NEO is currently trading above the support of $98. As long as NEO stays above this support, we could start seeing a move towards $112, $120, $134, $156, $192, $251, $309 and $345. Failure to hold the support at $98 could lead to a drop towards $83 and $76 which could be good areas to long NEO.
NEO is creating a bullish ascending channel with an RSI at 80 on the monthly! Still have a lot of room to grow! Market Cap is at $6.6 Billion with a Circulating Supply of 70 million. This is about to go to the moon in the coming months (will have small corrections on the way to the top!!). This is NOT financial advice, but there may be a 18-20x opportunity in the...
#NEOUSD #NEOUSDT
The support line of 99 is a strong one manytime touched but not broken, in case of breaking it the price will drop to 90 then to 76 otherwise the if the price rise the target will be 129, because we have an uptrend and Moving Average indicator shows the price will rise.
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(NEOUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 91.56900381-120.28565454 segment.
We have to see if we can get support and climb at...
Been riding NEO beautifully today. Took a short from $116.50 and rode it all the way to its previous wick resistance at $105.00 & now looking for some long plays.
We're now forming a
- falling wedge.
- rejecting the 0.618 fib level.
- formed a three pin formation amongst candle closure at $104.
- printing a bullish engulfing.
- using the most significant trend...
