NEO - Finally Showing Some LifeLooking at the 4-hour chart for NEO, we can see that the price is testing the upper resistance trend. If NEO can get a much needed breakout, I think it is in store for big gains. I put two targets that I'll be looking for NEO to hit at .0026 and .0033. Each target if met with resistance would create an inverse head and shoulders setup.
NEOBTC trade ideas
BTC-NEO -Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2015 ( 7 / 10 )
Volume 24 H : 30000 BTC ( 8 / 10 )
Available Markets* ( 8 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **15 ( 9 / 10 )
Website ( 6 / 10 )
Type Blockchain with SmartContracts - Chinese ETH
Overall ( 7 /10 )
My old friend - AntShares . On Nov 2016, I met with you . Time is flying.
I sold you such a long time. I am waiting to buy you again at 220,000 satoshi.
Please come to me at this time, I promise that I will not leave you alone again :D :D
Dont miss out if you catch it around 0.618 Fib level
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
NEO stop going down, good news ahead!NEO 3.0 is ahead, right now without any TA, price is too low for this gem. Just with the news is enough to see that this is a bargain that can't be missed. Should break those resistances easily.
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NEOBTC 7 RRR shortTrading Methodology:
1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point.
3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposite trend line .
4. Based on the degree, of the earlier defined angle, the appropriate (and secret) levels are selected for the fibonacci retracement ; two levels for stop-loss and two levels for take-profit. The closest stop-loss level to the current price level is the top priority stop-loss. Though the secondary stop-loss level is often chosen for some markets such as FX and some equities in order to account for seldom unexpected resistance breaks. The greater target level is the top priority, and where majority of the shares are sold, though some may choose to close part of the position at the first target level or set it to be the stop-loss once price exceeds it. Entries should be laddered in around the levels closest of the yellow line.
This trading strategy can be applied to any market and time frame, and positions most often garner the greatest risk-to-reward ratio with the highest success rate. What more can you ask for? I will only be posting my unique trading strategy until EOY. I work solely with price action to identify pennants and apply unique trend-based fibonacci retracement levels for SL and TP levels. Reach out to me if you have any questions.
Neo/Btc is heading to a big bounce.Let's look at some indicators:
1/ Bullish divergence is formed on 3-Days timeframe.
2/ Wave C potentially is going to be completed at (0.00143 btc - 0.0015 btc) (equal the length of Wave A).
3/ Volume starts increasing.
4/ a minor support at 0.00143 level.
I'm almost certain that a bounce is going to happen, I will look for accumulating at around 0.0014 - 0.00143 btc. This is a big bounce, take profit at below 0.002btc (~ 50% profit ).