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
NEOUST trade ideas
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!
NEOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We have the R1 line and the S1 line where the price is fluctuating between them. The price has hit the S1 line two times and is now fluctuating above it. We expect the price to fall down to the S1 line once more, receive support, and then go up. If you look closely, there is also an inverse H&S pattern formed in the price which signifies the price being able to move up at least to the R1 line. If the S1 line is broken, the S2 zone would be another good area to buy.
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
Strong potential for growth for NEO in upcoming weeksAlthough i dont usually trade alts, but the chart formation on NEO caught my eye, we have been in somewhat of a consolidation phase which is right at the verge of upward breakout. The chart is telling me that this coin can see new ATH very soon. Although im not much of a fundamental trader so i am not much familiar with the fundamentals of this alt coin, but the technical side of the coin is indicating lots of upcoming growth.
NeoSettin up big but we need to hold support above 26.60 if we can control this put overal target is 31.85. I’m currently making a YouTube video on this so find my channel in next 40 min I’ll post it. We do have potential bearish divergents on 4 hour but we can cancle this out if we contiue this move here. Target of cup and handle breakout is 29.36 which is previous resiatnce zone from the past that could give us some resiatnce. Supports at 25.23 and 25 that have to hold as support to contiue this bullish potential move which is also the neckline of the cup and handle breakout
LET'S TRY SMALL SCALP Keep an eye on NEO
STRONG chart and possible breakout
Worth buying some here and more if it drops to 20 usdt
Targets 30 - 33 - 40 usdt
Neo announces the release of the no-token Jiuquan chain as part of China's blockchain service network BSN OPB to support the legal issuance of NFTs in China.