Weekly Looking at our trend timeframe we see price continuing to respect it’s downtrend, stochastic rsi showing momentum in favor of bears with no signs of reversal. Last time we were at this price we saw a run from 200000 up to 1300000, will price action repeat itself? Daily Shifting over to our pattern timeframe we see price has formed a triangle, do we...
Support has been confirmed now as seen in the Yellow boxes. A move up should follow, with a test target of 2842. At 2842 expect to see a pullback, and if 2842 wicks past we will gain the 2810 support. 2810 support is only confirmed once we wick past 2842.
Looking at NEO's weekly chart, huge hidden bullish divergence can be seen in NEO's price/MACD comparison! Not only that, but the MACD is showing a near bullish crossover as well. Weekly RSI is 34 which is the lowest it's been since its inception. All of these are buy signals for me. With NEO sitting a on strong support, the upside here is massive.
NEO is staying in a narrow sideways trading channel for a while. First, the downtrend is broken. Second, look at the volume for all that period and now the liquidity is very low and the volume dropped too, just like with BTC – IMO, no doubt that there will be the rise and it will be a huge one. It's just waiting for the bitcoin confident move upward. Not a...
Neo in Bullish Mode after long bearish trend already make a Widge now 70% chance to break this Widge trend line so we have to opportunity here for Long Trade Buy for Long term and make 2x to 3x in arriving days Also show a 33 Degree overbought trend closed please share comments and like subscribe thanks for join
Oof, look at that, has to pop, accumulation vol, if btc poops the bed we will hit stops
The cryptocurrency market is an amazing place. This is truly a place of opportunity for the common people. Here, you can participate regardless of your race or the place you were born, your age is of no importance and you have the opportunity to earn as much as you can/want. When an opportunity is gone, another one shows up, and if you miss NEO, there will be...
Neo looks to be forming support. Two broken trends and a descending triangle for support. Look for test of triangle break.
NEO continues to look weak after hitting highs of $20 a few ago but that is all forgotten now that we are staring at a possible $17 handle again. It has constantly found resistance at the EMAs and they finally did crossover, which saw a big spike down in price a few days ago following BTCs drop. It did break the demand zone, which has now turned into resistance...
BINANCE:NEOBTC 1. Target : 10000 Sats 2. Target: 8600 Sats 3. Target : 11000 Sats
NEO' has been respecting both triangle trendlines. Recently, it tried to break above the upper trendline which works as a resistance but can't manage to push through from there and the bottom trendline which is also the major counter-trendline (it works as a support) has been several attempts to break through but this level has held us pretty nicely. Currently,...
NEO had a very nice run higher after retesting the 61.8%FIB level BUT failed to make a higher high and starting to show signs of weakness. We are have currently bounced inside the demand zone near the FIB level but seem to be finding resistance at the EMAs. MACD continues to trend lower and signal line has crossed the midline while RSI is still trying to test...
NEOBTC : formed the pennant, waiting for the break downward.
NEO has started to show a pretty bullish price action, it has a breakout from the triangle upper trendline and currently, it attempts to do a breakout above the round number $20. NEO has left behind the EMA's plus 50 and 100 EMA's starts to make a golden gross which will indicate that the bull run may continue but currently we have to fight with the strong...
Neo is on the major counter trendline (short-term up-trendline) and if the BTC' finds the support from the current Fibonacci level at 62% then NEO' has a pretty good and safe platform to bounce upwards because the price structure forms the higher low! The first target would be around 5% where is the historically strong support and resistance area plus...
Neo bounced nicely off the 50%FIB level back on the breakdown from the channel and has since bounce off the demand zone and is trying to make its move back up to the supply zone around the 1.618%FIB at $19.50. There is a resistance spot around $19 before getting up to the supply zone but RSI looks like it could be coming down after getting near resistance. While...
Bulls need to hold 0,002 level and we are very, very close to that level. It's like last line/zone in the sand. Good thing is that we left downtrend channel but still lower levels possible. Anyway as long as we can hold 0,002 based on daily close rally at least towards 0,005/0,006 is on the card.