Could NEO be distiguished in the next altseason?As NEO it's one of my favorite crytpo to invest, I hold 100 NEO in my Quantury app by contracts.
This chart if from Bittrex exchange and we see that NEO it's startign the bull cycle right now. Wake up gusy, NEO is sleeping!!!
So, in mediuk term we will see a NEO above of $100 USD. It's the ebst opportunity to continue bought NEO
That was an accumulation and right now NEO is prepare and we could see in the next months huge news of this altcoin.
This is an outlook of what NEO is prepared to continue up, NEO it's into this ascendent triangle and the key support line confirmed a bought zone!!!
So, I believe that NEO it's one of my favorite digital coins to invest together with Bitcoin and Cardano, and also Tezos. So guys, if you want to created a crypto portfolio using Quantfury App contracts. Don't over leverage. My reccomendation it's to take as maximum 2-3 cryptos. I know that we can't to use my complete portfolio. But for the next years, I can to invest in more in stocks, cryptocurrency and more when Bitcoin and altcoins goes to the moon!!!
If you like this analysis, please get me a like and share this analysis with your friends and another traders.
Investing in NEO cold be a next revolution of the new economy tendence in the virtual world creating Dapps to resolve all issues into the world for the next smart-economy.
If you want to check my NEO fundamental analysis, please you can to goes below of it!!!
NEO
NEOWhat Is NEO?
NEO was founded as AntShares by Da Hongfei and Erik Zhan in China in 2014 and was rebranded "NEO" in June 2017. It is a blockchain-based platform that supports its own cryptocurrency and enables the development of digital assets and smart contracts. NEO aims to automate the management of digital assets through the use of smart contracts, with the eventual aim of building a distributed network-based smart economy system. (For more, see Are Smart Contracts the Best of Blockchain?)
Digital Equivalents on the NEO Platform
NEO theoretically describes its Smart Economy System as (Digital Assets + Digital Identity + Smart Contract = Smart Economy). Assets can be easily digitized on the NEO blockchain in an open, decentralized, trustworthy, traceable, and transparent manner that is free of intermediaries and their associated costs. Users are able to record, buy, sell, exchange, or circulate various kinds of assets. The NEO platform allows for linking the physical asset with an equivalent and unique digital avatar on its network. NEO also supports the protection of assets. Those assets registered on its platform have a validated digital identity and are protected by law. Digital identity enables verifiable key information about participating individuals, organizations, and other entities that exist in the digital context. Smart contracts allow the execution of transactions and agreements among different parties without governance by any legal system or central mechanism. The execution of such contracts is based on the programming code of the network, and the coding allows traceability, transparency, and irreversibility of transactions. NEO supports two crypto coins, NEO and GAS. It supports programming in all mainstream languages including C#, Java, Go, Python, and Kotlin, which facilitates a large community of developers to easily contribute to its platform.
Focus on Regulatory Compliance
NEO maintains a clear distinction from other standard blockchain platforms, as it is focused on being regulatory-compliant. While digitized assets and smart contracts are popular on other blockchain platforms like Ethereum, the third key feature of what it calls its “digital identity” separates NEO from the rest. Every individual, business, or any other entity operating on the NEO platform is expected to have a unique digital identity that can be verified. People, businesses, and projects have the option to transact among themselves only if the other party has the required identity, which makes the NEO network regulatory-compliant. Even the various nodes on the NEO network may need to have identification before they can contribute to the transaction verification and other activities like accounting and bookkeeping.
Enter Onchain
While working on NEO, the cryptocurrency's founders, Da Hongfei and Erik Zhan won the interest of various enterprises looking for private blockchain solutions. Thus emerged Onchain in 2014, an independent technology company that works with the necessary financial and legal frameworks and provides blockchain solutions to various enterprises.
While NEO works like bitcoin and ethereum, Onchain focuses on the creation of private and consortium blockchains to meet the specific needs of the industry.
Onchain’s major product, Distributed Networks Architecture (DNA), uses digital asset applications to help businesses by creating private and public blockchains. DNA is believed to be the blockchain platform that can be customized to address all sorts of different problems in the private and public sectors.
NEO and Onchain: How They Differ
NEO and Onchain are separate entities that exist independently, and neither owns the other. NEO targets the business-to-consumer (B2C) segment —where the "C" can refer to a customer or even community—while Onchain focuses on business-to-business (B2B) enterprise services. Both are separately funded. NEO is funded by a public community, while Onchain is backed by China’s largest private conglomerate, called Fosun. When asked why he chose Fosun as an investment partner, founder Da Hongfei said: “The three major arms of their portfolio include finance, medical science, entertainment and lifestyle, which has good synergy with blockchain tech. This is why we chose Fosun Group as an investment partner because we highly value the Enterprise resource that Fosun provides, a platform for Onchain to display blockchain technology.”
