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NEO / TetherUS PERPETUAL CONTRACT

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NEOUSDT.P trade ideas

🔥 NEO Has Entered Long-Term Accumulation PhaseBack in January I made an analysis on NEO where I argued that NEO was likely going to see more bearish pressure, which would bring it all the way back to 2019 price levels. Consequently, this could be considered as a long-term accumulation phase in preparation for the next bull-cycle. The yellow line is a copy from the previous accumulation phase and bull-cycle and is there just for visual purposes. Be aware that NEO's bottom is most likely not in yet. With Bitcoin Dominance rising, it's very plausible that NEO can fall another 50%-80% over the coming months. However, if you're looking to dollar-cost-average NEO, this is the time to do so.
by FieryTrading
5
NEO | Bullish Wave Should Begin During The Coming WeekesNEO | Bullish Wave Should Begin During The Coming Weekes After the strong drop on BTC and all the other altcoins we can see that the price is taking a pause in many of them. On the NEO chart we can see that the price completed a Harmonic Pattern in a very strong and old support area as well. This bullish support can push the price up again in the coming weeks or months as long as the price already stopped the bearish movement. Thank you and Good Luck!
Long
by KlejdiCuni
8
💡Don't miss the great buy opportunity in NEOUSD @Neo_BlockchainTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (11.18). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 64. Take Profits: TP1= @ 12.22 TP2= @ 12.64 TP3= @ 13.28 TP4= @ 14.11 TP5= @ 15.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
4
💡Don't miss the great buy opportunity in NEOUSD @Neo_BlockchainTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (11.18). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEOUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 63. Take Profits: TP1= @ 12.22 TP2= @ 12.64 TP3= @ 13.28 TP4= @ 14.11 TP5= @ 15.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2