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NEOUSD trade ideas

Longterm target Idea NEO/USDNeo made a high end 2017 beginning 2018 but failed to make a new High during the bullmarket in 2021. Because of that we can draw in a very nice and big bull pennant. This pennant is allready 4 years old which is a very bullish sign when we break out to the upside of the Triangle. Second we can see a 1st Leg in Elltiot wave theory and a nice Leg 2 down which ended in March 2020. we are currently in big leg 3 and within that leg 3 we have again 5 subwaves. In the subwave we start probably with Wave 3 which can't be the shortest in this theory. In combination with Elliot wave and the calculation with the bullpennant Neo has a massive upside potential for the next 2 years. 1st resistance at $14 (around 90%move) 2nd resistance at $ 29 (around 350%move) 3th resistance at $53.96 (around 730% move) big wave 1 was 147480% which means 1474x your money big wave 3 could give a 86000% move which means 860x your money but wave 3 can't be the shortest so it could be even more!
BITFINEX:NEOUSDLong
by crypto-start
2
Catching the BOTTOM for altcoins? NO!If you are trying to catch the bottom for a top movers from 2021 bull market and you´re dollar cost averaging all the way down, it may be not as good idea as it seems to be. Catching the absolute bottom is very hard and not many persons can do it. Most likely you will have to wait many months until you will be at the break even or you will make profit. Altcoins after dropping 90 % from the all time high can still drop another 90 %! In this analysis, we are going to have a look at BITCOIN CASH and NEO that were top movers in 2017 bull market and Solana which was a top gainer in 2021 bull market. Bitcoin cash: - If investors were trying to catch the bottom when BCH dropped 77 % from its ATH, they were down 92 % when BCH found its real bottom. - It took 48 months until investors were at the break even - The price never reached ATH from 2017 again. As we can see, NEO which was another top mover in 2017 didn´t reach its previous ath in 2021 bull market: More examples? XRP, XLM, DASH, IOTA SOLANA (just an example. We have nothing against the project or its team): Do you think that Solana will be different? Maybe? Ok. It did very well in 2021 and most likely, it won´t do super good in the next bull market in 2023 or 2024! Why? Because there will be many new coins with a new hype and without bag holders. Conclusion: - Dollar cost average into Bitcoin instead of your favourite altcoins. If you want to DCA into altcoins, don´t throw all your money in as your favourite altcoins can drop always another 90 % and nobody knows how much they will recover! - Waiting for new coins without bag holders may be not bad idea - Bitcoins is a safe bet! - Altcoins = high risk Feel free to share your opinion in the comment section!
BITFINEX:NEOUSDEducation
by vf_investment
10
NEO/USD Weekly Diamond [Interesting spot]Weekly Diamond, Possible price action measured with rectangles. TTM Squeeze on the weekly and curling to the upside General structure '"Bottomed Out" idk about yall but... looks like a good long opportunity idk what else to say. Because if you have not noticed there are weekly diamonds like this all over the majority of top and second tier cryptos right now. like if you break the level above, hit 17$ and.. you make 100% basically (double) whatever you invested like damn, didn't know NEO was spicy like that... I'm long just on looking at this idk...
BITFINEX:NEOUSDLong
by bloodbound696
NEO IGNITION SEQUENCE STARTEDWE ARE FINALLY THERE! NEO has fully completed the last part of the 5-3-5 corrective pattern (), sweeping the lows below the triangle and ending this big a$$ formation with an ending diagonal for accumulation. While holding the past low around 7.70$ we are good to expect a nice wave 1 pump over the next couple of days and weeks. Be sure to have fomo kick in once clearing the previous HH around 13.50$ // when leaving the yellow trend channel to the upside for acceleration Targets much higher. Hold my beer pls ---- No financial advice, do your own research, don't be stupid
BITFINEX:NEOUSD
by NastyBeer
neo usdt quick updatelooking for the best possible entry? no better time than the present. its lambo time lol i find it best to keep the TA as simple as possible and not overthink it like in this chart. we have to stick the upper target at $720 since we have seen most cryptos favoring that 3.618 extension level this past year it might be sideways for a while but your patience will be rewarded on the 4hr time frame we could get 9.50 again but no guarantee. if your a bear please don't try to short this.you missed the short when ethereum made monthly bearish RSI divergence. the risk/reward absolutely favors the bulls thanks for your time rigo
BITFINEX:NEOUSDLong
by rigorocks
2