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NEO / TetherUS

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NEOUSDT trade ideas

NEO/USDT Break Alert!! Indicating Bullish Momentum for NEO💎 NEO has recently exhibited significant market dynamics, notably breaking above the key resistance level of the accumulation phase. 💎This breakout signals a bullish momentum for NEO, with the probability of continued upward movement toward our target area. 💎 However, if NEO retraces back into the accumulation phase area, breaching the support level, it would indicate a false breakout and could trigger a downward movement toward the demand area. 💎 In such a scenario, it is crucial for NEO to bounce off the demand area and reclaim the area above the resistance to resume its bullish momentum. Failure to do so may result in further downward movement towards the key support area.
by MyCryptoParadise_Nathan
3
NEO/USDT bullish horizon from demand? 🚀NEO Analysis 💎 Paradisers, gear up for a promising trading journey with #NEOUSDT, as it unveils potential for a bullish surge from its demand zone. 💎 Delving into #NEO path, we've noted its rise following the closure of an FVG at a crucial supply level of $13.70. Despite a momentary slow-down, we're now eyeing a bullish jump from the demand level of $12.25, enhanced by significant liquidity, making a strong case for a turnaround. Staying resilient at this level may well lay the groundwork for the anticipated bullish journey. 💎 Should the drive for NASDAQ:NEO begin to diminish, we're set to look for a revitalizing leap from the solid demand level at $11.57. Yet, falling below this key level might herald the start of a deeper bearish phase.
Long
by MyCryptoParadise_Simon
2
NEO/USDT Bullish Reversal on the Horizon? 👀🚀NEO Analysis💎 Paradisers, brace yourselves for an exciting trading opportunity with #NEOUSDT, as it's currently lining up for a bullish turnaround from its support zone. 💎 A look back reveals NASDAQ:NEO struggling to surpass its previous high, leading to a bearish sentiment. However, the tide seems to be turning. At the support level of $10.08, where it has already stirred up some buying interest, there's a strong possibility of a bullish shift aiming for the significant supply zone at $15.12. 💎 We, the shrewd traders, are always equipped with a Plan B. Should #NEO dip below our key support at $10.08, we're prepared to capitalize on a bullish rebound from a further support at $9.03. But be cautious, as a drop below this additional support could signal a deeper fall.
Long
by MyCryptoParadise
2
NEO/USDT This area so strong to sustain NEO, Ready for re-upward💎 NEO has undoubtedly garnered considerable attention in the crypto market, showcasing a significant rebound from its demand area. This resilience highlights the strength of the demand, hinting at NEO's potential to resume its upward trajectory. 💎 The focus now shifts to NEO's ability to breach and establish above a crucial resistance level, a move that probability could signal continued bullish momentum. 💎 However, should NEO struggle to ascend towards this key resistance area, there's a risk it might retract to the demand zone. A critical point to watch is NEO's performance in this demand area. 💎 A failure to maintain its position, particularly if it breaks below this zone, would be a stark bearish indicator. Such a breakdown would confirm a downward trend, with NEO likely to slide towards the next support level at approximately $8.7. In a more bearish scenario, NEO could extend its decline even further, reaching a stronger support level.
by MyCryptoParadise
1
🚀 NEO: Breakout from Weekly Pattern 🚀NEO, in a pivotal moment, grapples with a substantial weekly imbalance, acting as a steadfast barrier to further upward movement. Traders are eagerly eyeing the potential for a breakout, especially after three resilient tests of this crucial level, suggesting the emergence of a genuine upward surge. 📈 Key Observations: 💡 Formidable Weekly Imbalance: NEO contends with a significant weekly imbalance, serving as a robust resistance to sustained upward momentum. 📊 Technical Analysis and Pattern Recognition: 🔄 Triple Test Dynamics: NEO's market dynamics involve a thrice-over testing of this pivotal level, indicating a persistent struggle against formidable resistance. ☕ Cup and Handle Pattern: The repetitive testing of the weekly imbalance draws parallels with the formation of a substantial cup and handle pattern, a classic indicator signaling a potential bullish breakout. 🔮 Anticipating a Breakout: 🎯 Third Time Charm: The third test of this critical level is poised to act as the catalyst for a genuine breakout to the upside. 💼 Strategic Implications: 🚀 Potential for Upside Momentum: Traders and investors are closely monitoring this potential breakout, envisioning a shift in market dynamics and the initiation of sustained upside momentum. 📝 Conclusion: NEO's current position, marked by a resilient struggle against a significant weekly imbalance, suggests the potential for a breakout. The recurring dynamics, akin to a cup and handle pattern, amplify the anticipation of a bullish shift, with the third test of the crucial level holding the key to NEO's future price action. 🚀 Unlock my 3 crypto trading indicators for FREE! 🚀
by AlexWhale
NEO/USDT Could NEO Bouncing and continue Upward ??💎 NEO has recently become a focal point in the market, particularly with its bounce from the demand area. This rebound highlights the strength of the demand in preventing further price drops. There's a strong possibility that NEO might continue its upward movement, probability aiming to break through our identified strong resistance area. 💎 In the demand zone, a robust recovery is crucial for NEO. If it ends up merely consolidating in this area without a significant bounce, there's a risk that NEO could lose this key support zone. This could potentially lead to a downward movement, taking NEO back towards the Bullish OB area.
by MyCryptoParadise