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!
NEOUSDT
NEO/USDT Moving within the trading channel before growthLet's imagine a scenario of BINANCE:NEOUSDT movement within the trading channel from 15,5 to 23 USDT as it had been going from April to August earlier. That time it took 3 month of a good accumulation before the strong growth up to 40%. I'm going to buy some BINANCE:NEOUSDT partially over the next 2 months at the price of the "15-20 usdt" channel.
1st aim 32 USDT
2nd 36 USDT
3d 42 USDT
NEOUSDT AnalysisAs you can see, EngineeringRobo and I are neutral on NEO at the moment.
If you are holding NEO, no hurry to sell as we're hovering just below the resistance line. Watch closesly for EngineeringRobo sell signals or sell at resistance level ($17.31)
If you're looking to buy NEO, watch for EngineeringRobo buy signals or you could buy at dotted resistance line ($9.46).
In either case, pay close attention to EngineeringRobo signals. If you're interested in using EngineeringRobo, DM me!
NEO to bounce from the 200 EMA and Uptrend line!NEO is moving within the Ascending Triangle pattern. We can see that the 200 EMA has been acting as support for quite a while. Moreover , the pair lies in the RSI oversold zone and also testing the Uptrend line , thus we can expect the RISE!
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Neo Longterm view 300$ not that far.These are neo monthly level. close above one level are we target and attack the next one close below we range.
If close above target 4, Neo will go on price discovery mode 300$ and maybe 1000$ who knows.
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Also do message/comment if you would like me to chart any other pairs
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NEO in a Bullish pattern! 📈Hey, I am back with another Analysis, this time looking at NEO.
So a week ago I made a big analysis on NEO/USDT
Where I have stated that when NEO Breaks 20$, it should be a ride up to around $30 before first good correction.
So the price have broken the $20 level, and it's still breaking out.
I am in since 18.5$.
Currently the price of NEO is in a falling wedge which is a bullish pattern.
Indicators.
EMA's = Uptrend.
RSI = Found bottom
MACD = Seen strong and currently is in weak selling wave.
There can a retest of $20 which would be the tip of the wedge.
Good luck with this trade! First resistance is $23.
Cheers,
Tibor
NEOUSDT, The next harmonic wave...The price approached the level with huge candles and the pullback can be deeper.
It's better to wait for the daily candle closing. If it will fix below the level we should think about the sell.
Push like and write your comments. We will catch the best trades together!
Thanks for your support!
NEO Has Potential to make over 150% Profits! In Depth Analysis.Hey, I am back with another Analysis, but this in more depth looking at NEO/USDT .
So as you may know, many altcoins are breaking out as we are currently in the alternative coins season.
But, do you know how to enter, or spot the breakout before it happens?
Cryptocurrencies makes this very simple in the alt season.
Why you ask? Let me explain.
The alpha and omega of catching a breakout in alt season is for the price to break major resistance area, or even be testing because currently there resistance areas are very likely to be broken. So you can either buy the breakout, or buy in the resistance area.
The reason alts are going so crazy right now is because of Bitcoin's high dominance that is seeing a correction.
Just look at any xxx/BTC chart and you will see how much they are undervalued.
Let's for example look at ICX , the chart looks very much alike NEO chart.
The price has broken resistance level of 0.4380$ and price has popped like crazy! This is a thing you have to search for in charts these days, not fomoing into a Coin that has already seen over 50% move..
Another example, VET.
I could find way more coins that have made similar breakout, but that's not the point here, look on BAT on yourself and try to spot the resistance area and breakout.
I hope you understand my point, now let's continue with NEO.
4H time frame
As you can see, we have a lot of bullish confirmations such as.
- Riding a 50 EMA
- Bullish divergence
- Strong uptrend channel with volume..
Daily time frame has also a bullish divergence and RSI made a higher low also!
And now looking at current chart, weekly.
Again, very bullish RSI, MACD and a possible Elliott wave indicating a 150% move!
And that's it, don't forget to follow not to miss on updates and future Crypto analysis, there will be much more in this Alt coins season!
Cheers,
Tibor
NEO-USDT: First HH after a very long downtrendHello,
Keep eye on NEO chart, after the break from a symmetrical triangle NEO has been moving very nicely. If we get close above 18.2 $ today then it will confirm a HH after a long downtrend, from here we need to look out for a HL to catch the next move up.
I will be watching recently created support line (green) for possible HL targets.
If you are interested then do check out my previous NEO analysis, which could have got you in this up move earlier.
Happy and safe trading...
Chao...