🧼NEO - forming C&H daily/weekly view--- 1D Chart ---
The price is getting squeezed inside of the formation and soon will be forced to make a move either way. It's currently below both 200EMA/MA. After a successful breakout--; so- claiming the upper trendline (daily dynamic resistance) and both moving averages we can expect further growth. The next levels of interest in case of another dump are 31.88, 25.43 and the lower trendline level (green)
--- 1W Chart ---
On the weekly chart we can clearly see a Cup & Handle pattern forming. The price is currently in a very "busy" area of many support and resistance levels and has just touched the dynamic weekly support.
There's a lot of long-term potential here, so if you desperately want to get into something but don't have better ideas, NEO could be an option 🤟🤟 (once this setup plays out)
NEO
NEO TREND REVERSAL? Dino Large Cap Mid Term IdeaI did pretty well on NEO after calling the macro trend line breakout that preceded it's final 110% rally during the previous bull cycle.
But, to be honest, it didn't really perform as well as I'd hoped. It didn't even come close to its previous ATH.
I'm not sure how bullish that is for NEO's long-term prospects, and, let's be honest, NEO is kind of a dinosaur. There are a lot of sexier new projects that are DeFi, Dex, or NFT related. I have a feeling NEO has kind of been forgotten...
But if you've been in crypto long enough, you know that the best time to buy is when nobody's talking about it.
But it's important to manage expectations. If anything, it's a blue-chip mid term hold you can buy and forget about until large cap alt szn hits, when you can take a decent (but not face melting) profit.
Neo N3 Update, First Target 200$N3 has many features, great economy structure + features like NeoFS (FileStorage), now NEO waiting for main net new, when it has published the first target is 200$
When we convert NEO/BTC ATH to the dollar now it is something like 380$, so 200$ might not be the highest price target
Not a financial advice
LTC, LONG termSometimes I'm shocked seeing sell ranges, but at the end of the day - it's just numbers... Imagine telling someone once Litecoin is at $3 that it will do over 100x within the next few months... You would be laughed at. Now look at the price from the beginning of 2017 - seeing possibility of c. $3k looks like a matter of time. To good to be true - let's see how this one plays out during this cycle.
NEOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price is fluctuating close to the resistance line. If it can not break the resistance line upwards and stabilize, it can fall to the support line.
But if the resistance line breaks and the trend stabilizes above it, we expect it to move to the second resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
NEO cup and handle#NEOUSDT
$NEO in daily time frame is trying to hold above a support zone, that is near a long term descending resistance too. a break above this resistance can help price reach $60 in short term, next resistance zone is around $79.
In weekly time frame we can see a big cup and handle pattern, which if price going to complete it we can see $155 and then $230 in long term.
Interesting observation - IOTA BTC, not so bullishOnce you are over invested, it is impossible to clearly see market condition - period.
Financial investing is simply psychological endeavour - period.
We are within the same range (red resistance and green support) since July 2019 - period.
Earlier pump of similar price movement resulted in a massive volume spike. This week isn't over yet, I doubt however we will see volume candle doubling in size over the next c. 18 hours.
Possibly recent information in regards to significant number of unhedged shorts on iotausd market added fuel to this short term squeeze - I'm curious to see what next week will bring to our crypto table. For now, since #iota pinned the top BB boundary I'm out, comfortably observing this interesting situation. I believe we are due for another retracement.
NEO (NEO) - October 13Hello?
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(NEOUSD 1W Chart) - Mid-Long-Term Perspective
Above the 23.66260578 point: the uptrend expected to continue
(1D chart)
I think the 23.66260578 point and the 37.84723159-50.22168635 section play an important role as the boundary between the uptrend and the downtrend.
If it rises in the 37.84723159-50.22168635 section, it is expected to create a new wave.
If it falls from the 23.66260578 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
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(NEOBTC 1W Chart) - Mid-Long-Term Perspective
If the price is maintained above the 0.001672 point, it is expected to create a new wave.
(1D chart)
We need to see if we can sustain the price by moving up to the 0.000869-0.001010 segment.
If it goes down from the 0.000716 point, it could touch near the 0.000448 point, so you need to be careful with your trades.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
NEOUSDT long ideaPrice is getting reaction from both from rising support and flat resistance area ( at 48.xx levels). seems it will brake above the resistance and will move to the next resistance area 53.xx usd level. if we pass 53.xx level and stay over it, 100usd or more will come easily. So we can see parabolic rising over 53-54 usd