NEOBTC
NEO/BTC Adam & Reversal This chart is related to my other NEO/USD idea which shows a potential breakout from a multi year Cup & Handle pattern Q3 onwards. Interestingly, the NEO/BTC chart is forming an Adam & Eve double bottom reversal pattern, which, if succeeds matches up with the breakout of the NEO/USD idea. Above resistance confirmation of A&E. Here would be a good idea to long considering we're deep into support, but, failing that, a successful retest of resistance would be another good long with a target of around previous ath.
NEO triangle breakout 📐NEO seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 33 and even higher.
ENTRY : local high @ 23.8
STOPLOSS (SL) : local low @ 21.8
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 33.3
REWARD RISK RATIO (RRR) : 5
INVALIDATION : when SL level hit
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NEOUSDT & NEOBTC GANN Hello traders,,,
Today I will show you my idea about NEOBTC& NEOUSDT
NEOBTC is now having a Gann trend support and it is really important that NEOBTC stays above this resistance or we might go back to old prices, if new could stay above this support (2 daily close)
we might go to 0.000577 then 0.000599 and last target is 0.000682
If this scenario happened this will affect at NEOUSDT because if NEO get bullish versus BTC ,, NEOUSDT will go bullish too
so if NEOBTC go bullish our target at NEOUSDT 25.39 then 27.2 and our last target is 28.69 :)
NEOUSDT is now having a golden resistance (0.618) using fib extension if NEOUSDT could break this resistance with good volume we might see our targets
and now for RSI in both charts there is NO DIVERNGES that mean that our ascending channel is not strong enough to make the price go bearish BUT IT COULD HAPPEND IF WE NEO DOES NOT BREAK RESISCTANCE
Conclusion:
If NEOBTC get bullish NEOUSDT is likely to have the same.
This analysis has done by using Gann methods and Fib extension and RSI indicator & chart pattern
if you have any other opinion please feal free to share it in the comments below ,,,,,
Remember in this oscillatory market try to enter with volume
Have a nice day :))
Day trade - NEO showing Long trend zoneHello trading friends,
This is a day chart update for NEOUSDT.
Depending on the last trends NEO looks into the green trend since the known main breakdown trend of all coins.
The question is can we see NEO hitting back to the 20 USD trend?
Its important that NEO will stay above the 17 USD +, so we can hit the next target 20 USD +
This update made for the reason that the trend is green, about the target we should stay above 17 usd.
we will see coming time how the market will handle.
#Neo has an interesting trend.
Have a great day.
NEO (NEO) - January 23Hello?
Welcome, traders.
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(NEOUSD 1W Chart)
(All: )
A move above the 23.66260578 point is important as it has touched the long-term uptrend line.
A decline from this long-term uptrend line, i.e. below the 13.53278176 point, is a long-term view of a departure from the uptrend.
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(NEOBTC 1W chart)
(All: )
You have touched the long-term uptrend line.
We need to see if we can move up along the long-term uptrend line.
It needs to rise above the 0.000828 point to turn into an uptrend.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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NEO XMAS MISSION LAUNCHAfter NEO had landed perfectly on the xmas mission's target, we now have impulsed off with a wave 1 from there breaking the downtrend since nov'21.
Currently it seems were finishing wave 2 any time soon, ideally confirming earlier resistance as support.
Same as EOS, Id expect a launch for wave 3 of 1 of 3 hereafter.
Hold my beer pls
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No financial advice, do your own research, don't be stupid
NEO SHOWING INTERESTING TRENDS FOR LONG TRENDHello trading friends,
This is an update for NEO.
Depending on the last trend study NEO shows an interesting trend for a possible 26 USD - also when there is a green cycle trend for BTC depending on the ETN tool.
We can expect a breakout from NEO if the trend gain new level of 25+
Manage your risk always well
This is not a trading call, study you trends always before entering any trade
Have a great day