its good price for buyI bought neo in the 38.4$ to reach the first target of 61$. I think it's a good support line and it can support at this price.
NEOUSDT.P trade ideas
NEO/USDT Update: Closing the gap to old supportCurrently Neo closes the gap to the old support arounf 40$.
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.
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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.
Neo 29 dollar coming if this pattern breakdownCup and handle forming if it breakdown 28 dollar on the way
NEO Potential Profit Target $250 to $280 if Break UPHere I've plotted 3 fib extensions. The first two are from completed impulses up and the third is a profit target. If we hit the 1.608 and/or the 2.0 level again, take profit is between $250 and $280.
Fundamentally NEO is a solid project with an upcoming major mainnet release.
NEO long time HodlHere is my NEO/USDT chart with weekly time frame, i think NEO has a nice future. The developers doing their job.
You can check on coinmarketcal calendar for some news in the future, and you can read some info with NEO 3.0.
Scalping idea for NEOUSDTIf NEO breaks current horizontal resitance levels, it may go up to its previous resistance levels.
Is Neo ready to go up? Or not?Hello guys, I'm totally new in this area. I'm trying my best to figure it out. Hope, it can help you.
Comment if you wanna add something new.
Possible 60% GainENTRY: $ 80 - 90
TP: $ 145 - 155
Don't forget : Past performance does not always guarantee future performance, and this content does not constitute a recommendation. Use this trading strategy at your own risk.
NEO/USDTAs a Beginner learner, tries to share my opinion in order to verify it in the future to learn from my mistakes and to reward myself if I found that I was right.
If possible, follow me and correct my mistakes so that I can learn from you.
I am a new learner in the cryptocurrencies domaine, and my analysis are not investment advice to anyone, I just want to save an archive of my analyzes in order to monitor my learning level.
thank you so much
NEO Trend confirmedAs you can see, NEO touches the bottom of the channel. we can wait until the red zone and see what happens next...
NEO Downwards Trend.This is my analysis of NEO, there was strong support at 100 that was broken, now the next horizontal support lies at 84 USDT.
Watchout!
