NEOUSDT, We impacted to resistance zoneHello everybody
We hope that anyone took profit from the market and be happy in these of ranging price.
According to the chart as you can see we have resistance zone that the price impacted to it in more time and at this time we again impacted to it and now at this time we have reverse hammer and evening star but we need to see the close of this candle and if this candle will close in reverse hammer type with powerful body that makes that pattern we can take short position.
If you wanna use this analysis you can also use lower time frame to take trigger for entrance and have smaller stop loss.
Dont forget use stop loss and observe to capital management as you can see we put it but at first if you have any strategy for trading use it if you dont have you can use what we shown on chart .
Previous analysis :
If you have any question send us messages
Good Luck
Abtin
NEOUSDT trade ideas
NEO - Trend chart Hello trading friends,
This is an update for NEOUSDT depending on the last trends.
As the charts TA shows - NEO is still in the trending zone - what could mean if BTC stays positive that NEO could show some interesting price action.
out of the 23,60+ means a possible breakout trend for NEO.
At this moment it's still into the trend line and going with the main trend.
Have a great day.
NEOUSDT - Descending Channel PatternNEOUSDT (1D Chart) Technical analysis
NEOUSDT (1D Chart) Currently trading at $21.65
Buy level: Above $22.5 (Buy after breakout)
Stop loss: Below $18
Target 1: $25
Target 2: $30
Target 3: $36
Target 4: $45
Target 5: $60
Max Leverage 2x / Spot Market
Always keep Stop loss
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TRADE PLAN FOR NEO FOR PROFITSHello traders, NEO chart shows how history has repeated in the past and we can see how the same will repeat itself in the future. follow the chart and let it guide for mega profits. we can see a strong support and expect a break above the resistance zone soon.
Tradehubng
NEOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The red line was previously the support which is now broken. The price can be forming a H&S pattern which can promise the market to come back. If the price goes up to the first resistance zone and is rejected, it can fall down to the first support zone and then second if not supported.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
NEOUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 25 - 29 - 34
Stop: ~17 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
NEOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. R1 was previously the support line which is now broken and is turned into a resistance line. We expect the price to make a pullback to the confluence of the R1 and R2 resistance and fall even more.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
NEO - Reversal Wedge Breakout! 🚀NEO is showing us a nice reversal wedge. We're currently on the E wave approaching the 2021 Impulse Generation Level.
We may not get there - if we break early, watch for the descending wedge to breakout.
Trade Idea:
- Enter on break of descending wedge with stops below the lows
- If we make it down to the structure level, watch for bullish PA and then enter with stops below the lows
- Targeting the 66 level but will be taking positions off gradually
Goodluck!