To this week i really pay attention to best condition coins , Neo is the one of best condition coins and you can check my analysis and buy NEO for short term or hold it for long term ...
NEO have a bad resistance in 60 to 65 and it breakout soon !!
Before do any thinks first search about that and look to your analysis and if all things have not problem NEXT buy...
There is no doubt that Neo is one of the best projects
Downward trend is broken, I expect a Higher high somewhere around $74 and when it hit that price, it means that the resistance is broken so the next price target would be ATH
In here according that we shown on chart the trend is downward and we have new breakwave
The breakwave made and now we need to have some correction of this fall then we can take short position
Maybe the price can go more up but the important things is the trend downward and only we should take sell position
Previous analysis :...
Waiting for the price to react to the support line.
On the basis of the Fibonacci extensions, a long position can be opened for the first target.(purple line)
The purple line is Fibonacci extension Target.🟣
Red lines are support and resistance level.(daily)🔴
The blue line is Fibonacci Retracement 0.618 Levels.🔵
The green line is Fibonacci Retracement 0.786...
After very long time accumulation NEOUSDT started to move with the old big coins like EOS, ETC, LTC, DASH etc... THe first test spot point was 48usdt and passed with the market movement. But from other hand NEO is still weak as NEOBTC. Now price has to surge 53.50 -54 usdt spot and next targets will be as on the graph. ( 67 usd and will move easily to 104 usd)
In daily timeframe, Consolidating in Symmetrical Triangle from longtime..!!
At the Moment, On the Verge of Breakout but Waiting for Strong Volume..
Huge Breakout Coming So Buy & Hold Some with Patience.
In case of Upside Breakout, Midterm targets would be : 66 - 92 - 120 - 150
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