$NEO / #USD
Crossing over ~13.5$ (potential flip into support on the daily chart) w/ increasing volume..
UCTS bullish across all high timeframes (1D+)
Continuation should allow retest of the ~16.5$ as 1st target (~20%)
Here we have NEO Daily chart, where we see NEO broke above the descending resistance line (yellow) yesterday. For today if we see this line getting tested and hold then NEO could have nice move up towards 18$ and 21$ targets.
I will also be watching this green support line for bounces to...
. There is a possibility of temporary retracement to suggested support line (9.59874). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. NEOUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Is neo broken the long term downtrend line? We don't know yet, but the asset is an interesting forming accumulation pattern in long-term resistance. If we break up, the downward trend of this asset can change, so we must pay close attention to the NEOBTC
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Sandro and Gustavo.
Hello Viewers .
As we have seen some tremendous Breakouts from many of the coins in this Bull Market Phase. Neo is ready to generate its new cycle pretty soon as the chart depicts that the Price action has been supported by the 20 EMA, 50&100 Ma, and now testing the 200 MA as dynamic resistance/support.
If we see S/R flip on the 200MA and therefore penetrating...
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NEOUSD 4D: Resistance breakout 50% gains.(NEW)
NEO/USD was requested by my good friend GBU Professor Wally. I apologize I was not quick enough to respond to his Super Chat on Friday afternoon.
I quite like NEO in this area. On the Weekly Timeframe, we are consolidating following a downtrend and now a long period of sideways and volatile ranging. I identify the current formation as a Rectangle Bottom, which I...
🔞 This is a requested chart done for one of my supporters and simply highlights this current price action structure and how this could continue from this support range up to what is the next nearest resistance ranges to keep in mind. On the flip side if we head down much lower seeing anything lower than S2 would be very detrimental to the current bullish...
NEO macro chart shows a compression formation ready to break out to the upside, very similar to ETH.BTC.
How to trade this?
Maybe wait for it to break the main trend line resistance and\or the fib. level 0.382 level, before jumping in.
4 HRLY chart
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A few hours back crossover of Kijun (Red Line) and Tenken (Blue Line) which gave us a weak sell signal because the price was above the KUMO cloud and then price went into the KUMO cloud which means it is consolidating and another sign was shown when the crossover of cloud happened which has started Red cloud that also means the price is going...