NEOBTC
NEO starting an uptrendNEO has been quiet for some time now. Once it was called the ethereum on China.
Are you ready to give up on it?
NEO LOOKING BULLISHNeo looking like it could possibly break up from this ascending triangle. Bullish on this one.
$NEO Rising slowly... Wait for it!Currently in an ascending channel bouncing from EMA100 that is acting as support.
Price is about to reach ~2480sats Resistance again, if breaks, EMA200 is next target that matches upper trendline of the channel.
RSI is rising, MACD about to bull cross.
One can think that #Neo volume is still low, but actually its number 7 in the total Volume of the entire crypto space. Wayy over $BNB $TRX etc.. Just wait for it, it will happen
Clear accumulation phase completion.Falling wedge breakout
Accumulation volume
Far from MA200
Crypto sentiment turning bullish
Do you need more reasons to buy NEO?
ICX a clear bull setup*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
Okay, like other analysis I did recently, I'm gonna align all the reasons down below.
Falling wedge breakout
Sideways Accumulation with good volume
Falling wedge*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
It's typical falling wedge pattern
Selling climax with Adam&Eve on the bottom.
I am all over it!
NEO-BTC Long Trade PlanCommodity : NEO
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 2-4 days
Investment in trade : 15% of the total Trading Balance.
Prospective Profit : 5% to 18%
Prospective Loss : 3%
RRR : SL to TP1 is 1.63, SL to TP2 is 2.84, SL to TP3 is 4.52 and SL to TP4 is 6.16
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
NEO, needs a bit more time then we can fire engines again Just playing around with waves and measured moves here.
Neo approaching buy area maybe.
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NEOUSD creating a falling wedgeNEOBTC is also creating a falling wedge, so expect a decent bounce from here.
However, if BTC falls then next support zone is the 618 or 65 fib level i.e. at around 8.4 USD.
Not a financial advice but I would ladder longs here.
Happy trading!!!
NEO Breaks Out On Enormous Volume Pretty self-explanatory. I'm tired of typing for today, so let's keep this short.
I bought NEO at 2030 with all my TRX (which I bought much lower). I expect NEO to continue its uptrend for now. We're consolidating nicely and building support in a previous MAJOR resistance zone (in red). If we can hold this area, I expect us to head towards the next targets, in green X's. I'm holding NEO long term. Yes, we can revisit lower supports, but currently price action looks very strong, with volume to support it.
We also bounced off a major support in USD value ($5-6). I was looking for a sign of strength after we reached that area, and had been wanting to enter a position on NEO since it was in the $16-30 zone. It looked too weak there so I patiently waited. So far, it was a good move.
This is not financial advice. For future reference and educational purposes earlier.
-Victor Cobra
Looking at a bull pennant.Looking at a bull pennant. Last candle looking like a hammer pattern... MACD rising.
RSI trying to turn to the upside. Pullback volume looks low.
I expect price to break to the upside and reach ~2644sats as first target and EMA200 as second target. Good luck
NEO the SLEEPING GIANT! Cup&Handle that can start a new uptrend!BINANCE:NEOBTC
BITTREX:NEOBTC
BITFINEX:NEOBTC
NEO is a currency that has a very strong and mature project, has been in the top5 on its ATH and is currently "asleep".
We can see many important signals that leave us a good expectation of a upward move in the short-term.
RSI and MACD have a very strong uptrend and both holding on the positive side, demonstrating the predominant buying power.
In candles, we can observe the formation of a Cup & Handle that is very close to testing the neckline. The volume is increasing very consistently since the beginning of February and points to a breakup attempt in the coming days.
Ichimoku is totally bullish, the price has already crossed the green cloud. Lines not shown in the chart: Chikou is above the price indicating the upward trend, Tenkan crossed over from Kijun.
20MA pointed up and soon there should be the touch with the 200MA, we know that the 200MA tends to be a very important dynamic resistance but I really believe that the price will cross it without difficulty (Already happened in the 4H chart).
Let's profit together?
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God bless.
Is it the beginning of the end or the end of the beginning? #1Alt Coin Analysis - Points out of 10
Date : Since 2015 ( 7 / 10 )
Volume 24 H : 30000 BTC ( 8 / 10 )
Available Markets* ( 8 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **15 ( 9 / 10 )
Website ( 6 / 10 )
Type Blockchain with SmartContracts - Chinese ETH
Overall ( 7 /10 )
My old friend - AntShares . On Nov 2016, I met with you . Time is flying.
I sold you such a long time. I bought it again at 200,000 - 220,000 satoshi.
$6.8 - $7.5 levels are nice to accumulate with a stop loss.
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
First of all, I am still bearish for BTC and Alt coins and not investing any fresh money into crypto since February 2018. I have been playing with my existing crypto fund.
For a short period of time, I am bullish for some alts if BTC doesnt make any new lows in 2019. NEOBTC Chart is also doing well. If you are a Moving Average Guy, It is your time to buy some NEO. MA 20 & MA 50 are so close to pass MA 100 . It has a First time since Jan 2018!
The risk & reward is not bad for NEO right now. I will be taking this risk after seeing any strong open close 4H candle!!!
What is next?
A ) It will break downtrend-line and pump 2x !
B ) It will break the support line and will become an Antshares
Dont fight with a market / trend , TREND is your friend. Be a friend with it.
Always remember, You are fighting with other traders not a market/ trend.
1 ) If you are not investing minimum 1 hour per day in crypto, You should always wait the confirmation before making any buying decision ( dont try to catch the bottom )
2 ) Take lose quickly
3 ) Dont averaging down
4 ) Wait 1 day or 4 hr candle ( open -close ) to take any action
5 ) Check coin / USD and coin / BTC before buy & sell
**They are in no way a prediction of current or future market direction. In the end, price and volume action on individual crypto / stocks and the indexes themselves are the true guides and will always dictate the most appropriate action to take.
**Nothing shared or published by me constitutes an investment recommendation, nor should any data or content provided by me be relied upon for any investment activities. I strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.
