NEO / USDT
🌟 TECHINCAL ANALYSIS🌟
according to elliott waves and my drawing
We now on 2nd impluse wave (yellow)
May be correction not ended yet
but once we started on wave 3 the pump will be crazy
This view for long term only
For entery (buying) must look at lower time trames
And see local bullish signs
Please have a plan before trading and...
Despite the BTC growth, sellers on the NEO chart feel pretty confident.
Fixing the price above $18.50 could trigger the growth to $20.16.
This is the level that sellers should start to strongly defend.
But so far this has not happened, and the entire crypto market is supposedly preparing for a correction. NEO may begin to fall in value too.
NEO has been turned down in the 21-22$ zone and NEO is heading to the 15-16$ zone. This is a good place to buy for a strong bull run later this year.
The 21-22$ zone is currently the most important resistance NEO needs to cross in order to continue its uptrend
-Buy: 15-16$, SL if B
-Buy more: 21-22$ if A, SL if B
-Sell: 33-34$, SL if...
Neo Made a faker break out above an important support level and did a bullish pivot. It is indicating that this coin is going to reach the next important resistance level on the dollar.
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We are back in impulse on NEO. We are going up, I am sure. FibGoals in green at 18.56, then 19.53, and 20.03. Pivot confirmed, invalidation is in red, folks. Not financial advice, per se. The market does not give a damn what I think. Good luck y'all!
As NEO it's one of my favorite crytpo to invest, I hold 100 NEO in my Quantury app by contracts.
This chart if from Bittrex exchange and we see that NEO it's startign the bull cycle right now. Wake up gusy, NEO is sleeping!!!
So, in mediuk term we will see a NEO above of $100 USD. It's the ebst opportunity to continue...
View on Crypto FLMBUSD (24 Nov 2020)
Crypto is pretty much a wild wild west, but there can be rewards too.
We think this DeFI protocol shall take off further and so will the price of it.
Follow at your own risk and it shall retest $0.3 or higher soon.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" ...
Neo is very likely to be rising tomorrow since it hit the knife 42.50 after hours. Price levels are marked! This chart is a 4 hour chart.
Do your own diligence always !
Shout out to LuxAlgo, TradingBear and ChrisMoody
So, in H1 timeframe. NEO forme a bullish pattern, but we can see continue drop in the price!!!
But, we will need to take a perspective that in the purple quarer that I mark, NEO touch the EMA 200 and in any moment NEO could to change the trend and we can to be cautelous when the price touch the EMA 200 and we can see a possible change o momentum of the trend....
A strong divergence has formed on H4 between the price and the RSI. In addition, the RSI is still close to the oversold level, which signals the possible completion of the downward movement.
On H1, the price has broken through the downtrend line, and now a correction is being formed.
We recommend buying NEOUSDT with a local correction on H1 with a stop loss at $ 13.7
Neo is bearish now. It broke down an important upward line and also confirmed an head and should formation. It seems that it will reach at least the next support zone. We would recommend to open short position if it does a pullback to the red zone.
On D1, the price touched the lower border of the ascending channel on a logarithmic scale. The RSI has almost reached an oversold level near the 50% Fibonacci level.
On H4, the price broke through the border of the descending channel upwards, and divergence was formed between the price and the RSI. Also, the first impulse movement towards the NEO price increase is...
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Just a follow up on one of my...