NEOUSDT.P trade ideas
NEO/USDT Update: Fibonacci levels turn into spportNEO had a lovely 5x move before we now have seen a bigger pullback.
Drawing the Fibonacci retracement levels we even see that the 0.618 level did act as support twice already.
NEO also used the 0.5 level as new support to follow currently the violet upwards trendline.
If we get some more volume we expect to see further upwards movement.
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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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.
NEOUSDT LONG LARGE TERMNEO has formed the same pattern as ETHUSDT formed in the last year, a bullish parabolic uptrend with two main targets, first one to recover the initial price project and second target to double it.
NEO TradeLots of bullish signs on NEO.
May be too late but a buy order on the 38.2% fib would be a great entry if it does dip down that low. Stagger buy orders from here up.
Almost all bullish hammers on the 4hr chart in the last 48 hours.
Broke above the 50% on RSI and MACD is showing bullish signs too.
Also showing good market structure with HH and HL's since the big retracement.
NEO Devil's Advocate PerspectiveI'm holding primarily NEO, so I'm still eye-balling ATH with a possible projection around $700. What if however this is the trendline and we have done everything that's going to happen this cycle?
NEO is looking good!I am long on NEO and so far it is looking quite good! Still need to be very careful though.
NEO is the ONE... Keanu Reeves SAYS BUY.. Escape the MATRIXAgent SMITH is on your tail..... ESCAPE the MATRIX NEO.... BUY-N-LARGE right now at the market price... and take profit just below the all-time high. Take the key from the KEYMAKER and open the doors to MONET.
www.tradingview.com
This is a nifty little 1:5 risk reward ratio.... bet a little stick to win a big carrot. You don't want to be a battery do you?!
Beautiful long on NEO/USDTAfter ETH has teased us all and wiggled back to ATH levels. It may be finally acceptable to allow the faint whispers of the forbidden words of the old gods past our dry cracked lips.
"altszn is here"
When picking the first breakout tokens, one must praise the blood god c'thulu and search for strong consolidation among the alt brethren.
NEO has had a fantastic FUD szn of 4 days and stayed wonderfully consistent with its lows allowing a great breakout entry to the heavens above after the dirty little trend line has been shattered.
TP's and SL on chart don't be an ape, use low leverage.
Neo Usdt targets on chart Neo Usdt targets
Buy: 75-85
Sell : 95,105,130,150..........
Sl 65$
Not a financial advise but these can be possible in current trend
Details are given in chart 📉
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Let me know in comments your thoughts about neo
NEOUSDT - daily chartNEO is testing major support! If we lose this support it will be notable, about 2hours 30min left before the candle close.
For every new follower i will add a new idea :)
NEO Bullish price projection looking for a retest of consistent lower trend line at around 81 and cash flow crossover to confirm bullish price movement. Impulse to 100+ expected.
THE BIGGER PICTURE - $$$Make sure to comment your ideas below.
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Good luck everyone!
Your sincerely,
The_BingeTrader
