NEOUSDT
🟢 NEOUSDT 1D : #Buy_RecommendationAs you can see, we have already introduced this Cryptocurrency ( NEO ) at a price of 55$ and offered to buy it, but now it has started a strong movement again and is still valid for reinvestment.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
👤 Arman Shaban
⚠️(DYOR)
BINANCE:NEOUSDT
NEO: a breaf explanationR1 is almost broken up and candles closed above this line. so it's a good sign of a better upward momentum.
R2 is a very powerful resistance, btw it's almost far and there's no need to discuss it.
A: Lead span A is downward right now and for better reliability, we prefer to see an upward slope of this line.
B: Lagging span is above the cloud and price chart and it confirms more confident positive signals based on other indicators.
C: conversion line (blue line) needs to change direction upward. to start another upward movement.
Totally: Neo is very good for the long term. if you've bought way before, you should hold until some conservative signals like breaking down the cloud or moving average can confirm the end of the trend. Also, NEO is very potentialite for short-term trades as well. it
for the short term. don't forget that you have to wait for BTC to close above 49100$. so stay conservative until that moment.
NEO/USD: FUNDAMENTALS + NEXT PREDICTION | LONG VIEW 🔔In 2020 NEO was below $10 at the beginning of the year and touched the lowest point of the year of $4 on March 13. After that The NEO value managed to jump to $25.90 by September 20. At the end of the year, the NEO/USD pair settled near $14.
It's well-known that small cryptos copy movements of BTC/USD. Thus, most of the ups and downs of the NEO/USD pair just repeated Bitcoin's trends. For instance, the coronavirus hit financial markets in March 2020 the most, resulting in downtrends in the crypto world, pushing Bitcoin and NEO down.
Still, some events caused divergence in the direction of prices. At the end of July, NEO partnered with the Blockchain-based Services Network. BSN is a global infrastructure that offers a cheap platform for blockchain projects and similar companies, creating a digital economy. This event pushed the NEO rate up. You can see how NEO coin news can affect the price of the cryptocurrency.
The last NEO all-time high price was 196.85 USD on January 15, 2018, it is much higher than in 2020. A strong bullish trend that began after the June 2017 rebranding pushed NEO price to its all-time high. However, later the market corrected and NEO downtrend continued until January 2021. The NEO/USD today’s rate is: $52.46
As the cryptocurrency succeeded in reaching new highs, many traders are attracted to NEO, imagining how much they can earn in the future.
NEO, thanks to its great potential, is a better long-term investment than many other cryptocurrencies. A release of N3 is a springboard for the NEO price.
Wallet Investor believes that, during 2021, the maximum rate of the NEO/USD pair won't be able to touch 130 USD again. After hitting $150 in May, the price will move down, fluctuating within a $62-120 range. Only in December 2021, the price will jump to 129.5 US dollars.
Long Forecast agency predicts an uptrend for NEO from August 2021. The highest rate may reach $184 in October; the lowest price of $110 is still not far from the current rate. Until August, the price will move within the $72-146 range.
NEO-USDT "Binance"NEOUSDT Technical analysis Update
NEO/USDT currently trading at $52.6
Resistance Breakout
Buy level: $52 - $48
Stop loss: Close 12H lower 47
TP1: $65
TP2: $95
TP3: $140
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
NEOUSDT it must break through the resistance 63.22-66.76To be sure of getting a return on their investment, buyers should wait until the market has broken the resistance at 63.22 - 66.76. Once the resistance is broken, then there are no barriers and nothing to hold it back, only one way and that is towards the sky, I even believe that Neo will reach 114usd by 2021.
24h Volume: $504,090,448 and the Mkt Cap: $3,880,470,592 it is about 10% which means that there is a lot of demand for the coin. and will eventually mean that the price will rise significantly.
Previous analysis:
Gas 💣💥 $GAS #GASGas has broken a 100-day trend line and after approving the price above the trend line, it is ready to move towards the targets drawn in the chart. The resistors in front of it are also plotted in the diagram.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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#DYOR
NEO: Big Bullish Move In Contemplation !Here is a monthly chart of NEO/USD revealing two BULLISH pattern formation in confluence (Ascending Triangle & Cup and Handle) which can provide high probability trading/investing opportunity.
The last time it was shared (on a Weekly-Timeframe) the price was around $24 and it rocketed from there to $141 and then eventually the big fall was witnessed as BTC pummelled dragging the rest of the market along with it (refer to this chart)
Now, the price seems to get back on track as BTC broke it's consolidation phase and is moving in an uptrend. This analysis is performed on a monthly time-frame and we all know the longer the time-frame, the more reliable the pattern becomes (Although, it may take less than expected time to reach the mentioned levels/targets).
If we look at the chart, we can see the CUP AND HANDLE formation has started surging upwards after spending the time in the congestion area (handle of the pattern) while the ASCENDING TRIANGLE pattern still have time to approach the resistance level and breakout from "Resistance Zone" (which is also the "lip" of the CUP and Handle pattern). Both the patterns will be successful if the price manages to break out of the "Resistance Zone"
However, the failure from there will definitely push the price back to the lower levels. (DYOR)
CryptoCuriousOfficial 📥
NEO/USDT Bullflag forming?NEO/USDT may have a bullflag forming...this along with a break and retest of the current trendline. This could push us up to our current supply and retest. If this retest is successful we FLY to $79.755
NEO/USDT Could rocket up to 79.755!NEO/USDT is retesting the current resistance...
Once NEO retests the current supply ( Orange Line 60.190-61.980 ) and successfully pushes past this level we will know NEO is ready to fly
I will be placing my buy entry around 63.131 to avoid any bull traps that may occur
If NEO pushes past $63.131 there is little to no resistance stopping a push up to 79.755!
This could be a MONSTER move! Stay tuned for more....
Will be updating you throughout the week
Let me know what you think in the comments below!
NEOUSDT🌟this alt will aim for its ATH soon (by the end of the year this mission should be accomplish)
🌟good to have some of it in your investment basket in its family type, also a reasonable correlation coefficient with BTC
👉This idea has the confirmation of "advanced price action" 👍
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