NEOUSDT trade ideas
NEO next targetLike to support and follow for more content!
As you can see, NEO couldn't break above the Golden ration taken from the ATH . Now we expect it to reach 124 again and break above it, if it does, our targets are (mid term):
130
140
170
200
If you go on lower time frame, you can see that NEO is testing the 61.8% of the fib take from the high to the low (110 level), we need to break and close above to see a continuation on the short term.
What do you think?
Good luck traders,
NajjarTrading
NEO has Bullish Trading Setup LongtermHello,
NEO USDT has forming continuous bullish patterns, and not stopping here.
Currently bounced of the 0.5 Fibonnaci levels, and sitting over daily 20 moving average which is bullish sign technically.
the volume is quite good.
Fundamentals :
"RC2 testnet will be set up on May 18th."
To the moon :D
Cheers.
neousdthis is another banger for a futures position, still hasn't hit price discovery and you can take out a future position on kucoin. neo to slow dow right at 107.23 the from there it is going straight to 125-135 zone/ after that zone its going straight up to 170. this is a great play short term won't have to wait long for this one to pop.
NEOUSDT Descending Triangle Bullish Breakout & RetestNEOUSDT Descending Triangle Bullish Breakout & Retest Completed.
The market also filled order block and pumping RN.
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
Buying Zone Above:
Above BZ1: 95.266
BZ2: 96
BZ3: 97
Targets:
TP1: 105.139
TP2: 118.027
TP3: 133.691
TP4: 170.374
Stop Loss: 75.302
NEOUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is a good support and it is starting to move upwards and over time it can touch its targets. We have also drawn a green support line for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
NEO breakoutAfter breaking out of its long descending channel, NEO broke out and consolidated sideways.
Now, NEO broke out of its sideways consolidation and also broke back above 100 (which is a psychological resistance level).
My targets are 110, 121 and then ATH at 134. After that, according to the Fibonacci retracement, we could see a move to 171 and 232, which are reachable targets in my opinion.
For this reason I am very bullish on NEO.
The nearest support level is at 94, and a break below it would be pretty bearish.
Any questions?
Good luck traders,
Remember to protect what you have and not break your rules
Habib
neousdtThis is my personal view of this currency - also the market has high risks. If you do not know anything about these risks, I do not advise you to enter or exit any deals - and you bear responsibility for that -
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NEO/USDT Update: Fibonacci levels turn into spportNEO had a lovely 5x move before we now have seen a bigger pullback.
Drawing the Fibonacci retracement levels we even see that the 0.618 level did act as support twice already.
NEO also used the 0.5 level as new support to follow currently the violet upwards trendline.
If we get some more volume we expect to see further upwards movement.
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.
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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.
NEO TradeLots of bullish signs on NEO.
May be too late but a buy order on the 38.2% fib would be a great entry if it does dip down that low. Stagger buy orders from here up.
Almost all bullish hammers on the 4hr chart in the last 48 hours.
Broke above the 50% on RSI and MACD is showing bullish signs too.
Also showing good market structure with HH and HL's since the big retracement.