NEO has just ended the motive wave B in an ABC-correction and is entering the wave C. Time to take profits (for short term traders). I expect the end of the wave above the supportlevel 73$ (fib retracement 23.6%) but below the last turning point from w A to w B. The new downtrend is confirmed by the indicators. RSI has crossed the ascending trend line, DI+ has...
I made a previous prediction. It's now materializing... It will hit the 50's range. Here is my prediction :
Reversal type of Bearish Divergence on NEO (long term ; 2 weeks candles) We will end up around $50...
NEO is witnessing Free Fall from failure to break 142, can it continue downwards ? Looks like yes. Check the potential Support Zones and forward path
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...
3 Bearish Divergences will bring us to different levels with NEO 1 : $90 2nd : $70 3rd : $50 Calculated with the MACD (in Pink below price)
SORRY GUYS If NEO doesn't make a new high, its going to seriously suffer.... 1st target : 80's 2nd : 60's 3rd : yep... 40's... If NEO doesn't make a new high a divergence will be triggered that will bring it to 80's then there is a Second one and a third one.. Bearish Divergences.. It will ultimately bring it down to the 40's range.
Previous ideas about NEO of people try to explain on a downtrend would fail on any side on any coin. NEO broke 3 downtrend line and now trying to break horizontal resistance line 0.0145. Usually after breakout, price retesting previous resistance as a support level. Estimated target on Chart. People talking a lot but it and fallow the pattern trend on all over the...
Hidden Bearish Divergence on Neo From $150 to $130 Next Target : $112 around the 28 January (max)
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...
Hidden Bearish Divergence on NEO 131 - 118 = 14 118 - 14 = 104 Confirmation with the cross over of the Stoch. Target price $105
No worries here... Correction then confirmed move .. Plenty of time to watch and get in before final blastoff..