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NEOUSDT

TECHNICAL ANALYSIS OF NEOUSDT CRYPTOCURRENCY PAIR Third week of February has seen the biggest buying in Binance history for the pair. Bearish pin formed and was later broken to the upside. Price action of the last ten weeks is signaling break of important 13.800 price level. NEO seems to be a good investment opportunity and 13.800 is a good price to buy. Margin trading should be avoided. Even if the mentioned signals don’t work out, the next idea is just to hold NEO. If bull trend develops reaction around 25 level is expected. One option would be to take some profits out. Next (major) level is 40 and price reaching that level means having nice profit. Maybe holding on to some NEO after that for some wilder ideas is not so bad. Here is the link for fundamental research. neo.org Picture tells more than thousand words. Enjoy.
Long
by UnknownUnicorn4442145
NEO has mixed favor but more bearish in short-term.BINANCE:NEOUSDT Unlike most of top coins (the coins have high market capitallization), NEO did not raise up much incomparision to the others. After 2 times trying to break short-term Fib. 61.8% at around $13, NEO seems to lose its momentum. Though the bullish pennant (bullish favor) appeares on daily chart but NEO meets 2 strong resistances including Fib. 50% and 61.8% at the price range (bearish favor), besides, a exaggerated bearish divergence is also appeared on daily chart (bearish favor). As a result, NEOUSDT is expected to have a leg down to below supports which are the Fib. 38.2% (~ $10), 23.6% (~ $8) and 14.6% (~ $7). NEO has a small chance to reach $17 if bull news can activate buying force.
by Batrachotoxin
NEO giving off HUGE uptrend signals after a slow few days!Hi everyone, Welcome to my latest idea for those interested in what I have to say. :-) I have been watching the BINANCE:NEOUSDT pair for a few days and I was able to sink an entry point at $10.75 on April 16th. For the last several days, NEO has been bearishly running sideways after printing a bear flag that never ended up doing anything. In fact, all the indicators were signaling on the side of the short traders......until now! NEO/USDT formed a doji candle (black arrow) earlier in the day today and then IMMEDIATELY formed a three white soldiers candlestick formation (blue circle). This is a HUGE technical signal showing that there has been a change in sentiment. In this case, three white soldiers following a doji candle is indicative of an uptrend. The candles are riding the upper band of the Bollinger Bands so it is a risky entry (sell high on the bands, buy low on the bands), however, with the current formations, the signals are pointing to a move much higher than what we currently see at $11.15. I have a sell order set for $12.00......for now. Based on these new formation, I am leaning towards the idea that I will be able to move my sell target higher. I will play this by ear. I have adjusted the fib levels to reflect a smaller price change. I like to do it this way to get an idea of potential targets, its basically a more narrowed price range. Currently we are near $11.20 with 11.35 as the next target. This is how I decide where to exit. If we keep breaching the target areas I will hold off on my sell until I see the momentum stalling out. NEO has reached areas within the $13 range so I am curious to see how high this is gonna go. I am waiting for further data to make this determination. Some other areas to take notice of. BINANCE:NEOUSDT has broken out of a triangle formation and the support zone (green box). It also blew threw the 20 day MA and is approaching the 100 day MA which, is just above the $11.35 target area. We rapidly went from hanging around the $10.83 area to as high as $11.25 area. The trends have changed from bearish to bullish within the last several hours and are now showing that the bulls are in control. Volatility is pretty mild right now, I will be watching the volume closely watching for this uptrend to lose its momentum. RSI = 46.67 Stochastic = 66.34 The RSI and stochastic are technically neutral. Please hit like and throw me a thumbs up for taking the time to inform you all of what I am seeing and doing with my trades or, if you have found this information helpful/useful! :-) I hope you're successful in your trades and I encourage you to do your own research as well for maximum success. Good Luck and Happy Trading! :-) :-) :-) -AWC- *THIS INFORMATION IS INTENDED FOR EDUCATIONAL USE ONLY AND IS NOT MEANT AS ANY BUY/SELL ADVICE. TRADE AT YOUR OWN RISK.*
Long
by AWColumbo
NEO-USDT Long Trade PlanCommodity : NEO Trade Type : LONG Trading Against : USD TETHER Exchange : BINANCE Entries : Double-UP Entries throughout both the Buy Zones Profit Taking : 25% at each TP point. Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 2-4 weeks Investment in trade : 5% of the total Trading Balance. Prospective Profit : 11% to 58% Prospective Loss : 8% RRR : Between 1.4 and 7.13 depending on TPs Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
Long
by CryptoTherapist