NEOUSD trade ideas
Trade Idea NEO/USDafter the last high-point of NEO we start moving downwards with Lower Highs and lower lows, Followed by a sell of. We came back till our Resistance. We didn't break through and the next sell-off started. My first buy-orders starting around $12 again and in my opinion even $ 10 is possible to go. Ladder in to the downside, Ladder out to the upside.
NEO 40% down from here Flash Crash ImminentNEO is exhibiting signs of TOP reversal here with the fifth wave terminating at 25 bucks should see a retrace back to $15 at a bare minimum imo
NEO: Classic Bearish Divergence (1W Chart)! 30% Gains Possible.Here we will make a small analysis and look at NEO, one of the biggest gainers of 2020 in the alt coin index. We have witnessed one of the best opportunities to take a short here with a relatively low risk ratio since NEO has already pumped. We can enter the trade anytime here and since it is the weekly, we can expect large profits to be made here with just the RSI divergence being the main factor.
We can expect NEO to be one of the first to be the largest gainers for shorting due to the 500%+ gains throughout a span of 6 months, and we can also expect a drop in the overall market due to the Bitcoin Dominance also rising.
Trade Safe.
X Force.
NEOUSD Third Chance: Profit=203% SL=24% Reward/Risk > 8.4:1Third Chance Trade Setup summary:
Profit targets=203% = {TP6 = 16% + TP7 = 37% + TP8 = 61% + TP9 = 89%}
Stop Loss =24%
Reward/Risk > 8.4 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (23.0500) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP6= @ 26.74600 (New)
TP7= @ 31.80547 (New)
TP8= @ 37.11919 (New)
TP9= @ 43.73804 (New)
SL= Break below 21.63000
--------------------------------------------------------------------------------------------------
Status of previous trades:
Total Profit: 485%
Closed trade(s): 399% + 86% = 485% Profit
Open trade(s): 0% Profit
First Buy Trade Setup:
We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 27.07.2020:
Second Buy Trade Setup:
We opened 2 BUY trade(s) @ 15.65555 based on 'previous Forecast' at 09.07.2020:
First Buy Closed Profit:
TP1 @ 12.55810 touched at 2020.07.28 with 27% Profit.
TP2 @ 14.50133 touched at 2020.08.10 with 47% Profit.
TP3 @ 16.87258 touched at 2020.08.17 with 71% Profit.
TP4 @ 20.61120 touched at 2020.08.24 with 108% Profit.
TP5 @ 24.30101 touched at 2020.09.17 with 146% Profit.
27% + 47% + 71% + 108% + 146% = 399%
Second Buy Closed Profit:
TP4 @ 20.61120 touched at 2020.09.12 with 31% Profit.
TP5 @ 24.30101 touched at 2020.09.17 with 55% Profit.
31% + 55% = 86%
Technical analysis:
. NEOUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
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NEOUSD Third Chance: Profit=203% SL=24% Reward/Risk > 8.4:1Third Chance Trade Setup summary:
Profit targets=203% = {TP6 = 16% + TP7 = 37% + TP8 = 61% + TP9 = 89%}
Stop Loss =24%
Reward/Risk > 8.4 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (23.0500) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP6= @ 26.74600 (New)
TP7= @ 31.80547 (New)
TP8= @ 37.11919 (New)
TP9= @ 43.73804 (New)
SL= Break below 21.63000
--------------------------------------------------------------------------------------------------
Status of previous trades:
Total Profit: 485%
Closed trade(s): 399% + 86% = 485% Profit
Open trade(s): 0% Profit
First Buy Trade Setup:
We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 27.07.2020:
Second Buy Trade Setup:
We opened 2 BUY trade(s) @ 15.65555 based on 'previous Forecast' at 09.07.2020:
First Buy Closed Profit:
TP1 @ 12.55810 touched at 2020.07.28 with 27% Profit.
TP2 @ 14.50133 touched at 2020.08.10 with 47% Profit.
TP3 @ 16.87258 touched at 2020.08.17 with 71% Profit.
TP4 @ 20.61120 touched at 2020.08.24 with 108% Profit.
TP5 @ 24.30101 touched at 2020.09.17 with 146% Profit.
27% + 47% + 71% + 108% + 146% = 399%
Second Buy Closed Profit:
TP4 @ 20.61120 touched at 2020.09.12 with 31% Profit.
TP5 @ 24.30101 touched at 2020.09.17 with 55% Profit.
31% + 55% = 86%
Technical analysis:
. NEOUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
$NEO is mooning hard 🚀Not sure if it's going to last very long though.
The divergence on the 3D chart is quite ugly
Neousdt - Seems Formed A Double Top Pattern Hi to all traders!
If you check the 8-hour timeframe. You can see double top pattern more clearly
Unfortunately i can not share 8-hour timeframe
The chart is clear enough and well explanatory.
IF You Agree Hit The Like Bottom And Support Me.
The Information Provided Is Not Trading Advice But An Informative Analysis Of The Price Movement.
Neo inverse head and shoulders? Seems we might be showing a inverse or reverse head and shoulders pattern so hopefully the upward momentum will continue :)
NEO/USDT - Potential Cup and Handle in the Making + DeFi launchNEO/USDT looks like an excellent example of a cup and handle which can breakout any day now.
Cup and Handle with decent target price of $39.04.
There is an excellent chance that this breaks out but like always please conduct your own research.
Please let me know what you think by replying below!
NEO/USDT looks like an excellent example of a cup and handle which can breakout any day now.
Cup and Handle with decent target price of $39.04.
There is an excellent chance that this breaks out but like always please conduct your own research.
Please let me know what you think by replying below!
NEO/USDT looks like an excellent example of a cup and handle which can breakout any day now.
Cup and Handle with decent target price of $39.04.
There is an excellent chance that this breaks out but like always please conduct your own research.
Please let me know what you think by replying below!
NEO/USDT - Cup and HandleNEO/USDT looks like an excellent example of a cup and handle which can breakout any day now.
Cup and Handle with decent target price of $39.04.
Fundamentals also looking great with "Flamingo", a full stack DeFi mint rush, launching on September 23rd. NEO is definately a ticker to keep an eye on in my opinion.
There is an excellent chance that this breaks out but like always please conduct your own research.
Please let me know what you think by replying below!
Neo knows Kung Fu. NEOUSDAt the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.
Triangular Wedge PatternThe more number of support/resistance touching in the line is sign of waiting predictable of price movement.
Risk for Neo! Back to $14 ?If it Head & Shoulder works we can see Neo at $14 where is 0.618 Fibonacci retracement level.
