Could NEO be distiguished in the next altseason?As NEO it's one of my favorite crytpo to invest, I hold 100 NEO in my Quantury app by contracts.
This chart if from Bittrex exchange and we see that NEO it's startign the bull cycle right now. Wake up gusy, NEO is sleeping!!!
So, in mediuk term we will see a NEO above of $100 USD. It's the ebst opportunity to continue bought NEO
That was an accumulation and right now NEO is prepare and we could see in the next months huge news of this altcoin.
This is an outlook of what NEO is prepared to continue up, NEO it's into this ascendent triangle and the key support line confirmed a bought zone!!!
So, I believe that NEO it's one of my favorite digital coins to invest together with Bitcoin and Cardano, and also Tezos. So guys, if you want to created a crypto portfolio using Quantfury App contracts. Don't over leverage. My reccomendation it's to take as maximum 2-3 cryptos. I know that we can't to use my complete portfolio. But for the next years, I can to invest in more in stocks, cryptocurrency and more when Bitcoin and altcoins goes to the moon!!!
If you like this analysis, please get me a like and share this analysis with your friends and another traders.
Investing in NEO cold be a next revolution of the new economy tendence in the virtual world creating Dapps to resolve all issues into the world for the next smart-economy.
If you want to check my NEO fundamental analysis, please you can to goes below of it!!!
NEOUSD trade ideas
$NEO 2020-NOV-21𝗡𝗘𝗢 𝗟𝗢𝗢𝗞𝗦 𝗧𝗢 𝗕𝗥𝗘𝗔𝗞 𝗧𝗛𝗥𝗢𝗨𝗚𝗛 𝗧𝗛𝗘 𝗠𝗔𝗧𝗥𝗜𝗫
NEO is looking very strong on the bottom of the rising channel, however there is still some overhear resistance that it can't quite break through. The moment it does break through, though, there is a lot of overhead room here. The volume is rather disappointing at the moment, which is interesting given what the rest of the market is doing - but we take what we are given in these scenarios.
RSI has plenty of room to run too, with no clear divergences that would usually indicate that the channel could fail. Once the white box is breached, this is absolutely worth watching...
#crypto
NEO entry in the bull run right now confirmed!!!Hello guys, in this update, I want to make a technical analysis that NEO show a huge, but huge opportunity for long-term as investment in 2021. And I believe that this cryptocurrency could be one of the distinguished in the next bull run into the altcoins. Also, noticed that NEO it's one of my favorite cryptocurrency and the most appreciate by the fundametal analysis that I make it for the community,
NOw, in monthly, we can to compare the past bull run of NEO and we see that NEO it's sleeping right now, and I suggeted to pay attention in this chart on monthly timeframe. Imagine a NEO in the higher price never see it.
NEO show in weekly timeframe a bull run confirmed and the price it's right now starting this cycle. NEO broke up the important resistance formed of accumulation from 2018
So, in summary I like the monthly timerame adn we see with so clearly that NEO is bullish!!! So, yesterday I buy 120 NEO contracts in my Quantury App trading as investment for long term. Quantfury is a crypto broker that you can to invest in cryptocurrency as trade it just deposit a capital required that they gave you a leverage fixed for they.
So, I didn't sell any 120 NEO contracts in my Quantury App, but also, in Quantfury you can to buy cryptocurrency without have assets, the advantage it's when you buy a contracts and you still your contracts for long term, your satoshis or Bitcoin make revalue making a investment. I suggested to prove the Quantfury App, it's the best of their class to invest in cryptocurrency.
NEO might be ready to go up, NEO yukarı gitmeye hazır olabilir!It seems like NEO has completed its ABC correction; If it does not make a complex structure near the green ((1)) wave and passes it is time to go for new highs.
NEO ABC duzeltmesini tamamlamis gorunmekte; Eger ki yesil ((1)) dalgasi yakinlarinda kompleks bir yapiya girip asagi donmezse, 3. dalgaya gidisi ile yeni zirveler getirecektir.
Resumed NEO Trading with Tight SL (Is this correction?)Now I am going to retest the NEO buying potential and added a long position on BINANCE with a tight SL.
I potential going to attempt to SL efforts:
a) Buying at 14.710, SL = 13.75
b) Buying 10-11 Range, SL=-8%
Upside extension is the restest of the recent high but first profit taking near 20.
If the impulsive wave (final surge) continues, it will retrace 23.6% near 50.
Good bet here!!!
Neo formed ABCD bullish pattern!!!So, in H1 timeframe. NEO forme a bullish pattern, but we can see continue drop in the price!!!
