NEOUSDT
NEO's bullish Trend Explained.NEO was in an Ascending Triangle & Recently The Break out Has Happened.So This Means the Price can Increase Freely.an Important Resistance Sits at 29.64$ If The Price manages To break this Resistance, The way to 38$ has No Difficulties. Since The Pattern is the Ascending Triangle, It means We Can Expect The Price To Increase as Much as The Measured Price Movement(AB=CD)
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Thank you for seeing idea .
Have a nice day and Good luck
NEOUSDT & NEOBTC GANN Hello traders,,,
Today I will show you my idea about NEOBTC& NEOUSDT
NEOBTC is now having a Gann trend support and it is really important that NEOBTC stays above this resistance or we might go back to old prices, if new could stay above this support (2 daily close)
we might go to 0.000577 then 0.000599 and last target is 0.000682
If this scenario happened this will affect at NEOUSDT because if NEO get bullish versus BTC ,, NEOUSDT will go bullish too
so if NEOBTC go bullish our target at NEOUSDT 25.39 then 27.2 and our last target is 28.69 :)
NEOUSDT is now having a golden resistance (0.618) using fib extension if NEOUSDT could break this resistance with good volume we might see our targets
and now for RSI in both charts there is NO DIVERNGES that mean that our ascending channel is not strong enough to make the price go bearish BUT IT COULD HAPPEND IF WE NEO DOES NOT BREAK RESISCTANCE
Conclusion:
If NEOBTC get bullish NEOUSDT is likely to have the same.
This analysis has done by using Gann methods and Fib extension and RSI indicator & chart pattern
if you have any other opinion please feal free to share it in the comments below ,,,,,
Remember in this oscillatory market try to enter with volume
Have a nice day :))
NEOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
As you can see the price has successfully broken through the white resistance line and is currently directing towards thre second resistance area on ist way. We consider a forthcomming pullback to the first support line before approaching the identified resistance areas once again.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Neo (NEO) Buy ZoneNeo (NEO) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
Neo has become mid-term bullish as it retested its $19 lows and rejected them with recent strength. This break will be confirmed with a break and close above target 1 on the 4 hours timeframe.
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$NEO/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 18.9 - 19.7
TP 1 : 20.22
TP 2 : 21.25
TP 3 : 22.25
TP 4 : 23.6
TP 5 : 24.52
TP 6 : 25.47
TP 7 : 26.6
TP 8 : 27.8
Stop Loss : 17.9
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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NEOUSDT, We impacted to resistance zoneHello everybody
We hope that anyone took profit from the market and be happy in these of ranging price.
According to the chart as you can see we have resistance zone that the price impacted to it in more time and at this time we again impacted to it and now at this time we have reverse hammer and evening star but we need to see the close of this candle and if this candle will close in reverse hammer type with powerful body that makes that pattern we can take short position.
If you wanna use this analysis you can also use lower time frame to take trigger for entrance and have smaller stop loss.
Dont forget use stop loss and observe to capital management as you can see we put it but at first if you have any strategy for trading use it if you dont have you can use what we shown on chart .
Previous analysis :
If you have any question send us messages
Good Luck
Abtin
NEOUSDT - Descending Channel PatternNEOUSDT (1D Chart) Technical analysis
NEOUSDT (1D Chart) Currently trading at $21.65
Buy level: Above $22.5 (Buy after breakout)
Stop loss: Below $18
Target 1: $25
Target 2: $30
Target 3: $36
Target 4: $45
Target 5: $60
Max Leverage 2x / Spot Market
Always keep Stop loss
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