NEO BTCKeep an eye on this one.
A possible breakout of 0.0014 which is equivalent to breaking the neckline of the inverse head and shoulders pattern could propel NEO very high and repeat what dash has done.
I would be waiting to see what BTC is going to do before taking any trades.
Take this as an informative post, not a financial advice.
Good luck :)
NEOUSDT
Bulls for NEOUSDTHi Traders
NEOUSDT is shouting bulls right now. Above all MA, it seems to grow momentum. The Hitman also shows a Buy-print. The last two swings where about 10% - for this swing it has already went up for about 4%. To set mutliple TP we would recomment to use the Fib extension, like shown on the chart.
#GAS | Breakout !Entry : 0.0001307 - 0.0001246 - 0.0001200
Target 1 : 0.0001399
Target 2 : 0.0001560
Target 3 : 0.0001798
Target 4 : 0.0001910
Target 5 : 0.0002090
Stop loss : 0.0001182
Risk/Reward : 8%/60%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
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NEO/BTC TA Update (Resume Uptrend?)NEO/BTC
NEO broke the downward trend-line resistance coming from the swing high at 1530 sats area. If the daily candle can close tomorrow bullish, I would expect more upside action to retest the swing high levels.
NEO bounces off 2 times at 200 Day MA acting as dynamic support during its strong pullback. This signals us a potential resume of an uptrend again.
NEO swing long (possible +25-40%)NEO looks very interesting to me. Why?
After that big pump/surge which was caused by the call/news of the Chinese president that China will support Chinese blockchains, NEO with TRX and ONT have followed with a very interesting pump.
Now it is time for re-test these areas and see how bulls are strong (if they are going to add into their basket more NEO for cheaper prices).
You can buy NEO now and target for $11 as a first resistance. If the price will not hold the current level, then I will add or buy again NEO at $7.
This is a clear technical analysis because you do not need it anymore.