Neolong
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 #NEOBTC Technical Analysis - Day Trader ExplainsHello Lads and ladies,
Today we will be looking at NEOBTC, requested by myself this time, since I saw this amazing opportunity on NEOBTC, I thought I have to let everyone know and follow it myself.
So to start off, today TA is not very hard to do and should be obvious from the second you look at it, therefore we will immediately start with it.
Looking at NEOBTC we see a big downtrend channel, respecting both downtrend resistance and downtrend support even with the exact angle. Now finally like many other coins NEOBTC has come down to its very bottom.
Nevertheless, we see that it is going extremely flat and confining its support very very clearly. Which in this case would mean that we have a strong support and the price is at this support.
Having this type of trade set up provides one with almost the BEST Risk Reward Ratio because the trade would be invalid if NEOBTC breaks its support, yet the losses compared to the possible earnings are very very small since the price is at the very bottom.
The NEOBTC chart here is even on the daily chart and seeing such a flat movement on the support means most of the time a big accumulation and then being followed by a very nice breakout and pump.
This increase in buying can also be seen while looking at the increasing RSI,yer really flat chart.
This once again means a bullish divergence with an increasing chance of a breakout.
Based on the pretty obvious TA above here is how I will make my own trade.
NEO/BTC Bitfinex
BUY 2570 - 2550 - 2525 - 2500 - 2495 - 2375
Targets 3369 - 4510 - 5722 - 6706 - 7904 - 8845
STOP LOSS CLOSE below 1800
NEO Bullrun!We have a good Foundation for the near future.
10 November in the network of cryptocurrency NEO will be hardwork, in which all holders of NEO to free NEO Super coins: 1 NEO — 2 NEOX.
The possibility of getting freebies will stimulate people to buy NEO. Traders understand that everyone will buy NEO because of the fork, so they will also buy this coin in order to fix the profit before the event. All these purchases are good fuel for growth.
Buy price 16-17$ , stop loss - 13$.
First target 28$. Second target - 32$.
i think if buy neo on current price, it can be very good investment.
prices are very good now.
Neo. I'm waiting 44 $ until the end of the year!After last year's buyers were able to raise the price of this coin to $ 200, a long correction began. NEO has fallen 10 times! The fall lasted 9 months.
Wave A lasted for 80 days, wave C lasted for 105 days.
Now, in my opinion, the first wave, which will last until the end of this year, begins to form.
At the moment Neo is traded in the price zone 16.5-20.5 for 50 days. A triangle formed. The upper trending line of the triangle is also the upper trend line of the falling channel, in which the price moves from May 2018 (wave channel C). The lower trend line is from August 2018, after the culmination of the sale of this coin.
The volumes on this coin appeared exactly in the price zone 16.5-20.5 $, so I think, now is a set of positions for future growth.
Therefore, I believe that buyers try triangle up and predict the following targets:
Interim target - $ 30
The ultimate target is $ 44
The price of $ 44 is 0.618 from the C wave, and at 2.618 more than wave 1. Also, if buyers try $ 25.8, a double bottom will be formed. The development of this figure also costs $ 44.
In my opinion, the price may go higher, but then there will be another deep correction. The 44 $ target is enough for me)
Waiting for NEO bottom - price for the bounceWhat is the price for that hard drop to be followed by a bounce?
I'm posting up the price range from a historical perspective and recent support lines.
Since bounces happen very quickly, one must put the buy price in before it happens and then sell at the bounce top for a quick short.
Observations:
BTC downward trend but the weekly charts show since August we have had higher lows and lower highs, showing sideways movement with no clear direction.
NEO is like most ALTS move alike as per BTC, not necessary the same %
Very ranges from 14.3 to 17 depending how much BTC drops and the rate of its drop.
