NEO/BTC worth a look - Bullish reversal situation QuantRsi 1DAt first glance this NEO chart looks like consolidation with dwindling volume, however the QuantRsi and Heffae Cloud indicators paint a potential bullish scenario.
First there is the Daily cloud entry, which is a sign of bullish reversal. The inter-cloud paths still pose a threat of heavy resistance, but historically, high timeframe cloud entries like the one here can lead to bullish reversals more often than not.
Second, the QuantRsi has an inverted HnS chart pattern with a clear step above neckline. These QuantRsi chart patterns often lead price reversal.
Third, the QuantRsi trendline that forms a triangle of sorts has crossed, but without confirmation. The prior candles that did cross failed the re-test, as well as Sept 17th rejecting off the daily cloud.
I plan on buying a retest of the QuantRsi trend, with a stop below the daily cloud bottom.
This is a perfect storm for bullish reversal. First takeprofit / re-evaluation level is at the top of the daily cloud around .00103
Apologies for the botched title screenshot, the way TradingView handles chart preview for published ideas is abysmal
Neousd
Huge jump for NEOBINANCE:NEOUSDT
well as we can see we have an acending triangle on a falling wedge
this might give us a 30% momentum in profit
we have a beautiful support on the 7- 7.2 area and also a huge resistance on 7.850
the tiangle is getting thinner both falling wedge and acsending triangle hope we see a break out soon
targets are shown as 10 - 12.5 - 17
stop loss around 5% of your buy
recommending to around 7.2 but if u wanna make sure it goes up buy it after the 7.850 is broken
NEO - Beyond the Downtrend and Moving into Bullish TerritoryKeep an eye on NEO. Looking at its daily chart, we can see the price action has broken above the downtrend, has rounded its bottom, and is moving upward. The MACD is also demonstrating buy signals with a bullish cross over the signal line and it is very close to crossing the zero-line. NEO has never been this low so scoop some up if you get the chance, and earn yourself some GAS while it earns you BTC.
NEOUSD formed bullish butterfly | Upto 75% expectedPriceline of NEO / US Dollar has formed a bullish butterfly and almost entered in potential reversal zone.
RSI has already visited oversold.
MACD is strong bullish.
Stochastic has given bull cross.
I have defined the targets using Fibonacci sequence.
Buy between: 8.59 to 7.13
Sell between: 9.73 to 12.48
Regards,
Atif Akbar (moon333)
VIBE and NEO partnership for cross-chain communication VIBE and NEO partnership for cross-chain communication for the next era of games.
Hey everybody! On behalf of VIBE & NEO, we’re happy to announce a partnership for cross chain communication for the next era of gaming. It has taken an immense amount of development since 2017 from both companies for this partnership to be possible. We’re very excited to see what the present and future holds!
The partnership between VIBE & NEO will see both NEO & GAS integrated onto the VIBENet chain. VIBENet is a layer 2 solution built for the next era of gaming. VIBENet is able to facilitate instant atomic micro transactions with no gas fees, a necessary component for the next era of blockchain gaming.
To kick off the partnership, NEO will be integrated into the crypto first person shooter game ‘VIBE or DIE’ which is built on the VIBENet chain. ‘VIBE or DIE’ is a first person shooter game similar to Call of Duty and Halo. There is a total of 6 maps for gameplay and the game mode is a Free for All Deathmatch.
Users will be able to play with NEO in ‘VIBE or DIE’ starting the second week of September. The VIBE and NEO team will be putting together a competition of $5,000 U.S.D in NEO to ‘VIBE or DIE’ users playing with NEO in September!
This is only the beginning of a great partnership between NEO & VIBE! Please stay tuned for more updates and information about the ‘VIBE or DIE’ NEO competition in the coming weeks!
NEO - Is at the right place at the right timeAt around $9.5 NEO is at a place where the lowest it can go is $5.50 and the highest is around $22.00. This is the kind of trade you always want to take. BTC looks to be in the middle of a secular bull market, up is the only way it can go -- with some retracements here and there -- and it will pull NEO along with it. If you get in now this trade will take a few weeks to develop. Be safe and follow me to stay ahead of the curve.
NEO/USDT Get is right now and double your money.This is an easy one, NEO has been making me good gains since a while back. It is resting at the bottom of a very reliable trendline. If you buy now under $10.00 you can double your money easily, just sell once it hits near or at resistance which in this case is the upper white line. If it goes down (Which it could) it won't go lower than $5.00 and the upside is $200.00 in the very long run. I would commit 25% of my capital to this trade which will take a few weeks to develop. All of this, of course, is in regards to paper trading. Follow me and get more heads up! Like this one.
Somebody poke NEO, is it still alive? Heya All,
While BTC is taking a week-end rest I have the inclination to proceed and revisit some of my favourite shitcoins and NEO is definitely one of them. This coin and platform has all that is needed for a solid DAPPs coin and in many ways fundamentals of NEO stood head and shoulders above ETH, Stelar, Cosmos and other similar DAPP platforms yet it took more beating and more damage than any of these.
Needless to say, NEO community internationally was and perhaps still is one of the strongest. Citi of Zion, despite somewhat corrupt structure, is still a much better governance system than any of the similar platforms offered.
At this point, the question still begs to be asked, what happened with NEO? Apart from nearly 2-year long bear market what has resulted in a collapse of the Da Hong Fei's empire? - I am not a NEO Expert, but I will try to elaborate on some of the shortcomings of the projects and reasons why it was not able to gain traction even after announcing the NEO 3.0 version upgrade. Here they are:
- Not being able to develop a strong report with the Chinese government ( with any other Gov for that matter).
- Not being able to establish a simple yet elegant use case on GOV or major business level. (For example, collaborations with Alipay or Wechat would have catapulted NEO to a whole new level. Similarly, it would have been beneficial to deploy notarial, public, business and land registry services on NEO for any of the countries where they have a prominent presence).
On a positive note, I think NEO still has a fighting chance and will rise again if the management team will ramp up international efforts, Will resume to be more proactive when engaging the international community and when supporting promising projects on the platforms.
And yes, for now, NEO is bearly breathing and it is 200K short away from total collapse. Several factors that accompany NEO's current situation are the following:
1. Low liquidity - No one with the mother is trading this asset. There are small movements on Finex but all of it looks like a bunch of liquidations and some in-house market making to keep the price level afloat.
2. Price action looks like swiss cheese - There are so many gaps in the price action on lower timeframes that I suspect that no one trades this asset at their own will.
3. Possibility to short neo to kingdom come - It looks like the whole asset can be short to 8$ level and beyond with just 200 K account and a couple of smart traders.
4. 30 Days from the golden cross to the death cross - Currently neo is under the death cross. Lat death cross ended about a month ago and current one took a change of the price action quite recently. There is more mad news, the 50EMA-200 SMA death cross is about to take place soon, which again might send NEO to lower price targets.
If I had a position in this Asset, I would close my shorts now, liquidate my holdings and would move my positions to BTC.
Will NEO rise again? -Perhaps... Soon? -Nobody knows!
Happy trading and stay safe!
Archie
NEOUSD - BUY BUY BUYAll indicators show extreme oversold and price is below Daily 21, 100 & 200 EMA.