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NEOBTC trade ideas

NEO – bullish pattern – 35% quick gain possible.Hi Guys! We are sure many of you heard about NEO. It made 350X gain in 2017 . Will it repeat its success? Well, maybe it won’t be as much spectacular as it was two years ago but… Let’s take a look at the chart and indicators. • The current price level is one of the lowest ever. This is the accumulation time . • Ichimoku Cloud - The new bullish bar starts above the TenkanSen(red) and KijunSen(blue) and the bottom of the cloud. GOOD. • Weis Waves – The supply is falling down since the beginning of May. Nice amount of demand has shown up. • Bullish ascending triangle observed – our minimum target is 0.002300 • Further target possible – 0.002740 So this should give us a quick 35% profit according to the bullish ascending triangle theory . Wait till this triangle is broken up . What do you think? Are you on board? Thank you for reading. Hit a like to support. MASSIVE Hugs! WBM Team
Long
by WBM_Team
NEO is preparing for somethingNEO/BTC is forming an ascending triangle . NEO many times bounced off of the rising support of the triangle, constantly creating higher lows . The ceiling was tested many times, so next time 0.00163 expected to fail. Targets for a breakout to the upside on the chart Breaking down invalidates the pattern. Always practice risk management. Fundamentally NEO prepares for something big. NEO has so little attention today with this new coins, but accumulation we've seen on NEO looks impressive. NEO 3.0 coming next year can potentially be a game changer. If you like the idea, please, do hit the Like button and subscribe to the profile in order not to miss our updates! The information given is never financial advice. Always do your own research.
Long
by CryptoBullet
3
NEOBTC: 1 Hour Time frame Chart PatternsConclusion for today's NEOBTC analysis: Price closing above ~0.001665 implies more bullish upside in NEOBTC Intraday timeframe analysis of NEOBTC is presented using a candlestick chart. April 05, 2019 to May 14, 2019 saw NEOBTC remain inside of a bearish channel that is shown on the chart with a breakout following a day after. The bullish implication of the breakout is currently still active even though a sideways movement has resulted. The upper and lower boundary of the ranging environment for price that has lasted over 3 weeks is also drawn with NEOBTC currently trading in the middle of the range. The best course of action is therefore to wait for further price development to ensure the continuation of the May 15, 2019 bullish breakout. Buying above the upper boundary of the range i.e. 0.001665 can be considered as part of a conservative strategy or even buying above the May 30, 2019 price high of 0.001713. Initiation of long (buy) orders prior to breakout is hence considered less conservative. This is due to the fact that it is not yet certain that the ranging movement is complete and prices having a chance to even head lower to test support between 0.001412 and 0.001356.
by Coin_Analyst