Finally we're there!
With todays tiny new low NEO has confirmed with 5th wave of the 3rd corective leg. Wether you count it 3-3-5 or 5-3-5, important is the finish with 5 waves right at this point after retracing 88.6% in price from the last top!
This is NEO's launchpad in this area. Stay tuned for a wild n heavy take off!
Hold my beer pls
NEO/USDT seems to be forming a multi year Cup & Handle pattern, with the handle as a descending wedge. The descending wedge appears to be bouncing (5) where you would expect it to before potential breakout out of the wedge. (Arrows in purple are loose predictions where price could go, don't look too much into those)
However, with BTC so uncertain atm, and the...
NEO-USD is trading in a downtrend
And the pair just broke a support cluster
Of the rising and horizontal support lines
Which turned into a resistance cluster
And I am expecting a move down from the level
Towards the target below
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Still expecting neo to leave accumulation faze & break ATH.
Neo seems to be a great project but it’s one of those alt coins that will wreck your account.
All you can do is literally keep re buying & accumulate more Neo @ all the new 2022 bottoms till you catch the move up.
It may be this year or we may be waiting till 2023 . The Longer we wait more money...
As we see in the technical analysis. We see a possible continue of the downtrend in NEO. Also, I'm very specific that NEO could to reach maybe to $12.50 USD
1) Position: short
2) Entry Price: $16.37 USD
3) Stop Loss: $17.76 USD
4) Target Profit: $12.50 USD
5) Risk/Benefit: 1:3
This it's the Daily market structure and still bearish!!!
Good luck in...
✅EUR_USD is going down to retest a horizontal support
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above
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I'm in this trade from $16.28 USD approx and during the past days, we see a crash in the price and right now, the price it's around $9.41 USD. So, I put a break even at $15.60 USD and target to $6.70 USD in this trade.
So guys, we're in profit.
Remember, during this crash, save or accumulate cash and then, buy asset and save asset or accumulate it when pass the...
As I'm in this trade, NEO continue to the downside and I see a more sell-off that the price could to reach $6.50 USD
This it's the weekly timeframe and we see a sell-off and I thinking that NEO could to reach their minimum historical maximum around of $6 dollar approx.
That it's what I think!!!
I hope that this analysis support you!!!
Updated monthly back test. Outstanding results on 15m chart. Results will vary based on exchange and fees. Strategy holds rolling position long and short. Ace of Waters seeks to exploit volatility while also mitigating drawdowns.
Neo is one of the best coin to invest and it has given great ROE. Here the scenario is bullish but still if it falls , buy if the price hits 12$ in long term it will give 15-20X return.
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Hey what's up everyone, I am taking a trade on NEOUSD. It has been showing signs of accumulation putting in higher lows and just got back above the inflection zone. Half of the major alt coins are showing an inverse head an shoulders locally where they made a lower low on Feb 24th than they did on Jan 24th and the other half like NEO and XTZ made a higher low on...
The Neo price analysis reveals a bearish market after NEO prices closed yesterday’s trading chart at $19.60. Today, the market is trading sideways with a slight bearish bias as the bulls attempt to correct higher. The immediate resistance for NEO prices lies at $20 while support is present at $19.0.Neo prices are currently trading at $21.05, a correction on the...
Most alt coins following from the 2018 bullrun are following BTCs moves from back in 2019 pumping to the .702/.618 before going on to set new ATHs.
Seems like a lot of the fud around Block.One for EOS and the SEC lawsuit for XRP has been priced into this bull run during 2021. If a coin is still below the .236 if you draw a fib from the 2017 bull run it's a really...