NEO has reached an important uptrend that confirms the bear trend has reached an end
This can be concluded due to its previous bull rejections in the past along this green line
A large falling wedge formation can be also observed which adds emphasis to the bullish state
Hi dear friends, hope you are well and welcome to the new trade setup of NEO coin.
On a weekly time frame, NEO has formed a bullish butterfly pattern
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.
Hello Traders. I hope you are having a great weekend.
Today I am looking at NEO`s chart on daily timeframe and as you can see there is a descending line ahead of the price which should be
broken if the price wants to go higher. Best time to buy is when it breaks it with good volume then pullbacks to the yellow area with the target shown.
SL could be around...
Just a quick update because its the same pattern as with many other coins
We have formed some ugly wave 1 diagonal and now possibly retraced in three waves down to 0.886 levels
We hold here and no new low ($7.79): its gonna take off
Hold my beer pls
No financial advice, do your own research, don't be stupid
WE ARE FINALLY THERE!
NEO has fully completed the last part of the 5-3-5 corrective pattern (), sweeping the lows below the triangle and ending this big a$$ formation with an ending diagonal for accumulation.
While holding the past low around 7.70$ we are good to expect a nice wave 1 pump over the next couple of days and weeks.
Be sure to have fomo kick in...
NEO completes the declining phase, continuing to move within the framework of the downtrend. The price is testing the resistance level of $11.60
It is possible to assume a continuation of correction of descending movement to collect liquidity to the next resistance level of $16.20, after which the fall will continue.
The zone of interest for...