Good morning dear crypto friends, hope you're doing well.
Both NEO & TRX started pumping when Xi Jinping announced that China wants to become a leader in Blockchain: They're pumping out of political reasons, this is crucial to understand.
Especially in NEO's case, we saw an immediate pump by 70%, followed by a perfect Bull Flag on the...
NEO Technical Analysis - NEOUSD - 63%-443% Profit Expected
BIG Trade Coming For NEO...4x - 5x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
For Bigger Time-Frame
Target Profit Range - 13 - 32
(63%-443% Profit...
Overall we are moving in an ascending channel. But we just hit the middle of the channel, and now we can be flatting around this middle of the channel for a long time. I wouldn't expect big movements now. Trading between levels will be a safe bet.
This candle is important dont rush and wait to see
If closes under the support line retrace continues
But if this candle close over the support line starts moving up
Well well well...look who's made a comeback? NEO has been one of my favorite cryptocurrencies since I first started learning about this insane market. I almost FOMO'd into it when it was above $130, but I held off. A year ago, I made a post about why I expected single digit NEO if the $13-16 area broke down (linked at bottom). That played out beautifully, and I...
We can see the ended first wave and second wave. Third wave is not complete yet. There is some opportunities to trade in my opinions. What do you think about neo ?
Hello crypto heads!! NEO is now giving us some lovely profits since we are bullish on it. We are expecting the break of the 11.70 zone for the 14.00 target zone. An update will be posted soon.
Take care!
Technical analysis:
. Neo/Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (8.50000000 to 6.50000000). if so, traders can set orders based on Price Action...
The NEOBTC pair has already broken above it's trend line from all time high and the USD pair is looking similar, but we are in a resistance area and it could very well end up being a wick. Just keeping an eye on it for now, but leaning towards a bullish break.
Harry is climbing for correctional wave 4 to reap profits with NEO, a target of 180%. And Harry will wait for the next train to pick up Harry with Neo for $ 7 or less
Do you want to leave the hot sun and ride an unmanned spacecraft with Harry on the moon?
Comment let me know your thoughts, do not forget to like and subcribe offline
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