NEOBTC
NEO / BTC very Cheap. First Target 500 dollarMy goals are always huge. But you can benefit from the small bite of Big goals.
BTC * Neo Price = 400 $
BTC * Neo Price = 500 $
Big Target = 910$
Every cheap good has a reason. When the cause is removed, cheapness disappears!.
Supply is the most important price factor in crypto currencies.
But the transaction volume is just as important.
Neo has 100 million supplies, 70 million supplies in use.
This indicates that the price should increase. With Neo 3.0,
smart contracts have been further accelerated. It imitates Ethereum.
But if you ask whether it will hold, of course yes. But Contract is Contract.
The statements of the parties are important. In addition,
staking systems and reward systems are actively continuing to attract investors.
I am sure that I will consider updating the potential of Neo to $ 800-900 in the future. It is not an Investment Advice.
NEO has Bullish Trading Setup LongtermHello,
NEO USDT has forming continuous bullish patterns, and not stopping here.
Currently bounced of the 0.5 Fibonnaci levels, and sitting over daily 20 moving average which is bullish sign technically.
the volume is quite good.
Fundamentals :
"RC2 testnet will be set up on May 18th."
To the moon :D
Cheers.
NEO looking hot with N3 in the horizonNot much to say on NEO really. Chart looks very clean, support has been reclaimed nicely, looking strong and healthy by moving up slowly and steadily and the big news is the N3 upgrade or essentially new mainnet is coming. This could get a lot of people behind NEO which could do extremely well. The target I have on the chart is just how I see it now but it could go much higher.
NEOBTC also had a massive collapse and completed its cycle, as it came back to where it was before its big pump in 2017
Luxury Trade💰One more trade for today, folks🔥
Symmetrical triangle formation on NEO/BTC crypto pair.
If you take a look at bigger frame you can see that price is in a slight bearish sentiment.
It could be a good signal for bears to trade.
However do not rush the trade and wait for clear signal.
According to Elliott Waves theory Wave D is done and now price is heading to Wave E.
So follow the chart and look for the breakout carefully.
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THE most undervalue right now . . cheap cheap...
Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later.
As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operate an EcoBoost initiative that’s designed to encourage people to build decentralized apps and smart contracts on its blockchain.
Neo uses Delegated Byzantine Fault Tolerance, and it’s estimated that the blockchain is capable of processing thousands of transactions per second.
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Coin
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Neo Price (NEO)
$103.04
4.92%
0.001846 BTC5.97%
0.04237 ETH14.82%
NEO BTC BULL RUN!As i mentioned in my previous idea i was expecting a breakout to the upside around 2359 area if we could breakout 1600 sat area.
You can check my previous idea from down below.
But from there, price bounced down because BTC having rough couple of days and of course it needed a price consolidation after such a huge run over a year!
If btc price doesnt drop to the 54500 usd area and close 1-2 candlestick on daily chart we can be optimistic about btc and other pairs.
Until then one should be carefull and watch out BTCUSD price action!
Btw right now i m expecting a retrace on BTC because we actually need it!
In the long term, im bullish on neobtc if crypto market doesnt go full bearish mode with btcusd pair breaout to the downside around 45k usd!
Be patient and watch out the market.
IMPORTANT AREA FOR NEOBTC!Neo does not seem to affected by yesterdays sell off and we are at a important price area between 1600 sat and 1530 sat!
Neo is in overbought area daily and volume is decreasing. But not going down a lot in market sell off is always good sign.
If we can hold couple candle stick in 4h chart between this area and volume start to rise i expect price to go much higher around 2359 sat.
Right now it is difficult to enter a trade because there is a clear indecision in all crpyto market assets.
Regardless im optimistic with neo in the long term. Because down trend ended couple months ago and bulls were nearly in full control for the last 2 weeks.
Be careful and have patience always!
NEOUSDTNow that most alt coins are recovering, we can open long positions on some of them.
NEO right here looks good for opening a long position. just wait for the confirmation, it has to close a 4H candle above the resistance area and then you're good to go. I've shown the TP areas on the chart and you can also see the support areas.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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