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NEOBTC

NEO consolidating under resistance at 2400.NEO/BTC is currently consolidating under resistance (which is at 2400.) As it sits, we are trading above the 50/100/200 day moving averages, and we have tested that 2400 resistance level several times, so it should be getting weaker and weaker after each test. 2400 was a previously strong support zone, and we see it now acting as resistance. One can either take a speculative play and enter here expecting a break of 2400, or enter on the retest of 2400 as support again. There is a chance if it breaks up above 2400 that it might not retest it as support before continuing higher, so keep that in mind. Also, if anyone wants to get a free stock from Robinhood, feel free to sign up using my referral link below. They also offer feeless cryptocurrency trading on a select few coins if you're in an approved state. I'll put an article down below for those interested in Robinhood crypto. I also accept BTC donations if you guys are feeling generous! :) Moving average guide (All daily for this post): 50 day MA in Green. 100 day MA in Yellow. 200 day MA in Red. Entry (Speculative): 2270-2300 Entry if price breaks 2400 (After break up and confirmed retest as support again): 2400-2425 Target 1: 2400 (Major resistance zone.) Target 2: 2600 (Prior support/resistance zone.) Target 3: 2900 (Prior support/resistance zone.) Target 4: 3150 (Prior resistance level.) SL (Loose): 2150 (Below the 100 day MA.) SL (Tight): 2250 (Below the 50 and 200 day MA, beware of potential wicks if you choose a tight SL.) Robinhood crypto article: support.robinhood.com -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Long
by Deftsuo
NEO looking sexyLooking at NEO in the daily Sitting at the .886 fib of entire range Completing an AB=CD objective 200 and 50 MA close to a golden cross OBV is happy and healthy Histogram looking healthy making higher lows Would like to see will a bit more stupid Low volume so would love to see the bulls step in and crate this bottom Price sitting right at the POC Notch in VPVR in value low (If price break below value this will fill that notch in value low) If price holds value we could see a run up to the 50% level which also line us with value high I will be looking at a smaller time frame to properly set my bids * Don't forget to hit that like button and follow me on Trading View for more chart analysis :)
Long
by Cryptonite_trader
4
NEO Looking at NEO on the daily chart Holding the trend line nicely and a potential ascending triangle pattern could play out Daily golden cross so very close Holding the .382 fib well We still have convergence in histogram Willy not yet stupid RSI is neither oversold or overbought Notch in vpvr around 213500 sats which would line up with the 50% fib Low volume, would like to someone drive the bus OBV still healthy If we break the trend line ill be looking to buy between the 618 and 786 fib, so this is a wait and watch for me, cooling my jets. * Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
by Cryptonite_trader
1
[GAST/BTC] NEOGAS FOLLOWING NEO [ POT 50-300% PROFIT]#GAS / BTC ( Binance ) Buy Range : 0.00081-83 ( buy any dip ) Stop Loss : Daily Close Below 0.00758 Target 1: 0.00127 Target 2: 0.00188 Target 3: 0.00288 After some consolidation period and found a bottom over our SL, Gas are following NEO and most majors which just breakout. This coin its trying to find some support over moving averages. If this coin daily close over MA50 then happy days. We probably will be talking about bull-run. On the other side, this coin could need more time of consolidation and maybe retest the trendline where you could buy again or put your buy order there. In any cases, set your SL below support will offer you a very safe risk/reward. If we look into 4H right now, this coin has closed two candles above MA200 which is very good. RSI is a bit higher and rest moving averages should be a must before continue going up. Ichi cloud has been broken on this timeframe too and next hours turning into green. Paying attention oon the big weekly volume around 4 weeks ago suggest it was the start of the bullish reversal on GAS. Also, MACD, STOCH RSI looking good on this chart. It would be good if RSi can break 36 on the weekly chart. Good luck
Long
by MikeCryptoSignals
NEO - Dying Out...Or The Most Obvious Trade Of The Century?NEO has been consolidating for quite a while in what is starting to look like a big ascending triangle. The resistance almost looks artificial to me at this point. How many times can we get rejected from EXACTLY 2400? We have nearly 10 touches on that resistance, and one major attempt to break through, which got sold on heavy volume. On the surface, that doesn't look good for NEO. If we break the ascending support, we have pretty major support in the 2150 area, and then 1950 below that. A bit risky to go in now (I've been in since 2030 - a while ago), but a lot of people probably have stop buys above the 2400 area. Whales took advantage of this by heavily selling the rally that took us almost up to 2600. If we make another break above 2400, I think we would likely break out once and for all. I then see NEO targeting levels it hasn't seen for a very long time. Perhaps due to the Ontology (ONT) run, NEO will start to get noticed again. Maybe some people will take their ONT profits and put them into NEO. Additionally, I'd like to point out the increase in GAS price. I just posted a chart on NEOGAS earlier today. This could indicate that demand for the network is increasing. The rise in VTHO price is actually what allowed me to predict the recent VET run as well (linked at bottom). A lot of people are skeptical though, since it's so far down from its ATH of $194 (!!!) and it hasn't shown quite as much strength as other coins. I'll admit, NEO hasn't risen as much as I'd hoped or expected, but it could just be building pressure. I guess we'll see. I did manage to call the ONT run well in advance. You can see the link to that analysis below (study of accumulation). This doesn't mean I'll be right about NEO. Perhaps people really don't have much confidence in the project as they used to. An increase in price would likely change that though. The overall volume on NEO looks healthy. It's declined a bit, now that we're nearing the end of the triangle. Obviously, if Bitcoin decides to test some lower levels, NEO may break down the uptrend, so caution is needed. BUY: Clear break of 2400 POTENTIAL SELL TARGETS: 3000-3100 4600-4700 SHORT: Clear break of uptrend...although stop hunts are frequent these days. This is not financial advice. This is just a potential setup I'm seeing, since it's almost too obvious where the resistance is. It couldn't be THIS easy...right? ****This is for educational and speculative purposes only. -Victor Cobra
by VictorCobra
If NEO Pumps, GAS Might Pump Harder NEOGAS has broken out of its downtrend, retested, and is on the rise again. I sent the GAS I've accrued to Binance to sell if we have a big rise soon. GAS tends to move very fast, and doesn't sustain its pumps very well, but if it does break up here, I expect it to at least continue the uptrend, meaning it could head all the way to my green zone, only to fall back down to support thereafter. People tend to swap between GAS and NEO during their breakouts, so it will likely happen concurrently. This is just a potential setup I'm looking at. I'm not buying into this coin (although maybe I will, for quick profit). Mainly looking to sell or swing trade to increase my quantity of GAS. SELL: 1000-1200 (green zone) 1500 (possible) STOP LOSS: below broken resistance (currently near 640) Not financial advice. Just wanted to post this because I will attempt to sell on a big breakout and trade it around. Very small amount. -Victor Cobra
Long
by VictorCobra
NEO - Sideway long time and wait a break out trendNEO - forecast Frame: D/ 4H sideway long time and wait a break Short time: minor upward, refer zone BUY and SELL BUY zone: 8.9 - 9.1 SELL Target: 09.72 11.04 12.37 14.25 STOP LOSS: under 08.08 *** NEO basis Information: NEO (NEO), formerly Antshares, aims to build a 'smart economy' by incorporating digital assets, digital identities, and smart contracts. Developed by Onchain DNA, Neo's dual-token ecosystem can be used for creating dApps and ICOs. Its Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm is purportedly faster than the PoW used by Ethereum and Bitcoin. @TrungVuz
Long
by trungvuzb