NEO/USD entry levels LONGNEO just found the new high, and we should go through a correction in this bullish trend. There is RSI bearish divergence on the 4H graph. If we go close to $36-$38, it's a good opportunity to enter the market.
PRICE LEVELS LONG:
$50 - if we break the resistance, buy with a pullback
$42
$38
$36 - STRONG BUY
NEO
Neo 3rd waveNEO has a lot of good things on the horizon, for instance NEO 3.0 testnet launching within weeks.
Looking at NEO on a macro scale and examining the rising pattern, I was conservative with the 3rd wave which could be much more extended. Conservative evaluation on the peak of the 3rd wave places NEO at least in the 90s, but I believe it could likely be much higher. It will be interesting to see how this plays out.
NEOUSDT (symmetric triangle breakout)NEOUSDT (4H CHART) Technical Analysis Update
Triangle breakout
NEO/USDT currently trading at $44.00
Buy-level: above $41- $44
Stop loss: below $38.40
Target 1: $50.00
Target 2: $55.00
Target 3: $60.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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💡 Don't miss the great buy opportunity in NEO/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (23.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEO/TetherUS NEOUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 29.90
TP2= @ 35.50
TP3= @ 40.80
TP4= @ 49.00
TP5= @ 59.75
TP6= @ 94.25
SL= Break below S2
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💡 Don't miss the great buy opportunity in NEO/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (41.1). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEO/TetherUS is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 45.30
TP2= @ 47.40
TP3= @ 49.80
TP4= @ 53.00
TP5= @ 57.50
TP6= @ 63.40
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💡 Don't miss the great buy opportunity in NEO/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (41.1). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEO/TetherUS is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 45.30
TP2= @ 47.40
TP3= @ 49.80
TP4= @ 53.00
TP5= @ 57.50
TP6= @ 63.40
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NEO 12h Who want movement +50%, swoop in)A month has passed since the publication of the previous idea of NEOUSDT. A month was enough for NEO to make x2 to the cost and get to the goal from the previous idea, check it out.
We wrote that the ideal purchase of NEOUSD would be $17.50, but buyers did not let the price drop below $20, we also had such a level, and is on the chart. From where the NEO price was driven up without stopping to the upper sales zone of $ 44-46, a maximum $47.44
Now it looks like the NEOUSDT price is consolidating under the $44-46 zone and is preparing to break it up . Fixing the price above this zone will give the green light for growth to the next zone of $61-63, which is a +50% movement.
By the way, in two days we took such a movement on BNBUSDT, please rate it.
A negative scenario for the development of events may become active if the price drops below $35.5
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NEOBTC - Can we 9x from here? Long term HODLOkay, my old friend NEO. Have a certain relationship with this one. My lack of patience caused pain in my nutsack. BUT, for a long term HODL strategy, if you can call it like that, NEO one is interesting.
- there was a nice spike in volume
- on the weekly I am waiting for the 21MA and 55MA to cross. Safest option is to buy when price is above 55MA and ride it (red line)
- good entry around the last support 0.000400 - 0.000680
- watch for the MACD to turn green and for the RSI to trend higher
- take the fib levels as targets. The targets in the charts are calculated from the current price.
Not a financial advice, just an idea.
NEOUSDT Basic Long term analyseSimilar moves between NEO and BNB. I believe that NEO has long way to go and reach. Also there will be price equalization at disjoint(I've showed you on green box).
Support line is 41. Resistance is 46 It will based on price action and short term targets.
Breakdown level is 38
*Please hold yourself and ALTs. Don't rush to buy anything which on all time high or +%100s. Be responsible for your wallet.*
Follow me to stay up to date.
NEO finally on the moveNeo has finally moved from a long term down trend into a consolidation zone and now reached the long awaited Uptrend.
Price has cleared structure from 2018 and the next target is at the 55USD mark, based on historical data from 2018.
If price can break over the resistance level we are looking at another 20% push to the upside.
NEOUSD
NEO/USDT Going for a parabolic comebackNeo looks very bullish considering the increasing volume and the breakout of already 2 resistances.
Let's see if it can uphold that momentum.
The ATH is far away with over 200$.
Enjoy the ride and don't be too greedy.
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Cheers
ETHEREUM Bullish Correction (Neo Wave Analysis) Learn NEO WAVESHi Again Everyone,
Anyone familiar with the modern Elliot Wave Theory. Its called Neo Wave and involves a reflection of the market data that better reflects todays modern markets rather then the 80's stock markets which better fit with Ralph Nelson Elliot's Elliot Wave Theory. It adds a more scientific approach to market price movements. Have you noticed the wave counts in todays time are harder to decipher when compared to charts from say 20-40 years ago?
This above picture I have wave counted for ETH/USDT applies some concepts that Glenn Neely (Founder of Neo Wave) depicts in the modern day markets where wave B exceeds the commencing price point of wave A. Typically this can be seen as the "impulsive" strength of the larger fractal. Indicating that we are about to see an incredibly bullish impulse from ETH once the correction is complete. This potential wave count will give the trader the best chance of catching the bottom of a correction if your homework has been completed correctly. This to me looks valid and waiting for confirmation to take an entry on verifying Wave C completion. I have just witnessed this and executed a trade in EOS/USDTPERP which netted me a 150% gain with leverage in just 3 hours. Take a look at EOS/USDT and I urge you to take a look at the correction that occurred before the most recent bullish move upwards to the $5.40 USD (14/02/2021) and see how modern day corrections are changing the way we treat Elliot Wave Theory. Wave C even finishes above the start of Wave A on EOS/USDT. That's how Bullish EOS is at the moment.
Please note this is not Financial Advice and DYOR as usual.
Thanks,
Husky