NEO - Is at the right place at the right timeAt around $9.5 NEO is at a place where the lowest it can go is $5.50 and the highest is around $22.00. This is the kind of trade you always want to take. BTC looks to be in the middle of a secular bull market, up is the only way it can go -- with some retracements here and there -- and it will pull NEO along with it. If you get in now this trade will take a few weeks to develop. Be safe and follow me to stay ahead of the curve.
NEOUSDT
NEO/USDT Get is right now and double your money.This is an easy one, NEO has been making me good gains since a while back. It is resting at the bottom of a very reliable trendline. If you buy now under $10.00 you can double your money easily, just sell once it hits near or at resistance which in this case is the upper white line. If it goes down (Which it could) it won't go lower than $5.00 and the upside is $200.00 in the very long run. I would commit 25% of my capital to this trade which will take a few weeks to develop. All of this, of course, is in regards to paper trading. Follow me and get more heads up! Like this one.
Is NEO starting a new run-upHello Traders,
today I show you my analysis on one of my favorite coins: NEO
NEO is following this channel upwards and is currently on the lower corner which seems to hold. Entering here at these levels gives you a nice Risk/Reward above 6! Further, the RSI has not broken its ascending trend.
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$NEO/$USDT - 50% Bull move in week aheadAs USDT pairs move with BTC, currently BTC tested the 0.38 retrace level and likely to use it as alternated support for a bullish continuation before the month closes out. Now looking at NEO which is a better pick to be on during BTC rallys due to the larger volatility - thus % gain, we can see the last pull back was a 0.38 retrace of the former markdown to $9.75, this is now sitting on the 0.618 retrace level which is ideal for an Elliot wave 2 criteria. Expecting to see a short-term pivot up to $14 where it will again retest the 0.38 retrace of the larger macro wave, this level also has confluence with the 0.618 fib extension if we see a bounce here. $14 is the first target, and if we see a break out above this and the bearish trendline, next target will be $18 at the 1.618 fib extension (also showing confluence with the initially supply of the larger macro wave).
On the Weekly charts, BTC does look like it will have a bearish run during August and possible September as it moves towards $7,500 area. But prior to this we are likely to see a pullback now to trap bulls in as the bear market resumes towards the end of this month. Great entry here around the $11 range with a tight stoploss.
Sorry Kid, You're Not The One - NEO! (NEOUSDT)Hello friends, traders, everyone!
TGH Member request...
Alt coins can be tricky, but I don't mind trying my hand at some of the more popular ones.
For NEO here, with a solid following, could produce a good opportunity to buy.
I would like for now, to see it stay within the blue triangle. Right now, the bottom of this area needs to be confirmed as support. Then, we can look towards breaking speedfan resistance.
Keep in mind that, this will be the first MAJOR resistance NEO will encounter since the great capitulation.
Generally, I am not a big fan of 38.2% retrace, but this COULD THEORETICALLY mean NEO is in a strong uptrend.
(That is the textbook meaning of a 38% retrace in this situation)
Keep an eye on it here, look for dips within the blue triangle, and a breakout buy in the green box. Your best bet would be a trailing stop loss.
Good luck, traders!
neo usdtneo looks very bullish to me although $22 - $30 looks to be a difficult area to break at current time, i believe that NEO is a pump coin past and pump coin future which gives/gave enormous gains ... now neo is usually slow paced and acts like a turtle but i admit to myself that neo has potential and thats why i loaded up bags of it in april. neo in my oppinion has a potential to see $99 - $105 to test the (0.618) golden Fib level by the end of the year collectively considering we have neo 3.0 coming up plus all the eth and neo side chain hype will fuel everything bundled up as a package deal ...
****this is not financial advice***
NEO (14.70/11.00) CorrectionGood support at 14.70/13.80 with wave retrace levels at .61/.50 fib levels plus previous alternated resistance. Placing a parallel channel over the previous two waves we can consider the recent peak outside to potentially create the inverse effect to the lower side for a full retrace to $11.00 - this however seems rather steep and would be difficult to reach given the above support, much will depend on BTC movement.
16.10 is another key support that has been tested already - this is a confluence level of 38/50 fib retraces of two waves. Given the volatility we may see a short-term bounce into a wedge/range, otherwise a bearish trend for the month ahead.