#NEO Buy: 34.5$ Stop: 33.5$ Profit 1: 39$ Profit 2: 43$
NEO is in a long term bullish trend with apparent sideways channel consolidation in the last month. In the last 3.5 months there appears to have a bullish wedge type formation with a breakout already appearing on 11/15/2017 where a breakout at the apex pooping out to the upside. Look to buy if current support is violated at $34.30 and comes down around %15 to...
NEO Spike out of triangle consolidation recently, hitting a high of ~$48+ Currently, observed a temporary price retracement, potential support near Fib 61.8%, which is near $38.5-39.5 Target re-enter Long near the area. :)
We are in excellent position to buy some NEO. We touched the resist of the main short trend, and sitting on the fibonacci 0.618. Indicators staying in the over sold area and the Neo is ready to go back to the fibonacci 0.786. This move is totally fit to start to draw a perfect XABCD pattern. Target.: 40-41$ "Morpheus: There is a difference between knowing the...
Lots of announcements and news about NEO until the end of November. Here is my setup for this trade. Happy trading and all the best! P.S. I am not a professional trader.
I think BITTREX:NEOUSD will reach price range of USD 62-68 until the end of 2017 . The fundamentals are OK and the future is bright for NEO. It will surely be a very bumpy climb towards that price range! I am not professional trader by any means. But I try to learn from the best. Happy trading! And remember that the best way to get USD 1 000 000 is by...
Expecting two more waves up to the Mid $70 range
NEO is looking delightful on the 4 Hour. Nearing a bullish MACD cross, with potential for a breakout of the descending wedge trend over the next few days. I plan to accumulate in the orange zone, and possibly make some quick scalps in the pink zone, but I'm mostly looking for a major break of the 0.382 Fib level with a target at our most recent high of...
Please check the chart.
NEOUSD update: RSI confirms price reversal in 1H candles. The price did not hold earlier formed support at 38 level. Instead it dropped to a possible support zone formed by MA50 and it is giving an additional confirmation of the price wanting to move further up. Buy orders should set above 38 resistance level. Stop-loss should be set to newly formed support at...
Update on NEOUSD: Fundamentally we know there's coming something big from NEO and this might have huge impact towards the price. Anyways.. The price is on correction and forming a FLAG PATTERN which is a continuation pattern. The flag pattern is fulfilled when it breaks above of the top line and hits the target. Length of the pole is showing us the target where...
Neo had a nice run last week. I am looking for a potential second run up for NEO as it have broken the downtrend channel and holding support quite strong. What are your thoughts? Trade with care.
My Elliott wave idea can be found on this chart. Just a guess...
Breaking out of downtrend on the 1 hour chart. RSI looks good and was just added to Binance Exchange.
NEOUSD trying hard to break the 43.15 resistance level. It has been 3 attempts so far. The bullish flag could have enough force to try a 4th time.
Neo has broken out above yellow resistance line in the last few days, in anticipation of conferences regarding it in the coming weeks & other positive news. Expecting a retrace back near the breakout area before continuing up and the ideal rebound point would be the green line. Alternatively you could trade the breakout of the falling wedge which has begun forming.