NEO-USDT: First HH after a very long downtrendHello,
Keep eye on NEO chart, after the break from a symmetrical triangle NEO has been moving very nicely. If we get close above 18.2 $ today then it will confirm a HH after a long downtrend, from here we need to look out for a HL to catch the next move up.
I will be watching recently created support line (green) for possible HL targets.
If you are interested then do check out my previous NEO analysis, which could have got you in this up move earlier.
Happy and safe trading...
Chao...
NEOUSDT
NEO-USDT: Broke above long term resistanceHello,
Here we have NEO Daily chart, where we see NEO broke above the descending resistance line (yellow) yesterday. For today if we see this line getting tested and hold then NEO could have nice move up towards 18$ and 21$ targets.
I will also be watching this green support line for bounces to catch.
Neo USDT Long Term Target. Target is >1k$Building good long position at Binance using their margin x3 option.
NEOUSDT ANALYSİSI have 4 positive signals If you hold this coin you can sell at the resistance line( $ 14.10) min. % 20 profit guarantee
or you can wait for turning resistance line to the support line ( $ 14.10) after that you can make more profit.
I will buy it if the resistance line turns to support line( $ 14.10) and ı will watch EngineeringRobo' s sell signal
If you want to use EngineeringRobo please dm me .
NEOUSDT AnalysisIf you listened EngineeringRobo's BUY 2 signal at the beginning of July and bought, enjoy your 24.43% PROFIT!
If you bought NEO, do not hurry to sell since there are 3 BUY signals from EngineeringRobo, and yet, no SELL signals.
If you want, you can take profit at the resistance level ($16.28) or you can watch EngineeringRobo's Sell signals.
Also, if you haven't bought yet & if you really want to buy right now, I'd recommend you to keep in mind to follow EngineeringRobo's sell signals.
Near Trend Started On Neo, Going to correct itself then go upNEOUSDT Analysis
A few hours back crossover of Kijun (Red Line) and Tenken (Blue Line) which gave us a weak sell signal because the price was above the KUMO cloud and then price went into the KUMO cloud which means it is consolidating and another sign was shown when the crossover of cloud happened which has started Red cloud that also means the price is going down. There will be a Strong sell signal if price closes below the KUMO cloud and other signs are not reversed.
The main trendlines that I have plotted in this secondary trend are around 12.250 which is resistance and around 10.78 which is support. There is also one internal trendline that I plotted before which was support now price has penetrated support and support became the resistance. It will have to cross this internal resistance in order to go upward. There are also other resistances like the border of cloud and Redline.
I initiated a short position when price struck my resistance and now the target is major trendline support of the secondary trend which is around 10.8.