Take a look at weekly chart. NEO found support at 0.002600 and started rising. Day chart – pay attention to volume pumping in on green candles. The growth is being actively supported. We are getting closer to descending trendline which comes all the way from 29th of April. Pretty massive trendline so it's breakout should be good as well. And now let’s...
Dramatic loss in the value of NEO has been caused by an array of negative external factors: -Chinese economic market weakness -Government intervention in crypto-currency regulation -Negative International trade relations (TRUMP) -Loss in value of BTCUSDT and the crypto-currency total market cap (also influenced by the factors described above) For those that...
This is just another follow up on two of my favorite assets NEO and GAS. All explained on the graph. The cheaper it gets the more I buy because the risk:return of these assets have now become colossal, especially GAS #teamgas. When the negative macroeconomic influences subside, the bear market ends and China progress further in their regulation of digital...
NEO like many alts following ETH pattern formed an expanding flat, a corrective pattern, implying that this is not the reversal but we have another leg down. Broke down successfully and retested the break out by forming a correction. Expect this to reach near $12 range.
Yesterday, when Bitcoin' starts to so some strength and volume upwards then the whole market shows some positive signs and so as NEO'. NEO' got a bounce from the minor trendline which started from 6. September and now the third bounce guide us upwards back above the $18 level. Currently, we have a breakout from the short-term downtrend trendline which was...
NEO fought the trend and still lost, next target is 205000 Satoshi on an old trend line.
This is a very interesting trade and a potential bottom that can be spotted on NEO. NEO had a steady downtrend that has been happening since December and this is the first time the downtrend on Daily chart has been broken. We are currently in a channel that is determening if the price will go up or down. That is why I'm placing my stop loss right below the...
We are bullish medium term on NEO as it's a very good investment coin with good project behind it. Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
NEO was rejected at the 0.382 Fib from his last down downtrend wich started early july. It also coincides with the Moving Average (25) and the 60 (bullish zone) on the RSI. The Stochastic RSI is also oversold since bearly three weeks, it also just made a downward crossover wich indicate it's about to correct. These are all very bearish signs when associated with...
It's enough for NEOBTC! After huge breakdown we will see correction up. Resistance line cross with fib 0.382 is first target.
5 day chart Screams BUY!
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 needs to break 340000 Satoshis and the coresponding trend line to show bullish sings. Even though it doesn't look bullish yet, I doubt that we will break below 230000 Satoshis. Further analysis in my german videos: youtu.be
NEOBTC POTENTIAL BUY WAIT FOR CONFIRM
Something is brewing with NEO. Volume is increasing and price action is forming a wedge.
NEOBTC did a pretty textbook 5 wave correction on important Fib levels. Total correction of 85% in terms of BTC and 95% in terms of USD. Blue line should now act as support and red line should be broken in the next week. Happy trading