NEO
NEO 12h Growth, correction, growth. Interesting coming monthsFor two long months we did not update the NEOUSDT idea.
But during this time, a lot of interesting things have happened, so let's figure it out.
To begin with, the previous idea worked out well for 2 of the 3 targets below , those who wish could have a tasty buying of NEO at $12.5 before the New Year.
Further, a not bad x2 growth has been going on for a month, which stopped before the level $28.15 , which we noted as important in the first NEOUSD idea back in September 2020. Even then they wrote that we were waiting for NEO for $13.
Hm...., you ask, what's next?
And then, we expect NEO to grow to $31.50 , after which it would be nice to correct this mini pump)
We consider the level of $17.50 to be the ideal launch site for the growth rocket , somewhere in early spring. The growth itself is possible up to the zone $44-46 . Nearly these figures will be the first profit taking of medium-term traders.
The growth itself will be fueled by the news background around NEO 3.0 , there are a lot of releases promising for 1-2Q 2021 and again they talked about NEO as "Chinese Ethereum killer" as if 2017-2018 are back in the yard again)
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
NEOUSDTHello dear friends, my name is Mustafa
(MR.MB) And I hope you are well.
We have NEO currency analysis, friends, I have a long signal right now, and it really is the best investment in such situations, so I hope you are always full of profit.
Friends, this is my personal analysis that I would like to share with you.
💡 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
❤️ 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 Breaks EMA50, Prepare For a Strong Move Soon!NEOBTC is preparing to print a very strong move now that its price is trading above EMA50 for the first time in months.
We have the same view as before... Previous chart (10-Jan.)
We are seeing slow and steady growth...
Bullish consolidation before the next jump.
Namaste.
NEOUSDT - Potential breakout 🔼Analysis 🔎: NEOUSDT has been consolidating in a symmetrical triangle pattern.
Price action is printing an ascending triangle pattern at the symmetrical triangle's inclined resistance.
Possible breakout.
Buy entry ⬆️: breakout above the ascending triangle's horizontal resistance.
Targets 🎯: horizontal resistance levels.
Setup invalidation ❌: breakdown below the ascending triangle's inclined support.
Neo Is Getting Ready For PumpIt has been accumulating in a sideways trend(green box) for a long time and getting ready for a big pump. if it can break 30 resistance, it can start a bull run uptrend.
targets : 190$ and 470$
90% gain possible for NEOUSDplease push LIKE for more updates
as one of the best blockchains , neo is cheap , this coin gave more than 170000% profit in 2017 ! and now 88% below ATH
neo have many room to grow
you can buy if weekly closes above 23.600
sl close below the same
weekly closes tonight but keep this chart in mind in case of fall , for other time
NEO/USDT Bullish Retrace / Reentry idea 4HRHow far is BTC / the Alts going to retrace? that's the trillion $ question.
Looking at NEO's chart, which (unlike some other large cap alts) does not look like a carbon copy of ETH, I've spotted a potential inverse H&S forming on the 4HR, which lines up with the .5 fib level.
Admittedly, this may be a bit premature - that wick down from the rising wedge may end being just that - a nasty wick - and we could see a continuation within the pattern. But if the overall market retrace continues, you can expect NEO follow suit, and if you're still bullish on the higher TF, this may be a good reentry point.
Remember to let volume be your guide. Previous red candles that have a spike in volume can signify a reversal* . So keep an eye out for that as an indicator to support (or invalidate) this idea.
happy trades,
CD
NEO Targets $38! Double Bottomed - Pump itThe coin:
NEO founded in 2014, has been to an ATH of $200, surpisingly high but it is quite strong fundamentally:
The project's vision is to realise a "smart economy" by utilizing blockchain technology and smart contracts to issue and manage digitized assets.
The setup:
We find here a double bottom formation on multiple charts, especially the 3D and the weekly time frames
Using the measurement tool for targets, we get a target of just under $38, what would be a gain of 52% from the $25 level
NEO has already successfully claimed the kneckline as support; however, the $25 level is proving tough
Enter above successful claims of this level to mitigate some risk - if BTC takes a dump and brings it down with it
Hopefully we can enjoy some NEO gains in the coming days to weeks...
NEO-4h. Critical point $ 24.The situation in the NEO market has reached a stalemate. During January, NEO buyers, together with the crypto market, confidently raised the price and tested the high in September 2020. During the price increase from $14.7 to $ 26.7 , buyers met resistance twice.
For the first time on January 6, buyers needed large volumes to break the $18.4 mark. If the mark 18.4.
Partially slowed down the active growth of the NEO price, the range of $23-24 - the price stopped .
On January 10, abnormal volumes were recorded on the NEO market, which did not help buyers to consolidate above the $23-24 range. However, the aggressive attempt of sellers to start correcting the growth wave on January 11 also failed. In the 4-hour timeframe , we circled all the unsuccessful attempts of the sellers with a yellow oval.
After the impulsive actions of market participants, volumes in the NEO market fell significantly. Now it all depends on the medium-term vector of price movement BTC. Buying NEO is risky now. If buyers manage to consolidate above $23.8 - the price of NEO will have great prospects for growth to the mark of $46
In the daily timeframe, buyers try to gain a foothold above the previous local maximum. So far, everything points to continued growth at least to the mark of $ 23.8.
An alternative scenario and test of the $18.4 mark will be possible if buyers do not keep the white trend line.
_________________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
EUR/GBP : BULLISH SHARK PATTERN IN D1 TIMEFRAME 🔔Welcome back Traders, Investors and Community!
Analysis of #EURGBP
If you have found this useful then help us support my page by hitting the LIKE button.
If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you
It means a lot to us!
***
Strategy: Bullish Shark pattern in H4 timeframe - We will be waiting for all the confirmations to enter in this trade.
A clear chart is Always the best business card for a trader.
***
Your support and feedback will always welcome
Thank you for your time.
The information contained herein is not intended to be a source of advice or credit analysis
Regards,
Walter