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NEOUSDT trade ideas

Neousdt Trading opportunityNeousdt presents a robust reversal setup where the price has shown a notable failure to establish new lows. This failure indicates the potential formation of an impending impulse wave, setting the stage for a new five-wave movement. A critical area to monitor is the immediate internal supply region, where a significant structural break is expected to unfold. Should this occur as projected, it could pave the way for the price to move freely toward other internal supply areas. I will provide timely updates as the price action evolves. Your engagement by hitting the like button and leaving your valuable comments is appreciated. Thank you
by weslad
12
NEO is a ticking bomb, here is whyNeo is a ticking bomb because whales have been accumulating, which can be seen on the chart. We have a pretty long accumulation zone, and once it breaks, we can expect a Tremendeus pump. You want to buy NEO Lower, wait for a breakout, or just wait for my next analysis, and I will notify you, so make sure you follow my account. From the Elliott Wave perspective, we can see that NEO has completed the WXZXZ corrective pattern in the previous bear market. Also, the main downward-sloping trendline is broken. We have a lot of positive signs for a strong bull market on NEO. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Neo’s platform allows developers to use its software to run smart contracts (known as NeoContracts) and design new programs (dapps) meant to replicate real world products and services. NeoContracts differ from other smart contract-based protocols in that developers can build applications using a variety of popular existing languages (like C# and Java), rather than learning a new language. Thus, NeoContract’s ability to work across various programming languages can be attractive to a larger pool of developers seeking to create dapps, or support existing ones. Delegated Byzantine Fault Tolerant To secure its blockchain and keep its distributed network of computers in sync, Neo employs a consensus mechanism method called delegated byzantine Fault Tolerant (dBFT). dBFT works similarly to the delegated proof of stake (DPoS) and leverages a real-time voting system to determine which computers running the software can create the next block on the Neo blockchain. This means anyone who owns NEO can help operate the network. Each NEO token (sometimes referred to as a Neo coin) can be locked, or “staked,” to represent a vote (the more staked NEO, the more voting power.) All owners who stake NEO then vote for the consensus nodes, who are responsible for creating blocks. For proposing and adding new blocks to the Neo blockchain, consensus nodes receive the network’s transaction fees (paid in GAS cryptocurrency). Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
8
You're LUCKY to see this, NEOUSDT analysis!Hello, guys. This is ESS team. Let's see the NEOUSDT chart. If candle is supported by the bottom PURPLE uptrend line, it is expected to break through the RED long-term downtrend line. After the break through, It will reach the top green uptrend line. After that, If it breaks through the top green uptrend line and is supported by green, It will reach the top orange upward trend line. If it isn't supported by the lower purple uptrend line, It will try again after accumulation with near the lower pink uptrend line.
Long
by ESS_Well_done
📈🚀 NEO Trade Plan! 🚀📈📊 Analysis: Bullish Momentum: NEO has exhibited bullish momentum over recent weeks, currently resting at a support level. Long Opportunity: Given its bullish trend and support bounce, NEO presents an opportunity for a long trade. Entry Point: Consider entering the trade at the current support level, ranging from $17.85 to $18.50. Profit Targets: Target potential profit zones at $20.00 to $20.80 or $22.50 to $23.25 based on resistance levels. Risk Management: Mitigate risk by setting a stop-loss order just below $17.50 to manage potential downside risk. 📈 Trading Strategy: Entry: Initiate a long position as NEO finds support within the specified range. Targets: Aim to take profits at predetermined resistance levels of $20.00 to $20.80 or $22.50 to $23.25. Risk Control: Implement a stop-loss strategy to safeguard against adverse price movements and limit potential losses. 🚨 Note: Stay attentive to price action and ensure effective risk management throughout the trade! #NEO #TradingPlan #CryptoAnalysis 🌟📊
Long
by Richtv_official
NEOUSD: Breaking Above the 0.886 within a Massive Double BottomNEO has formed a massive Double Bottom structure that has been in development since late 2018 and now nearly 6 years later is attempting to NEO has once again claimed the 21-Month SMA as support and aims to break back above the 0.886 Fibonacci Retrace. If it is successful in this we could see this be the start of a massive move to the upside, capable of taking it all the way up to as high as $140 a maybe even higher after that, though there may be a bit of resistance up at $56 level first as that aligns with the 0.618 and historical horizontal resistance.
Long
by RizeSenpai
LONG #NEOUSDTLONG #NEOUSDT from $20.301 30m TF. The NEO asset demonstrated local compression, where the price lows gradually increased, forming a bullish structure. This usually indicates the presence of active participants in the coin. There are distinct resistance levels, which were checked several times when participants opened positions from them and accumulated a pool of liquidity. I observe movement along these levels with an increase in volumes and activity in the order book, followed by a breakdown
Long
by CScalp_EN
✴️ Neo Long-Term Bullish Confirmed! $366 All-Time HighNEOUSDT is already above EMA200 and EMA100 on the weekly timeframe. Only MA200 ($21.5) remains as final resistance. Even with this last barrier in place, NEOUSDT already went through a "bottom pattern" and has been growing since December 2022 —a year and two months. 👉 Mid-term we are aiming for $44.444 and $92... Higher long-term for sure. Back in 2020-2021, Neo's bull-market produced a total of 3,513% from bottom to top. This time around we can be looking at 1,900% potential, which is pretty good. Namaste.
Long
by AlanSantana
5