Regardless of the current bitcoin condition, this coin is in gooHi Dears,
The condition of this coin is good
At the bottom of the price and somehow it's time to buy
But there are two negative things
Bitcoin conditions are not good
In the event of a rise in price, the coin would not be profitable in the short term
The decision is with you, but be careful if you buy this coin
But remember that nothing in this world is 100%
Good Luck
NEOBTC
Neo Long...cant beleive i am saying it
Ok, for me Neo still may well fall back again but i think here would be a good risk reward scenario, against btc neo broke through the moving averages i use on the 144 minute interval, so it stands a good chance of good performance against BTC
since NEO will usually move more violently in either direction than btc it leads me to think that any rises in BTC will see nice larger gains in NEO
Also i draw my predicted rout against usd
Looking for Neo bottom? I think not yetLet me put this simple, there's no long-term bullish sign whatsoever. There might be a bounce but I'm almost certain that Neo will find another lower low which is very likely is the 4.5$ - 5$. Let look at some indicators.
1/ Volume doesn't kick in yet.
2/ Weekly RSI still have some more space to go.
3/ Still not hit any strong & solid support.
Is 4.5$ - 5$ is the absolute bottom for Neo, I can't guarantee, but if you're looking for a good short & mid-term trade with very low risk & high profit, this is definitely one of it.
How to play:
Layer your buys at 4.5$ - 5$.
NEOBTC - Monthly ChartThe monthly chart of neobtc looks pretty dangerous, if you're bullish on the NEO project.
Risk averse traders better stay out of NEO at the moment. If you look at weekly/daily levels, you'll see NEO is hanging on the cliff of at least 90% more downwards movements.
However, risk-loving traders might see this as an opportunity. A recovery of NEO might lead to a bounce of 30%. With a tight stop-loss, there are possibilities..
NEOBTC - Monthly Chart. This does not look very well..The monthly chart of neobtc looks pretty Risky.
Risk averse traders better stay out of NEO at the moment. If you look at weekly/daily levels, you'll see NEO is hanging on the cliff of at least 80% additional downwards movements.
However, risk-loving traders might see this as an opportunity. A recovery of NEO might lead to a bounce of 30%. With a tight stop-loss, there are possibilities..
USDT -NEO -Alt Coin Analysis - Point SystemAlt 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 am waiting to buy you again at 220,000 satoshi.
$10 - $16 levels are great to accumulate some!
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
NEOBTC Technical Analysis 425% target ProjectionYou can see the Chart of NEOBTC on Weekly Timeframe .
It Seems Like correction period is almost End.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
NEOBTC Technical Analysis 325% target ProjectionYou can see the Chart of NEOBTC on Daily Timeframe .
It Seems Like correction period is almost End.
Market Break the falling wedge pattern.
Now Moving in Sideway.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
NEO dApps popping up, while GAS price is dropping.New projects popping up on NEO blockchain are great news for the GAS token holders
The GAS is a fuel of the NEO blockchain; a currency used to pay for utilizing NEO protocol resources. Projects built on top of NEO blockchain will have to use GAS and at the same time GAS can be earned simply by keeping NEO coins in the wallet. By holding, or in other words staking NEO, passive income will be earned.
There are many new dApps are being built on top of NEO blockchain, which should drive the demand for the GAS. For example there are few startups worth mentioning, like NEX, Switcheo, Red Pulse and so on. More on NEO dApps can be found here: ndapp.org
With the huge potential for demand, the price of GAS is also likely to increase in the long run. Dapps built on top of the NEO blockchain are yet to prove their real world usage, and if/when they will become commercially accepted, NEO along with the GAS token have a good chance to rise above all-time highs.
Currently, as the entire cryptocurrency space is struggling, the price of GAS has also been moving down. Back in January 2018, GAS has been traded at btc 0.007, and in August it hit the low at btc 0.0006. This is a huge 91.5% drop,that took only 8 months.
Will GAS/BTC recover at any time?
Certainly it should be expected in the coming month, but at this stage it is not clear when and how strong the recovery will be. Back on the 14th of August, GAS reached th low at btc 0.00066, where it rejected the 427.2% Fibonacci support level, of the Fibs applied to the corrective wave up after the uptrend trendline breakout.
At the same time, new Fibonacci time zone cycle has started and price went up from btc 0.00066 up to the 0.00120 resistance, but failed to break above. Nevertheless, the 200 Moving Average and the RSI downtrend trendline were broken, suggesting the upside growth.
The next Fibonacci cycle starting on the 13th of October, which is just 3 days to go. At that stage the trade volume might increase, resulting in breaking above or below the trading rage, established between btc 0.00066 support and 0.00120 resistance.
As the RSI is holding the uptrend trendline, break above the 200 Moving Average could be the signal on another wave up. But price breaks belwo the btc 0.00066 support, GAS/BTC could decline towards the next support level, at 0.00013.
This could be the bottom of the GAS downtrend, as first signs of the trend reversal are there. Formation of the “higher highs and higher lows” pattern should help to confirm the reversal, while break below the support could have a negative impact on the price..
1 indicator to beat NEO market.Buy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -0.78% -6.68% -7.44% -7.44% appears you buy, if a green dot -0.78% -6.68% -7.44% -7.44% appears after that green dot -0.78% -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.