not a financial advice!
in my opinion, neo was complete bullish pennant and its goal's on chart so if we can see W or triple deep formation on the chart that show us neo would be bullish. also my targets are
TP 3 68-70
R1 is almost broken up and candles closed above this line. so it's a good sign of a better upward momentum.
R2 is a very powerful resistance, btw it's almost far and there's no need to discuss it.
A: Lead span A is downward right now and for better reliability, we prefer to see an upward slope of this line.
B: Lagging span is above the cloud and price chart and...
Broke down the rising wedge:
On the 4-hour chart, the price action of NEO coin was moving in a rising wedge pattern and as it is a bearish reversal pattern, therefore, the price action eventually broke down the support of this rising wedge but so far did not hit the bearish targets of this rising wedge pattern and moving...
Hi dear friends, hope you are well and welcome to the new update on NEO coin.
On the daily chart, the price action has formed a bullish BAT.
Buying and sell targets:
Buy between: 0.001259 to 0.001204 btc
Sell between: 0.001389 to 0.001585 btc
The maximum extent of buying zone can be used as stop loss,...
A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). ... Flag patterns signify trend reversals or breakouts after a period of consolidation.
The Trend Line Breakout technique helps you time your entry in a trending market. You can use a Trend Line to trail your stop loss and ride massive trends. If a Trend Line breaks, wait for the re-test and see if it holds. If it does, the market is likely to reverse in the opposite direction.
A broken trendline is a technical signal that can suggest a change in...
NEOUSDT - Intraday - We look to Buy a break of 64.4 (stop at 60.9)
Posted a bullish Flag formation.
A break of 64.0 is needed to confirm the outlook.
Short term momentum is bullish.
The bias is to break to the upside.
We look for gains to be extended today.
Our profit targets will be 74.8 and 78.8
Resistance: 64.0 / 72.0 / 75.0
Support: 58.0 / 52.0 / 47.0
As a Beginner learner, tries to share my opinion in order to verify it in the future to learn from my mistakes and to reward myself if I found that I was right.
If possible, follow me and correct my mistakes so that I can learn from you.
I am a new learner in the cryptocurrencies domaine, and my analysis are not investment advice to anyone, I just want to save...
My 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...
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...
Almost 2 months, since the publication of the previous idea, have not looked towards NEO
However, over the weekend, there was a notification that the NEOUSDT price reached the target from the previous idea, which means that we need to update our thoughts.
As can be seen...