NEOUSD.P trade ideas
NEO Bullish Price Action to Continue
hi traders:
I am also looking at NEOUSD to resume its bullish trend.
We can see there was a strong bullish impulsive phrase to push up the price.
We did see a short term pullback, but it was quickly reverse with a fallen wedge, and LTF continuation bullish price action.
Latest price has formed a continuation correction, and price breaks out now. Expect more bullish price action to form and push the price pass previous highs.
Thank you
NEO (NEO) - March 30Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
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You should watch for any movement that deviates from the 44.19212668-46.91600611 section.
In particular, it remains to be seen if it can rise above the 50.22168635 point.
If it falls, you need to make sure you get support at 40.95031112.
If you fall at 40.95031112, you need a short stop loss.
If supported at 50.22168635, the uptrend is expected to accelerate.
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(NEOBTC 1D chart)
We have to see if we can get support at the 758 Satoshi point and climb above the 914 Satoshi point.
In particular, it remains to be seen if it can rise along the uptrend line.
If it rises above the 868 Satoshi point and gains support, it is expected to turn to an upward trend.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
neo 3.0 2021 update Neo 3.0 2021 update
corr needed
But a Chart aims is on a way up!
Cheers. Be rich
NEO ATH TestGood day Traders. Neo the hidden gem with a diamond bottom will test ATH within the next month or so, Its busy gearing up for a big move. Not financial advice, just my thoughts right now. Please leave a like if you agree. Or let me have your thoughts below. Cheers for now.
Head and Shoulders pattern NEOUSDT
BINANCE:NEOUSDT
Expecting a head and shoulder move with retraction to approx 42.50 after which it should move to the level of the shoulders at approx 44.00. Looking at 15 minute chart.
NEOUSD Heading toward previous 2018 Resistance/SupportWith upcoming 3.0 NEO and previous highs I think we could be moving to the $86 range next. From what I can see the volume is steadily increasing which supports the accumulation and likely move higher. What do you guys think?
NEO vs BTC when Alt Season Starts Fib ExtensionsThis is a very rough idea. If we repeat a similar alt season to early 2018 we could potentially use fib extensions on alts to predict ATH based on current BTC ATH since the alts trailed BTC's trend in the last major bull cycle. Current BTC is sitting around 60k, which if you look at the fibs is a little over 300% increase on the 2017 spike. If you apply the same principle to NEO and look at where the 300% mark is, you will see it is somewhere around the $700 mark. This may of course even be a low projection, since alts often have the tendency to multiply greater than btc.
NEO may hit $5000 - 7000 (Bullish Ascending Channel!)An Ascending Channel indicates a bullish trend with the support line connecting consecutive higher lows and the resistance line connecting consecutive higher highs.
In a bull market, every dip is a buying opportunity. Not financial advice, but if we follow the past trends, we can see a $5000+ NEO this year with a MAJOR correction and consolidation to the downside once hitting the resistance trend line again and maybe breaking it..!
NEO has a PERFECT market structure that Whales (bots) will buy into during the alseason and NEO has the opportunity to be BIG in the coming years ahead. We haven't seen nothing yet!
Altseason is coming. The best time to move BTC into altcoins is NOW! (due to BTC dominance looks heavily bearish next month!). Once all the "shitcoins" had the massive altseason run, I will be moving 50% profits into Ethereum , and stake it for long term investment. Other 50% will be use for Lambos and properties ;)
Good Luck!
"Be fearful when others are greedy, and greedy when others are fearful." - Warren Buffet
NEO Chart ArtHead and shoulders and a cup and handle present
Looks like a breakout from a cup and handle
This breakout will likely continue until the yellow (resistance) line is hit
Always liked NEO but never bought any
Maybe its time?
