Hello Lads and Ladies, This is the more extensive analysis of this day. We will be looking into NEOBTC and see what possibilities we have. The price right now is extremely good and if the market doesn't bleed again, we will see a bounce. The question here is How big will the bounce be and when will we see it? Alright, first let us take a look at the chart and...
i see Neo Dropping Down a little more to towards $35-40 range before it starts another bull run
If BTC maintains above $7500, I feel it's time for NEO to move back to 0.008. Divergences on the daily. Ichimoku and moving averages do not look good. Choosing to ignore these in light of recent price action, divergences and a double bottom on the weekly. Targets: 0.0079, 0.00821, 0.00841, 0.00881, 0.0091
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One of the last big names in crypto world that didnt have a bull run yet in this last month bullish sentiment. Major buy opportunity at green box if the price dips at that area.
NEO gave a green 2 according to Tom Demark count on the weekly chart. This is a clear long signal for a long term trade. We can have up to 7 weeks of uptrend according to Tom Demark. Stoch RSI is oversold which also confirms the possible bull trend. On the daily chart it is green 4 with a overbought Stoch RSI. This means short term retracements are possible. I...
After the end of the C-wave rise cycle at the level of 0.015, the NEOBTC is in the upward trend corrective cycle, which has now taken the shape of a complex correction WXYXZ. The price is approaching the 50% Fibo level of the previous swing up, which is right in the middle of the demand zone between 0.0076 - 0.0090. If the correction cycle is over, then in this...
Trading suggestion: There is possibility of temporary retracement to suggested support zone (0.00962 to 0.00815), if so, traders can set orders based on Daily-Trading-Opportunities (Priace Action) and expect to reach short-term targets. .Beginning of entry zone (0.00962) .Ending of entry zone (0.00815) Take Profit: TP1= @ 0.0123 TP2= @ 0.0144 TP3= @ Free ...