NEOBTC
NEO - Can It Make It? Some people may really be wondering...can NEO make it?
This coin undeniably has one of the worst looking charts in crypto. It is well below its prior support and has been slumping down since the August 13th capitulation move by most altcoins. I bought some around $14.70 but sold around $19 to add more to a couple other coins that have better looking long term charts (these coins have also dropped a bit since then. Oh well). The reason why I sold was that it made a lower high after getting rejected at around 0.0030 BTC. While many other alts are still well up from their recent bottoms (showing buying interest), NEO has remained flat. This shows that there is little to no demand for this coin at this time.
However, this can change. There is a chance NEO has a breakout along with the rest of the market when the bull is back (as I've mentioned, I think it has a high probability of being late 2018, early 2019). It could also simply die out. This is a very real possibility with this coin based on indicators, and I would be very careful until it clearly breaks out above any recent highs. See the two possibilities in green on my chart.
USD Linear Chart. As you can see, there are no supports below this level until the single digit range. If we break up, we can target the previous support turned resistance at $70. If we bounce off, and then ultimately break up again, that will be the best case scenario.
USD Log Chart shows how dire the situation is:
This is not financial advice, and I am not a qualified financial advisor. I do not hold a position in this coin right now. This MAY change in the future, but I will be waiting until some sort of clear indicators that investor confidence has returned. I will be updating this occasionally.
-Victor Cobra
NEO/USD from 100 to 7500% WHAT?Hello guys.
So, if you have a lot patience.
Neo - very solid project.
You can say - its not possible, well, only time will tell.
I am just show potential - your choose - buy or cry)
If all crypto have good future, we can see this price, or around this area.
We can buy breakout or support, don't get rekt!
All targets on chart.
ITS NOT financial advice!
$NEO / $BTC Can we see a pre-pump Fork? one to watch$NEO / $BTC Can we see a pre-pump Fork? one to watch. waiting for bang of Volume.
+Div on daily chart is obvious , Price is around ATL and Fork is on 10th Nov . Lets see how this one plays.
NEO Scoring
Overall Score: 79.3%
Open communication channels: 100%
Team strength: 46%
Product strength: 78%
Coin strength: 83%
Brand awareness/Buzz: 100%
Advisory board strength: 0%
Activity on social media: 50%
Quick Research
Purpose: NEO's blockchain addresses scalability issues that older blockchain have. Also, its platform offers dApps, smart contracts, token issuance (NEP-5 tokens) and more. It is popularly referred to as the "ethereum of China" due to the similarity in functions with Ethereum and its Chinese background.
Product Status: Fully working product
Consensus Method: Byzantine Fault Tolerance
Emission rate: Emitted in proportion to amount of network activity
TXN'p/s: 1000
Abstract:
AntShares is a smart asset platform and the first open source public blockchain project in China. Smart assets are the combination of smart blockchain contracts and digital assets, making registering, distributing and trading digital assets more intelligent.
Investment data
Listed on 19 exchanges
CoinMarketCap Rank: 12
Market Cap: $2 B
24H Volume: $65 M
Coin Age: 21 months
Circulating Supply: 65,000,000
Total Supply: 100,000,000
Max Supply: 100,000,000
Rank :15
Upcoming News & Events
Title: NEO Super Fork
Date: 10 November 2018
Description: Fork NEO Super planned for 10th November. Each NEO holder will receive 2 NEOX tokens for each NEO.
Title: Second Blockchain Week
Date: 14 January 2019
Description: Second annual CHAINERS Blockchain Week from Jan 14-18.
NEOBTC Technical Analysis 220% target Projection.You 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.
Right now We can see the 5 Resistance level and 2 Support Level.
1 Resistance level: 0.003295
2 Resistance level: 0.004627
3 Resistance level: 0.005602
4 Resistance level: 0.006632
5 Resistance level: 0.007856
1 Support Level: 0.002408
2 Support Level: 0.001939
Second Support Level is Last year Support level Strongest one.
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. The chosen one is reborn!Greetings from Benice team!
We are carefully monitoring the situation and getting ready to act. Perhaps, we will see an impetus; so, you'd better place your take profit manually changing the stop order when raising over 221. The stop order should be moved from the level of 221 according to the 4-hour chart minimum.
As it appears from the road map, in November 2018, the team is going to conduct a hard fork issuing coins by a ratio of 1 NEO = 2 NEOX. It is also going to launch a web client officially. The fork is to be conducted on November 10th.
