To continue the short-term uptrend, needs to rise above 12.72...Hello?
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(NEOUSDT 1W Chart)
In order to continue the mid- to long-term upward trend, the price must be maintained by rising above the HA-High indicator.
So, I think it's time for an up and down wiggle for the HA-high indicator to fall.
(1D chart)
Rising above 11.66, I think it is coming out of the bottom.
The question is whether you can make the handle of the cup pattern in the current section and start climbing.
To continue the short-term uptrend, the price needs to rise above 12.72 to hold the price.
Therefore, it is important whether there is a move out of the 10.47-14.18 (up to 15.28) interval.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
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NEOUST trade ideas
NEO/USDT trading IdeaNeo Made a nice first top this year at about $ 15. Massive volume came in just a few days before the news came out that HongKong wants to legalize crypto and wants to become the biggest crypto hub from the world. After a 40% ABC correction we started a new 5 wave impulse. A nice 1st leg up, a pretty short 2nd retrace wave and now we are in wave 3 that could bring us to about $20. From this this price $13,12 we could to 50-60% in the short term. For breakout traders they could wait if it break resistance at $14,41 and buy after that.
40-120% possible in coming weeks!
NEO are you still alive?the chart says I am going to ATH at least!
I've forgotten about NEO since Jan 2018
is it still alive?
however, you shouldn't underestimate the hype of the trend.
in 2021 everyone missed doge no one believed it would go to 90B marketcap!!!!
so, everything is possible.
good luck.
RLinda ! NEOUSDT-> The bulls are breaking through NEOUSDT opens the potential for a move up to 20.00, a global medium-term target. Consolidation before the breakout works great and we see a breakout pattern
The price passes a strong resistance and now the coin is already in the long zone. On the background of fundamental factors bitcoin pulls up almost the entire cryptocurrency market, I think that the trend in the medium term will continue.
I expect the price to fix above the level of 8.44 and above the previously broken border of the descending wedge to continue growth. Short-term target - resistance 10.13, medium-term target - 12.65
Regards, R.Linda!
🔥 NEO Perfect Fibonacci Bounce: Gains Coming?NEO was one of the bigger winners last week, but this week has been quite dramatic. However, NEO found strong support at the 0.618 Fibonacci retracement.
The 0.618 is often a strong area of support, especially for good performing assets.
I'm looking at the yellow areas for potential short-term targets.
If BTC will remains stable (or go bullish), NEO might even make a new local high next week.
NEO have second breathThe uptrend remains on the instrument.Trading volumes are increased, which is perfectly visible on the chart.After the pump, the price made a move to the bottom, after which it returned to the vicinity of the level, which indicates the strength of the buyer.The instrument is in the top of growth, which also shows the probability of the development of a long scenario.The price is consolidating in the vicinity of the level on increased volumes, I expect a smooth approach, proto-trading and impulse movement in the long.
THE START OF NEOSince the AI hype, there seems to be a trend to start, the Chinese altcoins seem to increase since the last trends in Hongkong where companies are able to order crypto.
NEO is one of the coins that are increasing, and we're expecting that the trend can keep going coming time.
WE will follow this coin to see if it can confirm the coming time in the 22-29 USD zone.
ALGORITHMIC MODEL NEO 2023 $120ALGORITHMIC MODEL FOR NEO 2023 with price action prediction.
NEO seems to get into a new green view since days ago on the algorithmic trading side.
There is a high chance NEO will keep the volume with the days up to break out to the important level of $20, further to the R line of $29.
For the year 2023, we expect that NEO can target the $120 USD on more reasons behind the algorithmic trading.
Based on further analysis using algorithmic trading, we predict that NEO could reach a value of $120 USD in 2023.
This is not a day trading view and not based on the current price, but a target prediction for 2023
know that there is no guarantee at trading, manage always your risk.
The info shows a basic chart view where the algorithmic already added before on the chart with more factors and study views.
So let's see if this year can bring NEO to a $120 USD price action, and to be exactly depending on algorithm trading it shows a price action of $123
CAN CHINA BRING NEO TO 100 USD = YESNEO used to be a stable coin for a while, but recent trends in China suggest that it is gradually making a comeback. We will have to wait and see if NEO starts showing similar trends as Aptos did in the past, as the data seems to suggest.
It's difficult to predict the future price of NEO, but based on technical analysis of its volume and trend, there is a chance that China could give NEO a boost, potentially resulting in a price above $100 USD. However, for this to happen, NEO needs to break through the important $29 USD price point in the coming time.
Currently, data indicates that NEO is an interesting coin, with high volume. Given that NEO has always been an important coin in China, we can expect that China may be able to break out in the short term.
Most users that did buy NEO historically are from china.
There is a structure by HK that allow china companies to buy crypto
NEO price started to rise late, do you believe it will continue?At the end of the current growth wave, wake up another "ether killer" from China, NEO
But something went wrong. After setting a high near $198 in 2018 based on "loud statements and promises," NEOUSDT price has not been able to update it for 5 years.
Now, the NEOUSD price has hit the bottom of the strong liquidity zone of $15-20 , which, in our opinion, will be very difficult to pass the first time up.
A correction to the $9-10 range looks more likely in order to gain more strength there for a break-up $20 and continue to move up, at least to $37
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Neo Looks Promising Here Formed Falling Wedge In Daily Timeframe ( Bulish Pattern )
printed Massive Bulish Divergence as well (Indicating Reversal)
Incase Of breakout Expecting Massive Bounce
(Note) Always Wait For Breakout To Be Confirmed Neo Will Remain Bearish Till Upside Brreakout
Entry Will Be Invaliodated If Wedge Brokes To The Downside
NEOUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Target: 8 - 10 - 12
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
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.
NEO coin formed bullish Cypher for upto 23% pumpHi dear friends, hope you are well and welcome to the new trade setup of NEO coin with US Dollar pair.
Previously we caught a very PUMP of NEO as below:
Now on a daily time frame, NEO has formed a bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
LONG SETUP FOR NEOHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the NEO symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
NEOUSDT is testing the supply area inside a rising wedgeNEOUSDT is a digital asset that recently formed a Double Bottom pattern near the $6 area, and it caused a breakout from a downward trend in its price movement.
A Descending Channel is a technical analysis pattern in which the price of an asset moves between two downward-sloping trend lines, creating a series of lower highs and lower lows.
Currently, the price of NEOUSDT is testing a resistance level near $8.5, where the market is forming a Rising Wedge pattern on the 4-hour time frame.
A Rising Wedge is a bearish chart pattern that forms when two upward-sloping trend lines are converging, signaling a potential price decrease as the momentum of the asset's rise weakens.
This breakout would trigger a new retracement, or a temporary reversal in the trend of the asset's price, according to the rules being followed. The market will closely monitor the price action at the support level for a potential breakout, which could potentially lead to further price decreases, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