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NEO / TetherUS

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NEOUSDT trade ideas

NEOUSDT is creating a descending channel 🦐The price is creating a descending channel above the monthly support. IF the price will have a breakout from descending channel, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
10
NEOUSDTNow that most alt coins are recovering, we can open long positions on some of them. NEO right here looks good for opening a long position. just wait for the confirmation, it has to close a 4H candle above the resistance area and then you're good to go. I've shown the TP areas on the chart and you can also see the support areas. ⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅
by ShawnMCR
1
NEOUSDT Local S/R| Price Action| Trend| Swing High Evening Traders, Today’s analysis – NEOUSDT – trading above its Local S/R with technical confluence, further upside is probable, Points to consider, - Price Action Impulsive - Local S/R Support - Swing High Objective - Oscillators Neutral NEOUSDT’s immediate price action is resting on support that has technical confluence with the .382 Fibonacci and the VWAP S/R/ Local S/R, allowing for a bullish bias. The current objective is the swing high; exceeding this level increases the probability of a trend continuation. Both oscillators are currently neutral, remaining in the bullish control zones is indicative of strength. Overall, in my opinion, NEOUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Don’t blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah’
Long
by The_Alchemist_Trader_
5
NEO-USDT(Descending Channel Formation)Neo's idea of the smart economy is the convergence of three concepts- digital assets, digital identity and smart contracts, it presents itself as the developer-friendly protocol with a vision of being the digitized "smart" economy in the future. In the 1 Hour Time Frame, Neo has been trading in a Descending Channel formation . Currently, it is flirting with the trendline resistance which is placed at $114.50 and if we get a decisive closing above this level, it can move to its ATH levels. Key Levels to watch out for- The support to the lower side is present at ~$99 while it may face resistance at the levels of ~$133 .
Long
by TradeDog-Research