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Neoprediction

NEO price started to rise late, do you believe it will continue?At the end of the current growth wave, wake up another "ether killer" from China, NEO But something went wrong. After setting a high near $198 in 2018 based on "loud statements and promises," NEOUSDT price has not been able to update it for 5 years. Now, the NEOUSD price has hit the bottom of the strong liquidity zone of $15-20 , which, in our opinion, will be very difficult to pass the first time up. A correction to the $9-10 range looks more likely in order to gain more strength there for a break-up $20 and continue to move up, at least to $37 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
32
NEO-4h. Critical point $ 24.The situation in the NEO market has reached a stalemate. During January, NEO buyers, together with the crypto market, confidently raised the price and tested the high in September 2020. During the price increase from $14.7 to $ 26.7 , buyers met resistance twice. For the first time on January 6, buyers needed large volumes to break the $18.4 mark. If the mark 18.4. Partially slowed down the active growth of the NEO price, the range of $23-24 - the price stopped . On January 10, abnormal volumes were recorded on the NEO market, which did not help buyers to consolidate above the $23-24 range. However, the aggressive attempt of sellers to start correcting the growth wave on January 11 also failed. In the 4-hour timeframe , we circled all the unsuccessful attempts of the sellers with a yellow oval. After the impulsive actions of market participants, volumes in the NEO market fell significantly. Now it all depends on the medium-term vector of price movement BTC. Buying NEO is risky now. If buyers manage to consolidate above $23.8 - the price of NEO will have great prospects for growth to the mark of $46 In the daily timeframe, buyers try to gain a foothold above the previous local maximum. So far, everything points to continued growth at least to the mark of $ 23.8. An alternative scenario and test of the $18.4 mark will be possible if buyers do not keep the white trend line. _________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
NEO - The beginning of wave 3 from bullish with the target $100The first 5 uptrend waves started at the level of 3.89, has ended at the range of 25.85. The corrective wave of this trend was very complicated and in the form of Expanded Flat and Double Zigzag patterns, which is completed in the range of 12.21, that is equal to 0.618 Fibonacci ratio. Currently, by crossing the price from the range of 21.82 (the end of X wave) and breaking the downtrend line, we can be hopeful to get the following targets. First target: $ 42 Second target: $ 47 The third and final target is $ 100
Long
by NirmataFX
1
Neo to gain over 30% in FebruaryBITFINEX:NEOUSD Nice setup for $NEOUSD in February Overall, the bearish case looks weak with a few divergences that had already happened in the past few weeks on the way down. The support build-up sits at EMA-50 and EMA-200. Buy orders should be placed around the $10 mark with tight stop losses around $9.5 for both targets. Target #1 The first target is the local top from January the 18th at $12.20. This will pose a potential return of 22% with a healthy 4.5:1 RR. Target #2 The second target is the resistance level established at $13.5 from October 28th which was again re-tested in November 13th. Potential return is 34% with 7:1 RR.
BITFINEX:NEOUSDLong
by idbb1
NEO - Starting to look weak! NEO had a very nice run higher after retesting the 61.8%FIB level BUT failed to make a higher high and starting to show signs of weakness. We are have currently bounced inside the demand zone near the FIB level but seem to be finding resistance at the EMAs. MACD continues to trend lower and signal line has crossed the midline while RSI is still trying to test the resistance, which has failed multiple times over this uptrend. The EMAs are starting to turn over, which can signal the next move lower as previous crosses have shown so a move higher is needed here for bulls to have some hope! Thanks guys!
BITFINEX:NEOUSD
by CM_Trades
NEO upcoming potential rise! Follow the leader!Greetings everyone! Hope you're enjoying your Thursday so far! Looking at the charts I'm seeing a possibility for us to revisit the area around 50-60, but we'll need to confirm this by breaking the resistance around 42. If we do fall I wouldn't expect a large drop, but I'd say it's going to follow whatever BTC does at this point so keep a stop-loss just in case. I've also showed the maximum it should drop on the previous support channel, and I think it should stay above that due to high volume around this price range frequently. Keep your eyes peeled this could be a quick pump. I did notice though that the RSI is already at 51 which is quite a jump also a sign I think because at the start of each bullrun is a spike like this. Good luck traders!
