NEO
Two buy opportunities on this chart for NEOBTCMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00173).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.00199
TP2= @ 0.00213
TP3= @ 0.00232
TP4= @ 0.00252
TP5= @ 0.00274
SL= Break below S2
---------------------------------------------------------------------------------------------------------------------
Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00180).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC 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 73.
Take Profits:
TP1= @ 0.00199
TP2= @ 0.00205
TP3= @ 0.00228
TP4= @ 0.00245
TP5= @ 0.00273
SL= Break below S2
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Two buy opportunities on this chart for NEOBTCMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00173).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.00199
TP2= @ 0.00213
TP3= @ 0.00232
TP4= @ 0.00252
TP5= @ 0.00274
SL= Break below S2
---------------------------------------------------------------------------------------------------------------------
Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00180).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC 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 73.
Take Profits:
TP1= @ 0.00199
TP2= @ 0.00205
TP3= @ 0.00228
TP4= @ 0.00245
TP5= @ 0.00273
SL= Break below S2
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ForecastCity English Support Team ❤️
NEO.We are waiting for $13 and do not believe in breaking $28.15Recently, there has been a lot of encouraging and positive news on NEO. As a result, x5.5 growth in half a year may still reach x6.
The final stage of positive news should be in 4Q 2020 and the result is the launch of NEO 3.0 Mainnet.
However, it will be later.
At the moment, we believe that this parabolic and uncorrected growth should be cooled.
So, in the coming days, the maximum we expect from NEO is a sharp short squeeze to the zone $27.5-28, no higher than $28.15.
Short squeeze will be active if they manage to raise the price above $24.6.
Globally, the beginning of a protracted and rather deep correction into the NEO accumulation zone is not far off. Here buyers happily greeted Neo with both limit and market orders. It is the level $13 and the zone $9.8-10.5.
_____________
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NEO: Classic Bearish Divergence (1W Chart)! 30% Gains Possible.Here we will make a small analysis and look at NEO, one of the biggest gainers of 2020 in the alt coin index. We have witnessed one of the best opportunities to take a short here with a relatively low risk ratio since NEO has already pumped. We can enter the trade anytime here and since it is the weekly, we can expect large profits to be made here with just the RSI divergence being the main factor.
We can expect NEO to be one of the first to be the largest gainers for shorting due to the 500%+ gains throughout a span of 6 months, and we can also expect a drop in the overall market due to the Bitcoin Dominance also rising.
Trade Safe.
X Force.
NEOUSD Third Chance: Profit=203% SL=24% Reward/Risk > 8.4:1Third Chance Trade Setup summary:
Profit targets=203% = {TP6 = 16% + TP7 = 37% + TP8 = 61% + TP9 = 89%}
Stop Loss =24%
Reward/Risk > 8.4 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (23.0500) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP6= @ 26.74600 (New)
TP7= @ 31.80547 (New)
TP8= @ 37.11919 (New)
TP9= @ 43.73804 (New)
SL= Break below 21.63000
--------------------------------------------------------------------------------------------------
Status of previous trades:
Total Profit: 485%
Closed trade(s): 399% + 86% = 485% Profit
Open trade(s): 0% Profit
First Buy Trade Setup:
We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 27.07.2020:
Second Buy Trade Setup:
We opened 2 BUY trade(s) @ 15.65555 based on 'previous Forecast' at 09.07.2020:
First Buy Closed Profit:
TP1 @ 12.55810 touched at 2020.07.28 with 27% Profit.
TP2 @ 14.50133 touched at 2020.08.10 with 47% Profit.
TP3 @ 16.87258 touched at 2020.08.17 with 71% Profit.
TP4 @ 20.61120 touched at 2020.08.24 with 108% Profit.
TP5 @ 24.30101 touched at 2020.09.17 with 146% Profit.
27% + 47% + 71% + 108% + 146% = 399%
Second Buy Closed Profit:
TP4 @ 20.61120 touched at 2020.09.12 with 31% Profit.
TP5 @ 24.30101 touched at 2020.09.17 with 55% Profit.
31% + 55% = 86%
Technical analysis:
. NEOUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
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NEOUSD Third Chance: Profit=203% SL=24% Reward/Risk > 8.4:1Third Chance Trade Setup summary:
Profit targets=203% = {TP6 = 16% + TP7 = 37% + TP8 = 61% + TP9 = 89%}
Stop Loss =24%
Reward/Risk > 8.4 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (23.0500) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP6= @ 26.74600 (New)
TP7= @ 31.80547 (New)
TP8= @ 37.11919 (New)
TP9= @ 43.73804 (New)
SL= Break below 21.63000
--------------------------------------------------------------------------------------------------
Status of previous trades:
Total Profit: 485%
Closed trade(s): 399% + 86% = 485% Profit
Open trade(s): 0% Profit
First Buy Trade Setup:
We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 27.07.2020:
Second Buy Trade Setup:
We opened 2 BUY trade(s) @ 15.65555 based on 'previous Forecast' at 09.07.2020:
First Buy Closed Profit:
TP1 @ 12.55810 touched at 2020.07.28 with 27% Profit.
TP2 @ 14.50133 touched at 2020.08.10 with 47% Profit.
TP3 @ 16.87258 touched at 2020.08.17 with 71% Profit.
TP4 @ 20.61120 touched at 2020.08.24 with 108% Profit.
TP5 @ 24.30101 touched at 2020.09.17 with 146% Profit.
27% + 47% + 71% + 108% + 146% = 399%
Second Buy Closed Profit:
TP4 @ 20.61120 touched at 2020.09.12 with 31% Profit.
TP5 @ 24.30101 touched at 2020.09.17 with 55% Profit.
31% + 55% = 86%
Technical analysis:
. NEOUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
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NEO's Cup & Break Above Resistance | Bulls In ControlResistance in the form of MA200 for NEO (NEOBTC) has been conquered and prices can now move higher.
We have the "Cup" pattern, strong indicators, and also high volume.
Above MA200 we are strong bullish (green arrow).
Below this level, there can be a retrace (red arrow)... Even if prices drop, we remain bullish after the drop (blue arrow).
See the analysis before this one below... Hit "PLAY"...
May 7 | NEO Ascending Channel With 111.1% Potential Profits
Thanks a lot for reading.
Namaste.
NEO Three White Soldiers + Next TargetWe have massive bullishness on the NEOBTC chart... There is room for more.
The classic bullish candlestick pattern is known as "Three White Soldiers" is now present, signaling that there can be additional growth.
Here we have the weekly timeframe with the next two targets marked on the chart.
Namaste.
Market overview: BTC / ETH / XRP / NEOHello!
If you like this analysis, please make sure to like the post!
Let's take a look at the longer timeframes.
Looks promising, doesn't it?
Let's consider each pair's main growth opportunities using simple horizontal levels, we’ve discussed it yesterday by the way .
- BTC
It is a very good sign, we are seeing a consolidation above the level of 10700.
Previously, bitcoin did not manage to close higher for almost three years.
A 100% bullish trend will be confirmed after a firm consolidation above 12,000 at 1W.
📌The first goal is $14,000.
- XRP
Even XRP has received the coveted buy signal the consolidation above 28 cents
on the monthly TF will be uptrend continuation confirmation
📌The first goal is about 48 cents.
- ETH
Ether has faced serious resistance around $450 level, it was from where the most difficult part of the correction after the rally in 2017 began.
It is necessary to consolidate above 450 level for the movement to continue.
📌First goal is $600
- NEO
NEO looks very interesting.
There is a breakthrough of strong resistance around $20 level, the overall picture is similar to ETH a month earlier.
📌 First goal is $30