NEOUSD trade ideas
NEO more downside maybeNeo has been the easiest alt to trade lately. I was so unfortunate to close my short early because I was not confident and then bitcoin lost all its support like there wasn't any. Anyway the current formation looks like a bear flag and I think 7.30 is a good entry. As you can see there is lots of overhead resistance. My Stop loss is 7.43. Good luck.
NEOIf the cycle were to repeat itself, NEO is set to have a good run. With an average of the (both) historical "good" run, NEO is set to have a bullish run for the next 170 days (based on extremely vague assumption).
RSI & MACD (Both daily and weekly) aligns with this good sign.
One way to make sure that the trend is on track is through the parallel channel band
NEO approaching shortable regionSimilar to ether this is a long term downward trendline. So good risk shorting from there.
NEOUSD 5daily: 1700% gains (HIGHLY SPECULATIVE)before we kick start the update. your upvotes/subs are appreciated.
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So without further due. Keep it short/simple and to the point.
NEOUSD 5daily: 1700% gains (HIGHLY SPECULATIVE)
IMPORTANT: this is a HIGHLY speculative setup, performance
is not guaranteed, so please use a tight stop loss.
and always do your own due dill. thank you.
Tagged as SHORT as short-term I expect more losses.
Ok guys, how are you doing today? This is NEOUSD
daily we got in spot light right now.
Potential bullish XABCD setup on 5D chart, PRZ
near 1.4-1.6 (best load zone bulls).
TP1 +1200% TP2 +1750%.
Once again, this is highly speculative setup,
returns/performance not guaranteed by any means.
good luck traders!
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NEONEO has made the butterfly's upward harmonic pattern and is likely to climb to 61% Fibonacci ( 12-13 $) And there it will engage with resistance
LTC/USD - on a monthly timeframe let's look at interesting level3,71 cents wasn't interrupted. That's a 2017 minimum.
This strait is where the 4 level stopped.
stopped at 6.68.
Mounting under the level will pull the price down to buy there are two levels of which I defined for myself 5,62 and 5,00 $
A break-down of the level 6,68 will allow the price to move to 8,29
important area in NEO/USDhi guys
I think soon the price will return from the downtrend to the uptrend
The drawn trend line can act as support
And the price will go back
NEOUSD formed bullish BAT | Upto 71% profit possibilityHi guys and gals hope you are well, on 2 day chart the NEO Coin has formed bullish BAT pattern and entered in potential reversal zone to move up.
Lest’s dig the pattern deeper to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $9.69 to $8.80
Sell between: $11.83 to $15.05
Stop Loss:
The potential reversal zone area which is up to to $8.80 can be used as stop loss in case of complete candle stick closes below this level.
NEO/USD; short position!As BTC/USD is completing its downtrend, NEO/USD COULD complete its pattern...
NEO now has parabolic potential on the daily chartI have no emotional attachment to this coin one way or another. If you look back a few weeks ago, we shorted it to the low 11s. However, given the recent resurgence of those lows, NEO clearly has a shot at a parabolic movement upwards. Maybe it will coincide with the platform upgrade to 3.0. It is very important to have a stop loss, maybe if the coin dips under 10 (break of parabolic advance) for a few consecutive daily closes, because these things can go either way. The R/R definitely favors a heavy long here.
NEO | USDPerfectly rejected off the $12 resistance i had setup, failed to break and close above. Hit Entry price zones again, will not buy atm till further confirmation. Same Chart , not edited!
FA : NEO has bullish news and upcoming projects, can help boost the price, Right now can be a swing long term play, can take upto a Month ( End of March , if we go sideways).
Lower End: If we fail to hold, and see more of sell off on all crypto, we can see NEO above $8.25 ish. Lets see !
Neo/USDMy prediction of NEO/USD. This is not financial advice.
From what I can see, if you are interested in Neo for mid/long term at these prices aren't bad and set buy ladders at the fib retrace lines if it does fall lower.
Current trend line support is the green one, longer time frame support and resistance are the red lines. If you're longing, set stop loss underneath green trend line support if it doesn't hold, the worst case scenario would be the white squiggly line. Chart is invalid if red support line breaks.
