Look like NEO is forming ascending triangle on the 30 minutes chart and it's usually bullish in upwards trending markets. The volume is declining, that means probably a breakout is coming. The target calculated by taking the height of the triangle, at its thickest point, and adding that to the breakout point. So the target is 21$. This target meets with previous...
NEOUSD has strong fundamentals behind it as a top coin with very good applications and a strong user base. From December 2018 to May 2019 it moved in an ascending price channel, only briefly surpassed during a BTCUSD pump in the first days of April 2019. This uptrend finally put the Ichimoku cloud into a bullish position, showing signs that the previous downtrend...
According to my previous analysis, the exchange rate is moving. I have no reason to change. But what I see is a target price. The exchange rate passed through the 16.99 usd, which was the primary target price. Therefore, I am now looking forward to a further rise from this level, which can now be present as a correction level. Target price 24,03USD.
Alts are waking up and NEO is showing one of the first signs of life. Will history repeat itself and take us back to 2017 mania? Time will tell
Pattern: Channel Up on 1W. Signal: Bullish as the price made a new bounce on the MA50. Target: 18.00 on this bullish leg, 22.00 on the next one.
As you can see from the chart, NEO is respecting the channel very well We're above 20,50,100,200 EMAs and they're acting like a very good support NEO Looks very bullish in short, mid and long term atm
Maybe NEO need break this "validation level" to validate this count. After break and finish 5th wave we will see deep correction.
Bull Setup for Neo, but as ever, it all depends on BTC next move.
NEO is still trying to pierce through the resistance zone wich was the target on my last chart. Even the thought the target was reached twice it rejected weekly candles on both of those times. NEO is now trying to pierce through for the third time but seem's to be undecided. I'm sure it will broke it but we might see NEO dip one lat time to the red zone wich was...
Neo rebounded several times from $ 11, the appearance of a hammer allowed to resume the upward movement. There is a chance that a small Elliot model will be formed, the first four waves are already there, the fifth should bring the price closer to $ 15. It should be noted that the bullish signal from Chop Zone begins to weaken, which is why the fifth wave can...
Thanks a lot for reading, enjoy your trading! :)
Technical analysis: . NEO/Dollar 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 support. . The RSI is at 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (11.1856 to 8.4295). if so, traders can set orders based on Price Action and...
Technical analysis: . NEO/Dollar 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 support. . The RSI is at 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (11.1856 to 8.4295). if so, traders can set orders based on Price Action and...
#neo is the biggest laggard among frontline coins. #neobtc is gearing up for a big move soon. Expecting #neousdt to post 112-264% gains in coming months.
Target 1 --> 15.62 Target 2 --> 17.82 Target 3 --> 19.98 Invalidation if it drops below 11.50