NEOUSDT long ideaPrice is getting reaction from both from rising support and flat resistance area ( at 48.xx levels). seems it will brake above the resistance and will move to the next resistance area 53.xx usd level. if we pass 53.xx level and stay over it, 100usd or more will come easily. So we can see parabolic rising over 53-54 usd
NEOUSDT trade ideas
Neo(NEO) | Trading PlanHello, everyone!
OVERVIEW
Neo is the new blockchain ecosystem. It's aim is to become the foundation for the new Internet generation in the era of the digital economy. The main advantage of Neo blockchain is the permanent development of the system to eliminate the sharp demand increase and allows to perform quick transactions.
FUNDAMENTAL ANALYSIS
Product 8/10
Neo is the new blockchain, which was founded in 2014. It have been developing all this time and demonstrated new product solutions. I am sure that this project is not the scam and has nice fundamentals to skyrocket.
Tokenomics 8/10
Neo has the maximum supply and the circulating supply 71% of total amount of tokens. There are no supply shocks anticipated.
Partnerships 8/10
The project has the solid industry partners which can be even more important than partners from cryptoworld.
Exchanges 10/10
Neo token was listed on almost all major cryptoexchanges.
Market Information 5/10
The fact that the Neo made 637x for early investors scares me, but this all time low was more than 5 years ago. I suppose that early investors have already took the profit and the current price is not overvalued.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
NEOUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market
target: 52 - 56 - 60
after first target reached move ur stop to breakeven
stop: ~40(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
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NEOUSDT Technical Analysis
⏳ Spot
💎 NEOUSDT after breaking above the falling wedge, it has been moving along the ascending channel. I expect that it breaks below the channel and at around $40 it gets rejected and then we will see a Bullish move again.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 40.00
☕️ TP1 46.00
🍺 TP2 50.00
🍻 TP3 55.00
🍾 TP4 62.00
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 37.00
Good Luck 🎲
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NEOUSDT SHORT POSITIONNEOUSDT experiencing Bullish pressure hence according to H4 downtrend, 50% level of Fibonacci on chart and resistance level on 46 we have Short position potential with following TP/SL:
TP: 38
SL: 46
THE STRATEGY IS SO EASY AND POWERFUL
****Don't forget about money management****
****Avoid From FOMO****
Wish you Profit and success
Will NEO repeat itself pattern? when and where?#NEO is one of the currencies from which I made a threefold profit in the previous BULL RUN alley. NEO has a very good foundation and the project is great.
You can wait for the pattern of two valleys and then wait until Hussein and then decide. To keep your profits or keep this currency.
My favorites:
36.7
31.39
27.41
Keep an eye on NEO - could reverse to the upside soon!Here's a quick Update on NEO 6 hr chart. As we can see, the price has been forming a bigger falling wedge and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 44.3$
2. 53$
3. 57$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
🔥 NEO Long-Term Trend Line ReversalThis trend line has been formed during the COVID crash over a year ago. Since then, it has caused a strong reversal a couple of times.
Now that the market is edging bearish, it might be the case that NEO will be moving towards this trend line. In case it will, keep an eye out for a reversal around this area.
Reversal target placed at $65, which is the most recent local top.
Happy trading!
NEOUSDT signalHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 42 and 43
after first target reached move ur stop to breakeven
stop: ~38.3 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(Looking for investors!).