This is a simple two point comparison between parts of the large bullrun and parts of the current bullrun
It can be seen that a massive move is missing as of current for us
This comparison can also be placed on LTCUSD which is another idea I will attach below, maybe a correlation between the two coins?
After four years of stable MainNet operation, Neo is undergoing its biggest evolution as it migrates to N3 - The most powerful and feature rich version of the Neo blockchain to date.
Since BTC starts to pump again, NEO will explode shortly.
So what do you think about it?
October was a month of range trading for Neo, with the price trading between 37 zone support and 47 zone resistance.
At this point, the coin is building up momentum for a break and a close above resistance should accelerate gains towards the 75usd zone
On the other hand, a drop under 37 would be bearish and can lead to a new local low around 20usd.
I'm bullish on...
similar fractal pattern identified to the one bitcoin produced in the 2013-17 cycle!
If history rhymes, then the previous targets I posted are way lower than what we are going to see in the future
Idea inspired by trader: USCG_Vet
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(NEOUSD 1W Chart) - Mid-Long-Term Perspective
Above the 23.66260578 point: the uptrend expected to continue
Above 50.22168635 point: Expected to create a...
NEOUSD Entry Price 45.06. Confluence factors are:
Horizontal Support and Resistance Level
EMA 10 Close Price
EMA 20 Close Price
Diagonal Support and Resistance Level
Price closed above horizontal level, diagonal level, ema 10 level, and ema 20 level.
$EOS (WITH INDICATORS)
1007H +8 SINGAPORE
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
THIS IS AN AREA OF OPPORTUNITY: A ZONE FOR AN ENTRY.
Dedicated to those who know the Rules of the RENKO and ICHIMOKU CLOUD.
I THIS IS A TRIAL ANALYSIS USING MY MINIMALIST ANALYSIS TO A...
NEOUSD. Note: Original trade forecast was a sell. After review, the sell trade idea was weak because of the bullish rejection candlestick after the breakout.
So, after NEOUSD closed above the resistance levels and resistance turned support; I looked for Long Trade Opportunities.