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Neousdtlong

NEO | When to buy? 🤷‍♀️Hello Traders. I hope you are having a great weekend. Today I am looking at NEO`s chart on daily timeframe and as you can see there is a descending line ahead of the price which should be broken if the price wants to go higher. Best time to buy is when it breaks it with good volume then pullbacks to the yellow area with the target shown. SL could be around 18$. 🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades. 🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders. Thank you guys for reading my idea on NEO and don`t forget to comment what you think. ✌
Long
by Existansilon
4
💡Don't miss the great buy opportunity in NEOUSD @Neo_BlockchainTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (11.18). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 64. Take Profits: TP1= @ 12.22 TP2= @ 12.64 TP3= @ 13.28 TP4= @ 14.11 TP5= @ 15.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
4
NEO is the ONE NEO/USDT seems to be forming a multi year Cup & Handle pattern, with the handle as a descending wedge. The descending wedge appears to be bouncing (5) where you would expect it to before potential breakout out of the wedge. (Arrows in purple are loose predictions where price could go, don't look too much into those) However, with BTC so uncertain atm, and the tendency for cryptos to produce fakeouts in these patterns... I wouldn't be surprised to see a dip below the wedge first, especially if BTC goes to low / mid 30s. A dip below 'could' go as low as $8-11. In terms of FA for NEO, this strongly backs up the case for breakout of this pattern towards the second half of this year. NEO have had a new upgrade which involved an entirely new blockchain (N3) along with migrating tokens over to that new blockchain which was under development for the past 4 years... this went live in August 2021. Due to this, projects were told to wait until the new blockchain is built for them to build, which they are now doing. Many have considered this coin 'dead' due to seeing a limited number of projects and zero marketing, however, as mentioned above there was a valid reason for this. Marketing efforts are due to begin later this year once projects are up and running thus being able to showcase the capabilities of the chain, rather than what we usually see in this space of hyped promises. We are currently seeing some projects come to fruition on NEO already (most recently an algorithmic stablecoin native to NEO was launched named LRB/USDL). Aswell as this they are currently hosting a hackathon named 'Polaris' in which around 400 entrants have been submitted so far. This ends in June/July 2022, so we are likely to see a lot of projects flourish on the NEO blockchain Q3 onwards. Further, the NEO foundation have been key players in this space since 2014, they have a lot of key connections with teams all over the globe. They are partnered with some of the biggest partners in the industry such as InterWork Alliance, PolyNetwork, .NetFoundation (Microsoft), IEEE and BSN China. Their Chinese chain 'Jiuquan Chain' for BSN will go live this month, meaning Chinese citizens can buy NFTs (they call them DDCs) on it, and build dapps. In my opinion, this is a strong endorsement of NEO by the chinese govt, considering the only other public blockchains chosen were Ethereum and EOS. When this chain goes live for BSN, it will more than likely give some attention to NEO again. All in all, there's strong fundamentals backing up NEO to complete the Cup & Handle pattern this year. N.B. There are a few older coins with similar patterns, LTC and XMR being two, whilst the last run saw mainly newer coins get the hype. It can be argued these older coins are due a resurgence as they've continued to build behind the scenes, and as the runs for the hyped coins of last cycle are coming to an end, money tends to rotate elsewhere.
BITFINEX:NEOUSDLong
by Watts8
4
💡Don't miss the great buy opportunity in NEOUSD @Neo_BlockchainTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (21.74). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 63. Take Profits: TP1= @ 23.57 TP2= @ 25.31 TP3= @ 27.28 TP4= @ 28.71 TP5= @ 30.53 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
6
💡Don't miss the great buy opportunity in NEOUSD @Neo_BlockchainTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (21.74). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 63. Take Profits: TP1= @ 23.57 TP2= @ 25.31 TP3= @ 27.28 TP4= @ 28.71 TP5= @ 30.53 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
5
NEOUSDT, We impacted to resistance zoneHello everybody We hope that anyone took profit from the market and be happy in these of ranging price. According to the chart as you can see we have resistance zone that the price impacted to it in more time and at this time we again impacted to it and now at this time we have reverse hammer and evening star but we need to see the close of this candle and if this candle will close in reverse hammer type with powerful body that makes that pattern we can take short position. If you wanna use this analysis you can also use lower time frame to take trigger for entrance and have smaller stop loss. Dont forget use stop loss and observe to capital management as you can see we put it but at first if you have any strategy for trading use it if you dont have you can use what we shown on chart . Previous analysis : If you have any question send us messages Good Luck Abtin
Short
by Abtin00
NEOUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 25 - 29 - 34 Stop: ~17 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
6
NEOUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked).Thank you! Everything on the chart. Entry: market and lower Target: 32 and 36 after first target reached move ur stop to breakeven Stop: ~24(depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 3.5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
5
💡Don't miss the great buy opportunity in NEOUSD @Neo_BlockchainTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (26.10). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 50. Take Profits: TP1= @ 27.27 TP2= @ 28.11 TP3= @ 29.26 TP4= @ 30.47 TP5= @ 31.46 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
11
💡Don't miss the great buy opportunity in NEOUSD @Neo_BlockchainTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (26.10). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 50. Take Profits: TP1= @ 27.27 TP2= @ 28.11 TP3= @ 29.26 TP4= @ 30.47 TP5= @ 31.46 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4