Neo Looks Promising Here Formed Falling Wedge In Daily Timeframe ( Bulish Pattern )
printed Massive Bulish Divergence as well (Indicating Reversal)
Incase Of breakout Expecting Massive Bounce
(Note) Always Wait For Breakout To Be Confirmed Neo Will Remain Bearish Till Upside Brreakout
Entry Will Be Invaliodated If Wedge Brokes To The Downside
NEOUSDT trade ideas
NEOUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Target: 8 - 10 - 12
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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NEO coin formed bullish Cypher for upto 23% pumpHi dear friends, hope you are well and welcome to the new trade setup of NEO coin with US Dollar pair.
Previously we caught a very PUMP of NEO as below:
Now on a daily time frame, NEO has formed a bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
LONG SETUP FOR NEOHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the NEO symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
NEOUSDT is testing the supply area inside a rising wedgeNEOUSDT is a digital asset that recently formed a Double Bottom pattern near the $6 area, and it caused a breakout from a downward trend in its price movement.
A Descending Channel is a technical analysis pattern in which the price of an asset moves between two downward-sloping trend lines, creating a series of lower highs and lower lows.
Currently, the price of NEOUSDT is testing a resistance level near $8.5, where the market is forming a Rising Wedge pattern on the 4-hour time frame.
A Rising Wedge is a bearish chart pattern that forms when two upward-sloping trend lines are converging, signaling a potential price decrease as the momentum of the asset's rise weakens.
This breakout would trigger a new retracement, or a temporary reversal in the trend of the asset's price, according to the rules being followed. The market will closely monitor the price action at the support level for a potential breakout, which could potentially lead to further price decreases, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
RLinda ! NEOUSDT-> The bulls are breaking through NEOUSDT opens the potential for a move up to 20.00, a global medium-term target. Consolidation before the breakout works great and we see a breakout pattern
The price passes a strong resistance and now the coin is already in the long zone. On the background of fundamental factors bitcoin pulls up almost the entire cryptocurrency market, I think that the trend in the medium term will continue.
I expect the price to fix above the level of 8.44 and above the previously broken border of the descending wedge to continue growth. Short-term target - resistance 10.13, medium-term target - 12.65
Regards, R.Linda!
NEO Buy TradeHello Traders!
Welcome back to another trade with Analyst Aadil1000x.
Today we are looking for a buy after a breakout of this triangle pattern. Buy limit is at the key reversal area.
NEO Buy Limit @ 8.206
Neo Stoploss 8.048(-1.87%)
Target 1,8.416(+2.63%)
Final Target 8.672(+5.75%)
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NEOUSDT still bearishNEOUSDT looks very similar to BCHUSDT chart. Actually many dino coins from 2017 looks like this.
As the bear market continues , the price can't break the downsloping resistance and it remains in the downtrend. We can see that the price created a deviation but right after that it came back down below the downsloping resistance trendline.
We expect a huge dump before any significant bounce. If it happens NEO would reach close to $4 which are lows from March 2020.
It also likely that we will see price lower than this if the bear market continues.
Any bounce probably will be a short lifted and the price eventually will go down.
On the chart you can see 2 possible scenarios how the price would drop towards $4.
Good luck
neo longneo can push upside in the near future(from 6.5$ to 25$ )
there are senarios that helps
1.btc if pushed down below 16k a new altcoins season for those coins that their pair with btc is on the up side
2.btc gets back to its powerfull demand (15.5k - 18.2k) and shows a strong signal that buyers are coming back and the sellers should be weak then the alts pair with btc should be ranging or puto upside (in that situation the alts can gain a lot
NEO/USDT: Ranging into the lower flat channel BINANCE:NEOUSDT BINANCE:NEOUSDTPERP
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$NEO is still moving into a ranged zone within $6.8 - $6.0;
Based on the range formed here, I want to take a SHORT right below the current resistance zone take partial profits along the down till $5.5.
Stop-Loss should be located a bit higher above the local high at $6.785 to avoid the possible deviation and stop-hunts above it...
I'll trail my stop-loss once it reaches the Target1.
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@Helical_Trades