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NEONEONEO
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NEO

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NEOUSD trade ideas

NEOUSD | Classic Accumulation Structure Hey what's up everyone, I am taking a trade on NEOUSD. It has been showing signs of accumulation putting in higher lows and just got back above the inflection zone. Half of the major alt coins are showing an inverse head an shoulders locally where they made a lower low on Feb 24th than they did on Jan 24th and the other half like NEO and XTZ made a higher low on Feb 24th and are currently pivoting creating their 3rd consecutive higher low. That slight out performance is a pretty nice indication they could outperform on the way up if the trade plays out. The weekly chart on NEO is pretty insane looking, you can see the historical price action when this asset get above that inflection zone. It can make some pretty huge moves. There is also the daily hidden bullish divergence on both oscillators implying a continuation to the upside as well as standard weekly class A macd bullish divergence with the positive momentum starting to build on the weekly for the first time since May 2021. Targets are as followed, $36, $47, and $55 Much Love Just.IN BINANCE:NEOUSD
BINANCE:NEOUSDLong
by ThisJust_IN
NEO prices correct higher at $21.08 as bears interveneThe Neo price analysis reveals a bearish market after NEO prices closed yesterday’s trading chart at $19.60. Today, the market is trading sideways with a slight bearish bias as the bulls attempt to correct higher. The immediate resistance for NEO prices lies at $20 while support is present at $19.0.Neo prices are currently trading at $21.05, a correction on the upper side of the descending channel that has been in play for the past few days. The formation of a bearish candlestick pattern on the 4-hour chart suggests that NEO prices may retrace lower in the coming sessions.
BINANCE:NEOUSD
by henryartem
Most alts following 2019 BTC pumping to the .702/.618 Most alt coins following from the 2018 bullrun are following BTCs moves from back in 2019 pumping to the .702/.618 before going on to set new ATHs. Seems like a lot of the fud around Block.One for EOS and the SEC lawsuit for XRP has been priced into this bull run during 2021. If a coin is still below the .236 if you draw a fib from the 2017 bull run it's a really good buy this late into the bull run. Coins shown here BTC on the left box EOS on the top right box XRP in the middle right box NEO in the bottom right box This would indicate EOS is the strongest buy from a technical perspective.
BITFINEX:NEOUSDLong
by UnknownUnicorn26456470