NEOUST trade ideas
🔥 NEO Bullish After Successful Re-testNEO has been one of the bigger surprises of the last couple of days. Where most coins struggle, NEO seems to shrug bearish sentiment off and continue the bullish trend. For now.
Assuming that BTC will not drop much further, I'm expecting NEO to continue to go up. Be patient and wait for BTC to consolidate before looking at NEO.
Long-term I'm still bearish on NEO as per my analysis below. Therefore my target is placed near the previous local top.
On the other hand, we might go for a re-test of the trend line in the coming days. Keep a close eye on BTC.
Happy trading!
🆓Neo (NEO) Feb-15 #NEO $NEO
The $20 zone is an important support area for NEO at the moment. Currently, the selling force of NEO has been reduced, so when NEO approaches the $20 zone, there is a high probability that there will be strong buying power to help NEO rise to the $32 zone in March.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 20$ zone
🔴Buy : 20
🔴Sell : 24 - 28 - 32
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 20$ zone
🔵Sell : 20
🔵Buy : 17 - 14
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
NEO Breaks Downtrend For Quick 55% & UpTo 145% Potential ProfitsWe are looking at NEO vs Tether (NEOUSDT).
We have a clear bottom pattern and a broken downtrend.
We also have a rising window on today's candle, which is indicative of bullish pressure.
Upwards momentum can easily build up.
We here have a short-term/easy target.
We are aiming at 55% to hit MA200 on the next jump.
Remember to LIKE & FOLLOW for more.
Thanks a lot for your continued support.
Namaste.
Small update: Neo not done yet with the pump?Small update:
NEO is finding resistance from the (orange) orderblock on the 4 hour chart. A slight correction to 20.30 USDT, before resuming its C wave uptrend to 21.80 - 22.50 is very possible. Claiming 21 USDT is key. RSI and Constance RSI Brown are not showing any signs of bearish divergence just yet. Price broke out above the ichimoku cloud. The Supertrend Ninja Clean (green vertical line) is indicating the trend is still bullish. If RSI breaks 70, more action is likely. NEO doesn't care what BTC wants today.
Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
NEOUSDT analysis updatewhen to buy
you can allocate
-20% of your portfolio to buy at $18.94 support level
-30% of your portfolio to buy when the candle opens and closes above the Downtrend line or over the $30.06 resistance line; whichever comes first,
50% of your portfolio to buy when you get two buy signals
when to sell:
-you can sell upto 25% of your portfolio at a resistance level to get some profit
-when you double your profit, you can sell half of your portfolio to get your initial investment back
-when you get two sell signal
NEOUSDT analysiswhen to buy
you can allocate
-20% of your portfolio to buy at $16.55 support level
-30% of your portfolio to buy when the candle opens and closes above the Downtrend line or over the $22.55 resistance line; whichever comes first,
50% of your portfolio to buy when you get two buy signals
when to sell:
-you can sell upto 25% of your portfolio at a resistance level to get some profit
-when you double your profit, you can sell half of your portfolio to get your initial investment back
-when you get two sell signal
Day trade - NEO showing Long trend zoneHello trading friends,
This is a day chart update for NEOUSDT.
Depending on the last trends NEO looks into the green trend since the known main breakdown trend of all coins.
The question is can we see NEO hitting back to the 20 USD trend?
Its important that NEO will stay above the 17 USD +, so we can hit the next target 20 USD +
This update made for the reason that the trend is green, about the target we should stay above 17 usd.
we will see coming time how the market will handle.
#Neo has an interesting trend.
Have a great day.
NEOUSDTneo has formed a wedge pattern in daily timeframe that can grow well in case of failure. I also did a time analysis using Ichimoku.
I have shown the shape of the price movement in a simple way. It may reach $ 140 with sharp fluctuations to reach the price
According to rsi, there is a divergence in the chart, which seems to be good. I do not use indicators much in general, unless I see good signs in them