The price is sitting on the support
Not bad idea to buy at those levels
Expecting short-term bounces as long as btc consolidating before the next major move.
Weekly Diamond, Possible price action measured with rectangles.
TTM Squeeze on the weekly and curling to the upside
General structure '"Bottomed Out"
idk about yall but... looks like a good long opportunity idk what else to say. Because if you have not noticed there are weekly diamonds like this all over the majority of top and second tier cryptos right now. like...
Just a quick update because its the same pattern as with many other coins
We have formed some ugly wave 1 diagonal and now possibly retraced in three waves down to 0.886 levels
We hold here and no new low ($7.79): its gonna take off
Hold my beer pls
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No financial advice, do your own research, don't be stupid
NEO has reached an important uptrend that confirms the bear trend has reached an end
This can be concluded due to its previous bull rejections in the past along this green line
A large falling wedge formation can be also observed which adds emphasis to the bullish state
WE ARE FINALLY THERE!
NEO has fully completed the last part of the 5-3-5 corrective pattern (), sweeping the lows below the triangle and ending this big a$$ formation with an ending diagonal for accumulation.
While holding the past low around 7.70$ we are good to expect a nice wave 1 pump over the next couple of days and weeks.
Be sure to have fomo kick in...
looking for the best possible entry? no better time than the present. its lambo time lol
i find it best to keep the TA as simple as possible and not overthink it like in this chart. we have to stick the upper target at $720 since we have seen most cryptos favoring that 3.618 extension level this past year
it might be sideways for a while but your patience will be...
NEO formed a possible double bottom, also has a 20 and 50MA crossover. It is ideal level for opening long positions.
If level of $7.9 holds, next stop for NEO is 12.5$.
This structure is all over the place LTC, LINK, Bitcoin Cash and these two, Status (SNT) and NEO
I am assuming it is a pre-emptive bull moonshot structure, so all these coins can moon at the same time
Observational post
Links into one of my previous posts below
✅NEO_USD has been falling recently
And the pair seems locally oversold
So as the pair is approaching a horizontal support
Price growth is to be expected
LONG🚀
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NEOUSD is trading in a downtrend
And the pair just broke out of the bear flag pattern
Which reinforces our bearish bias
And we are expecting a further move down
Sell!
Hello,Traders!
NEO-USD is trading in a downtrend
And the pair just broke out of the bear flag pattern
Which reinforces our bearish bias
And we are expecting a further move down
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
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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NEO has been amazing where technicals have played a big role in the investment. I have been holding this coin for a long now. It went up, then down, then consolidated. I'm quite comfortable with it as I want to SELL ONLY ONCE (SOO).
A simple trend is a crash, consolidation, then rise. Now it is retesting the past consolidation high. If this continues to hold and...
![NEOUSD: NEO/USD Weekly Diamond [Interesting spot]](https://s3.tradingview.com/u/uTVkcGs9_mid.png "NEO/USD Weekly Diamond [Interesting spot]")
