Neousd
✳️NEO/USDT Analysis (21/1) #NEO $NEOIf NEO loses $23-24 zone, it will have a strong correction, but there are many very reliable support levels to help NEO rise to $34 zone in February.
The most important support zone is 17-18$ zone, if NEO loses this zone, it will fall into downtrend and fall sharply to $11 or worse $9. However, if NEO falls to $9 then we should buy a lot of NEO as that will be the bottom of NEO in 2021.
📈BUY
-Buy: 20-21$. SL if B
-Buy: 17-18$. SL if B
-Buy: 10.5-11$. SL if B
-Buy: 8.5-9$. SL if B
📉SELL
-Sell: 33-34$. SL if A
-Sell: 23-24$ if B. SL if A
-Sell: 20-21$ if B. SL if A
-Sell: 17-18$ if B. SL if A
♻️BACK-UP
-Buy: 23-24$ if A. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
NEOBTC an expected breakout of cloudBig bullish Shark:
Previously we have seen that the NEO coin formed a big bullish Shark and produced more than 300% rally.
SMAs on the weekly chart.
Now on long-term weekly chart, the priceline of NEO coin with US Dollar pair has crossed up the all simple moving averages with the time period of 25, 50, 100 and, 200.
Up-channel:
On the weekly chart, with US Dollar pair the NEO coin is also moving in an up channel.
New Up-channel:
While moving in an up-channel on weekly chart, the priceline has also started more bullish up-channel within the previous channel.
Ichimoku cloud turned weak:
On the weekly chart, In the Bitcoin market the NEO coin is moving under the Ichimoku bearish cloud for a long time period. Now the bearish cloud has changed from strong to weak and it is possible that the price action of NEO will breakout this Ichimoku cloud resistance soon and start a powerful bull run.
Conclusion:
Even though the NEO coin is much bullish in the US dollar market. But after breaking out the Ichimoku cloud resistance it can turn very strong bullish in the Bitcoin market as well.
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NEO/USD - Price in channel, immediate top at $34NEO pushed higher yesterday with a great 4h candle and now we are stuck between two price levels, $25 - $29 as indicated by the Fib levels.
To push higher we will need to move above $30 with a target at $34.
If we happen to fall under $25, then we will likely go much lower towards $20 which has good support.
The daily indicators are curving upwards, which is bullish and shows we may still have fuel to reach our $34 target. Also keep an eye on ETH as it will signal where the market is going next, currently being just under ATH.
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NEO 12h Growth, correction, growth. Interesting coming monthsFor two long months we did not update the NEOUSDT idea.
But during this time, a lot of interesting things have happened, so let's figure it out.
To begin with, the previous idea worked out well for 2 of the 3 targets below , those who wish could have a tasty buying of NEO at $12.5 before the New Year.
Further, a not bad x2 growth has been going on for a month, which stopped before the level $28.15 , which we noted as important in the first NEOUSD idea back in September 2020. Even then they wrote that we were waiting for NEO for $13.
Hm...., you ask, what's next?
And then, we expect NEO to grow to $31.50 , after which it would be nice to correct this mini pump)
We consider the level of $17.50 to be the ideal launch site for the growth rocket , somewhere in early spring. The growth itself is possible up to the zone $44-46 . Nearly these figures will be the first profit taking of medium-term traders.
The growth itself will be fueled by the news background around NEO 3.0 , there are a lot of releases promising for 1-2Q 2021 and again they talked about NEO as "Chinese Ethereum killer" as if 2017-2018 are back in the yard again)
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NEOUSDT - Potential breakout 🔼Analysis 🔎: NEOUSDT has been consolidating in a symmetrical triangle pattern.
Price action is printing an ascending triangle pattern at the symmetrical triangle's inclined resistance.
Possible breakout.
Buy entry ⬆️: breakout above the ascending triangle's horizontal resistance.
Targets 🎯: horizontal resistance levels.
Setup invalidation ❌: breakdown below the ascending triangle's inclined support.
