NEOUSDT is doing higher lows within a up trending channel. Price entry and exit as described. GL!
Looks like we have completed the correction cycle and poised to chase the $100 mark longterm. Check out how I called the correction play by play here:
Neo is bullish confirmed bounce from (green) Tenkan-sen crosses over the Kijun-sen(pink) and Price action (candles) are crossing over the red cloud. Also the price action broke the resistance wall at $36 and is now a support for the upward trend. Neo is on an uptrend and subject to change depending on buying volume. Currently, there are more volume of bids...
I see the opportunity to sell NEOUSDT its selling soon in this 1-3 hours I think the target price will be 32.5$ since bullish candle happen 48 hours before so I suggest that it will not move to previous low but it is making new low right now Trade with care and enjoy trading If you like my work please follow and like Thank you
NEO has overwhelming fundamental support in China. Decending wedge is consolidating around the $32 mark. Looks like a rally is incoming
In a previous post I shared a few points on why I believe NEO is a good coin to trade/hodl. If you take a look to Ethereum's chart around March 2017, you will notice a similar behavior with NEO... well, let me rephrase that, if you compare a current chart of NEO with an Ethereum chart from March 2017, you'll notice a very similar behavior. NEO is being called...
The market broke through the local downtrend and, probably, reversal Head&Shoulders pattern forming. Local swing high is approximately 43, I think it is a good point to enter. Someone very large entered the market, the biggest candle is seen on the chart. And some fundamental support: NEO has 3 meetings in the next few days. One of them is with Microsoft.
Neo has been in a period of consolidation which is healthy after a long run in both price and volume. Right now we're in a slightly downward channel (the green bars). On the 45min and 1hr chart we're seeing the potential for a bull flag/pennant forming at the end of the chart, which could indicate a trend reversal. Watch for the flag to form and break the upper...
We have a nice repeating pattern of bounce and consolidation on NEO/BTC (Bittrex). The last to rallies have gone past the 1.618 fib level. A similar pattern looks to repeat itself again now, setting us up for a potential long entry. The 2H MACD gives a great signal for entry. When the price level breaks the resistance of the downward trend, and the 2H MACD...
NEO keeps looking more and more interesting with the potential to break into either direction. The price range to keep an eye out for is $50-$52, where I think the proceeding development will determine direction.
Probably the market is ready for new highs. The market is trying to break the downtrend line. MACD lines are crossed, the histogram also shows a positive trend. RSI turned around and broke the downtrend line. Local swing high is about $48.6. To the Moon!