NEOUSDT trade ideas
✅TS ❕ NEOUSD: low volatility✅✅ NEO doesn't have a clear trend right now.
The volatility of the price movement is low.
The asset will continue to decline. ✅
🚀 SELL scenario: short to 11.21 🚀
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Remember, there is no place for luck in trading - only strategy!
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Neousdt Trading opportunityPrice is trading around very strong resistance which also acting as a NECKLINE.
If a retracement happen from here then we should expect the NEO to form inverse SHS with the Right shoulder turn to be a perfect BUY BACK zone.
But at same time considering the general market sentiment, full attention should be placed on the Neckline, because if price breakout from here, will generate a big rally where the neckline pullback will be a good LONG entry.
Thanks
NEOUSDT → Another resistance retest. The odds go up NEOUSDT forms a symmetrical triangle on the background of a local uptrend. Price is once again testing resistance and any other attempt could be successful.
The 4-hour moving averages act as support, forcing price to test the triangle resistance line.
The price is consolidating above the liquidity zone, hence there are more signs that the price may rise soon
Strong support: 12.15, 11.65
Strong resistance: 13.86, 15.80
I expect that in the nearest future the price will try to break the resistance, and in this case I will wait for its growth to 13.86 and then to 15.80
Sincerely R. Linda!
NEOUSDT 89.48% ✅🚀#NEOUSDT
we published and shared this idea with you in our profile here as you can check the previous analysis for #NEOUSDT
and this analysis gave really good and massive profits
Target 3️⃣ : done✅
Entry price: 8.37$✅
Price reached :15.86$ ✅
Profit: 89.48% ✅🚀🚀🤑
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A Butterfly Harmonic Pattern in NEO🔆NEO network governance token and valid
1️⃣The possibility of forming a butterfly harmonic pattern in this symbol
2️⃣The combination of Fractal, Alligators and Awesome indicators have issued a buy signal in this symbol in weekly time.
3️⃣ Condensation of valid Fibonacci levels of XA return, projection of AB from C and BC expansion at point D in pattern.
4️⃣ According to the time analysis and if this analysis is not violated, there is a price rise to about 224 to 250 dollars until the end of October 2024 (long term).
5️⃣ I have also used Endor fork to draw the path of this currency. The best price target in the medium term is the middle line of the fork, if the price does not leave the bottom of the fork.
6️⃣ RSI and QQE MOD oscillators were also examined and confirm the buy position.
🚫 It is forbidden to buy at once with a high amount money.
⚠️Purchase only in steps and week by week with the same amount (for example, every Sunday 50$) both in the medium and long term.
According to the type of investment, the stop loss has not been determined. You can determine the stop loss based on the following criteria.
✅ C point in pattern (big loss).
✅ The first inverse fractal (about 9$).
✅ Use of ATR with a period of 14 weeks and a multiplier of 1.5 to 2
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NEO has taken taken the red pill - Ready to awakeNEOUSDT:
66% probability of going up for the short term.
Short-term dynamic downtrend breakout and an inverse head and shoulder pattern formation.
even now it's good for entry... but I am looking for a deep entry to reduce the risk Thus my strategy is to wait for the touchdown to 12 - 11.8 and then long for the target of 13.0 - 13.5 $$
See you on the other side of the trade. #Matrix
NEO to 5$Hello Traders,
Today I want to announce that NEO official broke its channel "the bear flag"
So real quick I wanna share my targets !
1- Target ( close one ) : 8.3 - 8.55 $
2- Flag target : 4.9 - 5 $
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Educational :
BEAR FLAG
This pattern occurs in a downtrend to confirm further movement down. The continuation of the movement down can be measured by the size of the pole.
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Thumb up for more on NEO !
Follow for more on ALTCOINs <3
Have a nice day !!
NEOUSDTLet's analyze NEOUSDT over an 8 hour period. As you can see, the price is moving in an upward channel and is currently at the lower edge of the channel.
Let's start with the support line and as you can see the first support is 12.02, if the support is broken the next support is 11.60
Now let's move to the resistance line, as you can see first we have a resistance zone of 13.06, if we manage to break it the next resistance will be 13.87
the MACD indicates neutrality, while the RSI is indicating exhaustion of buying forces, indicating that sellers must return.
Neo is the first cryptocurrency based on blockchain technology to come from China. It has a Proof Of Stake (POS) system that rewards users of the system for having NEO coins saved in their wallet.
Neo does not reward with the same currency, but with a secondary cryptocurrency, Gas.
Neo's programming is very similar to that of Ethereum, which is why many know this cryptocurrency as the Chinese Ethereum. Neo allows smart contracts but improving the Ethereum system.
It aims to be an alternative to Ethereum and aims to convert traditional assets into digital assets through smart contracts. Digital assets will be decentralized and secured using blockchain digital certificates.