14.3 to 15.5 seems to be the very bottom
As BTC Weekly shows we have higher lows and lower highs, then its likely the bottom is more higher than previous times indicating around 17
Good luck
PS. Give us a "like" if you agree, etc
NEOBTC - Excellent Long Entry Setup! (Personal Favourite)NEO/BTC, MACD will turn bullish in next 1-2 Weeks, RSI already broke up from downtrend line, KDJ showing 3 bearish corrections similar to what we see in the downtrend wave count.
Entry: 0.0026-0.0030, Targets: TP1 0.00346, TP2 0.0038, TP3 0.00420, TP4 0.00483 (golden ratio), TP5 0.0055 (caution, would sell here definitely).
NEO The Chosen One 10:1 Reward/Risk ratio- NEO/BTCThis is a very interesting trade and a potential bottom that can be spotted on NEO.
NEO had a steady downtrend that has been happening since December and this is the first time the downtrend on Daily chart has been broken.
We are currently in a channel that is determening if the price will go up or down. That is why I'm placing my stop loss right below the channel and hoping we break the channel in upwards direction.
Breaking the downtrend signals to me that bears are starting to get weaker and weaker. Weekly RSI is extremely oversold, MACD had a bullish crossover recently on the Daily and on the 4hr Candles, Ichimoku cloud is showing very good support.
This is why I think NEO is a good coin to buy right now. Be patient guys, the bull season will come soon.
NEO...the big opportunity ?!!!!Today we take a look at Neo Coin. Why I'm a huge fan of it, I already explained, so lets get right into the Chart.
I'm cost averging NEO for about 5 month, that's some tough shit if you loose very week. NEO is nearly in free fall due it hadn#t had any really bad news. Forming lower low over a longer period of time not resulting a a flash sell off indicates frustration of investors loosing there nerves over time.
But both of our indicators are giving us signals. The RSI is so deep in the reds as it could get since early august, low volume and holiday time have put NEO under pressure.
The MACD crossed around the 22.08.18 and gave us a bullish signal.
NEO has also left the falling wedge we see on pic 2, that's another bullish signal.
I stopped cost avenging NEO and bought myself a bigger position NEO and call it good for now investing in NEO for now and wait for the bullrun to come
Daily Chart on NEOBTC with Fibonacci RetracementsDaily Chart bouncing around near previous lows, which could indicate we are near a bottom and could see a rise in NEO in the following months. Keeping an eye on this one as it has bounce several times from this lower trendline area. Anything under $20 seems like a good hold for a long term accumulation play. Watching for a rise near the .382 fib retracement level near .006942 btc.
coinmarketcap.com
$19.51 USD (11.25%)
0.00288910 BTC (10.24%)
Market Cap
$1,268,470,052 USD
187,791 BTC
Volume (24h)
$60,963,845 USD
9,025 BTC
Circulating Supply
65,000,000 NEO
Total Supply
100,000,000 NEO
Max Supply
100,000,000 NEO
NEO Massive VolumeNeo is showing us tremendous volume in current support, whales can't hide the fact that they're buying huge amounts of NEO at current prices, this is even healthier because the surge in volume is occurring in NEOUSDT.
There is also a double bottom in OBV.
Besides the technicals facts, fundamentally NEO it's a strong blockchain that got some FUD because of china continuous weird behaviour towards crypto (Sometimes banning sometimes unbanning)
Truth is big players are moving in.
NEOIdea for monitorize
This time i will not show the argument, just the result.
3 days from now for first target (4750)
If you like my ideas, please hit Like, leave a comment, share them and follow me for more
Educational Only (im a student)
GoodTrade
-CJ-
BTC: 1DQinHVrv8SEjJR81swwuKpK4msz3ULYd9
NEO: AdE35gAi2g5uuYeiJZRjQ5a9usem5hxWye
NEO. TRADE 20%After breaking through the price zone of $ 28-29, buyers made a test of this zone. With this test, they showed that they are not ready to make a turn and the strength remains with the sellers. Therefore, there is a high probability of trading up to $ 21.
My enter is $ 27.4;
Stop $ 29.1;
Target $ 21.