NEOUSDT looks very similar to BCHUSDT chart. Actually many dino coins from 2017 looks like this.
As the bear market continues , the price can't break the downsloping resistance and it remains in the downtrend. We can see that the price created a deviation but right after that it came back down below the downsloping resistance trendline.
We expect a huge dump...
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...
On the daily chart we can see a massive falling wedge - bullish reversal pattern!
Also we have a second local blue falling wedge, so the probability of a successful trade is higher.
If we take a look at the RSI indicator we can spot a bullish divergence with higher lows, definitely another positive sign.
Regarding my analysis of Elliott waves, the major...
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.
This chart is related to my other NEO/USD idea which shows a potential breakout from a multi year Cup & Handle pattern Q3 onwards. Interestingly, the NEO/BTC chart is forming an Adam & Eve double bottom reversal pattern, which, if succeeds matches up with the breakout of the NEO/USD idea. Above resistance confirmation of A&E. Here would be a good idea to long...
NEO seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 33 and even higher.
ENTRY : local high @ 23.8
STOPLOSS (SL) : local low @ 21.8
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 33.3
REWARD RISK RATIO (RRR) : 5
INVALIDATION : when SL level hit
Today I will show you my idea about NEOBTC& NEOUSDT
NEOBTC is now having a Gann trend support and it is really important that NEOBTC stays above this resistance or we might go back to old prices, if new could stay above this support (2 daily close)
we might go to 0.000577 then 0.000599 and last target is 0.000682
If this scenario happened this...