NEOUSD trade ideas
NEO starting it's rallyNeo is about to test its support/resistance and it also broke it's downtrend.
Breaking that means next target is around 22$
NEOUSDHi my dears
You can buy NEOUSD after resistance breakout.
Price: 9.82
TP: 11.9
SL: 8.2
Good Luck
NEO/USD - POSITION TRADEHi, today we are going to talk about NEO!
In this chart, we observe an excellent opportunity of buying in the long term (Time Frame: W1). Details are highlighted above.
Thanks for reading, and have good trades.
NEO (NEO/USD) - Technically a Strong AreaTechnically a 'perfect' mid-term entry area would be $8.5-$10, criteria:
- Different Fibonacci retracement levels
- The round number $10
- Previously worked resistance areas which now becomes support levels
- Curve trendline from the bottom
From the technical perspective, this level should be pretty strong, add here some fundamentals, watch closely what BTC does, do Your own research, etc.
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice weekend,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
$NEO possible buy, if BTC doesn't do crazy things$NEO possible buy, if BTC doesn't do crazy things
$NEO possible buy, if BTC doesn't do crazy things
$NEO possible buy, if BTC doesn't do crazy things
NEO about to come back in $20 prices?NEO about to come back in $20 prices.
NEO has a strong bounce. So long bitcoin is stable and do not have big moves NEO has opportunity's to break out.
If bitcoin will fall NEO will fall also. So we should see!
Please leave a like and share your opinion
And do your own research
Goodluck
NEO/USD: Crypto-Swing-Trade! What a CHANCE!Hey cryptomaniacs,
welcome to another free signal for the crypto-space!
Instructions: Wait for the Break above the resistance and BUY!
-----------------------------
Type: Swingtrade
Buy-Limit: 10,61
Stop-Loss: 9,76
Target 1: 11,39
Target 2: 11,87
Target 3: 12,59
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Time to buy NEOWe have been patient long enough, Finex premium fucks up the chart, could go 8-8,5 but as we sold much h,igher it is time to be greedy.
Hey NEO! It's Do Or DieWill we see $16 and then $26? Or will we see sub $4 prices for NEO? We're at the breaking point here. 2-year lows on the Bitcoin ratio as well. Definitely one of the least bullish looking altcoins. It's encouraging, however, that we're still in our uptrend against the U.S. Dollar. NEO needs to bounce here in order to remain bullish, so this would be a final buying point for people who believe NEO is undervalued.
NEO has already broken out of its bearish channel, but that wouldn't mean much if the current support is broken. We probably wouldn't get back into that channel, but NEO could test the top of it as support (my red X) if things go south. On the upside, if sentiment changes drastically for NEO, we could see it actually moving up to test the previous uptrend as resistance (pink). That gives a price target around $26 - a nearly 300% increase from here. Before that, I can see it getting capped by the top of the current uptrend channel (red), around $16. Right now, we're right at the bottom of this bullish channel and very close to breaking down and causing it to become a giant bear flag.
This is a clear trading opportunity for those who are feeling risky. NEO has a lot to gain or lose. There isn't much support on its Bitcoin pairing, so we will need to see that the USD chart has some merit. If you look at my analyses on ETH, you'll notice some similarities between the NEO and ETH charts, but the differences make NEO look bearish by comparison. ETH, for instance, hasn't made a new low against Bitcoin. The bullish idea for NEO will be invalidated if it breaks down hard and starts to head back towards the lows. I may consider dropping NEO from my portfolio if things don't improve soon, though I really like the project. This would be unfortunate indeed. This is its last chance for redemption, in my opinion.
In any case, this is not financial advice. It is purely my opinion based on what's going on. Just wanted to post this for future reference, to see how it plays out.
-Victor Cobra
NEOUSD TOURNAMENT TRAINING$10.058 (+4.02%)
Total books: $13,241,578.88 (+9.014%)
Global Bids: $6,199,478.9 (+7.35%)
Global Asks: $7,042,099.98 (+10.48%)
24hr Volume: $72,268,476.9 (+7.97%)
PREPARATION TOURNAMENT.
Who is hitting the tournament I am preparing for. Receive a gift from me!
Who knows, write in comments + and option
NEO/USD good time for a little bit NEOHi guys, NEO is in the ascending channel and now is a very good opportunity to buy and hold, that would get a good profit from this trade.
NEO / USD Price Analysis: Taking In WaterNEO / USD Short-term price analysis
NEO has a bearish short-term outlook, with the NEO / USD pair now trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that the smaller head and shoulders pattern has now reached its downside target, while a much larger head and shoulders pattern is starting to emerge.
Technical indicators on the four-hour time frame are attempting to correct higher, following the recent sharp decline in the NEO / USD pair.
Pattern Watch
Traders should note the downside target of the larger head and shoulders pattern would take the NEO / USD pair to a fresh all-time trading low.
Relative Strength Index
The RSI indicator on the four-hour time frame is also correcting higher, although it has yet to turn bullish.
MACD Indicator
The MACD indicator is neutral on the four-hour time frame and is currently failing to generate a clear trading signal.
Fundamental Analysis
NEO has also released several important announcements that have the potential to change its bearish short-term outlook. The company has announced plans to migrate to a new blockchain implementation, which will introduce additional improvements in performance of the network. In addition, NEO has partnered with Zeux, a London based Fintech company which will enable holders to spend NEO in all stores accepting Apple Pay and Samsung Pay with Zeux app. This news could generate new interest in the project, at least in the short term.
NEO / USD Medium-term price analysis
NEO has turned bearish over the medium-term, with the cryptocurrency now trading below its trend defining 200-day moving average.
The daily time frame is showing that the NEO / USD pair has now eroded all its earlier monthly gains, with cryptocurrency creating bearish lower lows.
Technical indicators on the daily time frame have turned bearish and continue to generate sell signals.
NEO / USD Daily Chart by TradingView
Pattern Watch
Traders should note that a large head and shoulders pattern is now starting to take shape across the daily time frame.
Relative Strength Index
The RSI indicator is bearish on the daily time frame and shows scope for further downside.
MACD Indicator
The MACD indicator on the daily time frame has turned bearish, with the MACD signal line continuing to generate a sell signal.
Fundamental Analysis
The medium-term prospects for the project do not look particularly promising. Although the project is taking steps to improve its technology, it is clearly losing the competition to bigger networks, such as Ethereum, EOS and TRON. The new blockchain (NEO 3.0) that the team is planning to launch in Q2 2019 will introduce an improved technology, but it is questionable how much and how quickly it will help NEO to solve its adoption problems.
Conclusion
The technical dynamics for the NEO / USD pair have now shifted, with the cryptocurrency turning bearish across both time frames as the recent reversal gathers pace.
Bearish patterns are starting to take shape across the four-hour and daily time frames, which suggests that the NEO / USD pair could still trade much lower.
