If NEO doesn't manage to break out of this bearish pennant, then the odds are deathish !
2x allready rejected to break out, although strong support at 6USD levels ...
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...
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...
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.
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.
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 ?
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