NEO: Set Bids At Green Line or Buy Breakout of Falling WedgeNeo has broken out above yellow resistance line in the last few days, in anticipation of conferences regarding it in the coming weeks & other positive news.
Expecting a retrace back near the breakout area before continuing up and the ideal rebound point would be the green line. Alternatively you could trade the breakout of the falling wedge which has begun forming.
Neolong
NEOUSD-Rectangle (Bullish)This my vision. I think that is bullish rectangle, but I can be wrong. Let's see
NEO LONG Retracement could be completed could see newer highs created soon
Looks to be holding the above the %50 zone many wicks
$NEO - 4 hour chart.Just a couple of Ideas of where I think NEO is headed.
Right now, I am trying to find the best entry for a big position into this coin. I personally hate Neo because it always tends to go against my Technical Analysis.
Please feel free to express your thoughts and opinions on NEO.
NEOBTC Good Buy OpportunityWhen the market situation has a bullish trend due to the desire to take a freebie (Free Bitcoin Gold), you need to choose the right strong coins, which have a good growth prospect.
A good choice for the portfolio will be NEO, on the chart we see that RSI is already in the oversold zone and you can buy now, but it is also possible to roll back down more, but not significantly.
Corrections to Fibonacci play a significant role in NEO, so the probability of passing through three targets is quite high.
So, we buy NEO, we set goals.
Good luck in trading, friends!
Write your comments on what you think. If you liked my prediction, put your finger up!
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