Long-term downtrend break Top entry drawn red line Tp1: 93 Tp2:. 139 Stp:. 54
If this start rise it means. It is time to take profits!
We cleared 100, now I expect a small correction before resuming upwards heading to 200
$ 75 is now the support area and resistance at $ 128 allows the price to reach $ 128 directly. Case 2: Maybe $ 75 and will be tested in a few weeks. And fluctuate in the same range of $ 75 to $ 95 for a while.
Finally, NEO has gone parabolic. It has lagged way behind ETH and BTC during this bull run and still has 1x to reach its previous ATH. My guess is that won't take long now. See my previous charts below in which I called this a great mid term hold. My only regret is not buying more sooner! HAPPY trades, CD
This is a very simple observational chart! Neo is super strong at the moment, which is what I like to see! A simple resistance/support line drawn in (looking left), it is important where today's daily candle closes. (have used a 3day candle chart to show last run more clearly) If it closes below the line, I would expect this to become a resistance, consolidation...
keep in eye on Neo Neo didn't make his move yet buy and hold Neo .
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
Hello, It is currently a bullish trend line, but there is a possibility of correction because it seems that we have divergence. If a correction occurs, a correction of up to 0.5 FIB lines is possible. It is important to wait for confirmation, whether the last high price or trend line will be broken, breakout or correction.
NEO/USDT is on it's 5th impulse wave of Elliot wave principle which the expected price for the 5th wave is as much as the projected price movement target as well. Good luck...
As we can see, everything is going like itis AltRally. Neo has a lot of opportunities to go retest the highs of $194. But it seems like we have GIGANTIUS trend channel, and if it’s seeking to confirm that channel, we EASILY may see much higher prices, like something much higher then we ever expected of it. Prepair your seatbelts, we’re going to make beitiful...