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NEOBTC

NEO Testing Weekly Res-Range - Uptrend Confirmed if Price HoldsShort - Medium Term Analysis Look for potential rise out of NEO as it retests the lower portion of its weekly res-zone. If blocked, a dip wouldnt be unlikely on NEOBTC from its current price of .00112 sats, with strong support located at its weekly low-bband at .00109 sats Any bounce up from these zones will retest its weekly resistance around .00124 satoshi. Overall, NEO looks like its possibly in the beginning of a potential uptrend for its high frames, and a macro bull trend would be confirmed with a HH prior to a LL
by kingthies
NEO - correction is done, buying opportunityHi everyone We can see that NEO is currently trading at the strong support that was previously a strong resistance and I think it will hold. If you look at the blue line I drew, we can see that NEO pumped really nicely, and then a perfect correction occurred, a retest on the strong support and i'm pretty sure neo will bounce off this support line. NEO 3.0 mainnet is nowhere near now, so there is no FA at the moment. I would suggest setting a S/L. Best of luck!
by LuckyTradez
2
Nice buy opportunity for NEOPlease feel free to comment or challenge me on my TA. If you like my idea, please leave a like to show support. -------------------------------------------------------------------- - NEO has broken the support level that held since December 2019 (yellow bar) - Ascending channel with bullish momentum, setting higher highs and higher lows. - Fell below the 200 MA and is now touching the bottom of the channel. - If we see a bullish close on the daily and a bullish follow up tomorrow, the path is clear towards 1292 sats. SL is set at a 2% drop. R/R ratio = 5.24.
Long
by Coinathlon
Neutral on NEO, until... hi @shayyaaneshan, here's the NEO analysis that you requested. NEOUSD has been stuck in a range for 2 years. From $5 to $25. Good news is that current price is testing the downwards trendline and also pushing against the weekly ichimoku cloud (using crypto settings). A rise from current price of about $13 to a closing weekly price of about $15 (or higher) suggests a test of the trading range ($25) and possible continuation all the way up the cloud to $100, a 600% gain. The rise from $15 to $25 seems totally reasonable based on the technicals. We'd have to re-evaluate the chart once it reaches there to assess the breakout to that higher target of $100. MACD and RSI both point up. But until price closes inside the cloud above the downtrend resistance, it could just as easily get pushed down again from current price by bouncing off the bottom of the cloud and getting rejected once again by that downtrend. Until NEOUSD breaks above downtrend resistance and cloud, we're Neutral.
BINANCE:NEOUSD
by Sparkster
1
Don't miss the great buy opportunity in NEOBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0012). 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 75. Take Profits: TP1= @ 0.0015 TP2= @ 0.0017 TP3= @ 0.00195 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 ❤️ Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
24
Don't miss the great buy opportunity in NEOBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0012). 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 75. Take Profits: TP1= @ 0.0015 TP2= @ 0.0017 TP3= @ 0.00195 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 ❤️ Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
38