NEOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has started to move up after hitting the support line and has broken its resistance line, which has now become a support line.
We have drawn a resistance line, if it stays above the support line, it can move towards our resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
NEOUSDT trade ideas
🧼NEO - forming C&H daily/weekly view--- 1D Chart ---
The price is getting squeezed inside of the formation and soon will be forced to make a move either way. It's currently below both 200EMA/MA. After a successful breakout--; so- claiming the upper trendline (daily dynamic resistance) and both moving averages we can expect further growth. The next levels of interest in case of another dump are 31.88, 25.43 and the lower trendline level (green)
--- 1W Chart ---
On the weekly chart we can clearly see a Cup & Handle pattern forming. The price is currently in a very "busy" area of many support and resistance levels and has just touched the dynamic weekly support.
There's a lot of long-term potential here, so if you desperately want to get into something but don't have better ideas, NEO could be an option 🤟🤟 (once this setup plays out)
NEO TREND REVERSAL? Dino Large Cap Mid Term IdeaI did pretty well on NEO after calling the macro trend line breakout that preceded it's final 110% rally during the previous bull cycle.
But, to be honest, it didn't really perform as well as I'd hoped. It didn't even come close to its previous ATH.
I'm not sure how bullish that is for NEO's long-term prospects, and, let's be honest, NEO is kind of a dinosaur. There are a lot of sexier new projects that are DeFi, Dex, or NFT related. I have a feeling NEO has kind of been forgotten...
But if you've been in crypto long enough, you know that the best time to buy is when nobody's talking about it.
But it's important to manage expectations. If anything, it's a blue-chip mid term hold you can buy and forget about until large cap alt szn hits, when you can take a decent (but not face melting) profit.
Neo N3 Update, First Target 200$N3 has many features, great economy structure + features like NeoFS (FileStorage), now NEO waiting for main net new, when it has published the first target is 200$
When we convert NEO/BTC ATH to the dollar now it is something like 380$, so 200$ might not be the highest price target
Not a financial advice
NEOUSDT/ LONG For most of us, life is repeating its cycle over and over. We worked but just waited until after work, satisfied with the small achievements and received automatic paychecks. On the other hand, successful people always like to conquer new things, as a result they climb higher and higher and leave us with unfinished dreams.