NEO Next Target ATHWe cleared 100, now I expect a small correction before resuming upwards heading to 200
Trade ideas
NEO comes out of nowhere for its epic run!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 zone for a while.
If we close above, do we retest as support or just rocket through?
Elliot wave, I would say we are on the 3rd wave, so a 4th wave pullback, red candle would not be too unexpected.
Happy Trading
(not saying to buy or sell)
up 67% since entry posting all the time in the group nailing almost everything !
looks like shes got more to go
Neo buy opportunity Neo following uptrend channel and formed trend continues symmetrical triangle previous pattern target 120% so current target 120% 96usd
History repeat it self
Trail Stop Loss To Next Target 134.98 | NEOUSDNEOUSD Target 94.65 Achieved. Trail Stop Loss To Next Target 134.98
NEO 250% profit , updatecheck 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
NEO, Arise!Just a quick look at one of the other alts I've been following. NEO has underperformed a bit - somewhat similar to Litecoin, but it's pushing up against a major historical resistance level. This was the level that was tested on the first dump of the 2018 bear market. A lot of other alts from this period are retesting similar levels (including LTC). The following analysis can be expanded to other altcoins. But NEO is unique in the sense that it just upgraded and has significant funding/development/usage, compared with other projects that may be more highly valued within the market. The GAS token has also risen in price, which I think is bullish for the NEO network.
Here are some of my older NEO posts:
Calling $32-45 a little early
Breaking the bear market downtrend:
And here's an older one, but ended up being a bad call, in the short term.
What's happening with NEO now?
The weekly Moving Averages look extremely bullish, and they haven't even perfectly aligned yet. The 50 and the 100 still need to cross above the 200.
As for the daily, they are bullishly aligned. If the market decides to make a correction, it can retrace to the 100 day MA (yellow) and still remain bullish, as long as it doesn't break below. It's all the way down near $32.
In terms of targets, the next resistance is around $95, followed by all-time high. Let's see if it can get there!
NEO/BTC bounced from a very strong long term demand zone, and is now above the 200 day MA (teal). Because this is a long term higher-low, BTC ratio ATH is not out of the question, as absurd as it sounds.
On the weekly, it's also right up against the 100w MA (yellow) AND the 50w MA (red). If it breaks above these, it could signal the beginning of a big cycle against Bitcoin. On-balance volume has been on a steady incline for a while, showing some accumulation. This tells me there could be some hidden extreme bullishness for NEO.
I'm just posting this to see where this ends up. I'm speculating that many oder alts (like NEO, XRP, and LTC) can begin making some new all-time highs, propelled by a decline in Bitcoin dominance. You can read my recent posts to see why I think this might be the case. Of course, I might be wrong. I don't have any initial risk left on the table, so I feel comfortable waiting to see how this plays out.
This is not financial advice! I'm posting these for personal use and speculative fun.
-Victor Cobra
Neo Possible New ATHI see a clear pullback after new all time high, recovered to top after falling below uptrend. Possible new all time high
NEO bullish ascending triangle forming. Next stop $70.NEO has had an excellent ride on the back of ETH and BTC climbing to all time highs. NEO still has a lot of potential for its price (under $100), and not just because it is a contender to ETH, or because it has some unique tokens built on its infrastructure. This should get to $70 pending the flag break upwards.
NEO ChartA possible bull flag, I have been long on NEO. We might possibly see price discovery this year. I expect it to go at above 300 bucks, and I am very conservative. Let me know your thoughts on NEO.
NEOUSD Target Price 63.62Next Target is 63.62. Trail Stop Loss. Look for price action signal Inside Bar on the lower time frame to enter another position.
NEO looks cool😉Hello, my dear friends!
For me NEO looks like going up!
Wanna share with You not bad opportunity 😊
Happy trading 💋
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
$NEOUSD - Breakout from the triangleHi guys! 👋🏻
🔔 NEO USD made a breakout from the triangle and is following a parallel channel for now.
🔔 Neo will eventually close above the upper threshold of the ascending channel and continue upwards, the impulse is great, MACD looks bullish, great support by EMA50 and the N3 of NEO sounds promising.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
$NEOUSD is still early on a Wave 5 leg up! Let's go!NOT FINANCIAL ADVICE.
In this elliot wave analysis, $NEOUSD looks to be on a Wave 5 underway with a TP of $91.65 highs from its Mar 2020 lows.
With NEO Blockchain 3.0 genesis block around the corner, there is good momentum for this token.
$Neo #NEO - longNeo was founded 2014 and has grown into a first-class smart contract platform. It is backed by a global developer community who continue to drive the blockchain forward. Bullish continuation: Price needs to break overhead resistance in the 57.00 - 57.89 zone. After that there is no major resistance until 76.80. Bullish scenario is invalidated if price falls below 41.32. Please follow BradtNom, leave a comment or link to your own ideas! Charts are for information purposes only. Not trade suggestions. DYOR (Do your own research) - act responsibly with your money.