Neo Is Getting Ready For PumpIt has been accumulating in a sideways trend(green box) for a long time and getting ready for a big pump. if it can break 30 resistance, it can start a bull run uptrend.
targets : 190$ and 470$
90% gain possible for NEOUSDplease push LIKE for more updates
as one of the best blockchains , neo is cheap , this coin gave more than 170000% profit in 2017 ! and now 88% below ATH
neo have many room to grow
you can buy if weekly closes above 23.600
sl close below the same
weekly closes tonight but keep this chart in mind in case of fall , for other time
NEO Targets $38! Double Bottomed - Pump itThe coin:
NEO founded in 2014, has been to an ATH of $200, surpisingly high but it is quite strong fundamentally:
The project's vision is to realise a "smart economy" by utilizing blockchain technology and smart contracts to issue and manage digitized assets.
The setup:
We find here a double bottom formation on multiple charts, especially the 3D and the weekly time frames
Using the measurement tool for targets, we get a target of just under $38, what would be a gain of 52% from the $25 level
NEO has already successfully claimed the kneckline as support; however, the $25 level is proving tough
Enter above successful claims of this level to mitigate some risk - if BTC takes a dump and brings it down with it
Hopefully we can enjoy some NEO gains in the coming days to weeks...
NEO/USDT movement in the coming daysHi every one
NEO / TETHERUS
so if we use the pitchfork for NEO/USDT chart we can see that the price couldn't break the middle line of the pitchfork and there is also a regular bearish divergence (-RD) so this means that the price would reach the bottom of the pitchfork and than start It's uptrend movement
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Thank you for seeing idea .
Have a nice day and Good luck.
TOP 11-20 Altcoin Buying Areas! 3.0Hi,
TOP5 became TOP20...let's continue...
11) XTZ/USD (7 votes)
12) ZEC/USD (7 votes)
13) VET/USD (6votes)
14) UNI/USD (6 votes)
15) XMR/USD (6 votes)
16) OMG/USD (6 votes)
17) NEO/USD (5 votes)
18) THETA/USD (5 votes)
19) DASH/USD (4 votes)
20) YFI/USD (4 votes, the last and the hardest)
If you found something helpful, do not forget to hit the like button!
Regards,
Vaido
Here you can find TOP 10:
NEO/USD - Rejected by resistance, reload lowerNEO hit the resistance at $25 and is now correcting lower. Targets are on the chart and the current bias is bearish until we touch the support line at $20 or $17.
Indicators are also curving for a correction, therefore, do not long this chart. Wait for support to be established.
On the weekly Neo is looking good with a first target at $50. I also see a large wedge forming, therefore we may have a more sustained correction after we hit $50.
Long term bias is bullish.
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NEOUSDT Price Outlook 11 January 2021 — NEO SIDEWAYSHello, this is short-term review for NEOUSDT for Daily, 4h and 1h timeframes.
Price of neo holding well on short-term support and very possible we going to see some breakout action during next couple of days.
Looking forward sideways into support zone in 19-18
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Major LONG NEO/USD! Upcoming testnet and mainnet releases!As we can see both during the last uptrend of Neo on the chart, and the most recent downtrend, it seems to respect
the Fibonnaci retracement and extension rules. On the down side it has touched and behaved as we would expect it to on the Fibonnaci on a number of occasions, bouncing between each level and trading within the channels each time.
These levels are also being respected on this current wave back up. With the upcoming release of Neo 3.0, and the inevitable demand that is seen during the release of mainnets and major events (just look at Neo's run last time they released a major product), along with the rise in the interest of cryptocurrency markets as a whole and the market cap of many coins, should mean Neo will have the opportunity to gain on it's ATH as we are still a long way to go.
We can see that it has tested each level and used it as support before breaking through and creating a channel using the next Fib level. We can use these levels for the upside along with support and resistance to determine how the price is going to move.
Using the past extension Fibonnaci from last analysis and looking at the current retracement Fib, the next resistance level for Neo is around $25.50. This coincides perfectly with the most recent high of Neo before it's pullback, however with the recent interest in crypto and upcoming projects, it's not hard to imagine this resistance being broken, with the next resistance level around $34-36. If this and the next level of $48 is broken, we could see a major push towards it's ATH.
Neo is a sleeping giant. It's one of the only top 30 coins that hasn't had a huge push during this run, and it seems it is raring to get started.
TP1: $25
TP2: 33$
TP3: 45
TP4: 70
TP4: 90
TP5: 100+
Always do your due diligence before investing. This is not financial advice.
NEO potenial move short termNEO / USDT
Price Breaking out from descending channel
Now looks like its heading for local high retest around 26$ and If break this resistance zone
It will fly
🚨=> Price shouldn't return to channel or it can loss bullish momentum
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Good luck 🍀