NEO/USD - Consolidating before aiming for ATH at $200! 🥳NEO is stuck between two key levels acting as resistance and support as shown on the chart. Between $100 and $125.
We either bounce in this area some more or we will fall lower to find support around $80. Either way, after some healthy break in price gains, we should gather sufficient strength to push higher for the ATH at $200.
NEO made a sustain rally after we broke this ascending wedge upwards and made the original resistance support = bullish re-test. The rally that followed was a 250% price gain... not bad.
This shows NEO is ready for some serious business and price gains. I don't expect this to change despite any corrective moves that are taking place currently.
The indicators are bullish on weekly, but a bit overextended, reason why I think we need a break before another massive pump. I mean look at that green candle in early April... almost 100% price gain in a week.
Therefore, forecast for medium term is bullish and short term, we may be a bit flat/bearish. Best to buy support or lower levels if we get them.
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NEOUSDT
NEO-USDT PUMP SOON?Greetings
NEO-USDT pair on the daily chart.
After the crown dump, the coin is in an uptrend and in September, when it reached 25$, it corrected and formed a downtrend or a channel, whatever you prefer.
Now we see that the price broke through this pattern and now it is again moving towards the level of 25$.
This is the high of the last 2 years, and if we see this high renewed, we might expect a good reaction and continuation of the trend.
ATH of this coin is around $200, which is about 500% from last ATH, it doesn't mean that it will come to that level, but unlike other top altcoins, this one is "cheap" compared to its previous ATH.
Potential targets in an uptrend are $35.55, $85, $140, as such there are no volume levels clear blue sky overhead, and in this case will decide the price to the bitcoin pair, by which we will be guided.
On the weekly chart you can see that there was a realization at 25$, after the price corrected and returned to the level, it looks optimistic as well.
On the 4 hour chart of NEO-BTC the price has broken the downtrend and is moving in an uptrend channel, the first serious resistance zone is 850, and 1000-1100 sat.
Always use stop loss, and do not use trading leverage greater than x3.
A trader should always have tomorrow.
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NEO - $100 THIS YEAR!!Neo one of the best performing coins of 2017, and in fact one of the first coins to explode in 2017 is looking at making a comeback in 2021. Neo has a very similar chart pattern to many other coins including WANCHAIN, that being a golden gross on the weekly as well as an Ichimoku cloud breakout and long term pennant breakout!
Neo could definitely see $100 this year.
As always let me know what you guys expect Neo to reach this year
''Buy Big Sell BIGGER'' - MegaWhale
NEO Next Target ATHWe cleared 100, now I expect a small correction before resuming upwards heading to 200
NEO GOES PARABOLIC. Happy to say I told ya so! ;)Finally, NEO has gone parabolic. It has lagged way behind ETH and BTC during this bull run and still has 1x to reach its previous ATH.
My guess is that won't take long now.
See my previous charts below in which I called this a great mid term hold.
My only regret is not buying more sooner!
HAPPY trades,
CD
NEO comes out of nowhere for its epic run!This is a very simple observational chart!
Neo is super strong at the moment, which is what I like to see!
A simple resistance/support line drawn in (looking left), it is important where today's daily candle closes. (have used a 3day candle chart to show last run more clearly)
If it closes below the line, I would expect this to become a resistance, consolidation zone for a while.
If we close above, do we retest as support or just rocket through?
Elliot wave, I would say we are on the 3rd wave, so a 4th wave pullback, red candle would not be too unexpected.
Happy Trading
(not saying to buy or sell)
NEO / USDT - To be, or not to be, that is the questionHello,
It is currently a bullish trend line, but there is a possibility of correction because it seems that we have divergence. If a correction occurs, a correction of up to 0.5 FIB lines is possible.
It is important to wait for confirmation, whether the last high price or trend line will be broken, breakout or correction.
#NEO is also preparing for the bi jump #TOTHEMOONAs we can see, everything is going like itis AltRally. Neo has a lot of opportunities to go retest the highs of $194.
But it seems like we have GIGANTIUS trend channel, and if it’s seeking to confirm that channel, we EASILY may see much higher prices, like something much higher then we ever expected of it. Prepair your seatbelts, we’re going to make beitiful piece of art in nearest future!
$490-590 for #EOS not actually looks like fairytail for today. If that is what it is we may also have ~800$ for it