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NEOS

$NEO #NEO - FULL ANALYSIS - WHERE TO ENTER???We will start off with the already many times charted and traded 4h chart and then increase up until the monthly, to get a general understanding of what is happening with NEOBTC. I personally thought that it will be an easy chart but here I am again charting at 2am. Alright, what we see here is first of all the big blue dotted downtrend line. NEOBTC was supposed to break it at 0.0075 but it failed there and started a HUMUNGOUS downtrend. Everytime it was supposed to recover, it just got rekt even more by the market blood bathing. Right now we are at an interesting point, giving NEOBTC once again to recover and maybe start heading towards the big downtrend line. Nevertheless, if it breaks this support AGAIN, it IS tanking another -10%. IN NUMBERS - support at 0.0047. If that breaks, next stop is 0.0042/0. RSI right now is at 28.3 heading down to 20 or below. Based on that RIGHT NOW NEOBTC is SHORT. Looking at the daily chart, we can see that NEOBTC is heading towards the overall ascending trend line, from where it has mostly seen a huge bounce. Nevertheless, it is still going towards the level of 0.0047, so 0.0042 seems not very likely on the daily. ANYHOW, if you take a look at the last time it jumped from the over all trend, it has broken it for a few days, which MIGHT be the case again, if 0.0047 does not hold. BUT speaking in favour of the 0.0047 RSI is at its lowest recorded stage, yet seems to be breaking the 20 point line. As well as the space between the chart and the middle of the Bollinger Bands is rather big. Again - Indicating a bounce soon. Taking a look at the weekly NEOBTC chart, we can clearly see and confirm what we have just said about the previous charts. Here again, it seems to be heading towards the 0.0047 OR 0.0042. The interesting part about this is actually that it would mean heading down to 0.0042 first, then having a bounce from the 0.0047. Although, I do not believe in that and see it rather bounce from the 0.0047. RSI is also at a very low point where it has not been before. So, coming to and end and seeing clearly where we can expect a bounce at, we can see what MIGHT happen after that, if we take a look at the monthly NEOBTC chart. It has historically the tendency to alternate between two red candles and two green candles. Indicating that we are at the end of the two bearish months and will most likely see two bullish months. Closing below the last opening, does not mean automatically that we cannot see another low but close next month above this months close. Simply saying, once again we have room for some down action and will see the bounce after that. NEVERTHELESS, should that very last support of 0.0040 not hold, then NEOBTC is REKT and will go down DEEP. I will be entering this one on 0.0047 with 70% and 30% setting on 0.0042. Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins. Fell free to request TA for ANY coin you are interested in!!! Cheers, Tomas
Long
by KongTrading
NEOS coin is green, while everyone else is in red, why?Coin of the day is NEOS. The NeosCoin is a decentralized, open source cryptocurrency. It was founded in August 2014 from a fork of Bitcoin. The main goal of NEOS 0.60% team is to develop a blockchain based content platform, where users will be able to sell and buy original and not forged content. One of the side but not the least important advantages is the ability to generate anonymous transactions inside the NEOS network. Solving the problem of monetization and originality of content sounds promising, and if the company succeeds in completing what they have started, they will be able to take a good place in the future. One of the few coins today that stay in the green, while all markets are in the red correction phase. Latest news: everybody is awaiting the release of v3 beta version, which should be released soon, according to rumors. Technicals NEOSBTC price locates rather low regarding its past highs but is drawing turnaround pattern from the beginning of April. The coin has formed a Bullish Trend Line and holds to it. 0.0004 level is standing in the way of the bullish trend, the level which coin did not manage to break through two weeks ago and went into correctional movement. Nonetheless, the price picked up from the Bullish Trend Line and soon to be testing this level again. Break above the 0.0004 resistance will lead the price to the 0.00045 level which lies near to the 100-day EMA. A breakthrough above those levels will be certain uptrend signs. Movement below the 0.000333 level will dismiss the turnaround scenario.
NLong
by DestinationMoonCrypto
How Long can Neo Bull Servive ? (neo Analysis)hey guys on the last post I told to sell of neo after breakdown of that critical support of 49.5$ and the neo price went down to 44$ last and from there the bulls are manages to bring neo above that 49.5$ resistance Neo become bullish after breaking that 49$ resistance and now its started its bull run it also breakout that 65$ resistance now its heading to that 80$ mark . 80$ is the strong resistance point it may retrace back to 65$ after hitting that 80$ mark conclusion: Hold till 80$ its bullish now Sell of at 80$ Rebuy at 65$ Good Luck
by Shining_Fireking
NEOS first signs of reversal on the past lowsCoin of the day is NEOS The NeosCoin is a decentralized, open source cryptocurrency. It was founded in August 2014 from a fork of Bitcoin. The main goal of NEOS team is to develop a blockchain based content platform, where users will be able to sell and buy original and not forged content. One of the side but not the least important advantages is the ability to generate anonymous transactions inside the NEOS network. Solving the problem of monetization and originality of content sounds promising, and if the company succeeds in completing what they have started, they will be able to take a good place in the future. NEOSBTC showed one of the reversal patterns that could not be ignored today. The coin found a bottom on the 0.0003 level - lows of the 12.2017, from which the coin pushed before the last peak at the 0.00135 price. Jump in volumes indicated the big buy-in on these lows. Breakthrough of the Bearish Trend Lines (orange angle lines on the chart) will indicate the change in the downward trend. In case of the breakthrough, the next target will be at 03.2018 peaks at the 0.00045 price and then 100-days EMA.
NLong
by DestinationMoonCrypto