NEOUSDT trade ideas
NEO: a breaf explanationR1 is almost broken up and candles closed above this line. so it's a good sign of a better upward momentum.
R2 is a very powerful resistance, btw it's almost far and there's no need to discuss it.
A: Lead span A is downward right now and for better reliability, we prefer to see an upward slope of this line.
B: Lagging span is above the cloud and price chart and it confirms more confident positive signals based on other indicators.
C: conversion line (blue line) needs to change direction upward. to start another upward movement.
Totally: Neo is very good for the long term. if you've bought way before, you should hold until some conservative signals like breaking down the cloud or moving average can confirm the end of the trend. Also, NEO is very potentialite for short-term trades as well. it
for the short term. don't forget that you have to wait for BTC to close above 49100$. so stay conservative until that moment.
NEO-USDT "Binance"NEOUSDT Technical analysis Update
NEO/USDT currently trading at $52.6
Resistance Breakout
Buy level: $52 - $48
Stop loss: Close 12H lower 47
TP1: $65
TP2: $95
TP3: $140
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
NEO to $140 | #NEO #NEOUSDT Hello padawans,
First of all, do not take this as a piece of financial advice.
NEO is one of my favourite projects in cryptoverse.
People called NEO, Chinese Ethereum.
Okay, let's get into the topic.
How did I predict $140 for Polkadot, it is really easy I have drawn extended fib levels for this DOTUSD chart. So I saw,
Extensions
261.8% 75.7751
200% 64.64
161.8% 87.75
100% 55.28
Bottom as ATL
To NEO to reach $140 BTC should stay above $60000 level.
So be careful.
Good luck my dear padawans,
cheers,
May the force be with you.
If u knew about Neo you know what is going on but if you dont?!Neo try crosses up its dynamic resistance trend line and keep pushin, if we wanna setup eliot waves probably we are in 3th wave ABC correction, and the target may will be the fibo 0.618 retarcement. Also we are right on support zone at 4h time which is already confirmed at this level.
Trade Safe ,Stay focus !!!
NEOUSDT it must break through the resistance 63.22-66.76To be sure of getting a return on their investment, buyers should wait until the market has broken the resistance at 63.22 - 66.76. Once the resistance is broken, then there are no barriers and nothing to hold it back, only one way and that is towards the sky, I even believe that Neo will reach 114usd by 2021.
24h Volume: $504,090,448 and the Mkt Cap: $3,880,470,592 it is about 10% which means that there is a lot of demand for the coin. and will eventually mean that the price will rise significantly.
Previous analysis:
NEOUSDT - Bullish 🌗When i look at this ALTS i get a feeling September will be big!
NEO creating a bullflag under major resistance. After this resistance we can move up fast cause we also dropped fast in that zone !
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TRADE PLAN FOR NEO 20%Hello traders, another opportunity on NEO we can see pullback which is always an indication for a buy entry. from the chart you can see how the price is on a support level and we expect a bounce off to the upside but below the support levels there are entries for cost averaging, its all about the winnings.
Tradehubng
NEO/USDTNote, we are not telling you to take a short position. But are simply providing our thoughts.
1-day time frame
I will be scaling into a short position on neo with a tight stop above resistance. There may be a double bottom pattern forming. BB%B suggests we can expand more. However, MACD indicates buy pressure is weakening, and we are waiting to confirm a bearish cross. The Middle Band acts as solid support. However, Volume seems weak, and we can view a scenario where we tap near the Lower Band before deciding our next move. The RSI is below 70%, which is not necessarily bullish. We will be mindful of the scenario as buy volume can accelerate. We will take profits and lower S/L for-profit along the way if the opportunity presents itself.
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Best wishes,
HONEYITSGONE!
NEOUSDT - Short term correction? Before more continuation higherNeo on the weekly timeframe is starting to provide us with a correction, on the daily timeframe price brokeout above the resistance yesterday inducing buyers into the market and then broke straight back below confirming the move was a fake out and a bulltrap. Now what we can see on the 4hr the price closed back below structure and we now have the possibility of forming this H/S formation, we are waiting on the right shoulder for entry confirmation so we need to see multiple rejections at this zone before we potentially look at opening a short to catch this intraday corrective move to the downside our first target will be the ascending trendline support second target will be the low of the wick on the weekly timeframe.