NEOBTC trade ideas
#NEO 50x PotentialNeo is gearing up for a huge move against BTC. 56x to the first Base shadow boundary from here..
NEO GOT TOO MUCH GAS IIINeo has the potential for a breakout. currently, NEO holding on an old support to BTC pair and can make a swing to the following targets in the midterm and long-term. the structure is a falling wedge with a violated resistance labeled as R1.
NEO to USDT is also bullish. currently at an attempt to break through its midterm channel for a swing to its midline.
NEO GOT TOO MUCH GAS II
NEO GOT TOO MUCH GAS I
The domination frequency chart below shows the dominance of BTC on Alts-coins.
NEO ON XMAS MISSIONSANTA Riding NEO BTC down to apex of triange on XMAS :-)
Ho Hooo Hoooo
what could be next?
NEO/BTCNeo is currently trending in the green channel, if channel is broken the last support line is the red line. As long as Neo follows within the range of the white EW this play is possible.The 3rd wave cannot be the shortest and wave 4 cannot fall below wave 2 so these are basically the last bullish scenarios left. If red support line is broken this chart is invalid, this is a technical analysis and not financial advice.
NEO/BTCTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
NEO a Dimond with 70% increase potentialneo is going to reach sma200 and at least 70% profit is reserved
How To Trade Fibonacci Retracements Enter where price closes near the 50% Fibonacci Retracement Level. The confluence factors are Support Resistance Level, EMA 10, EMA 20, and 50% Fibonacci Retracement.
NEO/BTCI SEE The double bottom pattern...
double bottom pattern entails two low points forming near a similar horizontal price level and signifies a potential bullish reversal signal. A measured strengthening in price will occur between the two low points showing some support at the price lows.
NEO to the moon...
GOLDEN NEO WEEKLY TRAGET!!!Neo/BTC will buy two or three points on the weekly chart. In bitcoin modification, it is the best place to buy altcoins. I have no idea how much you want to buy or where to buy. Why?
Because at this moment, Neo is falling apart and with patience, you will earn a good profit.
Now look at the chart. Our distance to weekly MA200 is more than 180% profit. Will we get this benefit?
Look at the past of the market. Neo had already reached MA200 and hastily broke the roof. So the market is likely to repeat itself. We have to wait for the meeting.I will complete my point.
Also, this is not a financial Advise for you. And I draw this chart based on my own experience as well as my own trading spirit.
Be in profit!
2021: 2.2x, 2022: 5xloom looks bullish and short term is kinda confirmed when I see it!
75% probably
neo / Btc ( best price to buy and hold )hello dear traders
just HDDL HODL
rady for profit 700 % in one year
NEO/BTC - move upNice support on 2.618 on the chart vs BTC
+ global downtrend already has been broken
Chart vs USD needed only for possible ressistence and price targets
Very possibple in near future, if market won't crush
NEOBTC Long OpportunityNEOBTC holds its RSI support. Also, you can easily see that it has broken its RSI descending channel.
Also, you can see an inverted head and shoulders pattern in the chart.
It is a golden time to buy NEO!!
The target points are indicated in the charts.
NEOBTC Entry Price 0.000873Wait for price to close below 0.000873. Next wait for a retest at 0.000873 for a sell opportunity.
Will NEO hit $1000 by 2025?? (NEOBTC)Dear NEO Nuts!
In their own words, “Neo is an open-source, community driven platform that is leveraging the intrinsic advantages of blockchain technology to realize the optimized digital world of the future.”
Originally launched in 2014 under the name “Antshares”, NEO is a smart-contract platform (and smart economy) that allows developers to build on it. NEO uses a Delegated Byzantine Fault Tolerance (dBFT) consensus mechanism.
Once dubbed the “Chinese Ethereum”, the platform is currently powering over 100 dApps.
