NEO time to fly Info on the chart
inverted hammer out side of the 3D ichi cloud gonna make you drop that like ;)
NEOBTC trade ideas
NEO/Bitcoin Daily Technical Analysis in Fibonacci & Cup Charts NEO/Bitcoin Daily Technical Analysis in Fibonacci & Cup Charts .. .
NEO - Inverse Head and Shoulders - 50% TargetNEO appears to have completed a negative leaning inverse head and shoulders pattern. Given the head height, I place the target at around .00022. I'm long here.
NEO - shorting finished ABC correctionNEO is very bullish, it has nice 5 wave uptrend, but now we are in boring correction, volume is good, but that´s only possitive, that I can say about this recent move to the upside. After we will go down towards 1100 satoshi, I will close my short and definitely go LONG. I am using binance margin for shorting.
NEOBTC ready to rise?Welcome fellow tradingviewers,
NEO/BTC is showing some real vital signs. With the mini-Altseason we have had the last couple of weeks NEO has been holding back. But now it might just be time to shine!
Monthly:
- We saw a beautiful bullish engulfing candle back in October, indicating more upside.
- The months after october have been slow indicating more upside.
Weekly:
- The last candle closed in a bullish engulfing cande, indicating more upside momentum.
- We are currently testing the 50MA, indicating downside momentum, unless we break it on the first try and find support.
- Weekly MACD crossed bullish, indicating more upside momentum.
- RSI neutral.
Daily:
- This daily candle is looking like a bullish engulfing, which upon close would indicating more upside momentum.
- Daily cup and handle can be found with the breakout level around 1500 sats.
- we are above all MA's and have used them as support, indicating more upside momentum.
- MACD crossed bullish, indicating more upside momentum.
- RSI is neutrals.
In summary:
The most important resistance to break right now would be the 1500 sats area. If this area breaks, the C&H pattern will be breaking out.
The C&H pattern has a target around 2100-2200 sats, if this C&H pattern is going to show us some real strentgh then we might be heading even higher towards the 2600 sats area, but this is too soon to say right now.
Let's focus on what is going to happen in the 1500 sats area first.
This analyses is only intended to share my idea, to educate and entertain you guys.
This should not be considered as financial advice.
I hope you guys enjoyed this analyses, if you did don't forget to leave a Like!
If you want to share your thoughts, please do so in the comments below!
Kind Regards,
FORALLCRYPTO
NEO LONG!Neos momentum is going up as well as money flow. should be a easy 2-3% gain! also all the MA look really good!
NEOBTCswing trading since 15 Nov 2019
been jumping since start of Feb 2020
its in a buy swing for long term.
good luck traders
NEO (Feb 2) 52% Potential Profit in 35 Days#NEO/BTC (Binance)
Buy : 1250 - 1300
Sell : 1350 - 1400 - 1500 - 1600 - 1700 - 1800 - 1900
Stop : 1125
#NEO $NEO #NEOBTC
NEO (Dec 04) 46% PProfit in 88 Days#NEO/BTC (Binance)
Entry Zone: 1150 - 1200
Take Profits: 1300 - 1400 - 1500 - 1600 - 1700
Stop Loss: 1090
neobtc longFinally neo completed the inverse head and shoulders pattern.
This is huge given that it's taken so long to form it, an invalidation would be hard at this point.
A breakout above the neckline would be inviting in terms of long position.
Just an idea, not a financial advice.
Check out my other analysis if you want.
NEO - impending daily SFP at resistanceLooks like we're gonna have a pull back. How deep? Only the MM knows. A good bet would be back down to the closest support but with major resistance being so near to that support I would personally wait for a close above resistance before taking a long.
Moon pattern, get ready for a big candleyes if the prices doesn't go down and it maintains like this at the end it will do a big candle
NEOBTC LONGNEO/BTC has insane potential.
Inverse head and shoulders pattern almost formed
Volume is decent.
If it breaks above 0.0014 then it's likely to explode upwards.
Check my other ideas and good luck with your trades.
Not a financial advice, just an idea
Be ready for the NEO breakout NEO is currently near its lows in terms of NEOBTC levels. NEOUSDT has also formed a cup and handle formation.
NEOBTC Range Trading| Structural Resistance| Low Volume Hello Traders!
Welcome to another update, today’s chart will be on NEOBTC, currently trading range bound where a break bullish will put emphasis on a clear higher high and a probable trend change.
Points to consider,
- Range bound trading
- .50 Fibonacci level – strong support
- Structural resistance being tested
- Stochastics in upper regions
- RSI respecting support
- Volume below average
NEOBTC is as of now attempting to break structural resistance which is in confluence with the .236 Fibonacci level, a break will put in a higher high in the immediate trend.
The .50 Fibonacci level is current support which has been tested multiple times, but to be backed with buy pressure coming in.
The stochastics is currently trading in the upper regions, can stay trading there for an extended period of time, however lots of stored momentum to the downside. RSI is respecting its local support (around 38), currently trading in neutral.
Volume is clearly below average, an influx is required to break key levels successfully otherwise fake outs are highly probable – evidently on fist attempt.
Overall, in my opinion, NEOBTC needs to break from its range bound trading, a break bullish will increase the probability of a macro trend change, and this is more likely as NEO is trading above key moving averages.
An important metric to monitor is volume, which is well below average, NEOBTC needs an influx for continued follow through.
What are your thoughts?
Please leave a like and comment,
And remember
“A quiet mind is able to hear intuition over fear.”
― Yvan Byeajee
