NEOBTC trade ideas
NEO will explode to NEW ATH soon , perfect cup and handleNEO will explode to NEW ATH soon , perfect cup and handle
Neo breakout a bear trend neo/BTC BINANCE:NEOBTC I just want to share it with u can get some profit from it. Gl
NEO pullback to go downNeo strongly climbed up to top ten at early this year.
before back out from top 10 marketcap.
There should be a momentum on weekly chart.
before that, price need to be flatten. after climb.
it look price shringe now on d1. mark the price at 9k sat to gop up.
THE most undervalue right now . . cheap cheap...
Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later.
As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operate an EcoBoost initiative that’s designed to encourage people to build decentralized apps and smart contracts on its blockchain.
Neo uses Delegated Byzantine Fault Tolerance, and it’s estimated that the blockchain is capable of processing thousands of transactions per second.
Rank #21
Coin
On 167,489 watchlists
Neo Price (NEO)
$103.04
4.92%
0.001846 BTC5.97%
0.04237 ETH14.82%
NEO BTC BULL RUN!As i mentioned in my previous idea i was expecting a breakout to the upside around 2359 area if we could breakout 1600 sat area.
You can check my previous idea from down below.
But from there, price bounced down because BTC having rough couple of days and of course it needed a price consolidation after such a huge run over a year!
If btc price doesnt drop to the 54500 usd area and close 1-2 candlestick on daily chart we can be optimistic about btc and other pairs.
Until then one should be carefull and watch out BTCUSD price action!
Btw right now i m expecting a retrace on BTC because we actually need it!
In the long term, im bullish on neobtc if crypto market doesnt go full bearish mode with btcusd pair breaout to the downside around 45k usd!
Be patient and watch out the market.
IMPORTANT AREA FOR NEOBTC!Neo does not seem to affected by yesterdays sell off and we are at a important price area between 1600 sat and 1530 sat!
Neo is in overbought area daily and volume is decreasing. But not going down a lot in market sell off is always good sign.
If we can hold couple candle stick in 4h chart between this area and volume start to rise i expect price to go much higher around 2359 sat.
Right now it is difficult to enter a trade because there is a clear indecision in all crpyto market assets.
Regardless im optimistic with neo in the long term. Because down trend ended couple months ago and bulls were nearly in full control for the last 2 weeks.
Be careful and have patience always!
Where do we goWe can see NEO back to 0.001670 BTC or moon to 0.005 BTC by this triangle. I prefer 0.015 as it was.
A clear breakout will send itWe are seeing a very clear resistance around this red line level, a clear breakout will send it up 16% at least against bitcoin.
###NOT FINANCIAL ADVICE###
NEO Did Well In Market Correction 😈Today the market experienced a sudden correction that made most of amateur traders so nervous!!! But do not panic folks I believe this one was made by whales movements and market makers plans. As the result we could see a lot of capitals were liquidated due to this correction!!! This trap is for those kind of traders that gamble on high leverages and this is unfortunately what the got from the market..
But let's take a look at Neo in this red bloody market in short-term:
NEO did react really well.. It's buyers moved really strong that made NEO strongly broke it's flag channel upwards so we can expect higher targets for NEO in short-term.
As you can see on the chart I specified first target around 0.002. This target is the result of 1 Fib extension and flag pole target that have overlap..
Second one is the 0.0022 area that is the result of 1.272 Fib extension and long-term resistance area's overlap..
What is your point of view or analysis on NEO/BTC in short-term, I like you to share it in the comment section for me, so we can share our knowledge together.
And, As always, feel free to ask any question about this chart in comment section, I will happily answer you :)
If you like this idea, hitting like button, sharing it to the ones who will find it useful and giving me comment will give me a lot of motivation :)
Crypto|NEO/BTC|LongLong NEO/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Black arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
NEOBTCHey guys
As you can see on the chart and according to BTC moves these days I think we'd better focus on BTC pairs.
As a start I'd like to share this short term analysis.
Hope we gain good profit.
Entry: 0.001041 to 0.001085
tp: 0.001237
0.001402
sl:0.000912
WE NEED MORE VOLUME FOR BREAKOUT!Neo had a good run for couple of months after a strong momentum to the downside. It did bounce in a triangle pattern before a strong breakout to the upside.
Volume decreased a lot lately and we are now in an overbought zone. We need a good volume and buying power to break the resistance line coloured white.
Above this area we can fly high if there is good volume. But first we need wait and see a candle or two above the resistance area. Until it does im not entering any trade.
BTC/NEO SETUP" Break above 200MA = Early signal!Chart is pretty self explanatory. Breaks above 200MA often precede pumps, as do Golden crosses (when the 100MA crosses above the 200MA)
Right now BTC is pumping, which is either another head fake to distract from altcoin setups, or, if BTC.D pulls a reversal, then ultimate alt season really will be postponed.
I'm bullish on NEO either way (see previous charts below), and right now it's respecting this ascending channel.
Hopefully this is the start of a macro reversal and not a macro bear flag; only time will tell, but I'm bullish.
happy trades,
CD
NEOBTC (09-04-2021)Key Support Levels:
- Fib Retracement 0.618 level (recent swing low to swing high)
- Trendline (Two previous swing lows)
- Anchored VWAP (Second & Third previous swing lows)
- Fib Speed Resistance Fan (Second swing previous swing low to current swing high)
- Key level (Old previous POC and Local LVN)
- Monthly level (High time frame)
- Fib Channel 0.25 level (High time frame swing highs and low)
- Rising Channel Bottom (Previous - Current swing high to swing low)
So we got a lot of nice non-biased levels that coincide in one location.
I'm predicting that we will bottom out in around 2 weeks (according to fib time) plus we have plenty of reasons to bounce.
It will be nice if we see the formation of a bullish reversal pattern heading down toward these levels along with strong bullish divergences.
For example, a high time frame candlestick reversal pattern along with a mid/low time frame classic reversal pattern or a bullish harmonic pattern that provides an entry that also coincides with these support levels.
NEONeo also moving towards breakout zone. Once it cross 964 it will change the chart and become very bullish. So buy the dips and re-tests. If get rejected on that attempt, buying pullback to ~830 zone.
