NEIROETHUSDT trade ideas
NEIROETH is not bullish at the moment!Note: This is a MEME COIN, it is highly volatile, control the risk.
Examining the structure, it appears to be in a major correction, which is now in wave C of this correction.
Wave C looks like a FLAT, we are now at the end of wave C of this flat.
It can move down while maintaining the red range.
Closing a daily candle above the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
NeiroETHUSDT: Symmetrical Triangle Breakout WatchNeiroETHUSDT is currently trading within a potential symmetrical triangle formation. Our immediate focus is on the supply zone, which is expected to push the price down towards the buy-back zone.
If the price manages to break above this supply zone, we will look to initiate buying on a pullback, aiming towards the upper trendline of the pattern. Target areas have been highlighted on the chart for better clarity.
We welcome your insights on this coin, so feel free to share your view with us.
UPDATEAfter exiting the triangle pattern shown in the previous posts, the price entered the downward phase and crossed the S1 support and Fibo 62, we should wait for a positive reaction to the S3 and S2 ranges, now the S1 support has turned into resistance, And in order for the price to return to the upward cycle, this resistance must be broken
NEIROETH, about to explode again soon, may retest 10x again.A new meme coin has emerged and caught the market’s attention with rapid price growth. It’s called Neiro Ethereum and is based on the OG doge meme coin.
After launching, it has risen to a staggering $193 million market cap.
But BTC and overall market selling pressure has dominated everything - and memes took the swipe too -- with so much volatility.
From peaking at a parabolic high of 0.20, NEIRO retraced heavily to an outrageously bargain zone at minus 10x levels to 0.020 zone.
Now, based on the latest daily data metrics. There is an apparent heavy accumulation at the current price range and a strong reversal to the upside is expected from here on.
At a lighter mcap now, the bargain opportunity is too tempting to be missed.
Spotted at 0.0250
Target: Back to previous peak at 0.20
TAYOR.
NEIROETH LOOKS BULLISH (NEW UPDATE)This analysis is an update of the analysis you see in the "Related publications" section
This meme coin is risky and has a lot of volatility
The supply zone specified in the previous analysis rejected the price more than 20% last time
But now with the good news we have for crypto and the state of major indexes, it seems that this scenario is happening.
We have an ABC where wave B was a diametric that ended.
The wave B trend line has been broken and the price is retesting this trend line.
By maintaining the green range, it can move towards the targets.
The red box range is a strong and important supply.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
NEIROETH AND NOW? (FUTURES H4 Y 1D)We are entering buy zones, we must be patient and wait for (0.0785) without leaving orders, simply wait. Taking into account my experience we must wait for it to activate the weekly candle on the next day, since that will be when I expect the next liquidations in BTC (between tomorrow and 5/11 at the latest) do not get ahead of the long, heavy liquidations will come . NeiroEth is forming a quite interesting compression triangle, we will see how it follows. I insist that they do not leave orders, set alarms in the areas and wait for it to arrive to make decisions.
NEIROETH NEW UPDATE (BEARISH)This analysis is an update of the analysis you see in the "Related publications" section
This meme coin is risky and has a lot of volatility
The previous setup is canceled
Based on the timing of the F wave, it appears that the F wave is just ending
Also, the price has hit a supply range and a bearish trend line.
This view is more correct for NEIROETH.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
updateToday, the price touched the ceiling of the channel for the third time with a relatively sharp movement, the movement started from the midline of the channel, there is a possibility of correction to the midline and even the bottom of the channel, a stable upward movement will be realized by exiting the channel
NEIROUSDT Trade the Triangle break-outsNEIRO (NEIROUSDT) has been trading within a Triangle pattern since the September 10 All Time High (ATH). The 1D MA50 (blue trend-line) is almost in the middle of it, so the trend will be neutral and sideways as long as the price keeps trading within.
Our suggestion is to trade to the direction of the break-out that takes place first. If it will be above the pattern (Lower Highs), buy and target the 2.0 Fibonacci extension at 0.2200. If below the pattern (Higher Lows), sell and target the -1.0 Fib ext at 0.0310.
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NIEROETHUSDT breakout or downfall?NIEROETH is on an uptrend with a considerable volume and I expect some actions in 830 level.
However, if the price is to break through the level with volume spike,
there's a good chance the uptrend will continue:
signaling a reversal of the 2-weeks downtrend.
This is pretty convincing due to the current flow of the crypto market.
