Expected that NEO would pop up to the POC, but thought we'd see a drop first. It is now at the upper fixed range POC and oversold on the stochastic and RSI. I'm not sure I feel confident to short it, but looks like we should see it drop to bottom of TR.
Simple idea. Note that I didn't keep the timing of the market in mind. This can develop over a longer time frame.
A wick below the uptrend to the lower 20s is still possible in order to provide liquidity. As long as it's a wick and the daily closes above the uptrend, this idea stays valid.
💎Technical Analysis Summary💎
-The $25 dollar area is the potential buying interest for long-term investors
-This zone has been respected multiple times since September 2017
-If NEO will form any reversal pattern like Double Bottom or Tripple bottom
-Our weekly bias increases right here and the chances to retest the $100 increases
-This is a long shot...
We lost sight of NEOUSDT, it turns out that the last time we published the idea was 2.5 months ago.
But the previous idea worked very well , exceeding our goals. A maximum of $141
And then there was a fall, clearly on levels, look at the preliminary idea, and...
Hello Traders Investors And Community,
Welcome to this analysis about NEOUSD, looking at the 4-hour timeframe perspectives. As the cryptocurrency market divergence increases more there are coins forming formation with a rather bullish edge, coins that have a more neutral structure and coins that have a high-possibility bearish development structure. With NEOUSD...
check related idea down below , we bought neo at 22$
it reached our second target with 250% profit , i think that we may have a correction wich wont be bearish
if i dont see any bearish signs in market ill add more neo if correction happens
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(NEOUSD 1W Chart)
If the price maintains above the 23.66260578-37.84723159 range, we expect the uptrend to continue.
It is important to climb...