A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). ... Flag patterns signify trend reversals or breakouts after a period of consolidation.
NEO after breaking the double bottom at the top with the severe decline of Bitcoin for me not only Bitcoin is weak but altcoins are in the same weakness, here I nominate NEO as an Altcoin that is showing signs of weakness where a loss of $48-$50 could lead to another serious plunge that drags it down to the $20 region. In case you are not a leverage trader be...
hi, neo bullish. not financial advice im just a beginner (arrows kinda messed up, I just did this chart in like 6 minutes)
NEO to surge soon and target 66/74 levels, stops below 52.
Hello to you all. Mars Signals team wishes you high profits at all times. The price has been able to break its resistance line and is fluctuating. We have drawn a channel line for you that can move from any side of the price. We have identified the area of support and resistance for you. Warning: This is just a suggestion to you and we do not guarantee profits....
This is my personal opinion and observation. it is not financial advice.
We 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 $18 range I don't see this coin going back there ever, unless of course they fail. In the short term I see this retesting the trend line after a couple of up and down moves creating a triangle patter on the bigger picture. From there...
NEOUSDT - Intraday - We look to Buy a break of 64.4 (stop at 60.9) Posted a bullish Flag formation. A break of 64.0 is needed to confirm the outlook. Short term momentum is bullish. The bias is to break to the upside. We look for gains to be extended today. Our profit targets will be 74.8 and 78.8 Resistance: 64.0 / 72.0 / 75.0 Support: 58.0 / 52.0 / 47.0
NEO is having a recovery or even a new rally up to 70$, 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$. SL if...
Currently Neo closes the gap to the old support arounf 40$. 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...
"Gas" tokens are pumping today. ONG showing the best performance. Probably will come back to 2100 / 1800 where it will be the best buy. Pay attention to ONT as well. TFUEL can be picked at 660 / 620. Pay attention to THETA as well. GAS at 2600 / 2300. Pay attention to NEO as well.
Here 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 $280. Fundamentally NEO is a solid project with an upcoming major mainnet release.
Here is my NEO/USDT chart with weekly time frame, i think NEO has a nice future. The developers doing their job. You can check on coinmarketcal calendar for some news in the future, and you can read some info with NEO 3.0.
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Analysis: If we look at the chart of NEO its obvious that the 50DEMA act as a base (support) for the bullish trend on the daily chart. Right now the current price of NEO is trading above 25$/coin from the average. Right now the best decision that you can made is to wait until the price go down to meet with the average in order to place a low risk long position...
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