NEOUST trade ideas
NEO coin forming bullish Cypher for upto 19% pumpHi dear friends, hope you are well and welcome to the new trade setup of NEO coin with US Dollar pair.
Previously we caught almost 90% pump of NEO as below:
Now on a 2-hr time frame NEO is forming a bullish Cypher for the next 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.
Neo looks like its trying to form a bottom here with accumulation, if you squint you can see the inverse head and shoulders forming. could break and see all time lows easily but if it holds, sky is the limit for this new age blockchain.
thinks to note about neo, its already hard or impossible to buy in the US so the SEC hoopla shouldn't effect it much comparatively. besides liquidity issues should operate independently than the market to some degree
Will you invest on NEO?NEO is the old altcoin that have highest price almost $200 at the begining. in last time bull market this altcoin just can reach $160. Now the price is really bad, are you want to invest it?
I personally would invest on NEO when the price reach on the green box area around $4-$2.
will it be a shit coin? or would rising and create W breakout on the next FOMO cycle?
last bear market NEO looks gonna be 0, but is still alive and can reach $160 is so amazing, probably next year will make a new story.
FUD about binance and coinbase I hope can trigger price the lowest price as NEO can be, so I can accumulate more coin.
this is not a financial advice, do on your own research ^_^
🔥 NEO Looks Like Reversal: Double Bottom + Bullish DivergenceNEO is currently bouncing from a strong area of support, purple, whilst it also showed bullish divergence on the RSI.
Theoretically, this must be very bullish. With the stock market reversing and BTC seeming trading neutral, it might be time for alts to shine.
Looking for an entry around 9.21 and a stop below the most recent local low. Target at the May high.