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NEO / TetherUS PERPETUAL CONTRACT

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NEOUSDT.P trade ideas

🆓Neo (NEO) May-26 #NEO $NEONEO is having a recovery or even a new rally up to 70$, 90$ and 140$ after a big dump from 140$ to 35$ zone. But just in case NEO can stand stable above 50$ zone 📈BUY -Buy: 53.5-56.5$ -Buy: 48.5-51.5$. SL if B 📉SELL -Sell: 68-72$. SL if A -Sell: 88-92$. SL if A -Sell: 137-143$. SL if A ♻️BACK-UP -Sell: 48.5-51.5$ if B. SL if A -Buy: 29-31$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
NEO/USDT Update: Closing the gap to old supportCurrently Neo closes the gap to the old support arounf 40$. We still did not see new ATH which lies around 180$. However, we stay optimistic for this year to reach new ATH after the dust settles from this current pullback. We broke out of the upwards channel and try to get back in again. The volume over 2021 is high which indicates demand. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
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