But, we will need to take a perspective that in the purple quarer that I mark, NEO touch the EMA 200 and in any moment NEO could to change the trend and we can to be cautelous when the price touch the EMA 200 and we can see a possible change o momentum of the trend.
It's so interesting.
But right now, we nee to confirm the 0.618% as posible continuation o the bearish trend but limited!!! So, my target proti will be $13,67 USD and my price entry it's around of $14.79 USD with a SL at $!5.28 USD. So, we would need to take this perspective.
So, I do not entry in H1 timeframe until we see any bearish pattern in 30 minutes. That it's my key to trade this par!!!
So, the trade it's very good, but we will need to be cautelous and it's very possible that NEO make a little correction and I hope any change o trend!!!
So, the most is to hope that NEO make a coirmation on this green zone to entry in the little short position of just exactly $1 dollar drop in NEO.
4.11.2020 - Neo (NEO / USD)Hi Traders!
After a long time, we will look again at the NEO / USD analysis. On the chart, we basically summarize also other altcoins, which look very similar.
On Neo, we can see a huge difference between Bitcoin and altcoins. Bitcoin is holding its maximum in this trend, trying to beat the USD 14.000 level. Altcoins are mostly in a deep correction. Specifically, Neo dropped by up to 50% from its maximum.
This is due to the dominance of BTC, which we talked about 2 weeks ago. But let's go specifically to the NEO / USD trading pair. We perceive it as extremely negative that Neo failed to hold the trendline, which has not been significantly violated since the beginning of March. The problem is not only that it has not been able to sustain it, but also how the decline is taking place. If we look at the dynamics of growth and decline, we see that the dynamics of decline is slightly more pronounced. Another negative news is that this decline does not slow down at all.
It would be best for Neo to be able to return to the trendline as soon as possible. It is currently on the MA21 support, which could slow down the whole fall. We see the values of USD 11.37 - 12.45 as the strongest support. RSI is also below the trendline, which is also not positive news. Again, it should be borne in mind that the cycle always consists of growth, decline, and consolidation. Consolidation is what this chart currently lacks, so we do not expect the Neo to start growing in the foreseeable future.
May the crypto be with you!
NEO in HS pattern around neckline.This crypto currency is reaching point of control for bottom in March at 1D chart.
I personally not buying. But it will be interresting to wach, how this pattern figure out.
Beam indicator is green and volume tightening so breakout is near.
However, if NEO fall below lower blue rising line, I expect this asset below 10usd ( HS target ).
This HS is officialy broken. Conclusion probably come next week with Bitcoin direction.
Let's see what happen.
*This is not a financial advice.
Short Position: NEO break down the bearish flag!!!Right now, we see a currently short position that NEO is leading toward the $12.30 USD, that is my exact target profit in NEO.
In H1 we se in this bearish flag and NEO came from the bearish trend before that appear the formation of this bearish flag. so we see a good shorting position in NEO.
Also, in H4 we see another confirmation and validation extra that NEO it's prepared to go down!!!
Also guys, I follow NEO and I entry right now in the market price to sell NEO. I prove to sell 50 NEO lots because on my first plattform in Prime XBT I was divided my money capital that I generate in the Forex, crypto and commoditie funding in Bitcoin. So, I trade this altcoin.
Neo show another good opportunity in medium to long-termWe see that NEO is into this accumulation zone yet, and we could to prove to buy more NEO when the price reach the 0.618% of Fibonaci, in the price of $!2.32 USD. Also, as I see, we see that NEO showing us a good opportunity to shorting this cryptocurrency!!!
It's a good opporutity
Did you know, NEO is my top #5 crypto and it's one of my favorite crytpo to find out cryptocurrency signal. Also guy, I use the Phemex crypto-broker to trade and accumulate altcoins for the next bull run. I like to trade cryptocurrency and find out goods opportunity making trading as investments!!!
NEOUSD & *Completed* Wyckoff AccumulationBackground:
This is continuation of this post in which we explore the Alt Coin Market Cap showing signs of Wyckoffian accumulation. Please review this chart work first.
Chart Analysis:
It appears that NEOUSD, the 20th largest crypto coin by market cap, has recently completed Wyckoff Accumulation and is currently undergoing a Wyckoffian SOS or "Sign of Strength". If accurate, this would indicate that the Composite Man, the marionettist of macro markets, is leaving the accumulation phase and beginning his macro markup campaign. This is particularly exciting since the last time we saw a similar macro example was in 2015 with BTCUSD where it made a ~100X return from the accumulated lows. Something similar here would suggest ~$400 NEOUSD at the end of the upcoming bull run.
Note: A return to the prior trade range ($15.50 or below) would disqualify this setup as shown. More consolidation would be needed before a macro pattern could be identified.