NEOUSD Update: Profit=2605372 SL= 423240 Reward/Risk> 6.1:1Trade Setup summary:
Profit targets=2605372 pip (194323 + 431448 + 805310 + 1174291)
Stop Loss =423240 pip
Reward/Risk > 6.1:1
Current Status:
Total Profit: 1922075 pip
Closed trade(s): 733235 pip Profit
Open trade(s): 1188840 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 2020.07.09 :
Closed Profit:
TP1 @ 12.55810 touched at 2020.07.28 with 269456 pip Profit.
TP2 @ 14.50133 touched at 2020.08.10 with 463779 pip Profit.
269456 + 463779 = 733235
Open Profit:
Profit for one trade is 13.82634(current price) - 9.86354(open price) = 396280 pip
3 trade(s) still open, therefore total profit for open trade(s) is 396280 x 3 = 1188840 pip
Technical analysis:
. NEOUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (12.55810) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP2= @ 14.50133
TP3= @ 16.87258
TP4= @ 20.61120
TP5= @ 24.30101
❤️ 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 do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NEOUSD trade ideas
NEOUSD 2020-AUG-13NEOUSD has been holding the lower bound well; with the rallies pushing through the top of the +2 upper bound on 2 occasions as the volume spiked. Trend looks good.
#crypto
Neo bullishAny feedback is welcome!
This is my opinion so don't invest purely on my idea which i made for my own information and entertainment.
Crypto Update : Ranging as Expected ! + NEO analysisHope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
NEOUSD 4D: Resistance breakout 50% gains.(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NEOUSD 4D: Resistance breakout 50% gains.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NEOUSD 4days/candle chart review outlook
::: Speculative bullish setup
::: if resistance breaks 50% gains possible
::: currently chart looks strong
::: retest of highs near 18/19 USD likely
::: 50% gains possible from here
::: strategy: BUY AT MARKET / BUY DIPS
::: TP BULLS 50% gains
::: BUY from my level and get rewarded
::: good luck traders
🔸 Supply/Demand Zones
::: dem/supp N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BULLS
Neo USDT Long Term Target. Target is >1k$Building good long position at Binance using their margin x3 option.
NEO/USD: Multiple Levels of AnalysisNEO/USD was requested by my good friend GBU Professor Wally. I apologize I was not quick enough to respond to his Super Chat on Friday afternoon.
I quite like NEO in this area. On the Weekly Timeframe, we are consolidating following a downtrend and now a long period of sideways and volatile ranging. I identify the current formation as a Rectangle Bottom, which I have a high hit rate with in my discretionary trading. Once our weekly resistance level is broken (weekly close above) it will also flip the weekly SuperTrend bullish. I have marked out our measured weekly profit targets.
On the Daily, we are receiving a potential PTP Daily Swing Long Signal. The actual signal would have been generated on yesterday's candle, however we were above the Qualifying Line generated by our Donchian Base Line. Now we have a potential RBB buy in opportunity and price is within our Buy Zone. Good R/R on this setup.
On the hourly, we can see a potential market bottom being signaled. ICYS Bot has generated a buy signal in addition to Vix Fix signaling a high volume potential bottom.
Trade safely and position size wisely, 2% risk is recommended.
NEOUSD 2020-JUL-22NEOUSD has bounced nicely off the trend line and is currently rallying into overhead resistance. Buy on the breakthrough; as there is plenty of upside here.
#crypto
NEO/USD Strong potential for bullish movement - LONG!!NEO/USD has developed a strong ascending support on the 2H (dark blue line).
Facing some resistance on the 1H (light blue line), however this is expected as it was previously a support when it crashed from $16 to $3.
It is also breaking out of a larger triangle on the weekly.
The fibonnaci retracement and expansion levels match perfectly, and are useful when helping us decide our take profits.
TP1 = 11.91 (always take profit before strong psychological numbers, or even numbers, as this is when other holders are likely to cashout, and your take profits will not be met).
TP2 = 14.20
TP3 = 16.82 (recent high plus matches perfectly with our analysis).
TP4 = 100+
With an ATH of $198, Neo is not even close to reaching its potential. As long as Btc stays stable or rises, Neo should follow suit, even pulling ahead, to catch up to its past.
Due to the strong support created, the accumulation zone right now would be around 9.50-10.8, perfect time to buy to get maximal returns. Going long could yield some serious results.
As always, any comments or advice on the analysis used is greatly appreciated, and encouraged.
NEOUSD D1: upside limited 20%+ correction UP NEXT(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NEOUSD D1: upside limited 20%+ correction UP NEXT(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NEOUSD daily chart review and outlook
::: not a trade setup / warning only
::: speculative H&S setup / BEARS
::: limited upside from here
::: RS /LS symmetry at 11.45
::: strategy: STAY OUT / SHORT IT
::: nice symmetry and likely leads to correction
::: up to 20%/25% losses next 4-6 weeks
::: so recommend to stay out of this market
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARISH
NEOUSD long idea, NEOUSD alis fikriWe see NEO as it is forming up the 5th wave up.
NEO nun 5. dalgasina hazirlandigini goruyoruz.
EW Analysis: NEOUSD Can See A Deeper Corrective DeclineHello traders!
Today we will talk about cryptocurrencies, specifically NEO and its price action from Elliott Wave perspective.
NEOUSD made an impulsive five-wave cycle from March lows, which suggests a bullish reversal at least in three waves A/1 - B/2 - C/3. Since the beginning of June, seems like NEO is making a three-wave a-b-c correction, where wave "c" is still missing. So, don't be surprised if we see another decline towards projected 8.0 - 6.0 support zone around important 61,8% - 78,6% Fibonacci retracement and this is where a higher degree wave B/2 correction may come to an end, which can be followed by strong and impulsive bounce back to highs for wave C/3. In case if we see something deeper and more complex, invalidation level remains at 4.0!
Be humble and trade smart!
If you like what we do, then please like and share!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Don't miss the great buy opportunity in NEOUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9.59874). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEOUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 12.55810
TP2= @ 14.50133
TP3= @ 16.87258
TP4= @ 20.61120
TP5= @ 24.30101
SL= Break below S2
❤️ 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 do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in NEOUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9.59874). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEOUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 12.55810
TP2= @ 14.50133
TP3= @ 16.87258
TP4= @ 20.61120
TP5= @ 24.30101
SL= Break below S2
❤️ 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 do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NEO going downNEO is near strong resistance confluenceing with multiple signs:
crossing 2 daily TL with resistance level and fib ret level forming nice H&S pattern
T - 7$
NEOUSD D1: 25% correction UP NEXT / don't get caught up(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NEOUSD D1: 25% correction UP NEXT / don't get caught up(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NEOUSD 2D chart review and outlook
::: not a trade setup / warning only
::: speculative H&S setup / BEARS
::: limited upside from here
::: RS/LS symmetry at 11.45
::: strategy: STAY OUT / SHORT IT
::: nice symmetry and likely leads to correction
::: up to 25% losses next 4-6 weeks
::: so recommend to stay out of this market
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARISH
