NEO could bounce thereNEO has just reached a strong support. It could bounce there and go even higher than the strong resistance up there if it breaks out of the ascending triangle.
NEOBTC trade ideas
Neo/Bitcoin, the Price can grow up!We have two potential targets, where the Price will be moving up.
Because of Trend Line, I purpose, that price will continue to bounce and run up.
We have an alternative to choose the best Buy Zone.
Hope my prediction will be true.
Ask me questions, guys!
neo btc SOS TA Fridays 6 march 2020 weekly & daily up trend
strong resistance at
entry = breakout just above wicks
target = 001426
stop loss = unsure where stop loss should be.
Question; Where should stop loss be?
NEO Break up or down? Ascending triangle|Structural Resistance Evening traders,
Today’s technical analysis will be on NEOBTC which is testing its critical structural resistance that needs to break for a bullish bias
Points to consider,
- Structural resistance in confluence with .382 Fibonacci
- Respecting ascending support line
- RSI testing its resistance
- Stochastics in lower high projections
- Volume clearly declining
NEO is testing an important level where a break will negate key technical indicators and change the overall maker structure.
The Ascending support line that is being respected puts emphasis on a probable ascending triangle as NEO puts on consecutive higher lows.
The RSI is near its apex where it must break its resistance for a bullish bias. Stochastics is currently neutral with stored momentum in both directions, it is however trading in a lower high projection.
The volume is clearly declining signalling that an impulse move is imminent, which is true as NEO is in a trade location.
Over all, in my opinion, NEOBTC is probable to break structural resistance, it needs to close above with a retest to confirm an S/R flip.
What are your thoughts?
Please leave a like and comment
And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.”
― Yvan Byeajee
NEO/BTC 8H (Binance) Big fat ascending triangle in formationNEO is at triangle support and seems like it's done with correction from last high.
Let's long this retracement, targets are in safe zone for short/mid term, but long term looks good also and can grow way higher.
In fact, in case the patter would be broken, hold some for big ROE!
Entry= 0.001264 - 0.001238
Take Profit= 0.001375 | 0.001473 - 0.001542
Stop Loss= 0.001127
Risk/Reward Ratio= 1:1 | 1:1.79 | 1:2.35
Expected Profit= 9.91% | 17.75% | 23.26%
Possible Loss= -9.91%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x | 3x | 5x
#NEO/#BTC looks promising. Bullish!!Hello everyone this is a short term analysis on NEO/BTC pair.
The chart looks bullish at the moment we can easily make a 10% scalping.
Just keep an eye on Dominance too.
I'll keep this chart updated.
#Peace
NeoBtc Long opportunity 200-350% expectationSpotted broadening wedge with price bounced from the bottom level of the wedge, with a major wave cycle completed.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to our risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
SELL TARGETS
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Thank you.
$NEO, Not able to hodl ~1500 sats making a LH$NEO
Not able to hodl ~1500 sats for the second time making a LH & now falling below it.
Rejection from here could be interpreted as S/R flip and entry for a short position w/ 1st target at ~1350 sats..
UCTS Sell signals on the 12H and lower TFs
#NEO
NEO - ready for last 5th wave ?In last NEO analysis, I thought, this will be only ABC correction, but it ended up as an impulse 3th wave, so now we will very likely see 5th wave, which should take us to 1800 satoshi. I am putting my stop loss to 1376 satoshi, so risk reward ratio is pretty awesome (14).
NEOBTC 1-Day ChartTo me this chart is saying quite a few things.
When zooming out I can see a historical support and resistance level is .00133820
On the day chart, we have completed an inverse head and shoulders.
After our breakout we have managed to start to form a neutral pennant suggesting it will breakout either way.
A fib retrace suggest that we have bounced off the 50% which is a very big bullish sign.
Buying range is between .00139 and .00134
Selling range is between .0015 and .0016
Sell Loss is set at .00131
NEO/BTC BINANCE4H candles
As long as the price stays in the uptrend parallel channel,
it will continue the bullish movement
MACD crossing bearish (bullish at 1D candles)
volume rising
Good Luck
Neo Still is in a Great buy ZoneHello Traders,
After crossing a important downtrend line, form an reverted head and shoulders and does a pullback the neck line. Neo is in a excellent buy zone and excellent target.
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Best Regards, Sandro e Gustavo.
$NEOBTCBITFINEX:NEOBTC
Back tested broken neck line of cup and handle on even inverted head and shoulders.
Currently making big engulfing bar. More upside with targets as per chart.
#NEO - Sleeping Giant!The coin has been gradually moving upwards for a number of recent days. Several important resistances were broken and flipped into supports.
I can see a huge demand, bulls are much stronger than bears. Moreover, there is a hidden bullish divergence on the 4H chart which can push the price upwards locally.
Targets on the chart mentioned for long-term holding, as I expect to see a great run in 2020 from $NEO. The last level which must be broken is 0.0017, then the asset will turn ultra-bullish and continue growing thanks to the hype.
NEO/BTC LONGHello guys,
I am thinking of opening long trading with 1-3 btc in NEO / BTC parity.
I hope that the price will come here around 1-2 months.
Sharing is not an investment advice.
I am trying myself.
Pull back -> reentry & ltf trend invalidationneo most probably bounce back from fib level 38 or it from 50 . slipped down 61 fib uptrend suspended in ltf
