NEOUSD trade ideas
My Idea Short NEO/USD Reason for entry:
1) The global trend on the daily chart is a downward + approach to the level of support.
2) On the hourly chart, the trend is lateral.
3) Level 9.20
breakdown of the level (there is volume) + rollback + false breakdown with two candles (there is volume).
Entry point 9.18 limit sell order (we are waiting for the entry with the corresponding candle pattern on M5).
Stop level 9.29 (for false breakdown) The risk is 0.11 pips.
Take Profit 8.90
Number of Contracts:
2% of the deposit = stop loss size.
NEOUSD BY SPARTAN TRADER FX POINT OF VIEWDear traders,
My trading system is Spartan 1-2-3 Setup and now I will show you what I see on the NEOUSD chart.
In Daily chart, after accumulation, price broke resistance trendline; then, price created 1-2-3 setup. I will switch H1 timeframe and find small Spartan Setup 1-2-3.
My point of view is 70% for Long, but right now the trend is not clearly, so I will spend 30% view for sell.
Now, I chose stand out the market and observe carefully the price. I will wait for strong breakout candle and order Long when price approaches $9.90, Stoploss will be hit when price falls at $9.28 ( -6% )
Take Profit that I expect is $13.15
Best regards,
S.K
Spartan Forex Vietnam.
NEO Rough LongNEO is testing support for a second time. The levels are not precise, but now would be the time to buy. If we close under the support box, just buy back around the yearly low.
100 NEO added to pile, buying more with GAS from STAKEmy NEO bag will worst case go from little to big boy 20's to 30s EASILY.. for those that didnt believe last time, maybe you will believe this time. I AM NOT UNSURE OF THE INFORMATION COMING IN FROM PUMP GROUPS, THIS COIN WILL FLY HIGH ON THE RUN WIHT THE OTHER MAJOR ALTS!
NEOUSD formed bullish butterfly | Upto 75% expectedPriceline of NEO / US Dollar has formed a bullish butterfly and almost entered in potential reversal zone.
RSI has already visited oversold.
MACD is strong bullish.
Stochastic has given bull cross.
I have defined the targets using Fibonacci sequence.
Buy between: 8.59 to 7.13
Sell between: 9.73 to 12.48
Regards,
Atif Akbar (moon333)
NEOUSD profit nearly 10% till 20.08.2019On the 20.08.2019 from 6:30-9:00PM it will be a community meetup in Berlin there you can learn about next gen Internet and NEO3 from Da Hongfei.
So based on this Info I am waiting nearly 10% of profit till this date.
Buy price is nearly 10$ and sell price is 11$
Good luck!
NEO Price Analysis NEO / USD: Sailing AheadNEO is poised for a technical breakout in the near-term, as the popular cryptocurrency consolidates inside its tightest three-week trading range since March this year. The NEO / USD pair is currently trading at its weakest since May 2019 and is down over sixty percent from its yearly price peak, just above the $24.00 level.
Despite reversing sharply from above the $20.00 level in late June, the cryptocurrency still trades around twenty percent higher since the start of 2019. Short-term technical analysis suggests that the NEO / USD pair could soon launch a bullish rally towards the $11.00 level, capturing a further twenty percent gain.
The four-hour time frame shows that a falling wedge pattern has formed, which is defined as a bullish reversal pattern. The size of the pattern suggests that the $11.00 level is the overall upside target if bulls can perform a breakout above trendline resistance, around the $9.90 level.
The overall upside target also coincides with the NEO / USD pair’s 200-day moving average, which is situated around the $11.00 level. In order to accomplish the upside objective, bulls need to continue to defend the $7.50 to $8.00 support area. Failure under this key area will be extremely bearish from a technical perspective.
The daily time frame continues to highlight a large inverted head and shoulders pattern with the neckline of the bullish pattern located some 60 percent away from current pricing, around the $14.00 level.
The daily time frame also highlights the $15.00 level as a potential upside target, if bulls can eventually break above the NEO / USD pair’s 200-day moving average.
According to the latest sentiment data from TheTIE.io, the short-term sentiment towards NEO is bullish, at 70.00 %, while the overall long-term sentiment towards the cryptocurrency is negative, at 38.00%.
NEO / USD H4 Chart by TradingView
Upside Potential
The four-hour time frame is showing that the NEO / USD pair can quickly advance towards the $11.00 level if bulls can breakthrough strong technical resistance around the $9.50 level.
The daily time frame highlights that once above the $11.00 resistance level, further bullish advancement towards the $15.00 level then remains possible.
Downside Potential
The four-hour time frame shows that if sellers force a bearish breakout below the $7.50 level then the NEO / USD pair could come under severe selling pressure towards the $6.00 level.
The daily time frame currently highlights the $7.50 and $5.50 levels as the main technical support areas. A move under the $5.50 level would invalidate the large inverted head and shoulders pattern on the daily time frame.
Summary
NEO may be getting ready for a strong breakout move, as the cryptocurrency consolidates inside an extremely narrow range band.
Short-term technical analysis suggests that the NEO / USD pair could soar towards the $11.00 level if bulls can breakout from the well-defined falling wedge pattern.
VIBE and NEO partnership for cross-chain communication VIBE and NEO partnership for cross-chain communication for the next era of games.
Hey everybody! On behalf of VIBE & NEO, we’re happy to announce a partnership for cross chain communication for the next era of gaming. It has taken an immense amount of development since 2017 from both companies for this partnership to be possible. We’re very excited to see what the present and future holds!
The partnership between VIBE & NEO will see both NEO & GAS integrated onto the VIBENet chain. VIBENet is a layer 2 solution built for the next era of gaming. VIBENet is able to facilitate instant atomic micro transactions with no gas fees, a necessary component for the next era of blockchain gaming.
To kick off the partnership, NEO will be integrated into the crypto first person shooter game ‘VIBE or DIE’ which is built on the VIBENet chain. ‘VIBE or DIE’ is a first person shooter game similar to Call of Duty and Halo. There is a total of 6 maps for gameplay and the game mode is a Free for All Deathmatch.
Users will be able to play with NEO in ‘VIBE or DIE’ starting the second week of September. The VIBE and NEO team will be putting together a competition of $5,000 U.S.D in NEO to ‘VIBE or DIE’ users playing with NEO in September!
This is only the beginning of a great partnership between NEO & VIBE! Please stay tuned for more updates and information about the ‘VIBE or DIE’ NEO competition in the coming weeks!
NEO ~ Deep Dive 8/20/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.