What we are seeing here is a bounce off of the support. Historical pricing shows us that this is the 4th time we have done this and the last 3 times we bounced off support we hit $34.5/$41.5/$43.5.
I am entered into this position at $32, I am sharing this chart to share why I did so, and the reason why I believe the risk/reward is there.
1. If we break under...
we could see Neo follow all the other big players like ltc and eth o a run past ATH !! it has just finished a double bottom pattern and has broke sell order pressure at $40.
lets see where this goes in the next few days
Staying strong, price has held support very well, looking to see a breakout very soon, lots of good news today, and strong amount of bids showing up, will either see a quick dip back down and breakout, or a breakout from here. Good luck
Target: 0.003066
Stop-Loss: 0.0021
Neo looks like it is following a classic hype cycle and after its initial pump has returned to the area of high demand indicated by the yellow zone, evidence of an impending bull run. RSI and CMF also indicate that it could break out of its short-term resistance to the longer-term resistance line. After this break I do see Neo...
Price in NEOUSDT is moving with a sharp move to the upside heading towards the upper quartile of a downsloping median line set where previously we had numerous bounces to the downside. The quartile looks as solid resistance and selling in case of price reaching it, is our option.Sl and tp as shown in the chart.
All the best,
John
NEO has been building a great base of support, and a myriad of legal/governmental policies around the world--namely, China-- have been driving this currency into the forefront of "next-to-emerge" Cryptos that are traded against the USD and other Fiat currencies. Currently, NEO is sitting right on it's "steep" upper growth channel, but has potential to go either...
NEO is a great coin had the best gains in this year. It will be traded between $22 and $45. If you happen to catch NEO at around $22 hold it long term
Things should change next year once they move from mainland China and market themselves as Global company.
This plots the exact value of the current NEO market capital in real-time.
You can find this indicator in the public indicator library!
Search, "NEO".
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The price of NEO hit bottom of the channel twice and broke downtrend line which gives signal of price wanting to move further upwards. MACD supports upward movement. Buy target should be set above former support level at 38.5. If you are going to take this trade, it's important to remember to use stop-loss. Stop-loss should be set at 34 level. If the price does...
NEO GOING UP AGAIN WHEN ALL ALTCOIN GO DOWN .
Pending order you can buy when go up 35 . If it break the downtrends line it will upward movement.
Profit target : 40 - 46 - 50 - 60+
Stop order : 32
In the next days high profits are possible.
Time Plan :
November 30th, 2017:
Meetup San Francisco: The Future Of Blockchain With The Founders of NEO, Elastos, & Stellar
Source: www.meetup.com
December 4th, 2017:
NEO attending Blockchain World Conference in Bangkok:
Source: blockchainworldconferences.com
December 7th, 2017:
NEO meetup Singapore:
...
