#neousd decision momentDecision moment in $ neo;
1) Decrease unless the red resistance is exceeded,
2) If the red resistance is passed, the yellow resistance decision point,
3) If the yellow resistance cannot be exceeded, decrease
4) If yellow resistance is exceeded, an increase can be mentioned.
Red resistance (Red area)
Yellow resistance (Yellow area)
NEOUSDT
Great NEOUSDT short trade opportunity on both 4h & D TFGreat NEOUSDT short trade opportunity on both 4h & D TF
Entry range (D): 9.070 - 9.698
Suggested risk: 3.5% capital
TP1 (D): 8.765 - 8.465
TP2 (D): 7.673 - 7.975
Stop Loss (D): 10.31
Entry range (4h): 9.271 - 9.493
Suggested risk: 2% capital
TP1 (4h): 9.046 - 8.944
TP2 (4h): 8.660 - 8.552
Stop Loss (4h): 9.848
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NEO broke out from bullish pennant. Now time for a retest!Oh NEO how did I miss you. I tried to short you in the middle of the rally and that did not work out well. The trend is clearly up and looks like alts are ready to run. NEO already made considerable gains and now it looks like it is coming back to test this pennant and that would be good time to reload.
NEOBTC Rising Wedge With Scalping Opportunities [QUICK UPDATES]Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
There's two ways you can trade a rising wedge. You can wait for the breakout and trade the volatility that follows with it, or you can scalp the inner part of the pattern for as long as it holds. Since the whole market is very involatile at the moment, I believe today is a better moment to scalp the inside of the wedge.
On the chart you can see an example of how the price could oscillate, put your buys near the bottom of the support line and the take profit near the top of the resistance line.
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Fibonacci wavesTesting to see if 1.618 follows a bullish trend that was previously seen within the ring of the Fibonacci circle, hence creating the wave.
Here is my original analysis for Fib Waves which is still underway
I believe we will see a repeat bullish momentum throughout the fib ring.
Not much of an analysis for NEO but here we are.
NEO Buy on retest | Levels are mentioned | Profit potential 35%Hello traders. I hope you are doing well.
Here i have found one more coin that can give good reward, wait for the retest of GREEN buying area or YELLOW trend line.
Risk to Reward (RR) is 1:3 which is quite good.
Understand the charts and get ready to go with it if your idea is matched.
Please support my work if you find it useful.
If you can take out a few minutes kindly checkout my other work too it will give you good info.
NEO/BTC TA Update (more downside?)NEO/BTC
NEO is on a strong downtrend as the price broke the important support at 1200 sats area.
Since there is not enough consolidation during the uptrend last Oct 2019.
Expect the price to waterfall drop back to previous support or consolidating last Aug-Oct 2019.
The market is full of fear and catching a falling knife today is not a good trading strategy.
Be patient and wait for the whole market to cool-down and find its true value.
NEOUSDT: Back to Dec 2018 levelsNEOUSD is back to 2018 Dec levels and looks just bad.
I'm waiting for a weekly close, it could be a good buy but it needs to show some strength.
I - knife-catching option
II - more cautious approach
Information is just for educational purposes, never financial advice. Always do your own research.
!!! ATTENITION: NEO DROPPING TO 7,5$/NEO/BTC PRICE FORECAST Hi guys,
Neo gained solidly so far.
We've seen how strong NEO held while being strongly opressed by Bitcoin.
Now, new has double bearish daily crossover (marked on a chart), so along with Bitcoin, will sink from this instace.
Either open shorts or simply go to USD untill Bitcoin pressure is done (expecting Bitcoin drop to 9150$), therefore Neo should drop massivly and all of a sudden (as B does).
It also peaked on weekly on Stoch RSI and its on a weekly bearish cross right on the top.
Oversold.
Techical side along with RSI, STOCH RSI, MACD and MA and EMA's confirm bearish moomentum (temporarily), but imminently.
Drop levels should be :
1. Clearing your position now.
2. Rebuy NEO at 10.40$
3.Rebuy NEO on 10.30$
4.Rebuy NEO below 8$ and ride it to HH (20$+) previous high
Good luck and feel free to upvote an analysis if you find it useful or share your thoughts on it.
Thanks for reading.
Good luck guys.
NEOUSDT Long-Term Strong BullishNEO/USDT looks nice as long-term investment, because its chart creates a huge triangle, which has a bullish structure. That is, if a NEO bounces from the bottom trendline or a designated Buy Zone, its continuous price growth can begin. If it can break the upper trendline, it will be a strong bullish signal for us and will gradually begin to fill the marked Take profit zones. If the chart allows me, I will NEO definitely buy around 8.3$ to 7.7$, because this is our strong Support level. This is a long-term view of the chart, meaning that individual Targets can be met in a few months.
NEOUSD formed bullish BAT | Upto 71% profit possibilityHi guys and gals hope you are well, on 2 day chart the NEO Coin has formed bullish BAT pattern and entered in potential reversal zone to move up.
Lest’s dig the pattern deeper to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $9.69 to $8.80
Sell between: $11.83 to $15.05
Stop Loss:
The potential reversal zone area which is up to to $8.80 can be used as stop loss in case of complete candle stick closes below this level.
NEO long term rising wedgeNeo has formed a rising wedge, this is a bearish continuation pattern unfortunately.. However this may lead to an inverse H&S, eventually. Short term profits can be made while price is within the wedge, but overall long term the chart pattern is bearish, however the longer term outlook is pretty bullish if you are a dedicated hodler. Short term a rejection may occur at 50MA.