NEO/USDT - Cup and HandleNEO/USDT looks like an excellent example of a cup and handle which can breakout any day now.
Cup and Handle with decent target price of $39.04.
Fundamentals also looking great with "Flamingo", a full stack DeFi mint rush, launching on September 23rd. NEO is definately a ticker to keep an eye on in my opinion.
There is an excellent chance that this breaks out but like always please conduct your own research.
Please let me know what you think by replying below!
Trade ideas
NEOUSD W1: SWING: Accumulation BUT maxed out for now (SL/TP)(NEWWhy get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Premium content
-not just random lines on the chart
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NEOUSD W1: SWING: Accumulation BUT maxed out for now (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NEOUSD week/candle chart review/outlook
::: long-term accumulation in progress
::: BUT topped out for this cycle already
::: expecting 40-60% correction next few months
::: to complete the sequence
::: before it can finall breakout of the range
::: correction is REQUIRED
::: later we can pump 300%+ from that base
::: but that's not until 2021
::: no upside in 2020 so just SHORT IT
::: recommended strategy: SHORT SELL any rips/rallies
::: TP BEARS on the swing is 40-60% gains
::: SHORT/HOLD setup / swing tarde
::: for patient traders only / no fast gains here
::: only use low leverage don't do gambling here
::: the sequence for the BEARS
::: Just short high and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/SWING/40% GAINS
::: Sentiment outlook short-term: BEARS/CORRECTION
NEOUSD weekly: XABCD BEARS 60%+ correction(SL/TP)(NEW) Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Premium content
-not just random lines on the chart
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NEOUSD weekly: XABCD BEARS 60%+ correction(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagges as SHORTbecause I expect more short-term
losses and mid-term losses(BEARS).
🔸 Summary and potential trade setup
::: NEOUSD weekly chart review/outlook
::: BEARS XABCD setup in progress
::: already topped out at 113 point D
::: 60%+ correction pending
::: short sell any rips/bounces
::: going a lot lower next few months
::: TP BEARS 5.00//5.50 USD
::: SWING TRADE SETUP
::: recommended strategy: SHORT RIPS/BOUNCES
::: alternative strategy: SHORT AT MARKET
::: TP bears is 60%+ gains
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/DUMP
::: Sentiment outlook short-term: BEARS
NEO: Testing Resistance. Looking to go Higher?NEO has been on a subtle, yet powerful upward movement in the price for the past few months. With $20 being a major psychological level and Fibonacci levels acting as clear support/resistance, this set-up is interesting.
Look for a breakout of the $21 level leading to higher highs. If rejected look for lower FIb levels as support zones. 80/20 trade.
Of course, Bitcoin is king and must be respected/watched. If BTC continues to show strength NEO's breakout odds increase & vice-versa.
$NEO is following the BULL PATTERN! First of all i will say that performance out of the past not gives any garranty for the future.
This NEO prediction is long term. And I just want to emphasize that I don't think $ 700 NEO is possible this year. I put the pattern here purely because it is POSSIBLE. But that we will get a new ATH someday I am convinced with this great project. Maybe we will be surprised again what we will get for gains this year.
so let's keep a close eye on it.
Good luck!






















