NEOUSDT
NEO/USD ($25 Area Weekly Key Support?)💎Technical Analysis Summary💎
NEO/USD
-The $25 dollar area is the potential buying interest for long-term investors
-This zone has been respected multiple times since September 2017
-If NEO will form any reversal pattern like Double Bottom or Tripple bottom
-Our weekly bias increases right here and the chances to retest the $100 increases
-This is a long shot so we need to be patient and wait for the proper confirmation
-Good luck traders! Stay Safe!
⚠️Please always read the description⚠️
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
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NEOUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, we are in a bearish channel and the price has been able to break the resistance and is fluctuating inside the channel. We expect the price to reach the ceiling of the channel and we can save. And if the ceiling is broken and re-established, we will enter into a deal. We have identified resistance and support for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
NEO/USDT = Long Term Investment IdeaNEO can be called another strong project on the market, which has passed several business cycles.
The price of the asset is under selling pressure and has corrected to the price values of February.
Currently, it is better to wait with purchases.
A long-term position is better to form in the range of $21.68 - $29.60.
It is better to place the hedging order in the range of $15.55 - $19.08.
The stop loss should be calculated depending on the money allocated to the transaction, and do not forget that it is better to keep no more than 10% of your deposit in one asset.
Target price levels will be
$45,22
$54,80
$64,00
$78,00
$88,00
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
NEO/USDT Support at 200MA. 150% Target at 120$NEO now found support at the 200MA for the second time.
Currently NEO is consolidating into the apex of semi symmetrical triangle.
We expect some more consolidation into the apex before we find some volume that pushes NEO out of the triangle.
Entry is around 50$ and target around 120$.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue and white line are 200MA and 50MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
wait for NEOUSDT upcoming...Here is a good strategy for NEOUSDT to enter and Hold for a long time.
but, Don`t miss MA26, In my humble opinion:
The best target to enter: 39.829
The best target to close (with lower risk): 50.000
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Have a great day >_-
NEO/USDT Closing a flag pattern above the 50$ support lineNEO consolidates above the 50$ line into a flag pattern.
We expect a breakout within the next week with the first target at 80$.
Volume dropped with the drop of NEO and did not reach previous heights.
This either results into a sharp breakout or a further consolidation phase.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
NEO COIN SHORT OR SELL TARGET $20-22NEO after breaking the double bottom at the top with the severe decline of Bitcoin for me not only
Bitcoin is weak but altcoins are in the same weakness, here I nominate NEO as an Altcoin that is showing
signs of weakness where a loss of $48-$50 could lead to another serious plunge that drags it down to the
$20 region. In case you are not a leverage trader be careful if you buy, i guess we will be
buying a lot cheaper than now, good luck.