NEO and Onchain: Their Vision
The common founders of NEO and Onchain envision that they will be able to achieve cross-chain interoperability in the future. That is, a mechanism will be developed to connect and share information between the various blockchains whether they are public like NEO or private such as those operated by businesses. As the number of blockchain-based systems continues to grow in both the public and private domains, there will eventually be a need to have interoperability among various blockchains. The teams at NEO and Onchain hope to fill this gap through their ongoing work.
However, to enable such interoperability, trust and identity become important. That gap will be filled by the intrinsic “Digital Identity” feature which is an integral part of the NEO blockchain platform.
Essentially, NEO and Onchain may pave the much-needed middle path between the completely decentralized, unregulated, and anonymous blockchain systems like bitcoin and the conventional KYC-compliant economy that is the present-day system of bank accounts and credit cards. By taking an all-inclusive approach that attempts to involve and serve the needs of all parties—individual users, network contributors like miners, transacting participants, private businesses, and even regulators—NEO and Onchain may be best placed to provide a holistic solution to the ongoing rift between closed-economy regulators and the open-system cryptocurrency enthusiasts.
A Solution for China?
The NEO platform acts as the foundation of Onchain’s DNA concept. NEO provides decentralized, public blockchains while OnChain’s DNA fills the need for private blockchains. Linking both these systems may enable the best of both worlds. Onchain has already received an endorsement for DNA from the government of Guiyang, the capital of Guizhou province of Southwest China. Both parties jointly released smart contract 2.0 and other Chinese blockchain technology in early 2017.
In mid-2017, Onchain was among the first batch of companies that successfully passed the Chinese blockchain test, which was followed by an investment partnership with the Fosun Group. Despite China's recent tightening of its grip on cryptocurrencies, the acceptance of blockchain technology is a clear possibility. In mid-2017, the Chinese government was reported to be experimenting and creating its own national cryptocurrency. Despite its hard stance on the various decentralized cryptocurrencies and ICOs, rumors are swirling that the government may be looking for an alternate solution and it remains open to working with companies that are willing to play by its rules. Being local Chinese ventures, NEO and Onchain are the top contenders if this is true. If the promising Onchain technology can be accepted and integrated with the Chinese government and businesses enabling an all-inclusive solution, then it will greatly increase the widespread adoption of NEO.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
NEO entry in the bull run right now confirmed!!!Hello guys, in this update, I want to make a technical analysis that NEO show a huge, but huge opportunity for long-term as investment in 2021. And I believe that this cryptocurrency could be one of the distinguished in the next bull run into the altcoins. Also, noticed that NEO it's one of my favorite cryptocurrency and the most appreciate by the fundametal analysis that I make it for the community,
NOw, in monthly, we can to compare the past bull run of NEO and we see that NEO it's sleeping right now, and I suggeted to pay attention in this chart on monthly timeframe. Imagine a NEO in the higher price never see it.
NEO show in weekly timeframe a bull run confirmed and the price it's right now starting this cycle. NEO broke up the important resistance formed of accumulation from 2018
So, in summary I like the monthly timerame adn we see with so clearly that NEO is bullish!!! So, yesterday I buy 120 NEO contracts in my Quantury App trading as investment for long term. Quantfury is a crypto broker that you can to invest in cryptocurrency as trade it just deposit a capital required that they gave you a leverage fixed for they.
So, I didn't sell any 120 NEO contracts in my Quantury App, but also, in Quantfury you can to buy cryptocurrency without have assets, the advantage it's when you buy a contracts and you still your contracts for long term, your satoshis or Bitcoin make revalue making a investment. I suggested to prove the Quantfury App, it's the best of their class to invest in cryptocurrency.
Is NEO making a bearish megaphone?Looks like NEO ( BINANCE:NEOUSD ) will retest the previous support, between $4.5 and $7.5 (look at Red box), completing the bearish megaphone, and if the bearish megaphone breaks to the lower side, then it will retest the previous support below that, of $1.89.
Do you agree?
Leave a comment and a like!
Good luck
Neo 5th Eliott Wave EntryDMI: Weekly dominance before a 4th wave.
Stochastic: on bottom starting a cross.
If Neo can consolidate over the Weekly 20 EMA ($15.9) i see a good entry with good R/B.
SL: over 50 EMA ($14.2)
1ST TARGET: 0.618 FIB ($23,7) +46%
Adjust SL 0,236 FIB Ret ($20.5) Securing +26% if stop going down entry over 100 EMA .
2ND TARGET: 1 FIB ($30.1) +86.67%
Neo 5th Eliott Wave EntryDMI: Weekly dominance before a 4th wave.
Stochastic: on bottom starting a cross.
If Neo can consolidate over the Weekly 20 EMA ($15.9) i see a good entry with good R/B.
SL: over 50 EMA ($14.2)
1ST TARGET: 0.618 FIB ($23,7) +46%
Adjust SL 0,236 FIB Ret ($20.5) Securing +26% if stop going down entry over 100 EMA.
2ND TARGET: 1 FIB ($30.1) +86.67%
NEO 4h Continuation of the global fall to $10The previous Neo idea worked out completely .
