Neousdtlong
If re-test is succesfull, the possible 30%As it can be seen,
if it bounces back from the support area, the formation will likely happen. Also there is a weak resistance line where there are three touch including re-test stick. Two situation support the idea of that neo may go up.
Stop levels are 107-108$.
First TP level is around 135$.
Final TP level is around 148$.
Happy to hear your comments, ideas and critics ^^.
NEOUSDT Descending Triangle Bullish Breakout & RetestNEOUSDT Descending Triangle Bullish Breakout & Retest Completed.
The market also filled order block and pumping RN.
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
Buying Zone Above:
Above BZ1: 95.266
BZ2: 96
BZ3: 97
Targets:
TP1: 105.139
TP2: 118.027
TP3: 133.691
TP4: 170.374
Stop Loss: 75.302
NEOUSDT good for buy!!NEOUSDT (1H Chart) Technical Analysis Update
Resistance become support
NEO/USDT currently trading at $64.00
Buy-level: $63.45 - $64.00
Stop loss: Below $61.10
Target 1: $66.50
Target 2: $68.50
Target 3: $70.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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NEO DAILY TIME FRAMEIn major time frames we saw how the price is starting to form an uptrend.
In this chart we see how the price has broken an accumulation area and is forming a continuation pattern, the price breaks the resistance with fractality and returns to the now support. If the price leaves us with a decisive candle in this area, we can go long to look for a long run up to $40.
Shedding light in an underpriced asset | NEOUSDT SpeculationDropped from its $200 ($198 to be exact) ATH during the 2017 bull run. Made it to $3 per NEO. Now price is in a huge accumulation phase. We don't have any official news that institutions are buying this too, but the signs are indicating that we might be too close to end this period. Once the bull flag pattern is broken we can blindly buy on the breakout and expect to see that more people will think the same way.
Short term target lies around $35 and it extends till sub-50. Nothing more to say. One picture equals 1000 words and those who are brave will be blessed when it's all over. Crypto game in 2020-2021 require some balls of steel.
Let's see how NEO will play out in the next days.
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