NEO
Another red days comeHi every one,
In the last past days markets had very complecated situation without any breathing rest time and I know there is a lot of people lost money or at least were panic. But the bad news for them is there will be another drop again. As I illustrate in this particular market, price goes down at least to 30 USD or maybe a little more. And then market have to choose one of the pathes I draw to continue its bearish movement to go more more down.
I hope you enjoyed of my analyse. For more updates please follow me. Also if you have the question please make a comment and let me know.
Thanks for your attention.
Best regards.
Still bearish on NEO NEOUSDIndeed. Neo failed to establish a new impulse, unfortunately. Albeit strong recent drops, too little time has passed to make on viable anyway. Looking at the charts, initial goal is the red dashed line and then we will reassess. But remember, this is not financial advice, just like all our other posts. Please do your own research first and then make decisions based on that.
This is the one... NEO forming a large scale bottoming pattern.NEO seems to be forming a big bottoming pattern and is currently re-testing previous accumilation ranges. I'd say this is another nobrainer place to invest longer term. The charts look good for more upside long term. No need to instantly fomo, this bottom probably has to develop and can take a month or two before it starts taking off. So scaling in over time near the lower ends of the accumilation range is probably the play.
Abaxx Technologies $ABXX /$ABXXF TANotes state my thoughts on the matter. I could see price being supported by the LR mean if a roll over does occur.
There is SPECULATION that Abaxx may be awarded its clearing house license over the coming week. This may provide the catalyst to push Abaxx out of its DTL. I am holding long shares and looking to see some tight price action in the +3SD channel to set up a push up.
Abaxx is a pre-rev company and trades on the NEO exchange in Canada. It trades OTC on the QX by the ticker $ABXXF. You can expect spreads of up to 0.05. I recommend Limit Buys.
As always do your own due diligence before buying a security, especially a pre-rev one. And follow your own trading rules.
Cheers,
Luke
NEO formed bullish BAT for upto 31.5% moveHi dear friends, hope you are well and welcome to the new update on NEO coin.
On the daily chart, the price action has formed a bullish BAT.
Buying and sell targets:
Buy between: 0.001259 to 0.001204 btc
Sell between: 0.001389 to 0.001585 btc
Stop loss:
The maximum extent of buying zone can be used as stop loss, that is 0.001204 btc.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 31.5% and the loss possibility is 5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
NEO/USDT Support at 200MA. 150% Target at 120$NEO now found support at the 200MA for the second time.
Currently NEO is consolidating into the apex of semi symmetrical triangle.
We expect some more consolidation into the apex before we find some volume that pushes NEO out of the triangle.
Entry is around 50$ and target around 120$.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue and white line are 200MA and 50MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
NEO (NEO) - June 10Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(NEOUSD 1W Chart)
I think it's good to keep the price above the 50.22168635 point to create a new wave.
If it falls below the 23.66260578 point, it may take a long time to rise as it enters the long-term investment realm, so trade cautiously.
To create a new wave, we need to break out of the downtrend line, so we have to watch to see if it follows the uptrend line.
(1D chart)
You have to wait for the movement to rise above the 81.99678728 point after going sideways in the section 43.70791888-62.85235308.
To transition into an uptrend, it needs to rise above the 58.57620000 point and find support.
However, in order to accelerate the upward trend, it must rise above the 81.99678728-91.56900381 section.
If it falls in the 34.13570235-43.70791888 section, Stop Loss is required to preserve profit and loss.
However, it can touch the 23.66260578 point and can rise, so trade cautiously.
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(NEOBTC 1W chart)
It remains to be seen if we can create a new wave that rises above the 0.002858 point.
If the price holds above the 0.001236 point, I think it is more likely to move along an uptrend line.
If it falls below the 0.001236 point, I think it will likely take a long time to rise as it is entering the long-term investment realm.
Therefore, careful trading is required.
(1D chart)
We should see support at the 0.001291 point and see if we can move higher.
If it falls from the 0.001291 point, Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
To convert into an uptrend, it needs to rise above the 0.001572 point and find support.
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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 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 with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
wait for NEOUSDT upcoming...Here is a good strategy for NEOUSDT to enter and Hold for a long time.
but, Don`t miss MA26, In my humble opinion:
The best target to enter: 39.829
The best target to close (with lower risk): 50.000
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Have a great day >_-
I decide to buy NEO contract; why?Looking the Daily chart, NEO it's in the accumulation zone that you can to buy this cryptocurrency to hold or buy in contract to leverage with NEO/USD. This cryptocurrency it's show us a good trade to keep to medium term. That mean that in medium term, you can to earn a lot money if you keep this position to $130 USD. But using my broker Simple FX to accumulating more Cardano coins. Also, I want to show you my own strategy if you want to accumulate Cardano in Simple FX in my others post. Remember, my goal it's to reach my 20,000 ADA coins.
Now, looking in the Daily timeframe, NEO form a simetri trianlge in the key spport line, this line it's a good point that you can to invest in NEO or buy contract leverage in your trading, and alos that NEO make support in the $47 USD and $55 USD. That it's a key zone that you can to buy NEO contract or investment. But that it's my prediction how I see NEO in medium term to go back to $130 USD. Right now, NEO price it's around of $55 USD.
I entry in the market price until the target at $130 USD and SL around of $42 USD. i just buy 16 NEO contract to keep this position to long.
s3.tradingview.com
And also, you can to watch the 3 Daily timeframe, it's look bullish too.
NEO to invest in this cryptocurrency!!! Know this informationNEO it's a cryptocurrency that soudn interesting to invest. Personally, I do not invest in NEO as this cryptocurrency are not in the top 20. But yes, if you look NEO as invesment, you can to invest in this cryptocurrency. I show you my 3 targets that I considered or who hold NEO.
NEO/USDT Closing a flag pattern above the 50$ support lineNEO consolidates above the 50$ line into a flag pattern.
We expect a breakout within the next week with the first target at 80$.
Volume dropped with the drop of NEO and did not reach previous heights.
This either results into a sharp breakout or a further consolidation phase.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
🔥 NEO Triangle Break Out NEO has formed a nice triangle pattern over the last few weeks. With BTC showing bullish behavior currently, we might see a nice break out of the pattern soon. be aware that BTC is currently trading near a strong area of resistance, so if BTC reverses from there it will take the market down with is.
For NEO, consider the $63 as a major hurdle to take before a stronger upward trend can commence.
Happy trading!
NEO COIN SHORT OR SELL TARGET $20-22NEO after breaking the double bottom at the top with the severe decline of Bitcoin for me not only
Bitcoin is weak but altcoins are in the same weakness, here I nominate NEO as an Altcoin that is showing
signs of weakness where a loss of $48-$50 could lead to another serious plunge that drags it down to the
$20 region. In case you are not a leverage trader be careful if you buy, i guess we will be
buying a lot cheaper than now, good luck.