Technical analysis: . NEO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . While the RSI downtrend is not broken, bearish wave in price would continue. . The price downtrend in the daily chart is broken, so the probability of the resumption...
There positive RSI divergence on 2 hours chart. stop loss level is under 2430 targets on the chart
We all know that the altcoin market is very oversold and it is only a question when the smart money gets in - if it didn´t already. Right now we can see a very good swing trade setup on Neo in pair with BTC (and USD as well). Neo is currently sitting on a huge support, so we are trying to get into the trade now or somewhere in the orange zone of liquidity pool....
NEO/BTC is showing bullish divergence on the 4-hour RSI and the 4-hour Stochastic. CMF is also on a support it has tested 3 times prior, so it could start turning upwards as well. NEO/BTC came down to retest it's previous bottom around 2370-2390, and formed a tweaser bottom reversal pattern on the 1-hour chart, so we could be set to see higher moves. Good...
BITTREX:NEOBTC Celebrated its second anniversary today, signifying two years of stable operations since its Mainnet launched. As well as many others BITTREX:NEOBTC is in good accumulation zone with 60%+ near Target .. I see it can drop more 15%-25% from current price . However , i advise to be patient and divide your investment starting from current...
NEO can make a cup and handle against BTC and still grow a little bit until they hit ichimoku cloud Stoch is near at overbought zone so we need to calm down a little bit and also the price will going down slowly,IF BULLS can manage this,we can see here a cup & handle and a breakout til 0.00256 Macd going to neutral zone Rsi bullish But,all depends on BTC and...
As Neo has exited it's trend, it's recovering from a bounce off of 2777 level.Enter Neo at 2978 upon confirmed entry close. Stop out a few sats below 2777. Nice safe trade for a good (5% safely) or 10-20% if you like a little more risk. Chose your target from the levels I've marked above.
in the coming days/weeks - good possibility to establish a high time frame bullish divergence based on RSI. Similar to the recent #ETH strategy I posted: 200-220k Sats region that I'd be interested in bidding at, which should be an area of continued high demand based on 2017 EOY demand level shown.
As Bitcoin', so as almost all the altcoins have made a breakout below the major counter-trendline which indicates bearishness and at the moment, NEO' is down 13 percent from the yesterday's crash and it trades below the mentioned trendline and below the support levels. It has broken all the important support levels and the only one what is left is an August low...
NEO / BTC Bullish Divergence on the 1D Chart and RSI. RSI has been making higher lows, and yet price has pushed sideways. I've also identified some historic support (blue) and resistance (red) levels to watch. The price has been ranging sideways for some time now. On top of that, an ABC correctional wave may have taken place, if you are familiar with Elliot Wave...
NEO and its other token GAS are very interesting projects, which had a lot of momentum but during this bear cycle, they have taken a beating. Gas, in particular, is way down to less than $6 USD from its ATH of $90. It seems to have leveled off and hit a bottom. I am entering pretty large into a position in GAS. My thoughts are that we are entering into a mini...
Price action is a bit boring over the past couple of weeks in this channel, though some high volume bursts could indicate accumulation (note this also happened in earlier areas which subsequently gave way to lower prices). However, the well defined channel and stop loss level paints a nice picture for triggering a trade targeting the top of the channel. Simple...