NEO
NEO (NEO) - June 10Hello?
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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.
NEOUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has been able to break its resistance line and is fluctuating. We have drawn a channel line for you that can move from any side of the price. We have identified the area of support and resistance for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Newest View for NEOWe still have NEO 3.0 on the verge, but obviously we broke some critical support recently. Given that we spent years in the $6 to $18 range I don't see this coin going back there ever, unless of course they fail. In the short term I see this retesting the trend line after a couple of up and down moves creating a triangle patter on the bigger picture. From there we will need to assess if that breaks down or up.
👇👇👇👇Join the discussion👇👇👇👇
NEO Buy a break setup.NEOUSDT - Intraday - We look to Buy a break of 64.4 (stop at 60.9)
Posted a bullish Flag formation.
A break of 64.0 is needed to confirm the outlook.
Short term momentum is bullish.
The bias is to break to the upside.
We look for gains to be extended today.
Our profit targets will be 74.8 and 78.8
Resistance: 64.0 / 72.0 / 75.0
Support: 58.0 / 52.0 / 47.0
🆓Neo (NEO) May-26 #NEO $NEONEO is having a recovery or even a new rally up to 70$, 90$ and 140$ after a big dump from 140$ to 35$ zone. But just in case NEO can stand stable above 50$ zone
📈BUY
-Buy: 53.5-56.5$
-Buy: 48.5-51.5$. SL if B
📉SELL
-Sell: 68-72$. SL if A
-Sell: 88-92$. SL if A
-Sell: 137-143$. SL if A
♻️BACK-UP
-Sell: 48.5-51.5$ if B. SL if A
-Buy: 29-31$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
NEO/USDT Update: Closing the gap to old supportCurrently Neo closes the gap to the old support arounf 40$.
We still did not see new ATH which lies around 180$.
However, we stay optimistic for this year to reach new ATH after the dust settles from this current pullback.
We broke out of the upwards channel and try to get back in again.
The volume over 2021 is high which indicates demand.
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.
"Gas" token are bullish"Gas" tokens are pumping today. ONG showing the best performance. Probably will come back to 2100 / 1800 where it will be the best buy. Pay attention to ONT as well.
TFUEL can be picked at 660 / 620. Pay attention to THETA as well.
GAS at 2600 / 2300. Pay attention to NEO as well.
NEO Potential Profit Target $250 to $280 if Break UPHere I've plotted 3 fib extensions. The first two are from completed impulses up and the third is a profit target. If we hit the 1.608 and/or the 2.0 level again, take profit is between $250 and $280.
Fundamentally NEO is a solid project with an upcoming major mainnet release.
Wait for the good entry -trade idea- Analysis: If we look at the chart of NEO its obvious that the 50DEMA act as a base (support) for the bullish trend on the daily chart. Right now the current price of NEO is trading above 25$/coin from the average. Right now the best decision that you can made is to wait until the price go down to meet with the average in order to place a low risk long position from near the 75$ level. If the 50DEMA average is going to support the bullish trend the next potential top could be the 300$ level until the next correction or maybe it will be the top of the current bull run. Bitcoin is still hesitating to make another ATH so it will be a chance for NEO as well to test the average as well.
Trade: Buy - wait until market goes down to the 75$ level at least.
Entry: 72-75$
1st target: 150$
2nd target: 290$
S/L: 62$
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