NEO/BTC 1D, targets and scenario. Price is stuck under the first local resistance zone (blue). To continue a bullish trend, the 1D candle should not be closed below the blue zone.
This coin will be interesting to purchase if we price can go through the local support (blue). The goal - edge of an orange block. Otherwise, we will go down to test the "rocket level". If it breaks - we will go to the "B" zone.
2 possible scenarios I marked in the chart!
NEOBTC trade ideas
NEO Bullish potential This is a speculation on what will happen with NEO. Mind that i don´t have a glass sphere where i can for see the future with.
The first thing i did was finding the resistance and support levels. I used the volume to identify them. I moved on seeking for a pattern i couldn't find a clear one. So i wrote down a line from top to top and from bottom to bottom. I think there is potential in NEO because. There is a buy signal in the MACD and the trend is increasing.
The D in the graph is for the distribution of GAS on binance.
best regards, Junktard
NEOBTC - 20% GTDBuy Price:Green Zone
TP: Blue Zone
Support: Orange Line
Resistance: Purple Line
SL: Red Zone (I don't recommend to sell in loss.)
Invest Suggestion: 10 Percent
Profit Expectations: up to 70%
Neo can suffer a retraction before explode... it broke the downtrend line and its testing a strong resistance right now! HMA's are in excelent position!
Elliot waves are very similar when Neo explode in 17 Dec 2017 and 07 Set 2018 .
See me previous analysis and how profitable the are!!!
Sell when you get some profit, according the way you trade.
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NEOBTC Long1-Technical analysis:
#Classic Analysis: Down trend line breakout in daily time frame
#Indicators: bullish signal in Ichimoku & Volume approval in volume candles indicator
#Harmonic patterns: bullish bat pattern happening in weekly time frame
#Candlestick: bullish weekly candle and bullish trend in daily candles
2-Position details:
*Entry: green zone’s breakout
*Stop loss= 0/00167482-0/00172024
*Take profit 1=0/00335613-0/00340952
*Take profit 2=0/00463700-0/00470398
*Take profit 3=0/00650623-0/00674032
*Profit/Loss ratio= 1/25 minimum (based on TP1)
NeoBtc Buy opportunityNeoBtc price is trading in Ascending broadening formation after it earlier broke out from the falling wedge pattern. We should expect some rise on this coin soonest
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
NEO - Bullish Buy Indicators EverywhereTaking a look at the daily chart for NEO, I see bullish signs everywhere. The price is currently holding above its most recent resistance line, which is now acting as support. The MACD is about to have a bullish crossover and it is about the cross the zero line. The last time it crossed the zero line the price went from .00175 to .0024, for a nice 37% gain. And that was wave 1. I'm hoping wave three can at least take us to Target 2 around the .0033 area. This would set NEO up for an inverse head and shoulders pattern for a killer wave 5. HOWEVER, before I get ahead of myself, BTC's stability will play a major role in how this plan unfolds. But I really like what I see on the daily chart.
NEO ($NEO) - up to 623% PPT! Long term trade.$NEO is one of the top projects in the space and also is one of my favorites.
Later in February there is going to be NEO devcon in Seattle which might positively affect the price.
On daily chart we can see clear bullish divergence and potential support around 170000-200000 sats.
I suppose price already reached the bottom however everything depends on general market sentiment and bitcoin price.
Buy - green and below. Sell - red.
It's not a financial advice.
Trade carefully and good luck!
If alt season is starting, here are some key levels for NEOHere are some key levels for an optimum bullish scenario. Pressure is building in the RSI and we should hopefully see a break upwards.
As always, these are just ideas to take into account, and not guaranteed trading zones. It's been a long year, plan for the best, prepare for the worst.
Neo in chanel trending downHello Everybody.
I see the price moving in a chanel. Planing to buyl the bottom when touch support line 1, even level 2 , and then sell up when touch ressistence line.
And over and over until the trend will reversal. Selling the retrace.
Must follow LH and LL ,
Iam absolute begginer, this is not financial advice. I Publish only for my personal purposes. To look back and control my papertrade.
Good luck all and hope for Bull come soon .