This idea is the continuation of one I started at my old profile, ofbullsandbears. Here is the link if you would like to start from the beginning. All future updates and new ideas will be posted on this new profile. I hope you continue to extract value from my ideas. Thanks for reading! Alright, let's get down to it! On my last two comments I was looking...
NEO chart shows fib retracement at 0.0115 however I find it hard to believe it will crack below 0.0118 area. However anything is possible in this market. RSI on 4 hour candles stands below 30 which means its oversold. MACD shows signs of reversals. Targets are on chart. This is not an investment advice, always do your own research.
Traders, Here we have NEO/BTC on 4H chart. Direction is upwards limiting with this strong long channel waiting the moment of breaking any ledge to make new directional move. Regards, Mohsen
Here's what's about to go down, perfect reverse head and shoulders formation to start the 2nd smallest wave of this cycle. Buy zone is $92-$100.
Hidden Bullish Divergence on NEO that brings us to $116 Place a sell there..
Reversal type Divergence on NEO. Back to $98 (little pink star)
Signs of Reversal : Reversal Bullish Divergence on NEO +$15 on current price = Next target $100
Double Repo Fail Pattern, I intend to convert all my ETH to NEO (Holding NEO instead). EP : 0.13175 TP : 0.14025 SL : 0.12605 I have 100 ETH in my portfolio. I will buy at 0.13175. Then, I will receive 100/0.13175 = 759.0132827324478 NEO. I will sell when the price is 0.14025, I will receive 759.0132827324478 * 0.14025 = 106.4516129032258 ETH. I will gain 6.4516...
The pricing has bounced from MA 50 and RSI wave in the bottom give us an opportunity to have a strong bullish. Look at the chart, we can see a repeat model with 3 main zones: "Get ready", "Simple upward" and "Strong bullish". We can see the pricing hit a strong support zone right now, it's bouncing from 110-125 USD. For long term trading, it's cheappeast to buy...
NEOBTC - Cup with handle - it's possible! I expect rise. Waiting good new from Neo devs con 30-31th January twitter.com
Since almost touching $200, NEOUSD has seen three encounters of resistance at $160 at the 0.786 level. A breakout the 0.786 level when there is resistance often leads to a breakout to around 1.272 or 1.414 - this has happened to NEO several times in the past. NEOBTC its also encountering resistance at the peak NEOBTC level. Also sign of a potential breakout....
Lets take a look at the neo markets on 1 day candles to get an idea of what is happening. In my opinion NEOUSD is undergoing a very healthy correction, however it is important to note that we are currently in bearish trend, not really surprising considering the markets at the moment. We can see that NEOUSD found strong support around $100 where prices were...
NEO chart is self explanatory. Elliot wave is for reference of resistance areas. Events: 25 January 2018 - dApps Competition Opens 26 January 2018 - Blockchain Conference By 31 January 2018 - DevCon Conference This is not an investment advice, always do your own research.
Market is currently down due to BTC downtrend. NEO coin is currently on a discount :) Price should bounce on resistance line (12,000) and reach an all time high. There is also a possibility that bounce could occur on alternate resistance line at 11,000. Buy range: 11,000 - 12,000 Events: 17 January 2018 - Blockchain Revolution 25 January 2018 - dApps...
Follower's question: I am thinking of holding Neo for the night with a sell order at 155$ from a TA point of view, good idea or not? Short answer: Yes, this is a good idea. Long answer: I believe that NEO is a safe place to park your satoshis since we have many indications of NEO being in a sustained bullish trend...MACD, RSI, and TTM squeeze all confirm this,...
We had a succesful breakout of a Falling Wedge in NEO. Right now you want to start accumulating while prices are still cheap. Prices could fall back to the trend line of descending resistance but no need to panic sell. Will update with Target.
Altcoins are on the rise and NEO is a great candidate to skyrocket. It just broke up the bullish flag pattern from the past few days and is now heading towards a double top. Happy trades!
Neo is about to break the resistance, meaning it might perform a bullish flag pattern if the trend is strong. Once it passes the previous swing high, we can consider the move bullish and wait for patterns. NEOUSD has been rising significantly in the past few days, if it breaks its all time highs, we could see large volume pouring to the coin.