It's time to update our vision of the NeoUSDT possible future price movement within the frame of the global short idea , which is almost 2 months old.
Neo reacted relatively weakly to the BTC growth compared to other altcoins.
It looks like the big money isn't interested in a coin at its current price yet.
The first zone, from where the next NeoUSDT fall can start is $15.60-16.20.
If, by some miracle, the price is able to fix above this zone, then there will be a chance to move higher into the zone $17.30-17.80.
But, in our opinion, the fall is inevitable:
Intermediate target of the fall - $12.60-12.70.
Global target of the fall $10.50-10.60.
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Neo/usdt falling wedgeNeo /usdt
Forming falling wedge and in downtrend since last 19 September
It can drop and retest horizontal support area below or trendline support and then rebounce
But best buy area is after break trendline resistance
Wait patiently and you can buy after break or retest of trendline resistance
Good luck and happy trading
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Thanks all
NEO might be ready to go up, NEO yukarı gitmeye hazır olabilir!It seems like NEO has completed its ABC correction; If it does not make a complex structure near the green ((1)) wave and passes it is time to go for new highs.
NEO ABC duzeltmesini tamamlamis gorunmekte; Eger ki yesil ((1)) dalgasi yakinlarinda kompleks bir yapiya girip asagi donmezse, 3. dalgaya gidisi ile yeni zirveler getirecektir.
Neo formed ABCD bullish pattern!!!So, in H1 timeframe. NEO forme a bullish pattern, but we can see continue drop in the price!!!
But, we will need to take a perspective that in the purple quarer that I mark, NEO touch the EMA 200 and in any moment NEO could to change the trend and we can to be cautelous when the price touch the EMA 200 and we can see a possible change o momentum of the trend.
It's so interesting.
But right now, we nee to confirm the 0.618% as posible continuation o the bearish trend but limited!!! So, my target proti will be $13,67 USD and my price entry it's around of $14.79 USD with a SL at $!5.28 USD. So, we would need to take this perspective.
So, I do not entry in H1 timeframe until we see any bearish pattern in 30 minutes. That it's my key to trade this par!!!
So, the trade it's very good, but we will need to be cautelous and it's very possible that NEO make a little correction and I hope any change o trend!!!
So, the most is to hope that NEO make a coirmation on this green zone to entry in the little short position of just exactly $1 dollar drop in NEO.
NOEUSDT: Possible Long (05.11.2020)A strong divergence has formed on H4 between the price and the RSI. In addition, the RSI is still close to the oversold level, which signals the possible completion of the downward movement.
On H1, the price has broken through the downtrend line, and now a correction is being formed.
We recommend buying NEOUSDT with a local correction on H1 with a stop loss at $ 13.7
4.11.2020 - Neo (NEO / USD)Hi Traders!
After a long time, we will look again at the NEO / USD analysis. On the chart, we basically summarize also other altcoins, which look very similar.
On Neo, we can see a huge difference between Bitcoin and altcoins. Bitcoin is holding its maximum in this trend, trying to beat the USD 14.000 level. Altcoins are mostly in a deep correction. Specifically, Neo dropped by up to 50% from its maximum.
This is due to the dominance of BTC, which we talked about 2 weeks ago. But let's go specifically to the NEO / USD trading pair. We perceive it as extremely negative that Neo failed to hold the trendline, which has not been significantly violated since the beginning of March. The problem is not only that it has not been able to sustain it, but also how the decline is taking place. If we look at the dynamics of growth and decline, we see that the dynamics of decline is slightly more pronounced. Another negative news is that this decline does not slow down at all.
It would be best for Neo to be able to return to the trendline as soon as possible. It is currently on the MA21 support, which could slow down the whole fall. We see the values of USD 11.37 - 12.45 as the strongest support. RSI is also below the trendline, which is also not positive news. Again, it should be borne in mind that the cycle always consists of growth, decline, and consolidation. Consolidation is what this chart currently lacks, so we do not expect the Neo to start growing in the foreseeable future.
May the crypto be with you!
NEO in HS pattern around neckline.This crypto currency is reaching point of control for bottom in March at 1D chart.
I personally not buying. But it will be interresting to wach, how this pattern figure out.
Beam indicator is green and volume tightening so breakout is near.
However, if NEO fall below lower blue rising line, I expect this asset below 10usd ( HS target ).
This HS is officialy broken. Conclusion probably come next week with Bitcoin direction.
Let's see what happen.
*This is not a financial advice.
Neo show another good opportunity in medium to long-termWe see that NEO is into this accumulation zone yet, and we could to prove to buy more NEO when the price reach the 0.618% of Fibonaci, in the price of $!2.32 USD. Also, as I see, we see that NEO showing us a good opportunity to shorting this cryptocurrency!!!
It's a good opporutity
Did you know, NEO is my top #5 crypto and it's one of my favorite crytpo to find out cryptocurrency signal. Also guy, I use the Phemex crypto-broker to trade and accumulate altcoins for the next bull run. I like to trade cryptocurrency and find out goods opportunity making trading as investments!!!