Looking at the NEO weekly chart we see a clear and defined resistance at the $15 level. A break and close above this on a weekly chart would likely trigger a rally to the R1 at $17 and possibly even as high as the R2 pivot at $26.
$NEO / #USD
Crossing over ~13.5$ (potential flip into support on the daily chart) w/ increasing volume..
UCTS bullish across all high timeframes (1D+)
Continuation should allow retest of the ~16.5$ as 1st target (~20%)
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This means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, have increase in trading volume , or shows a reversal candle, have accumulation stage, etc, but no reaction from bulls yet,
So we inform you to keep your eyes on this...
Here we have NEO Daily chart, where we see NEO broke above the descending resistance line (yellow) yesterday. For today if we see this line getting tested and hold then NEO could have nice move up towards 18$ and 21$ targets.
I will also be watching this green support line for bounces to...
Hello Viewers .
As we have seen some tremendous Breakouts from many of the coins in this Bull Market Phase. Neo is ready to generate its new cycle pretty soon as the chart depicts that the Price action has been supported by the 20 EMA, 50&100 Ma, and now testing the 200 MA as dynamic resistance/support.
If we see S/R flip on the 200MA and therefore penetrating...
NEO showed its power by forming a nice hammer in oversold area after a high momentum move up. Expecting this uptrend to have continuation.
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Neo is trending slightly below the white zone which is the strong resistance zone. It's categorized as a strong resistance because it has an alignment with the resistance trend line and the golden pocket zone. An initial rejection is a normal behavior as we see the price pushes higher to break out of the white zone. Once we get the break out confirmation of this...
If you listened EngineeringRobo's BUY 2 signal at the beginning of July and bought, enjoy your 24.43% PROFIT!
If you bought NEO, do not hurry to sell since there are 3 BUY signals from EngineeringRobo, and yet, no SELL signals.
If you want, you can take profit at the resistance level ($16.28) or you can watch EngineeringRobo's Sell signals.
Also, if you...
Chinese Ethereum is in Accumulation Phase 📈
- Accumulation Phase Since May 2019
- 300% Profit Potential in Midterm (90-120 Days)
Buy With Low Risk & Hold With Patience (Patience Will Pay off)
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