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
NEOUSD trade ideas
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 $8.25 ish. Lets see !
Neo/USDMy prediction of NEO/USD. This is not financial advice.
From what I can see, if you are interested in Neo for mid/long term at these prices aren't bad and set buy ladders at the fib retrace lines if it does fall lower.
Current trend line support is the green one, longer time frame support and resistance are the red lines. If you're longing, set stop loss underneath green trend line support if it doesn't hold, the worst case scenario would be the white squiggly line. Chart is invalid if red support line breaks.
#NEO (30min) I can't say this looks very impulsive.The move is sideways with many overlaps ... Breaking red line = down the dumpster
NEO Coin Undervalued. Bull Run Incoming!NEO has been in a downtrend for a few years after the ICO bubble, and after being in accumulation phase for most of 2019, I believe we are on track to a massive bull run (alt season)
NEO Analysis (Requested)I am proud to say that one of my followers requested me to make a chart for the first time! It's a big milestone for me :)
Shoutout to @dgknsmk for following my charts successfully (quote).
Thanks man!
So, the thing is that many of the crypto charts look almost identical.
I personally try to publish only charts which I would act on and to be honest at the moment I wouldn't buy NEO as I do not see a good setup.
There are many bullish things, and some bearish things which is in most charts, but for me to buy I'd like to see us above the 21 EMA and then down to confirm it as support and bounce from it - then I'd consider going into NEO with a stoploss below the 21 EMA.
Also I wouldn't do long term for now I'd play it level by level - box to box.
On the right screen you can see the 4 levels and we are in the middle of two of them, so I'd wait for us to go into one of them to make a decision.
NEO fibonacci RSI growth expectedDear all !
Expecting RSi growth formation at the end of March/April, that can lead to price hype.
Buy zone = 10.43$-13.00$
after testing fib resistance 13.0$ and approved RSI up trend there is possibility to grow to the level of cca 15$
If we cant get over 13.0$ resistance i expect a fall to the level of cca 8.8$-7.5$, where we'll test another support
I feel positive about NEO so keep finger crossed
NEO Symmetrical Triangles?A symmetrical triangle has formed between trendlines on the NEOUSD pair. This is a bullish symmetrical triangle as the first impulse wave was bullish which upon breakout of the triangle will lead to a second wave. A few H&S patterns can also be identified but I haven't listed these as their impact on daily charts is minimal.
Great opportunity to Buy NEOUSD medium termMy strategy is to combine several techniques at once:
+ Price channel and trend line: help me identify the direction of the price,
+ Supply - demand: help me identify the reversal position,
+ Elliott wave: help me determine the cycle of price,
+ Candlestick patterns and price action: Help me enter the order at the right time.
............
NEOUSD Long Enter at 9.19usd.NEOUSD Long Enter at 9.19usd. In the exchange rate, we try to trade the rule that the ATR closes with a symmetric motion of the wave sequence. I've written about this set of rules many times. It is based on the simplest and fastest way to identify a wave amplitude near the ATR closing values when constructing an exchange rate (either). If the same amplitude is obtained for both closing values (long direction, short direction), then it is very likely that an accumulation phase will occur. If the symmetric backtesting theory is correct, the exchange rate may turn north again from 9.19 usd. Then I expect a higher rise to the level of 19.50 usd.
