Neo Usdt targets
Sell : 95,105,130,150..........
Not a financial advise but these can be possible in current trend
Details are given in chart 📉
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Let me know in comments your thoughts about neo
The situation in the NEO market has reached a stalemate. During January, NEO buyers, together with the crypto market, confidently raised the price and tested the high in September 2020. During the price increase from $14.7 to $ 26.7 , buyers met resistance twice.
For the first time on January 6, buyers needed large volumes to break the $18.4 mark. If the...
The first 5 uptrend waves started at the level of 3.89, has ended at the range of 25.85.
The corrective wave of this trend was very complicated and in the form of Expanded Flat and Double Zigzag patterns, which is completed in the range of 12.21, that is equal to 0.618 Fibonacci ratio. Currently, by crossing the price from the range of 21.82 (the end of X wave)...
Nice setup for $NEOUSD in February
Overall, the bearish case looks weak with a few divergences that had already happened in the past few weeks on the way down.
The support build-up sits at EMA-50 and EMA-200.
Buy orders should be placed around the $10 mark with tight stop losses around $9.5 for both targets.
The first target...
NEO had a very nice run higher after retesting the 61.8%FIB level BUT failed to make a higher high and starting to show signs of weakness. We are have currently bounced inside the demand zone near the FIB level but seem to be finding resistance at the EMAs.
MACD continues to trend lower and signal line has crossed the midline while RSI is still trying to test...
NEOBTC did a pretty textbook 5 wave correction on important Fib levels. Total correction of 85% in terms of BTC and 95% in terms of USD.
Blue line should now act as support and red line should be broken in the next week.
Greetings everyone! Hope you're enjoying your Thursday so far!
Looking at the charts I'm seeing a possibility for us to revisit the area around 50-60, but we'll need to confirm this by breaking the resistance around 42. If we do fall I wouldn't expect a large drop, but I'd say it's going to follow whatever BTC does at this point so keep a stop-loss just in case....
I am predicting a retrace to the key .236 fib level, from there to continue NEO/USD clear downtrend to the key 49.00 S/R level where we may see some consolidation back up to the trend line.
Hello, and welcome to my first analysis on NEOBTC !
FYI: SKIP TO THE END IF YOU JUST WANT TO READ THE ANALYSIS...
First, for those who do not know, what is NEOBTC ?!?
NEO is often considered China's response to Ethereum, and is China's first ever open-source blockchain. Its platform facilitates the development of digital assets and smart contracts. The...
Neo is once again approaching the $100 level which I believe is a pretty strong support level, not that it has never been breached because it has. But it has also held several times when tested. If it fails again the next strong level of support I see is around the $75 level. If the $75 level also fails I could see NEO dropping to the $50 level, I would love to...
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
17 January 2018 - Blockchain Revolution
25 January 2018 - dApps...
NEO Looks like it could be in the process of forming a Head and Shoulders pattern, (30-minute time frame). I would suspect that we will know one way or the other in the next 3 - 6 hours.
Neo has had an incredible run the last couple of weeks, so it is possible it might be ready for a pullback. IMO there appears to be pretty good support throughout the $90 to $105...
We are forecasting an amazing buying point in new before it makes a run for the new ATH.
We did see a small upward spike during the hyped RED Pulse ICO, following which it heavily crashed more than 15-20%.
It's not advisable to have any open positions now and wait for it to be in the range (A), which will be the best buying opportunity.
Happy Trading :)
Another Symmetric triangle, last time it brokeout downside. 0.0068-69 acted as good support and decent bounce from that level. With the nice volume, would the price breakout upper side and hit the resistance of 0.0078 ?
As 0.0078 was broken easy, it may act as minor resistance. Lets see how it goes.
Have your sl please.