NEOBTC H&S + VOL for quick short Look at that beautiful H&S , VOL/SQZ & RSI. What a sight to see for all you lower EMA Forex traders out there.
I ’ll keep this one short and try to publish later some sort of update but with the classic trendline pattern we are seeing now is in direct correlation with the fundamentals of a classic H&S TO neckline so that would make 1368s the ideal TP 1 with 1379 the pivot / support.
Read carefully everyone and treat everyone as you would like to be treated.
It’s already cold outside and with the cold world no need to be just as cold. Fucking reptiles over in the city make me miss Miami/LA (I’m from here for FFS)
As always Stop limit is the number one priority
— The past hour long we got phenomenal news about South Korea just as we did about France yesterday looks like they’re both acknowledging crypto as currency so I said it first I think back in 2015 (Re-tweeted recently) that 2020 would be the year of integration :)
Disclaimer
Note : T his is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
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Enjoy your weekend. <3 TGIF all!
-m.T
NEOBTC trade ideas
NEO Break up or down? Ascending triangle|Structural Resistance Evening traders,
Today’s technical analysis will be on NEOBTC which is testing its critical structural resistance that needs to break for a bullish bias
Points to consider,
- Structural resistance in confluence with .382 Fibonacci
- Respecting ascending support line
- RSI testing its resistance
- Stochastics in lower high projections
- Volume clearly declining
NEO is testing an important level where a break will negate key technical indicators and change the overall maker structure.
The Ascending support line that is being respected puts emphasis on a probable ascending triangle as NEO puts on consecutive higher lows.
The RSI is near its apex where it must break its resistance for a bullish bias. Stochastics is currently neutral with stored momentum in both directions, it is however trading in a lower high projection.
The volume is clearly declining signalling that an impulse move is imminent, which is true as NEO is in a trade location.
Over all, in my opinion, NEOBTC is probable to break structural resistance, it needs to close above with a retest to confirm an S/R flip.
What are your thoughts?
Please leave a like and comment
And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.”
― Yvan Byeajee
NEO/BTC 8H (Binance) Big fat ascending triangle in formationNEO is at triangle support and seems like it's done with correction from last high.
Let's long this retracement, targets are in safe zone for short/mid term, but long term looks good also and can grow way higher.
In fact, in case the patter would be broken, hold some for big ROE!
Entry= 0.001264 - 0.001238
Take Profit= 0.001375 | 0.001473 - 0.001542
Stop Loss= 0.001127
Risk/Reward Ratio= 1:1 | 1:1.79 | 1:2.35
Expected Profit= 9.91% | 17.75% | 23.26%
Possible Loss= -9.91%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x | 3x | 5x
NeoBtc Long opportunity 200-350% expectationSpotted broadening wedge with price bounced from the bottom level of the wedge, with a major wave cycle completed.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to our risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
SELL TARGETS
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Thank you.
NEO - ready for last 5th wave ?In last NEO analysis, I thought, this will be only ABC correction, but it ended up as an impulse 3th wave, so now we will very likely see 5th wave, which should take us to 1800 satoshi. I am putting my stop loss to 1376 satoshi, so risk reward ratio is pretty awesome (14).
NEOBTC 1-Day ChartTo me this chart is saying quite a few things.
When zooming out I can see a historical support and resistance level is .00133820
On the day chart, we have completed an inverse head and shoulders.
After our breakout we have managed to start to form a neutral pennant suggesting it will breakout either way.
A fib retrace suggest that we have bounced off the 50% which is a very big bullish sign.
Buying range is between .00139 and .00134
Selling range is between .0015 and .0016
Sell Loss is set at .00131
Neo Still is in a Great buy ZoneHello Traders,
After crossing a important downtrend line, form an reverted head and shoulders and does a pullback the neck line. Neo is in a excellent buy zone and excellent target.
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Best Regards, Sandro e Gustavo.
#NEO - Sleeping Giant!The coin has been gradually moving upwards for a number of recent days. Several important resistances were broken and flipped into supports.
I can see a huge demand, bulls are much stronger than bears. Moreover, there is a hidden bullish divergence on the 4H chart which can push the price upwards locally.
Targets on the chart mentioned for long-term holding, as I expect to see a great run in 2020 from $NEO. The last level which must be broken is 0.0017, then the asset will turn ultra-bullish and continue growing thanks to the hype.