NEOUSD / the green desk tableNEOUSD / the green desk table
NEOUSD could break bullish flag pattern any time.
ab=cd profit projection from this pattern is at 48.26, but we need to break bullish flag trend and resistance for confirmation
huge resistance at stretched target around 60
if this coin drops, support at 10.06.
Trade ideas
SLEEPING GIANT NEO!If NEO can break through the 25$ resistance I expect a crazy rally.My target will be 40$.This resistance is very significant it used to be support now its resistance.Please like and follow if you want more great setups.
NEOUSD formed huge falling wedge / flag patternHello traders,
It has been a while since last NEO analysis. Chart was unclear and i needed some time to figure it out. Now it looks like NEO formed huge falling wedge, which is heading to its tip. Second option is that this whole is bull flag pattern. No matter what pattern may it be - both are strongly bullish. And that is good sign. So watch out for potential breakouts and prepare your longs :-)
TRADE WITH BRAIN, NOT GREED
neo vs ethhistorically eth and neo always correlated, since oct 2020 ETH has been on a rip, is NEO Next?
NEO complete cup and handle pattern on the weekly. VERY BULLISH
NEO exhaustion / reversal incomingAs charted. If confirmed by a downward penetration of $20 (with a retest after bouncing off the 50D SMA), the first target is $15.
NEO breaking out of the MatrixNEO looks to be breaking out in an Elliott 3rd wave. After multiple breaks of long term resistance, this could be the time that it finally doesn't look back. And with wave 3 usually being the most powerful, there's a strong case this will hold this time. Lots of room to grow with resistance at 40 and 90.
NEO - Chinese Ethereum is boomingIt is time to demonstrate your position NEO. We do not forget.
Short term target 39-40 USD.
Long term target ATH - 196 USD.
NEOUSD - How to trade possible breakout* DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
* THiS iS NOT A FiNANCiAL ADVICE!
TRADE:: NEO_01_17012021
STATUS:: Contemplating an entry point
TYPE:: Long
PATTERN:: Consolidation Triangle
SIGNAL:: 4H MFI
FILTER:: 1H OBV Delta, 4H OBV Delta, Price Action
VOLUME:: $5000
ENTRY:: 24.86 (estimated entrypoint)
TP1:: 27.2950
TP2:: 29.0125
TP3:: 32.0500
TP4:: 36.0775
TP5:: 39
SL:: 24.4275
R/R:: 34
RISK:: $70
REWARD:: $1500-$2000
PROS::
1. Phoenix indicator (author: @WyckoffMode) shows that we have a room for an upward pressure
2. Previous wicks gave us nice shape of triangle, so we it's much easier to trade that pattern
3. MFI looks like it want to reload at 50 level, same as ETH did at $700 price level
CONS::
1. There is a potential to break that triangle to the downside, so we must be ready to trade that too
2. NEO is highly volatile coin, my tight stop-loss might be false-triggered. Re-entry should take a place
3. We still don't have a signal for the upward movement from 4H MFI. So we must be patient and wait for a PREMIUM signal confirmed by lower TF
OVERALL::
* Consolidation triangle pattern occured
* We wait for 4H MFI signal and OBV Delta to become green or at least to move in upward direction
* 4H MFI Signal may occur at January 19th
* We also should be ready for a move down
If you have a moment click like and feel free to subscribe for future signals!
And remember - this market doesn't respect doubters!
Neo Is Getting Ready For PumpIt has been accumulating in a sideways trend(green box) for a long time and getting ready for a big pump. if it can break 30 resistance, it can start a bull run uptrend.
targets : 190$ and 470$
Entry Price 19.05 Target Price 25.90 Fibonacci Trade for NEOUSDFibonacci Retracement Fibonacci Extension (NEOUSD)
Target Fibonacci Level 1.618 (Target Price 34.37)
90% gain possible for NEOUSDplease push LIKE for more updates
as one of the best blockchains , neo is cheap , this coin gave more than 170000% profit in 2017 ! and now 88% below ATH
neo have many room to grow
you can buy if weekly closes above 23.600
sl close below the same
weekly closes tonight but keep this chart in mind in case of fall , for other time
Does This chart don’t look sexy? Patient i’m waiting to break out... btc en eth pairs looking great too🙏👀🙌
NEOUSD Swing TradeStrong momentum in MACD. Probably going to reverse as the market is also in a side trend. Quick profit. This chart was made on a phone lool
