Day trade - NEO showing Long trend zoneHello trading friends,
This is a day chart update for NEOUSDT.
Depending on the last trends NEO looks into the green trend since the known main breakdown trend of all coins.
The question is can we see NEO hitting back to the 20 USD trend?
Its important that NEO will stay above the 17 USD +, so we can hit the next target 20 USD +
This update made for the reason that the trend is green, about the target we should stay above 17 usd.
we will see coming time how the market will handle.
#Neo has an interesting trend.
Have a great day.
NEOUSDT
NEO (NEO) - January 23Hello?
Welcome, traders.
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Please also click "Like".
Have a nice day.
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(NEOUSD 1W Chart)
(All: )
A move above the 23.66260578 point is important as it has touched the long-term uptrend line.
A decline from this long-term uptrend line, i.e. below the 13.53278176 point, is a long-term view of a departure from the uptrend.
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(NEOBTC 1W chart)
(All: )
You have touched the long-term uptrend line.
We need to see if we can move up along the long-term uptrend line.
It needs to rise above the 0.000828 point to turn into an uptrend.
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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.
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** 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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NEO/USDT TRADE SETUP! 70% PROFIT EXPECTED FROM HERE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this NEO/USDT trade setup. NEO looks bullish here.
Breaking out from the falling wedge-like structure and currently retesting it. Also, there is a big bullish divergence in RSI. So buy some here and add more in dips.
Entry range:- $23.5-$24.5
Target1:- $26.1
Target2:- $30.4
Target3:- $35.2
Target4:- $40
SL:- $21.5
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
UPDATE: NEO profit 50% after SHORT signal - more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price dropped 50% after Short signal. Currently sitting in a support zone If support doesn't hold, 20.50 USDT is next support. Price is below Ichimoku cloud and RSI is still bearish. Another drop is definitely possible.
This analysis is made with my "Supertrend Ninja" indicator. When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. A red background indicates a possible bearish downtrend. Currently NEO is still in a downtrend.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
NEO - pullback?Hello everybody!
Check chart with NEO/USDT
Neo is in the strong downtrend and from 50USD without any retracement.
When comes break bearish trendline, then entry to long position.
Targets will be on market volume profile and fiboretracement.
On 44USD I will close the rest of position bcs of strong level and POC.
I wish you safe trading!
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
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.
NEOUSDTWe are on the strong support which was tested since June 2018.
What is the most important is SL. You have to always use SL if you wanna be succesfull trader. RRR is more than 6, so good opportunity.
TP1 - 30 usd (16%)
TP2 - 40 usd (55%)
TP3 - 50 usd (94%)
TP4 - 63 usd (144%)
SL - 19.94 usd (- 23,66%)
Looks nice.
LBL_CZ
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
NEO/USDT Ready for $126 Target..? What TA Says?Request Chart:-
#NEO/USDT TA Update:-
$NEO currently trading at $26
$NEO almost-83% down from recent High on 07 May 2021
Now Trading at Accumulation Area.
I am also Trying to catch at dip.
Best Entry:- $24-$26
Targets:- $36/$50/$126/$231
Stop loss:- If any Weekly candle close below $22
Breakout Point = $37 ( Bull Activated )
Support:- $24.50
Neo (NEO) Buy ZoneNeo (NEO) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
The Neo formed V bottom and mid term bounce back up to our highs last week. On its 4 hours time frames, The Neo graph formed a bullish patterns.
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$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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NEO dip enough to buy#NEO/USDT
$NEO hold above long term ascending support line, and above a daily support zone.
if price hold the support zone it will head up toward resistance zone around $36 that is the same with a descending resistance line, break out from this line can increase price to touch resistance zone around $50.
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.
NEOUSDT - BULLISH SIGNAL UPDATE!!As you all know, NEO is not performing well from last 7 months and according to the Chart patterns, Decending Bullish Flag is formed, Breakout formation and also indicators giving bullish signal.
MID-Term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/BTC CRASH
Happy Trading :)
Good Luck!
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Binance Smart Chain ( BSC ): 0x91Aa3e0c7B62397547687F28a8830C8d791C3dFF
NEO on key supportNEO right now one of the worst tokens on the market. There is no buyers, bad cumulative delta, bear RSI and etc. Main scenario is breakedown of key support and short. There is some possibility of bounce, where traders will take a lot of SHORT positions. Takes LONG position looking dangerous.