Neousdtrading
NEOUSD: This rally is targeting 100.00NEOUSD is on very healthy bullish technicals on the 1D timeframe (RSI = 67.236, MACD = 1.232, ADX = 36.412) and just crossed over the 1W MA200 for the first time since April 4th 2022. The blueprint of this Cycle is the same as the previous. The token bottoms on a Triangle shaped double bottom and then starts rising on a Channel Up before it breaks upwards aggressively for the Cycle's final rally.
It seems that now we are entering a short term consolidation phase which will give way to the final rally. We are expecting a direct hit on the LH trendline (TP = 100.00).
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NEO/USD Wedge Pattern Breakout OpportunityOverview:
NEO/USD is currently forming a wedge pattern, indicating a potential breakout opportunity. This pattern suggests a period of consolidation and uncertainty in the market.
Breakout Potential:
A breakout from the wedge pattern could signal significant price movements. Traders should watch for confirmation through increased volume and decisive price action before entering positions.
Entry Strategy:
Traders may consider entering:
- Long Position: Above the upper trend line with confirmation of bullish momentum.
- Short Position: Below the lower trend line with confirmation of bearish momentum.
Risk Management:
Implement strict risk management measures, including stop-loss orders and proper position sizing, to mitigate potential losses.
Conclusion:
The wedge pattern in NEO/USD presents a trading opportunity for vigilant traders. By monitoring price action and volume dynamics, traders can identify entry points while managing risk effectively. Caution and adherence to risk management principles are essential in navigating the forex market's volatility.
NEO coin forming bullish Cypher for upto 19% pumpHi dear friends, hope you are well and welcome to the new trade setup of NEO coin with US Dollar pair.
Previously we caught almost 90% pump of NEO as below:
Now on a 2-hr time frame NEO is forming a bullish Cypher for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
NEOUSDT , We are near important supportHello guys
In here according that we shown on chart the trend is downward and we have new breakwave
The breakwave made and now we need to have some correction of this fall then we can take short position
Maybe the price can go more up but the important things is the trend downward and only we should take sell position
Previous analysis :
Dont forget guys use stop loss and attention to money management
Good Luck
Abtin
Neo- Towards 75 resistance zone?October was a month of range trading for Neo, with the price trading between 37 zone support and 47 zone resistance.
At this point, the coin is building up momentum for a break and a close above resistance should accelerate gains towards the 75usd zone
On the other hand, a drop under 37 would be bearish and can lead to a new local low around 20usd.
I'm bullish on this coin and I will look to buy for a trade with a good R:R
NEOUSDT , Chart is talking to us :D :D :DGood mornig everybody
I hoped that last week everyone get profit from the markets
In here we have one the amazing chart , because of the breakwave of it
In dynamic resistance , we broke the trendline and we pullbacked to it but in static resistance we are making the downward trend and we expect that the price can one more time back to the support zone for stop huntering the positions and after that can go for new rally for the new TP
In the buy zone we should check the chart in multi-time frame and at first we should take signal then we can buy and take long position until the targets reach
BECAREFUL , One the prediction on chart is the price can come near the stop loss and suddenly can touch it and activate the SL buy the analysis is valid and we are ready to find another situation for entrance and take position and buy on chart ,
Dont forget stop loss and money management
Good Luck
Abtin
NEOUSDT long ideaPrice is getting reaction from both from rising support and flat resistance area ( at 48.xx levels). seems it will brake above the resistance and will move to the next resistance area 53.xx usd level. if we pass 53.xx level and stay over it, 100usd or more will come easily. So we can see parabolic rising over 53-54 usd
NEO / BTC very Cheap. First Target 500 dollarMy goals are always huge. But you can benefit from the small bite of Big goals.
BTC * Neo Price = 400 $
BTC * Neo Price = 500 $
Big Target = 910$
Every cheap good has a reason. When the cause is removed, cheapness disappears!.
Supply is the most important price factor in crypto currencies.
But the transaction volume is just as important.
Neo has 100 million supplies, 70 million supplies in use.
This indicates that the price should increase. With Neo 3.0,
smart contracts have been further accelerated. It imitates Ethereum.
But if you ask whether it will hold, of course yes. But Contract is Contract.
The statements of the parties are important. In addition,
staking systems and reward systems are actively continuing to attract investors.
I am sure that I will consider updating the potential of Neo to $ 800-900 in the future. It is not an Investment Advice.
NEOUSDT Descending Triangle Bullish Breakout & RetestNEOUSDT Descending Triangle Bullish Breakout & Retest Completed.
The market also filled order block and pumping RN.
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
Buying Zone Above:
Above BZ1: 95.266
BZ2: 96
BZ3: 97
Targets:
TP1: 105.139
TP2: 118.027
TP3: 133.691
TP4: 170.374
Stop Loss: 75.302
NEOUSDT good for buy!!NEOUSDT (1H Chart) Technical Analysis Update
Resistance become support
NEO/USDT currently trading at $64.00
Buy-level: $63.45 - $64.00
Stop loss: Below $61.10
Target 1: $66.50
Target 2: $68.50
Target 3: $70.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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