BITFINEX:NEOUSDLong
by frostyflakeds
I show you how deep the rabbit-hole goes - NEOHello, and welcome to my first analysis on NEOBTC ! FYI: SKIP TO THE END IF YOU JUST WANT TO READ THE ANALYSIS... First, for those who do not know, what is NEOBTC ?!? NEO is often considered China's response to Ethereum, and is China's first ever open-source blockchain. Its platform facilitates the development of digital assets and smart contracts. The platform uses two different tokens which are NEO and GAS. The NEO token represents the ownership of the blockchain and when you hold NEO in your wallet you will be rewarded with GAS. GAS tokens give you the right to use the NEO blockchain and is the fuel that powers transactions in the NEO system. This is what makes NEO so different in the fact that it has a two-tiered system of NEO and GAS. Although GAS can be bought and sold on exchanges, users typically buy NEO tokens to represent their stake in the future of the platform. ALSO, their use of smart contracts which really sets NEO apart is a whole chapter in itself so you will have to read up on that one on your own! So essentially you can simply buy NEO and you will be paid dividends in GAS. Whats next for NEO?? Well, one advantage is that while the Chinese government has distanced itself from the cryptocurrency world it has simultaneously embraced the NEO platform. This has the potential to both legitimize the platform while alienating it from the western world. SO, the future is very much still in the air and a lot remains to be seen. ALRIGHT, ALRIGHT, ALRIGHT... ENOUGH ABOUT THE PLATFORM... (seriously though, read up on this one and the smart contracts) WHATS IN THE CHART!! Looking at the chart we can see a symmetrical triangle that is forming and we are currently touching the support line. I would like to point out some similarities that have formed on the ROC, RSI, and MACD in the past and are potentially forming AGAIN as I write this. Specifically, on 2/6 and on 2/22 we see that the RSI broke below the 30 mark signaling we are oversold, the ROC had touched a low and began turning up, and the MACD was falling but turned and crossed. ALL 3 of these happened within the same time frame (which I highlighted in red). 2 out of these 3 are currently happening as I write this! The RSI has dipped below 30 and is starting to turn up, AND the ROC is low and is beginning to turn up. SO, what do we need to see. We need to see the ROC pass the signal line (0), AND we need to see the MACD turn up and cross. As of now, we are finding support which is good HOWEVER if we do not see these signal repeat like before we could see NEO fall to the 2nd support line I have draw. The next movements are critical for NEOBTC to see what happens. Lets pay close attention to these and we will know exactly what will happen. IF you wanted to take the risk now would be a good time to buy with setting a stop loss just below the current support line. Personally I would wait to see a confirm breakout... watching and waiting for the signals to know where we are headed. Any and all comments are welcome! Happy Trading :) Much Love DustyPH ***This information is not a recommendation to buy or sell*** *Please leave a comment and let me know what you think!
by dustyPH
My thoughts on NEONeo is once again approaching the $100 level which I believe is a pretty strong support level, not that it has never been breached because it has. But it has also held several times when tested. If it fails again the next strong level of support I see is around the $75 level. If the $75 level also fails I could see NEO dropping to the $50 level, I would love to pick up more NEO at sub $100 so I will be watching closely. If NEO drops substantially below $100 I will start buying aggressively.
N
by Bigsky_Crypto
NEO ForecastMarket is currently down due to BTC downtrend. NEO coin is currently on a discount :) Price should bounce on resistance line (12,000) and reach an all time high. There is also a possibility that bounce could occur on alternate resistance line at 11,000. Buy range: 11,000 - 12,000 Events: 17 January 2018 - Blockchain Revolution 25 January 2018 - dApps Competition Opens 26 January 2018 - Blockchain Conference By 31 January 2018 - DevCon Conference Busy month for NEO coin. Expect plenty of dips. This is not an advice, always do your own research.
Long
by itradearn
NEO - Possible Head and Shoulders Pattern?NEO Looks like it could be in the process of forming a Head and Shoulders pattern, (30-minute time frame). I would suspect that we will know one way or the other in the next 3 - 6 hours. Neo has had an incredible run the last couple of weeks, so it is possible it might be ready for a pullback. IMO there appears to be pretty good support throughout the $90 to $105 area, below that $80 looks to be a pretty good support area also. I still have a position in NEO and remain very bullish long-term.
N
by Bigsky_Crypto