NEOUSDT still bearishNEOUSDT looks very similar to BCHUSDT chart. Actually many dino coins from 2017 looks like this.
As the bear market continues , the price can't break the downsloping resistance and it remains in the downtrend. We can see that the price created a deviation but right after that it came back down below the downsloping resistance trendline.
We expect a huge dump before any significant bounce. If it happens NEO would reach close to $4 which are lows from March 2020.
It also likely that we will see price lower than this if the bear market continues.
Any bounce probably will be a short lifted and the price eventually will go down.
On the chart you can see 2 possible scenarios how the price would drop towards $4.
Good luck
Neousd
NEO/USDT: Ranging into the lower flat channel BINANCE:NEOUSDT BINANCE:NEOUSDTPERP
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$NEO is still moving into a ranged zone within $6.8 - $6.0;
Based on the range formed here, I want to take a SHORT right below the current resistance zone take partial profits along the down till $5.5.
Stop-Loss should be located a bit higher above the local high at $6.785 to avoid the possible deviation and stop-hunts above it...
I'll trail my stop-loss once it reaches the Target1.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Powerful $7.3 resistance!NEO had quite a range trend during the past weeks.
The nearest reliable support is also considered in the range of $6.5, which can be one of the reaction areas for a positive swing if the sellers come back and gain strength. In the 4-hour time frame, until the $7.3 resistance turns into support, we do not expect the trend to be bullish for the medium term.
📊NEO , Chinese Blockchainchart and picture that attach to, show all we must know about this pattern just one thing we need here and that is patience to see what will happen.
1- break the top of the pattern and go up
2- fake break out from the top
3- the pattern will fail and break from the bottom
what is your opinion? comment down below 👇🏻👇🏻👇🏻👇🏻
Neousdt: its time for a riseHello traders!
Welcome back to another episode with analyst Aadil1000x.
Today we are buying Neousdt from True reversal point.
Neo 7.062 Buy limit
Stoploss 7.021(-0.6%)
Target 1, 7.151(+1.25%)
Final Target 7.255(+2.7%)
Don't forget to hit the like button and follow to stay connected
Long terme Double bottom + W Monthly + cup and handle pattern?Bullish Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. There are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. It's very similare to double bottom or even W monthly. The more the figure is in long time frame, the more the impulse will be strong.
[UPDATE} Neo Flag to 5$Hello Traders,
Today I wanna update my targets for neo
T1 moved from Static 4.95$ to be a RANGE ---> 5.4$ - 4.9$
Save this idea to leave a thumb up for it later if you didn't now ^^
After publishing the main idea NEO pumped hardly but it didn't reach the S.L mentioned.
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Notice : Breaking this can lead us to a very final destination at 3.5$
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Thumb up for more on NEO !
Follow for more on ALTCOINs <3
Have a nice day !!
NEOUSD Weekly Analyses NEOUSD seems to be forming descending wedge pattern. Last year NEO topped at $130+ it's also one of the coin which failed to break All time high like IOTA, XRP, DASH, BCH.
but now it seems it's finally getting the momentum back. this chart shows that NEO will probably hit all time high around by the end of 2023 (time is very hard to predict). but here we go lol
I am expecting a bull run to $400. so many people are bearish in the market right now. but i think bears are going to get REKT very soon.
Long terme Double bottom + W Monthly + cup and handle pattern?Bullish Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. There are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. It's very similare to double bottom or even W monthly. The more the figure is in long time frame, the more the impulse will be strong.
NEO | When to buy? 🤷♀️Hello Traders. I hope you are having a great weekend.
Today I am looking at NEO`s chart on daily timeframe and as you can see there is a descending line ahead of the price which should be
broken if the price wants to go higher. Best time to buy is when it breaks it with good volume then pullbacks to the yellow area with the target shown.
SL could be around 18$.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on NEO and don`t forget to comment what you think. ✌