Target: 0.002 BTC
Oh history, always repeating, until we notice and you change in front of our very eyes. Let this not become another example. I copied the cup and handle from this post And applied that to the previous run we had in 2017. The handle is not a perfect match, as you can see, but the cup seems to follow the same pattern pretty well. Only this time the upper...
Check my previous NEO's TA, that's all.
Neo seems to be in a potential inverse head and shoulder pattern and seems to be respecting it for the moment. Keep in mind that a downtrend line within the right shoulder has been drawn and this resides within the right shoulder.In order to see the right shoulder play its part that would require a breakout from the downtrend line. A potential target for the IHS...
Neo has made several of these bounces in the past month, and this recent retracement happened rather quickly. We are now trading between the .618 and .786 fib levels, and at least a wick should hit the .786 soon. The triangle being formed is still a week or two from closing, and expect a bounce back to above .01355 :)
Shout out to SkrillaKing on youtube, helped me see this pattern and I got in on the last cycle making a quick 14.8% , and I am doing this chart to post in his discord. Neo has gone through 5 cycles recently where it dropped below .011 Satoshi, and bounced to over .013. Although the triangle that is being formed is closing, it looks like it has room for 1 or 2...
The Elliot wave up trends are the least likely part of this graph to hold, and time frame should not be taken literally. These are the retracement zones I will be purchasing in.
If Neo may go down to a low of around 0.1292 ETH before breaking through the Trendline Resistance (A). Once it breaks through Trendline Resistance (A). There is a possible price of about 0.145 ETH. This is a great short term position. A price of about 0.131 ETH is a decent safe spot for entry. But keep an eye on if it manages to break through the Trendline...
Most likely what happens now is drop from 0.013 to 0.008-0.006 levels It may be that this top is just a first wave and significantly bigger wave incoming in MARCH what appears to be called by many a bull month. I will update this idea later when we get closer to the bounce. I expect that 20.02-27.02 is shopping time.
Parameters: NEO/BTC - 4H - Binance Log scale, 15/15/15 top/right/bottom margin scale (if that matters) 8/13/21/55 EMA Philakone style Bollinger Bands based on the Fibonacci ratio RSI hlines at 30 and 70 Technical analysis: We aren't near the ATH, but we did hit 0.144. The boll bands along with the resistance line is making NEO go sideways; this is...
NEO looks to completing a Cup & Handle Formation! Looks Bullish! - Massive Cup & Handle looks to have formed, right now, Handle is forming. If Handle continues as should, expect a breakout of upwards price movement, possibly to ATHs. - Mini Ascending Triangle has formed on the Handle of the Cup, a very bullish sign and indicator of further breakout upwards to...
NEO is currently in a falling wedge pattern against BTC. If it can break out I expect NEO to go on another bull run but it could also trade sideways for the next 3 weeks. If you look at my NEO/USD chart you will understand why. First Target 56k Second Target 72k Third Target 85k Stop loss 10% below entry or under
NEO is my favorite cryptocurrency, owning 50% of my portfolio since October.
GAS which is used by the NEO blockchain network to move transactions. It has reached a low point after coming down many months already. More info on GAS neotogas.com and this is a good blog post about it hackernoon.com Targets: - 219800 satoshi - 295900 satoshi - 381300 satoshi - 449400 satoshi (50% from previous ATH ) The full picture here: I always forget...
1. Mainnet/Testnet nodes will be soon decentralized. 2. CoZ x Microsoft dApp competition will bring new developers. 3. NEX (decentralized exchange) and other great ICOs in 2018. 4. Partnering with Elastos using NEO's smart contracts. 5. Da Hongfei making potential good contacts through conferences & travelling the world. 6. Potential Chinese's governement interest...
What we are seeing here is a bounce off of the support. Historical pricing shows us that this is the 4th time we have done this and the last 3 times we bounced off support we hit $34.5/$41.5/$43.5. I am entered into this position at $32, I am sharing this chart to share why I did so, and the reason why I believe the risk/reward is there. 1. If we break under...
$NEO - looks ready for take off. I posted my NEO chart a few days ago, and if you play that you will see that NEOBTC indeed went to visit the bottom and at the same time arrived at the best entry point (called last week as well). Best entry point if you want to start or consolidate your NEO position. Risk to reward is great at this point, there are chances to go...