NEO Coin Undervalued. Bull Run Incoming!NEO has been in a downtrend for a few years after the ICO bubble, and after being in accumulation phase for most of 2019, I believe we are on track to a massive bull run (alt season)
NEOUSD.P trade ideas
NEO Analysis (Requested)I am proud to say that one of my followers requested me to make a chart for the first time! It's a big milestone for me :)
Shoutout to @dgknsmk for following my charts successfully (quote).
Thanks man!
So, the thing is that many of the crypto charts look almost identical.
I personally try to publish only charts which I would act on and to be honest at the moment I wouldn't buy NEO as I do not see a good setup.
There are many bullish things, and some bearish things which is in most charts, but for me to buy I'd like to see us above the 21 EMA and then down to confirm it as support and bounce from it - then I'd consider going into NEO with a stoploss below the 21 EMA.
Also I wouldn't do long term for now I'd play it level by level - box to box.
On the right screen you can see the 4 levels and we are in the middle of two of them, so I'd wait for us to go into one of them to make a decision.
NEO fibonacci RSI growth expectedDear all !
Expecting RSi growth formation at the end of March/April, that can lead to price hype.
Buy zone = 10.43$-13.00$
after testing fib resistance 13.0$ and approved RSI up trend there is possibility to grow to the level of cca 15$
If we cant get over 13.0$ resistance i expect a fall to the level of cca 8.8$-7.5$, where we'll test another support
I feel positive about NEO so keep finger crossed
NEO Symmetrical Triangles?A symmetrical triangle has formed between trendlines on the NEOUSD pair. This is a bullish symmetrical triangle as the first impulse wave was bullish which upon breakout of the triangle will lead to a second wave. A few H&S patterns can also be identified but I haven't listed these as their impact on daily charts is minimal.
Great opportunity to Buy NEOUSD medium termMy strategy is to combine several techniques at once:
+ Price channel and trend line: help me identify the direction of the price,
+ Supply - demand: help me identify the reversal position,
+ Elliott wave: help me determine the cycle of price,
+ Candlestick patterns and price action: Help me enter the order at the right time.
............
NEOUSD Long Enter at 9.19usd.NEOUSD Long Enter at 9.19usd. In the exchange rate, we try to trade the rule that the ATR closes with a symmetric motion of the wave sequence. I've written about this set of rules many times. It is based on the simplest and fastest way to identify a wave amplitude near the ATR closing values when constructing an exchange rate (either). If the same amplitude is obtained for both closing values (long direction, short direction), then it is very likely that an accumulation phase will occur. If the symmetric backtesting theory is correct, the exchange rate may turn north again from 9.19 usd. Then I expect a higher rise to the level of 19.50 usd.
NEO/USD | Trade Idea | Swing Long In this Trade, we can see Neo on NEO/USD pair found a temp bottom and bounced. From previous S/R, this price point will play a crucial role. I have been holding Neo for long term, this is a trade setup I might take.
In the Next few hours or days, if Neo can find support from $10.50 - $11 and not break under but a retest bounce, we will see Neo go above $14-16 retesting Resistance again, can take a month to play out.
Neo weak strengthNeo is showing weak strength on the RSI where it broke the support line which could indicate a further push down towards 10$ where we will be looking for the uptrending channel to hold support.
8.65$ is another level to watch for. Could potentially be a good place to pick up some for a long position.
Neo has been consolidating in a range for almost 1,5 years in the range of 5-20$.
I personally believe a crypto run will come sooner than later and the recent attention and small rallies we had all across the crypto board could be a testament for a break out is on the horizon.
(YTD at their recent peak level)
BTC 53%
Litcoin 120%
Zcash 190%
NEO- Making lower highs, ShortNeo looks terrible. Unless it can retake the trend line, which will prove to be difficult, this is a short down to 11s against the US dollar.
NEOUSD - 12HIf we can't hold support price might drop to the next trend line (12.63)
If we hold support ; 14.35 - 15.60 - 16.77 - 18.00
$NEOUSDBITFINEX:NEOUSD
Great example of polarity change big plus is hidden divergences on indicator.
Up trend should resume soon.
NEOUSD further rise.NEOUSD further rise. The exchange rate builds a rising wave system. My analysis assumes that we are nearing the end of a 2: 1 fractal copy. You can see that the correction fractal is currently being duplicated twice. Therefore, I assume that once this is completed, the exchange rate will return to north again. Target price 18.93usd
NEO Up 63% in less than a monthBeen watching NEO very closely as we believe it has a lot of room to run. It's up 63% since it bounce off the 200ma on the daily chart and it just got a golden cross.
We're going to keep this position open until we see any bearish signs.
Shoot us a like and give us a follow as we come back with more updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NEO/USD Cup and handle possible formation?Could be a cup and handle forming, which should teleport price to around 30$ which is also a Fib level and a big s/r area.
NEO -- Take a SIP to $18I am a budding FOREX/ CRYPTO trader, with much of my experience coming from trading CRYPTO markets since 2016. In my Full Trade Setups I provide the Market sentiment, Entry Strategies, Stop Loss and Target Points for the Category of trade I will be posting.
--- FULL TRADE INFO ----
Category : Short Term --- Spot Trade --- ALTCOIN-USD Pair.
Entry : Enter now. Good profit to loss ratio.
Target 1 : $17 (close 70% profit here as its a strong TD sequential ceiling))
Target 2 : $19 (close the trade)
stop loss : Surface of Cup
Market Sentiment : NEO is expanding its influence in US and recent posts show its future plans to work with CZ binance. Not liked by BTC maximalists, but you cant ignore the Chinese markets influence on Crypto.
--- END ---
Discussion : If BTC behaves next couple of hours, the cup and handle given the good volume should play out its target
Please hit the LIKE button for more such trades.
Do your own research. I only post trades I myself take. :) Enjoy.
NEO / U.S. DOLLAR (NEOUSD) DailyDates in the future with the highest probability for price direction reversals
