Get started

NEOUSDT

NEO/BTC (Bearish Pullback?)💎Technical Analysis Summary💎 BINANCE: NEOBTC -After the dump last September 21, NEO pulled back -And tested previous support and 50MA -This area is now turning new resistance -It is also forming a Bearish rising channel -Candle body below trendline support will confirm sell -Downside target is 1600 sat area `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
5
NEO/BTC (Old Support>New Resistance?)💎Technical Analysis Summary💎 BINANCE: NEOBTC -After the price broke the trendline support -NEO pulls back to test the old area, it is now turning resistance -The previous support also coincides with 50ma dynamic zone -If the Bulls can't pass 2100 sat above and consolidate -The Bears may enter the market and send the price lower -The downside key targets is around 1600 sat `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
4
NEO/USDT (Bearish Channel Confirmed?)💎Technical Analysis Summary💎 BINANCE: NEOUSDT -NEO broke the rising channel to the downside -Which by Technical, it is a Bearish pattern most of the time -We can see an engulfing red candle followed with a big spike in sell volume -This is a strong indication of the massive amount of NEO sold at the market price -Well, we know BTC is also breaking to the downside causing Alts to follow down -But NEO is highly affected or the most weakness against the USDT pair -If you have a position since the rally from 16 dollars to 25 dollars -Be sure to take profit and move stop loss at key levels -If you are looking enter a Buy order, wait for the price to test the major support at the $15 range `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
5
NEO: Classic Bearish Divergence (1W Chart)! 30% Gains Possible.Here we will make a small analysis and look at NEO, one of the biggest gainers of 2020 in the alt coin index. We have witnessed one of the best opportunities to take a short here with a relatively low risk ratio since NEO has already pumped. We can enter the trade anytime here and since it is the weekly, we can expect large profits to be made here with just the RSI divergence being the main factor. We can expect NEO to be one of the first to be the largest gainers for shorting due to the 500%+ gains throughout a span of 6 months, and we can also expect a drop in the overall market due to the Bitcoin Dominance also rising. Trade Safe. X Force.
BINANCE:NEOUSDShort
by XForceGlobal
1
NEO/USDT is lloking for the reversal. ShortLooking at the number of factors BINANCE:NEOUSDT is preparing for the trend reversal and potential downward move. There is a number of reasons for this. 1) Price/Volume and Price/RSI divergence. 2) This divergence occurring next to the important resistance zone of $22.90 3) In the lower timeframe (2H) there is a "Sell Zone" between $22.5 - $22.9 Trading Plan: When the price will reach the sell zone it is important to monitor the strength of Buyers and Sellers. There is a possibility that price will spike above the $22.9 level to collect the stops of short-sellers prior to the downward move. After that, there is a good chance that the price will drop below the 22.55 mark, retest this level as resistance and will start its decline. The first take-profit target would be located in the area of $20-$21 and at this point, you can fix some position moving the stop-loss towards the break-even point. After that, If there will be no buyer on the market the price may continue its decline towards the POC of the horizontal channel. Below POC level we may see the formation of some buying strength, however, the major support area is located at around $16.7 - $15.8 Best of luck with your trading.
Short
by Wunderbit
2
NEO/USDT - Potential Cup and Handle in the Making + DeFi launchNEO/USDT looks like an excellent example of a cup and handle which can breakout any day now. Cup and Handle with decent target price of $39.04. There is an excellent chance that this breaks out but like always please conduct your own research. Please let me know what you think by replying below! NEO/USDT looks like an excellent example of a cup and handle which can breakout any day now. Cup and Handle with decent target price of $39.04. There is an excellent chance that this breaks out but like always please conduct your own research. Please let me know what you think by replying below! NEO/USDT looks like an excellent example of a cup and handle which can breakout any day now. Cup and Handle with decent target price of $39.04. There is an excellent chance that this breaks out but like always please conduct your own research. Please let me know what you think by replying below!
BITFINEX:NEOUSDLong
by defipioneer
1
NEO/USDT - Cup and HandleNEO/USDT looks like an excellent example of a cup and handle which can breakout any day now. Cup and Handle with decent target price of $39.04. Fundamentals also looking great with "Flamingo", a full stack DeFi mint rush, launching on September 23rd. NEO is definately a ticker to keep an eye on in my opinion. There is an excellent chance that this breaks out but like always please conduct your own research. Please let me know what you think by replying below!
BITFINEX:NEOUSDLong
by defipioneer
1