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NEOUSDT trade ideas

Second wave is under construction in almost of marketsAs I talked many times about the eventual bullish but also corrective movement in the latest updates, I think very well there was the first wave of this big impulsive and so for going further, I predict also a little bearish movement in the few comming hours. So we need to be aware of any signs. So if we are looking for any profitable movement, this little bearish could be intresting. Or if we want take a ticket to moon, we need to wait for price drops about 47 USD (USDT). This formula is predictable in many markets as well. So if you pay attention to my idea and read discription as well, I predicted a long position for later and SHORT position is just for understanding the story about the next sequence. Thanks for your attention. Best regards.
Short
by BearishCryptos
NEO/USDT Support at 200MA. 150% Target at 120$NEO now found support at the 200MA for the second time. Currently NEO is consolidating into the apex of semi symmetrical triangle. We expect some more consolidation into the apex before we find some volume that pushes NEO out of the triangle. Entry is around 50$ and target around 120$. 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. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers 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. - Blue and white line are 200MA and 50MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
NEOUSDT- SETUPNEOUSDT similar situation we have a bearish impulse on the daily timeframe, after a impulse you expect the market to give you a correrction. We also have over sold conditions on the RSI i am expecting the market to make a correction and complete this daily M formation at the neckline before possibly seeing the continuation to the downside. For now what i am waiting to see on the 1hr timeframe is our entry rules to be satisfied for our harmonic strategy, if they are met we will be looking to capitalise on the corrective move and the market to go and complete the M formation at the neckline.
Long
by ITSCRYPTO1
Main Pullback Is in the wayAs You can see in my illustration as mine analyse of today about BINANCE:NEOUSDT there is a bunch of scenarios. But what I think is it's not important what was befor and what will happen is finishing a triangl when price drops to about 55 USDT and then it starts to going up. If what I think works well in the newest updates I could calculate the TP target level. So stay up tuned by following this channel to recieve the most accurate analyse in the cryptos. If you have some questions, please let me now. Thanks for your attention. Best regards.
Long
by BearishCryptos
1
NEO/USDT Closing a flag pattern above the 50$ support lineNEO consolidates above the 50$ line into a flag pattern. We expect a breakout within the next week with the first target at 80$. Volume dropped with the drop of NEO and did not reach previous heights. This either results into a sharp breakout or a further consolidation phase. 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. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers 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.
Long
by tumbler55
2
A little corrective movement is up commingAs in my opinion as a trader who believe to Elliot waves, I need to see clearly a corrective 3 waves after any impulse wave. So after a impulsive movement from 36 USDT to 66 USDT, there is not any corrective wave. An impulse from 66 to 47 USDT cant correcte the latest movement. So another movement from 47 to 62 USDT is clearly corrective like I expected. And now we need a 5 waves impulse to going down to complete our impulse from 36 to 66 USDT. So if the final wave goes just 61,8 % of A wave, it will reach the 50.132 USDT. It is just the minimum movement possible. it could be even more and now it's very soon to say it. So don't scare if the chart shows something different of what you think. it's just some breathing befor going up. If you have some questions or comments please let me know. Best regards.
Short
by BearishCryptos
2
NEO COIN SHORT OR SELL TARGET $20-22NEO after breaking the double bottom at the top with the severe decline of Bitcoin for me not only Bitcoin is weak but altcoins are in the same weakness, here I nominate NEO as an Altcoin that is showing signs of weakness where a loss of $48-$50 could lead to another serious plunge that drags it down to the $20 region. In case you are not a leverage trader be careful if you buy, i guess we will be buying a lot cheaper than now, good luck.
Short
by VictorStone99
NEO Up or DownWe could break the triangle either direction at this point. Volume seems relative, no real revelations there. MacD is about to get a crossover on the daily which could lend to the more bullish perspective here at least for the short term. Many coins are in this pattern and in general most look like a bearish pennant. But when looking from weekly perspective things looks more bullish. My main question is WHO WILL BE BUYING? In the US people have already used up their stimulus checks, and many people were burnt by the big drop recently. I can't imagine that many retail investors have been sitting on the sidelines waiting for this pullback, since most newbies FOMO in at the top just like the institutions like. Curious to hear any input anyone has about where the new buyers will come from. ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡Join the discussion๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡
by Eldal
3
Breakout DowntrendThe Trend Line Breakout technique helps you time your entry in a trending market. You can use a Trend Line to trail your stop loss and ride massive trends. If a Trend Line breaks, wait for the re-test and see if it holds. If it does, the market is likely to reverse in the opposite direction. A broken trendline is a technical signal that can suggest a change in trend is at hand. If low volume ( rather than high volume ) accompanies the break of a trendline, the signal is not as strong or convincing. It can make sense to wait a day or two to make sure that the trendline break is legitimate.
Long
by farshicl
2