fib div & macd & priceHello friends
Well, as you can see, the price in Fibonacci 38 has been resting for a day or two. Divergence can be seen in the MacD and the price. Everything is ready for a flight.
NEOBTC trade ideas
NEO/BTC Finally shows some powerBINANCE:NEOBTC had a very long downtrend during all bear-market. After researching about it today i found awesome signals about possible power actions.
Great volume and pattern to enter at a retrace near the golden line, very good for long-term portfolio
NEO is good to accumulate with strong fundamentalsNEO 3.0 Mainnet will be coming before the end of the year and you don't want to miss the uptrend.
With a retrace to the 0.618, the recommended way to trade NEO is to wait for a bounce and identify a MACD reversal (turning green)
NEO - When Will the Ole' Neo Bounce?NEO (formerly Antshares) is an open-source blockchain decentralized application platform, originally founded in 2014 by Da HongFei and Erik Zhang. They have since its rebranded to NEO from Antshares in 2017.
We saw our spike years ago, back when 0.015 BTC for an alt-coin was not a bad price, but definitely not as rare as it can be considered today.
After ages of trading sideways, we saw some action recently, hitting highs around 0.0020. Since then it's been a pretty sharp correction, with a clear downward resistance forming.
On smaller timeframes, it looks like we might get a little bounce. But with the low volume on the first support test, I feel like like we probably have a little further down to go.
MACD is majorly bearish and we've got a lot of room to go until we correct down to our notable EMA's
We're bouncing off an EMA level right now on the 4h chart, so may get a small correction up. But wouldn't bet on it right away.
Stoch is oversold, and has been for some time.
OVERALL THOUGHTS
Don't make a move right now, chances are we'll see a bump down before we're in solid buy territory. Area is marked on the chart as well as a potential TP.
TP - 0.0020700 +
Safest course of action is either buy the retest with a tight stoploss or wait until you have confirmation of a breakout from that downward resistance on the charts.
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NEO approaching golden pocketPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- 35% correction on NEO
- Golden pocket coïncides with 1500 support level
- MACD histogram is beginning to show weakness in the trend
I would wait for a confirmation of the 1500 level. With a tight SL at 1430 sats.
Target 1: 1650
Target 2: 1800
Two FIB levels that fall perfectly together with resistance levels
How do you feel about this trade?
$NEO - broken uptrend, resting on resistance to support flipNEO is currently resting after a strong bullish river abated. We need to see if this will hold as support in which case we might see a moderate leg up.
A lot of the recent uptrend appears to have been driven by the Flamingo Finance DeFi project. We could see a dump after people get what they need out of that project (honestly, not that familiar with it but need to look into it).
If that all goes well then it's worth keeping an eye on NEO as an emerging DeFi platform, it has cache with boomer traders who remember the glorious pump from 2017. I would love to see this run again!
NEO.BTC (Y20.P4.E1).Macro.Looking when to go longHi All,
I'm going to do a few of these charts today and I'm not afraid to be wrong.
For now, this NEO chart makes sense, based on fib. levels, trend lines and formations.
Its not a trading advice but a means to plan for the shorts and where to go long.
NEO.BTC overview, inverted barr structure
Please give me a like or tick for this post.
Cheers,
S.SAri
ZIL.USDT
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STORJ.USDT, the one that got away, a beautiful bottom setup which I overlooked.
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LINK.USDT
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[$NEO] Don't sleep on the chinese $ETHHello everyone,
Hope everyone OK !
Some analysis on the Chinese $ETH , $NEO is becoming more communicative on their new DeFi projects with NEO3.
Some a technical point of view, there is a really good signal at the moment wiht this set up : Price above Cloud , Tenkan & Kijun following the new trend & finally the Laggin Span pumping out of the cloud on the Daily.
3D TF we hit the SSB ( upper band of the bearish Ichimoku Cloud)
Volume are coming in and more NEO community, more the PA will move ;) It's a new turn at the moment for really good altcoins project !
TOP50 altcoins marketcap is reversing strongly vs. $BTC.
$NEO is clealy painting a new cycle after this long bear market with slow congestion. Accumulation last more than 1 year and half ! Let's go out this zone and rock resistance !
Keep on eye on it :)
NB: It's not a financial advise ;)
Trade safe , Stay safe
PEACE
NicoDonCrypto
NEO doesn't look that greaton BTC chart:
Bearish Chuvashov fork supported by bearish 1D RSI divergence and head & shoulders.
I'm a buyer at 1D EMA200 retest.
NEO/BTCNeo looking like it could be forming a bearish head and shoulders pattern on the 4hr chart
keep watch to see if it breaks support for confirmation set stop loss just 1 ATR above and look for shorting opportunity's
NEO/BTC (Bearish Pullback?)💎Technical Analysis Summary💎
BINANCE: NEOBTC
-After the dump last September 21, NEO pulled back
-And tested previous support and 50MA
-This area is now turning new resistance
-It is also forming a Bearish rising channel
-Candle body below trendline support will confirm sell
-Downside target is 1600 sat area
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Neo clear to break out by NOVEMBERThe overall market is currently reaccumulating for the big following 3 months. Prices are pressuring to be put low so major investors can take their stake in the run and i believe neo is one of them.
with the volume and conviction of how we reentered this bullish channel it was no wonder the bears gave us a major rejection on our first test if we let the bears drop our prices nice and low over this following month there will be absolutely no doubt in my mind that we break through.
$NEO - broken uptrendUptrend broken partly due to bad market weather.
Looking at 1209 as most likely reversal point.
Not sure how the Flamingo ICO is fundamentally going to change this. It may be there's a final rush to stake before that launch.
NEO/BTC (Old Support>New Resistance?)💎Technical Analysis Summary💎
BINANCE: NEOBTC
-After the price broke the trendline support
-NEO pulls back to test the old area, it is now turning resistance
-The previous support also coincides with 50ma dynamic zone
-If the Bulls can't pass 2100 sat above and consolidate
-The Bears may enter the market and send the price lower
-The downside key targets is around 1600 sat
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
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Two buy opportunities on this chart for NEOBTCMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00173).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.00199
TP2= @ 0.00213
TP3= @ 0.00232
TP4= @ 0.00252
TP5= @ 0.00274
SL= Break below S2
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Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00180).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEOBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 0.00199
TP2= @ 0.00205
TP3= @ 0.00228
TP4= @ 0.00245
TP5= @ 0.00273
SL= Break below S2
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