NEO just found the new high, and we should go through a correction in this bullish trend. There is RSI bearish divergence on the 4H graph. If we go close to $36-$38, it's a good opportunity to enter the market.
PRICE LEVELS LONG:
$50 - if we break the resistance, buy with a pullback
$42
$38
$36 - STRONG BUY
Hello traders:
Also updating on NEOUSD, price mange to continue pushing up impulsively with continuation corrections on the lower time frame.
We see the latest price has already impulse up aggressively, and now we see a period of consolidations.
This is usually a good indications that price is correcting, and we can see further upside potential from the...
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Wave 3 Target $ 250.57
Wave 5 possibly $ 1,472.60
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
NEO has a lot of good things on the horizon, for instance NEO 3.0 testnet launching within weeks.
Looking at NEO on a macro scale and examining the rising pattern, I was conservative with the 3rd wave which could be much more extended. Conservative evaluation on the peak of the 3rd wave places NEO at least in the 90s, but I believe it could likely be much higher....
NEO has seemingly been accumulated within the green zone for a long period of time and had not yet been distributed fully. We can expect it to follow this kind of Elliot wave. Anyway at least a 30-50% movement within a couple of weeks-months is almost inevitable as volumes accumulated within the green range have to be distributed to someone and a 900 days...
Hello Traders!
This is Breakout in NEOUSD. After the Breakout, it has already tested the trend line and Now I am Expecting the Movement of 1:2 of the size of Pattern.
In the neousd symbol, due to the saturation of purchases in the daily time, I expect the price to correct up to $ 24. And then from that range I expect an increase to the final goal of $ 123.
Once we clear 44.25 its off to the MOON...
If we get a pullback I have some levels marked off below
Would be a nice dip buying opportunity
First stop to refuel to rocket ship is 94.32
After that I will most likely do a follow up markup
Knowing how crypto moves this probably won't take long
Also theres a few announcements coming in the next few months so I...
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Continuation TA:
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TA
1W
Looking for higher prices
1D
Still good
4HR
Bullish Divergence
How to trade.
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
Neo has finally moved from a long term down trend into a consolidation zone and now reached the long awaited Uptrend.
Price has cleared structure from 2018 and the next target is at the 55USD mark, based on historical data from 2018.
If price can break over the resistance level we are looking at another 20% push to the upside.
NEOUSD
NEO is still way off from its all time high (ATH), hitting a major resistance level at approximately 45 USD.
NEO has been named the Chinese Ethereum, but has been struggling to meet this reputation.
I think NEO has great potential, as it only recently (last bull market, January 2018) showed big gains moving from 70,000 USD 24h trading volume to 1+ billion USD...
