NEO | Huge Breakout Coming..!!#NEO (Update)
In daily timeframe, Consolidating in Symmetrical Triangle from longtime..!!
At the Moment, On the Verge of Breakout but Waiting for Strong Volume..
Huge Breakout Coming So Buy & Hold Some with Patience.
In case of Upside Breakout, Midterm targets would be : 66 - 92 - 120 - 150
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
NEO
NEOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has started to move up after hitting the support line and has broken its resistance line, which has now become a support line.
We have drawn a resistance line, if it stays above the support line, it can move towards our resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
MY NOT SO RENKO CHART FOR NEO$EOS (WITH INDICATORS)
11.01.21
1007H +8 SINGAPORE
THROWBACK THURSDAYS
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
THIS IS AN AREA OF OPPORTUNITY: A ZONE FOR AN ENTRY.
Dedicated to those who know the Rules of the RENKO and ICHIMOKU CLOUD.
I THIS IS A TRIAL ANALYSIS USING MY MINIMALIST ANALYSIS TO A RENKO
"FOLLOW THE WHITE RABBIT!"
Follow the TOPS and BOTTOMS of the BOXES.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS (ABC), Price Action, FIB LEVELS, Market Dynamics, and especially trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
Note:
Master your Trading Discipline
and Trader's Psychology
Vive Le Austist!
🧼NEO - forming C&H daily/weekly view--- 1D Chart ---
The price is getting squeezed inside of the formation and soon will be forced to make a move either way. It's currently below both 200EMA/MA. After a successful breakout--; so- claiming the upper trendline (daily dynamic resistance) and both moving averages we can expect further growth. The next levels of interest in case of another dump are 31.88, 25.43 and the lower trendline level (green)
--- 1W Chart ---
On the weekly chart we can clearly see a Cup & Handle pattern forming. The price is currently in a very "busy" area of many support and resistance levels and has just touched the dynamic weekly support.
There's a lot of long-term potential here, so if you desperately want to get into something but don't have better ideas, NEO could be an option 🤟🤟 (once this setup plays out)
NEO TREND REVERSAL? Dino Large Cap Mid Term IdeaI did pretty well on NEO after calling the macro trend line breakout that preceded it's final 110% rally during the previous bull cycle.
But, to be honest, it didn't really perform as well as I'd hoped. It didn't even come close to its previous ATH.
I'm not sure how bullish that is for NEO's long-term prospects, and, let's be honest, NEO is kind of a dinosaur. There are a lot of sexier new projects that are DeFi, Dex, or NFT related. I have a feeling NEO has kind of been forgotten...
But if you've been in crypto long enough, you know that the best time to buy is when nobody's talking about it.
But it's important to manage expectations. If anything, it's a blue-chip mid term hold you can buy and forget about until large cap alt szn hits, when you can take a decent (but not face melting) profit.
Neo N3 Update, First Target 200$N3 has many features, great economy structure + features like NeoFS (FileStorage), now NEO waiting for main net new, when it has published the first target is 200$
When we convert NEO/BTC ATH to the dollar now it is something like 380$, so 200$ might not be the highest price target
Not a financial advice
LTC, LONG termSometimes I'm shocked seeing sell ranges, but at the end of the day - it's just numbers... Imagine telling someone once Litecoin is at $3 that it will do over 100x within the next few months... You would be laughed at. Now look at the price from the beginning of 2017 - seeing possibility of c. $3k looks like a matter of time. To good to be true - let's see how this one plays out during this cycle.
NEOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price is fluctuating close to the resistance line. If it can not break the resistance line upwards and stabilize, it can fall to the support line.
But if the resistance line breaks and the trend stabilizes above it, we expect it to move to the second resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
NEO cup and handle#NEOUSDT
$NEO in daily time frame is trying to hold above a support zone, that is near a long term descending resistance too. a break above this resistance can help price reach $60 in short term, next resistance zone is around $79.
In weekly time frame we can see a big cup and handle pattern, which if price going to complete it we can see $155 and then $230 in long term.
Interesting observation - IOTA BTC, not so bullishOnce you are over invested, it is impossible to clearly see market condition - period.
Financial investing is simply psychological endeavour - period.
We are within the same range (red resistance and green support) since July 2019 - period.
Earlier pump of similar price movement resulted in a massive volume spike. This week isn't over yet, I doubt however we will see volume candle doubling in size over the next c. 18 hours.
Possibly recent information in regards to significant number of unhedged shorts on iotausd market added fuel to this short term squeeze - I'm curious to see what next week will bring to our crypto table. For now, since #iota pinned the top BB boundary I'm out, comfortably observing this interesting situation. I believe we are due for another retracement.