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NEOUSDT

NEO (Neo) Coin Analysis 03/04/2021Fundamentals: Neo bills itself as a “rapidly growing and developing” ecosystem that has the goal of becoming the foundation for the next generation of the internet — a new economy where digitized payments, identities and assets come together. Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later. As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operate an EcoBoost initiative that’s designed to encourage people to build decentralized apps and smart contracts on its blockchain. It’s often been likened to the Chinese version of the Ethereum network. One of the unique selling points of the Neo blockchain concerns its continuous development, which helps ensure that it is futureproof and able to cope with sudden increases in demand. As mentioned earlier, the project has developed Neo 3.0 — enhancing network security and allowing a greater number of transactions per second to be processed. Unlike many other blockchains, this network also has two native tokens: NEO and GAS. While NEO serves as an investment token and allows people to participate in votes concerning improvements to the blockchain, GAS is used to pay fees for the transactions that are being completed on the network. Few other blockchain projects also run a development fund to the extent that Neo does. EcoBoost launched back in 2019, and it was billed as an initiative that provides “full life-cycle support for high-potential projects” — including grants, technical support and promotion on social media. The co-founders of Neo, and its predecessor Antshares, are Da Hongfei and Erik Zhang. Both serve as chairmen of the Neo Foundation, which aims to promote the blockchain’s adoption. Da Hongfei has said that, although the internet is a great invention, it has many flaws — and this means that everyday consumers don’t always have control over their own data. The entrepreneur believes blockchain applications will eventually go mainstream. Erik Zhang was the author of the Delegated Byzantine Fault Tolerance algorithm, which aims to deter untrustworthy participants from taking part in the blockchain’s operation. This technology went on to be used in the Neo blockchain. He also served as the core developer for this network, and is playing an instrumental role in the development of Neo 3.0, the next iteration of the project’s infrastructure. The live Neo price today is $54.15 USD with a 24-hour trading volume of $860,319,548 USD. Neo is up 1.34% in the last 24 hours. The current CoinMarketCap ranking is #37, with a live market cap of $3,819,379,676 USD. It has a circulating supply of 70,538,831 NEO coins and a max. supply of 100,000,000 NEO coins. The top exchanges for trading in Neo are currently Binance, Huobi Global, Upbit, OKEx, and BitForex. Technical Analysis: there exist a Hidden Bullish Divergence with MACD which is the sign of Bullish Trend Continuations. there are total of 3 Targets Defined by Fibonacci Projection, where as they have confluences with the past Supply and Demand levels when it had an impulsion earlier. the 3 Target gets confirmed as the 2 TP gets triggered followed by some Price Correction
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by BitonGroup
2
NEOUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked).Thank you! Everything on the chart. Entry: market and lower Target: 32 and 36 after first target reached move ur stop to breakeven Stop: ~24(depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 3.5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
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by trytofeelpositive
5
NEOUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. As you can see the price is fluctuating between the two resistance and support lines. We expect the price to move toward our R1 line. If it is able to break the line, it can move upward but if it is not able to break it, we expect it to fall to our support line. If the support line is broken, we expect I to fall further which is less likely. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
2
Neo (NEO) Buy ZoneNeo (NEO) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium The Neo formed V bottom and mid term bounce back up to our highs last week. On its 4 hours time frames, The Neo graph formed a bullish patterns. -------------------- $NEO/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 25.4 - 27.2 Mid-Term TP 1 : 27.9 TP 2 : 28.55 TP 3 : 30.1 TP 4 : 31.85 Long-Term TP 5 : 35.15 TP 6 : 38.65 TP 7 : 42.5 TP 8 : 50+ Stop Loss : 22.9 *Maximum 4% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
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by Zerene
1
NEO – the strongest bullish signal incoming!Hello, everyone! While the cryptomarket is in fear, it’s the best time to buy altcoins. We have already seen the huge correction on Bitcoin and altcoins. NEO was almost flashed the strongest bullish signal – the true divergence on the weekly timeframe. We see on the chart the lower lows on the price and higher lows on the MACD histogram. We need to wait the first increasing column on the histogram to confirm the bullish signal. On the chart below we can see also that the price is next to the Zone of interest and the ALTS indicator. The Big Guy indicator shows the whales purchases and they bought a lot next to the current prices. All this factors gave us the evidence for the bullish signal.
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by Skyrexio
NEO - Welcome To The Matrix From first look at this chart it can be overwhelming... But let us explain. We look to be in a descending channel and respecting it well. It could be that we bounce from the current level back up to the 66 level. However, if we reject the channel resistance, we could make our way back to the 12 to 16 level where the 2021 bull run started. That would make for a great retest before moving higher. Now that we have all the possible moves marked out, we just need to wait for one of the scenarios to play out and act accordingly. In the meantime we can watch for a break of the descending trendline and target the channel resistance and then see how we react there before we either enter shorts back to the impulse generation level OR we hold our longs to the 66 level. Goodluck!
by Altsignals
NEO (NEO) - December 8Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (NEOUSD 1W Chart) Above the 23.66260578 point: the uptrend expected to continue. A break from the downtrend line is expected to accelerate the uptrend. Therefore, I think it is good to proceed with the investment from a mid- to long-term investment point of view. It should move above the 79.90498226 point to accelerate the uptrend. ------------------------------------------ (NEOBTC 1W chart) Above 0.002743 point: Expected to create a new wave. The interval 0.000828-0.001672 is the box interval from the bottom interval. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
NEOUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 55 - 65 - 80 after first target reached move ur stop to breakeven stop: ~36(depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 4 Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Will be very APPRECIATE FOR UR DONAT/coins :) Open to your questions or suggestions(Looking for investors!).
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by trytofeelpositive
10