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Neousd

NEO USDT - Stuck!The price has seen very low volume and it seems that right now the 100-day ema will come down to the price instead of the price pushing up towards it and even breaking through it. We are still stuck in a local range downtrend of about 8.80 - 8.35. If we continue to see low volume, it can definitely be hard to predict either way, however, with very low buy volume and weak bounces that don't reach resistance levels we have to look down more than up at the moment. The range mentioned 8.80 - 8.35 is the sideways movement if we drop below the $8 mark then again we can look towards the downside. Any movement above $9.40 and we can again start to think for longer-term bullish sentiment. The lower highs have kept on forming on the longer term but we do see that the area of $7.80 acted somewhat as a support as it was a resistance back in October. Targets on the downside we can look towards TP1 - $7.26 TP2 - $6.79. Targets on the upside we can look towards TP1 - $10.35 TP2 - $11.20. Either way trade with caution as we already know Bitcoin forms the trend the rest follow!
Short
by Glocken73
EW Analysis: Crypto Is Selling-Off; Btc At 6-7K Sup. ZoneHello traders! Today we will talk about cryptocurrencies and their current decline. Let's start with Bitcoin against the ALTs dominance. BTC was losing its dominance against the ALTs since the beginning of September that can be clearly seen in the BTC.D/OTHER.S chart, but as you can see a decline was corrective only in three waves a-b-c, ideally in wave 4, which means that BTC Dominance could be back in the game for wave 5 soon, especially if we consider that strong a=c and base channel resistance line support area. Due to a lost of BTC dominance, BTCUSD just hit new lows again compared to some other ALTs like NEOUSD and ZRXUSD, which were stronger in the last couple of weeks. However, we still see a corrective W-X-Y structure from the highs on Bitcoin and it's still trading around important 61,8% Fibonacci area, so we would not be surprised if we will see a bounce soon, maybe already here around 7000-6000 support area, especially if we take a look on NEO and ZRX. In the Crypto market we always have to respect correlations. And what we see is that both, NEO and ZRX can be unfolding pretty clear bullish setup here with a strong five-wave rally away from the lows followed by a three-wave a-b-c corrective pullback that can stop right here around important 61,8% Fibonacci support area and channel support line. Well, what we want to point out is despite that current sell-off in the Crypto market, we still see limited downside with a strong support levels and potential bullish reversals. Also, if we are right and BTC dominance comes back, then BTC could be the strongest cryptocurrency again, which means that ALTs against the BTC pairs (XXX/BTC) may continue even lower. This is just how we currently see the Crypto market; Crypto market can see a bounce and a recovery sagain, but only against the USD, while XXX/BTC will stay mostly bearish or sideways. If you like what we do, please like and share. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
BINANCE:NEOUSDEducation
by ew-forecast
1
NEOUSD Going up Mr. Pips says you can long NEOUSD with very little risk here. Mr. Pips' proprietary indicator is showing a buy signal. This is a clear indication that the price is going to go up! There is no other indicator available that will show you these important price zones. This is NOT Murrey Math Lines. These are NOT auto Fib levels. There is no need to spend hours on end doing extensive research or trying to read news reports when you have the right tools at your disposal! Mr. Pips Quote of the day: "Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!" Mr. Pips wants you to have a blessed and profitable day! Disclaimer: All information provide by Mr. Pips and IgetPips.com is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
BITFINEX:NEOUSDLong
by TheRealMrPips
Long NEOUSD NOW!!!Mr. Pips says you can long NEOUSD with very little risk here. Mr. Pips' proprietary indicator shows you that the price was strongly rejected at My Indicators Main Trendline/Zone. This is a clear indication that the price is going to go up! There is no other indicator available that will show you these important price zones. This is NOT Murrey Math Lines. These are NOT auto Fib levels. There is no need to spend hours on end doing extensive research or trying to read news reports when you have the right tools at your disposal! Mr. Pips Quote of the day: "Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!" Mr. Pips wants you to have a blessed and profitable day! Disclaimer: All information provide by Mr. Pips and IgetPips.com is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
BITFINEX:NEOUSDLong
by TheRealMrPips
7
Today`s ALT!!! NEOBTCBINANCE:NEOBTC Exchange : Binance Coin: NEOBTC Buy Zone: 0.0012~0.0011 Target Point: 0.001295/ 0.00137/ 0.00142/ 0.001495/ 0.00165 S/L: 0.00108 Risk: HIGH Term: Middle You should be careful in buying NEOBTC because of Bitcoin It`s making Bullish Pennant The Volume is almost down There isn`t Hard Resistance Line between 0.0015 and 0.00123 If it`ll break Pennant it`ll be pumping easily !! ===================================================================== Today`s ALT is that information is raised regardless of the Coin market situation So sometimes there`s a high risk trading Investment is your responsibility. I'm just providing about coin`s information =====================================================================
Long
by timbearr