It basically has three components that it aims to embrace within the ecosystem:
Smart Contracts
Digital Identity
DigitalAssets
You can learn more about NEO in the official whitepaper here:
docs.neo.org
I. NEO Bragging Rights:
a. dBFT 2.0: A Consensus algorithm with high stability, high TPS, and single block finality
b. NeoVM: A lightweight, cross platform, and scalable virtual machine.
c. Smart Contract: A cross-platform, multi language, supported smart contract system
d. NeoID: A customizable, decentralized, self-soverign identity protocol
e. NeoFS: A distributed object storage solution for on-chain data applications
f. Voting Mechanism: A voting mechanism that enables participation of on chain governance
g. Dual Token: An innovative dual token economic model that optimizes on chain governance and utility
h. Oracle: A built in oracle component enabling smart contracts to access external resources
II. NEO Token Details:
NEO is different to other cryptocurrency projects as it has 2 native tokens, NEO and GAS. The NEO token is a NEP-5 token.
Most Proof of Stake platforms will allow you to stake the native token and receive that same token as rewards. When you “stake” your NEO (by holding it in the NEON wallet for example), you’ll be able to earn GAS tokens.
According to coinmarketcap.com there’s a total supply of 100,000,000 NEO and a circulating supply of 70,538,831 NEO.
III. How To Store & “Stake” NEO:
There are many wallets that support NEO as you can see from the official NEO wallets page: neo.org
My personal preference is to download the NEON wallet, and use your Ledger hardware wallet to access your NEO holdings in combination with the NEON wallet.
Once you have your NEO in the NEON wallet, you automatically start to accrue GAS and you can login and manually claim these GAS tokens at any point you want.
IV. Where To Buy NEO:
NEO is available on many large exchanges including Binance.com, Binance.US and Kucoin. For a full list of exchanges go here:
www.coingecko.com
V. Potential Dangers Of NEO:
NEO shares the regular dangers that all cryptocurrency projects have: there’s always the danger of laws and legalities that could put a pause (even permanently) on the project, team members, failure to create the vision, running out of funding, failing to achieve adoption and so on and so forth.
VI. My Personal Opinion About NEO:
I’ve bought and held some NEO from the early days when it was still known as Antshares. While I do like the project, the fact that they’ve been around since 2014 and are working on “NEO 3.0” (which seems to have an 80% completion rate and target to launch is q4 2020 or q1 2021 but nothing is set in stone), so far the NEO project hasn’t seemed to make the progress that many people were hoping for.
However, the project seems far from dead.
“Neo is investing USD $100 million through its EcoBoost program to accelerate the realization of large-scale commercial blockchain solutions by empowering developers and projects in the ecosystem.”
It is too soon to say whether it can live up to the moniker or not, but the biggest advantage that it has over Ethereum is the relatively low barrier to entry. Since the developers don’t have to learn a new language to create smart contracts it can definitely look appealing. How it fleshes out in the future remains to be seen.
I am not sure whether it will “kill” Ethereum or not, but what I do know is that it presents an amazing platform for developers to add to the ever-expanding cryptosphere.
NEO does have a fixed supply of 100M coins which gives it the advantage over Ethereum of being a sound storage of value.
They also do release their financial reports which is really refreshing to see in the cryptocurrency space, and something that should be rather reassuring for any NEO token holders. The NEO team also publishes regular updates on their blog, and you can see how much was done in their latest May 2020 report here.
Taking into consideration that the GAS yield on holding NEO tokens is rather low at this point in time (under 3% it seems), and the multiple to get back to ATH is nominal in comparison, I do feel like there are better opportunities to deploy my capital than in NEO tokens.
I do believe that the NEO project has potential for success, and that maybe in the next bull market the price will revisit or even exceed the ATH once again. A more realistic price target would be $250 by 2025 which is still a little more than 6x ROI.
So in conclusion, I personally do like the NEO project and will likely hold a small bag of it for a few years as a “moonshot”, but I’ll avoid being too heavy in NEO (nothing more than a 2% of my portfolio overall).
Stay ahead of the masses,
Seth
This is the one... NEO forming a large scale bottoming pattern.NEO seems to be forming a big bottoming pattern and is currently re-testing previous accumilation ranges. I'd say this is another nobrainer place to invest longer term. The charts look good for more upside long term. No need to instantly fomo, this bottom probably has to develop and can take a month or two before it starts taking off. So scaling in over time near the lower ends of the accumilation range is probably the play.
