NEO 12h Are we going to continue to grow to $100?
Almost 2 months, since the publication of the previous idea, have not looked towards NEO
However, over the weekend, there was a notification that the NEOUSDT price reached the target from the previous idea, which means that we need to update our thoughts.
As can be seen from the previous idea, after an uncertain growth, the NEOUSDT price was expected to fall sharply, but the $35.5 level fulfilled its role of support. The level was broken three times by false breakouts, most likely on liquidation of margin positions, however, interested players closed the bodies of Japanese candlesticks above the critical level to preserve the long sentiment.
And although we do not consider ourselves in the cohort of long-term holders of various projects, patient investors could fix the first good profit on NEOUSD
Now the most probable are 2 scenarios:
1. Slight correction above $60 and continued rapid growth to $95
2. A deeper correction can give a tasty price for buying long, but the target from above will be a little more modest $85
Share in the comments the fundamental news that can help the coin's growth
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
However, over the weekend, there was a notification that the NEOUSDT price reached the target from the previous idea, which means that we need to update our thoughts.
As can be seen from the previous idea, after an uncertain growth, the NEOUSDT price was expected to fall sharply, but the $35.5 level fulfilled its role of support. The level was broken three times by false breakouts, most likely on liquidation of margin positions, however, interested players closed the bodies of Japanese candlesticks above the critical level to preserve the long sentiment.
And although we do not consider ourselves in the cohort of long-term holders of various projects, patient investors could fix the first good profit on NEOUSD
Now the most probable are 2 scenarios:
1. Slight correction above $60 and continued rapid growth to $95
2. A deeper correction can give a tasty price for buying long, but the target from above will be a little more modest $85
Share in the comments the fundamental news that can help the coin's growth
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.