The team has recently changed the White paper several times, and it has caused some ambiguous comments within the community. Moreover, there is a lot of mistrust towards the project. For example, the Road Map is too short, it ends in December 2018 on the Lightning Network (the technology name is written with an error on the website).
However, the NEO project itself is very interesting in terms of the smart contracts' structure. The functioning is based on two cryptocurrencies: NEO and GAS. The first one is the main asset, the second one is the fuel. Smart contracts burn GAS in relation to the power consumed by the system. GAS is generated with each new unit and is supplied to all NEO coin holders. The special feature of this system is that it is less profitable to do scam projects on its platform. That is why we'd recommend you to pay special attention to the tokens created on its platform, such as Antology.
Technically, NEO/ETH coin can grow to 0.087 from the current 0.078. The further targets will be 0.096; 0.109. In case of a stronger correction or a market reversal, we can see the level of 0.143.
At the same time, the support levels of the coin are 0.061 and 0.053.
As to the NEO/USD pair, a target level can be 21; 24; 28 from the current level of 16.5. If these values are surpassed, the next target can be 46, 80 and higher.
We are going to update regularly our short-term recommendations on this tool. We are going to inform you of the transaction entry level, the stop order level and the target for taking profit.
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Subscribe, leave likes and follow our recommendations!
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NEO sees a small sign of life?Exchange: Binance
Entry between 2400/2450
S/L 2355/2405
R:R 3.77
Ideally would like to see a re-test of former resistance at 2440-2480 with bullish divergence in the RSI after overbought. This would coincide with the .618/.65 holding support indicating a third wave.
For a more risky and aggressive setup, you could buy the 50% retracement at 2470 to 2480.
NOT FINANCIAL ADVISE. Just testing the waters..
NEO/BTC approaching resistance. Watch for a move near 2340. NEO/BTC has formed a double bottom support around 2340 (0 fib level.) We saw the 2340 area form and hold back in August, and that acted as the springboard for its eventual move to 3400. This time around, we hit 2340 on a wick, and we are now approaching a possible resistance zone following that bounce. We can see that NEO/BTC has been in a downtrend for about 2 weeks, and has been unable to break above and sustain above the light-blue line on my RSI chart on the 4-hour. If NEO/BTC cannot get above (and hold above) the light-blue line on the RSI, and get above (and hold above) the orange line on my price action, then there is a possibility we could see NEO/BTC retest its bottom a third time. I suspect we will see a third retest of the bottom around 2340, as for we have overhead resistance from the previous-support-now-turned-resistance at 2440 and we have resistance from the 4-hour EMA's just above that. We can also see the RSI starting a possible curl to downside once more from my light-blue line. Should NEO/BTC be able to get above and hold above the light-blue line on the RSI and get above and hold above the orange line on the price action, we could see it move up to meet some of the 4-hour EMA's, and if it can above those, it could possibly run to the .236 fib level around 2600.
Area to watch for entry:
2330-2350 (0 fib level and we've seen this support hold twice so far.)
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
[NEOBTC] Good coin to buy-in deep now!Hey guys,
in this weekly chart you can see the NEO/BTC trading pair.
It's pretty much on it's bottom. Grounded on a very strong support line.
When the whole crypto market starts to take up volatility again, it will grow for sure
Our indicators are saying it's clearly oversold, this will equalize with a gain in it's price point for sure too.
Safe trade.
NEO/BTC small reversal coming?This current retracement lines up well with the fibs (just under .705), successfully tested 4H(red) and 1H(gray) bullish orderblocks for support, and seems like it wants to make some higher lows.
All somewhat good indications of a possible move upwards.
Next step would be breaking the yellow pivot line and establishing support on top of it beofre attempting to break further resistances.
Upon successful bullish momentum I'd expect the final target for this short term(few days/1-2 weeks) movement to reach that tiny gap that it has left unfilled around my TARGET area.
Of course I may be completely wrong which should be obvious if it breaks that previous low and keeps attacking the bullish orderblocks.
If you're looking to enter right now just keep proper risk management in mind and all will be well. A more conservative entry would be when it tests yellow level as support AFTER breaking it.
$PHX - The Sky is the LimitAfter seemingly bottoming at 450 satoshis during today's #BTC selloff, $PHX looks like it's offering a nice entry under 500 sats.
If #BTC holds up, $PHX is positioned well for a re-test of this past weekend's highs... the sky is the limit for Phoenix.