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NEO / TetherUS

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NEOUSDT trade ideas

#NEO/USDT #NEO The price has been moving in a descending triangle since May 2023 price move in up waves Finally, the price reached the upper line of the channel, which is the main resistance line At 9.40 , which is the current price We expect to break the resistance line with targets First target 11.64 Second goal 14.20 Price breake the Moving Average 100 actuly and as usual follow your trading plan and manage your risk. Be patient and good luck! If you like this kind of analysis don't forget to like and follow
Long
by CryptoAnalystSignal
3
🚀 NEO - Double Bottom and Order Flow MagicNEO, a standout in the crypto space, is currently charting a course that's turning heads among traders. The formation of a massive double bottom pattern coupled with strategic order flow dynamics is setting the stage for accelerated growth. Let's delve into why NEO is on the radar, gearing up for a potential surge. Chart Analysis: NEO's Double Bottom Brilliance NEO's chart is painting a compelling picture with the emergence of a substantial double bottom pattern. This classic reversal formation consists of two well-defined troughs, often indicating a shift from a bearish to a bullish trend. NEO's chart signals not just a reversal but the potential for a robust upward trajectory. Order Flow Dynamics: NEO's Acceleration Strategy What sets NEO apart is not just the pattern it's forming but how it navigates order flow dynamics. The coin is strategically executing order flow, especially in the form of liquidity sweeps at key lows. These liquidity sweeps, or order flow imbalances, are contributing to NEO's ability to gather momentum swiftly. Trading Strategy: Capitalizing on NEO's Momentum For traders eyeing NEO, understanding the dynamics of the double bottom and order flow becomes paramount. Crafting a strategy that incorporates these elements can provide a tactical advantage. NEO's potential acceleration, driven by both technical patterns and order flow strategies, opens up opportunities for traders to ride the momentum. Conclusion: NEO's Double Bottom Magic NEO's current market dynamics showcase not just the formation of a double bottom but the implementation of a strategic order flow approach. This combination positions NEO as a potential standout performer in the near term. As traders anticipate the next moves, NEO's double bottom magic adds an exciting layer to the crypto landscape. 🌐 NEO Analysis | 📈 Double Bottom Strategy | 💡 Order Flow Dynamics ❗See related ideas below❗ Are you ready to ride the momentum with NEO's double bottom magic? Share your thoughts, strategies, and NEO insights in the comments! 💚🚀💚
Long
by Yaroslav_Krasko
NEO - RELOADEDSince August 2023, NEO has had a strong run, as have many altcoins, growing ~141%. It is now trading above all EMA's and recently rebounded from the 20-day EMA as support. NEO was one of the first 'larger' altcoins to break out of the bearish to bullish phase a few weeks ago. Since then, it has attempted to break the resistance at ~$15 - $15.60, 3-5 times resulting in long wicks. Each time, the resistance won and short-term support was found with the strongest at ~$11.19. Provided BTC continues consolidating or growing, we can see NEO push even further, targeting the $20 area (67% gain). If this doesn't happen, we could see NEO continue consolidating in the value area between $11 - $14 or finding longer-term support around $9 before proceeding to try again. If it consolidates, NEO could move to the top of the value area in the short-term for a modest 16% gain. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only. Please feel free to leave your comments and thoughts below!
Long
by kush23456
NEO/USDT Possible will retesting phase to continue upward Move!💎 NEO has indeed attracted considerable market attention with its successful breakout from a key level. However, it has yet to undergo a retesting phase at the demand area, previously acting as a supply zone. Upon closer examination at a lower timeframe, NEO appears to be forming a triple-top pattern in the current region. 💎 Triple-top are often indicative of a distribution phase and could potentially lead to a retracement to the demand zone within the range of $10.7 - $9.9. In the event of such a retracement, a significant bounce from the demand area could occur, probability paving the way for NEO to resume its upward trajectory and reach our target area. 💎 In a less favorable scenario, if NEO retraces to the demand area and fails to hold its ground, breaking down from this level, it confirms a downward momentum. Consequently, NEO may revisit the robust demand area, which was formerly a supply zone, indicating a potential accumulation phase.
by MyCryptoParadise_Nathan
4
Is NEO repeating the pattern of the past bear market? Hello everyone! If you're looking for a hefty profit and are willing to wait, then take a look at NEO. On the weekly timeframe, you can see that the price movement is very similar to the price movement in the previous bear market. Back then, there was also a long sideways period that lasted 847 days before the price surged upwards. Currently, there is a similar sideways period with the upper boundary being the 0.236 Fibonacci level, and the asset is at the bottom of this sideways range. The price could still drop to $5.9 per coin. So, the timing of when to open a position remains open. Fibonacci levels serve as targets on the chart. This is not financial advice, and anything you do is at your own risk.
Long
by neverovv