Price actions of 19th laargest cryptocurrency NEO with Bitcoin coin pair has formed bullish Cypher pattern and entered in bullish potential reversal zone.
Lets have a look on the NEO priceline's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.272 to 1.414 of A to X leg's...
Hello Lads and ladies, welcome back to TJs' Trade Corner!!!
Today we will be focusing on one of my favorite coin to trade.
NEO is a huge sleeper since months and it is about to end its bottoming process. Let's see what speaks for it and what against it.
First we take a look at the structure and we see that NEO has been going and trending down for a very long...
The monthly chart of neobtc looks pretty dangerous, if you're bullish on the NEO project.
Risk averse traders better stay out of NEO at the moment. If you look at weekly/daily levels, you'll see NEO is hanging on the cliff of at least 90% more downwards movements.
However, risk-loving traders might see this as an opportunity. A recovery of NEO might lead to...
You can see the Chart of NEOBTC on Weekly Timeframe .
It Seems Like correction period is almost End.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
You can see the Chart of NEOBTC on Daily Timeframe .
It Seems Like correction period is almost End.
Market Break the falling wedge pattern.
Now Moving in Sideway.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by...
You can see the Chart of NEOBTC on Daily Timeframe.
It Seems Like correction period is almost End.
Market Break the falling wedge pattern.
Now Moving in Sideway.
Right now We can see the 5 Resistance level and 2 Support Level.
1 Resistance level: 0.003295
2 Resistance level: 0.004627
3 Resistance level: 0.005602
4 Resistance level: 0.006632
5 Resistance...
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
NEO is in its descending channel and now it has made a falling wedge and is trying to get out of its descending channel. So with the weak bullish market we have especially with BTC we can expect some good gains from alts and we should focus on top alts which are solid project with a strong community which is ready to buy and push the price when there is bullish...
Hello Lads and Ladies,
Todays daily TA will be done as requested on NEOBTC. A coin that has been traded a lot and gained a lot of attention from many traders in the last few weeks. Since it hasn't started the engines yet, not many people are talking about it anymore but we will take a look into it and see what the next steps are for NEOBTC.
I chose the daily...
NEO forming a bearish rectangle on the 4H time frame against BTC. Coincides with previous horizontal support and resistance levels at around 0.0095 and 0.0101, as well as low overall volume. RSI has failed on a retest of the 0.5 level indicating a bearish trend. First target is historical resistance at 0.0088.
Price is also inside the Ichimoku Cloud on the 1D...
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
...
