NEOUST trade ideas
Another bulish move just startedPrice drop from 141 USDT to 35, was a little bit tragic and I believe there is a lot of people who looking to the charts for finding their hope of another big bullish movement. But I ask of my self is there any corrective movement with just one wave? I prefer to answer to this question like this. Is there any impulsive wave without corrective wave? No. So the earliest price drop from 141 to 35 USDT is not finished. But the bottom of that Wave is a historic point and it will maybe never come back again. So the first phase of corrective wave is finished and the for the second phase, we can set up our strategy for going up at least to 61.8% of the first phase. So I mean another bullish move with a implusive wave is started and it will reaches at least about 100 USDT. Look at the chart.
If you are interested to this chart and its probable profitable opportunities, leave me a comment and in this way I will analyse it more for new updates. In the same way if you are confused with my analyse, please ask me to explain in other way.
Thanks for reading and attention.
Best regards.
BINANCE:NEOUSDT
NEO/USD - 93% setupHello, Traders!
NEO is out of the active trading range of $40.00 - $54.80. At the moment there is a retest of the downtrend.
The analysis of the cumulative delta shows the presence of interest of buyers.
Buy entry can be looked for in the range of $51.00 - $56.00
Stop-loss can be placed under $42.00
Downside correction targets
$76,00
$88,00
$106,00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered a financial advice
NEOUSDT - Short - Potential 10.81%NEOUSDT - Short - Potential 10.81%
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (1X)
Entry Zone:
62.677 - 65.774
Take-Profit Targets:
1) 59.808
2) 56.283
Stop Targets:
1) 68.485
Trailing Configuration:
Entry: Percentage (0.0%)
Newest View for NEOWe still have NEO 3.0 on the verge, but obviously we broke some critical support recently. Given that we spent years in the $6 to $18 range I don't see this coin going back there ever, unless of course they fail. In the short term I see this retesting the trend line after a couple of up and down moves creating a triangle patter on the bigger picture. From there we will need to assess if that breaks down or up.
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NEO Buy a break setup.NEOUSDT - Intraday - We look to Buy a break of 64.4 (stop at 60.9)
Posted a bullish Flag formation.
A break of 64.0 is needed to confirm the outlook.
Short term momentum is bullish.
The bias is to break to the upside.
We look for gains to be extended today.
Our profit targets will be 74.8 and 78.8
Resistance: 64.0 / 72.0 / 75.0
Support: 58.0 / 52.0 / 47.0
NEOUSDT longRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck!
NEOUSDT neutralRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck!
NEOUSDT neutral Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck!
NEO dump????Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
🆓Neo (NEO) May-26 #NEO $NEONEO is having a recovery or even a new rally up to 70$, 90$ and 140$ after a big dump from 140$ to 35$ zone. But just in case NEO can stand stable above 50$ zone
📈BUY
-Buy: 53.5-56.5$
-Buy: 48.5-51.5$. SL if B
📉SELL
-Sell: 68-72$. SL if A
-Sell: 88-92$. SL if A
-Sell: 137-143$. SL if A
♻️BACK-UP
-Sell: 48.5-51.5$ if B. SL if A
-Buy: 29-31$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
its good price for buyI bought neo in the 38.4$ to reach the first target of 61$. I think it's a good support line and it can support at this price.
NEO/USDT Update: Closing the gap to old supportCurrently Neo closes the gap to the old support arounf 40$.
We still did not see new ATH which lies around 180$.
However, we stay optimistic for this year to reach new ATH after the dust settles from this current pullback.
We broke out of the upwards channel and try to get back in again.
The volume over 2021 is high which indicates demand.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Neo 29 dollar coming if this pattern breakdownCup and handle forming if it breakdown 28 dollar on the way
NEO Potential Profit Target $250 to $280 if Break UPHere I've plotted 3 fib extensions. The first two are from completed impulses up and the third is a profit target. If we hit the 1.608 and/or the 2.0 level again, take profit is between $250 and $280.
Fundamentally NEO is a solid project with an upcoming major mainnet release.
