After crossing a important downtrend line, form an reverted head and shoulders and does a pullback the neck line. Neo is in a excellent buy zone and excellent target.
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Spotted broadening wedge with price bounced from the bottom level of the wedge, with a major wave cycle completed.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to our risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
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The coin has been gradually moving upwards for a number of recent days. Several important resistances were broken and flipped into supports.
I can see a huge demand, bulls are much stronger than bears. Moreover, there is a hidden bullish divergence on the 4H chart which can push the price upwards locally.
Targets on the chart mentioned for long-term holding,...
It is worth paying attention to the NEO coin, the price of which completed the correction within the 4 waves.
We recommend buying a cryptocurrency pair in order to take profits above the level of 0.002.
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i published NEOBTC update in Oct 2019 and almost predicted the exact bottom
as of now NEO prices have grown by more than 90%
already my given two targets have been completed and now NEO is looking to aim for the 3rd and 4th...
NEO (NEOBTC) started to grow in late October 2019 after hitting a low in September. It managed to gain strong momentum and break above all major resistance levels in the form of EMAs, peaking just shy of hitting EMA300 (gray line).
After a strong bullish move, a retrace follows... and for NEOBTC prices remained really strong and quickly moved back above EMA200...
Welcome to another update, today’s chart will be on NEOBTC, currently trading range bound where a break bullish will put emphasis on a clear higher high and a probable trend change.
Points to consider,
- Range bound trading
- .50 Fibonacci level – strong support
- Structural resistance being tested
- Stochastics in upper regions
NEO (NEOBTC) has a super bullish chart and is now moving above EMA200 (bold orange line)... This can lead to so much more growth.
On the chart above, we can see that the bulls are now in control with big volume coming in.
The MACD is really strong and allows for plenty of additional growth.
The RSI is also strong now reaching what we call "overbought"... It...
Welcome fellow tradingviewers,
NEO/BTC is showing some real vital signs. With the mini-Altseason we have had the last couple of weeks NEO has been holding back. But now it might just be time to shine!
- We saw a beautiful bullish engulfing candle back in October, indicating more upside.
- The months after october have been slow indicating more...