cycle and fractal wise we could be in a similar situation as the October 28 2019High. Of course this time, the 1W MA100 broke, while in that past phase it broke after Bitcoin's Halving. Regardless of that, we may have an opportunity to buy NEO on the 1W MA50 again, unless it closes a 1W candle above Resistance 1 first. In both cases, the target is the 0.5 Fibonacci retracement level at 29.00.
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Neousdsignals
NEO 12h Who want movement +50%, swoop in)A month has passed since the publication of the previous idea of NEOUSDT. A month was enough for NEO to make x2 to the cost and get to the goal from the previous idea, check it out.
We wrote that the ideal purchase of NEOUSD would be $17.50, but buyers did not let the price drop below $20, we also had such a level, and is on the chart. From where the NEO price was driven up without stopping to the upper sales zone of $ 44-46, a maximum $47.44
Now it looks like the NEOUSDT price is consolidating under the $44-46 zone and is preparing to break it up . Fixing the price above this zone will give the green light for growth to the next zone of $61-63, which is a +50% movement.
By the way, in two days we took such a movement on BNBUSDT, please rate it.
A negative scenario for the development of events may become active if the price drops below $35.5
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NEOUSDT 1D-TIMEFRAME ANALYSIS✨NEOUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the NEO BLOCKCHAIN
My idea is that the pair will go higher
Breakthrough the R1 is key
The first target is 65 Dollar
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
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.