NEOUSDT
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.
NEO will go up 85,35% !$27,78 -> Medium-term target
Hello Friends, According to the NEO analysis, it will climb to $27,78
Don't forget the position sizing guys ;-)
NB : I share informations in a neutral way, I don't offer any investment advice on specific currencies, or initial offers, and does not encourage anyone to enter what may appear to be investment advice, and then completely disclaims any liability for any investment decision made by the reader.
NEO weekly (long term)NEO is still trying to pierce through the resistance zone wich was the target on my last chart. Even the thought the target was reached twice it rejected weekly candles on both of those times. NEO is now trying to pierce through for the third time but seem's to be undecided. I'm sure it will broke it but we might see NEO dip one lat time to the red zone wich was the resistance zone in my last chart and now acts as a accumulation zone. Theses zones have proven to be working since a couple months! When NEO will break through the resistance zone it will make massive moves, now is a good time to accumulate!
NEO chart looks bullishHigher highs / lower lows indcating an uptrend. Since April 4th its been grinding thru resistance resistance and after every rejection to break thru the resitance area, NEO has required less volume and time to absorb the supply dump. I'm thinking there's not much more supply up there and we might see a breakthrough soon.
You also have to consider the on the BTC pair we are coming up to the end of the continuation pattern which also gives me and indication that a move is coming withing the next few days/week