NEO / TetherUS PERPETUAL CONTRACT
6.248USDTR
−0.125−1.96%
As of today at 07:03 GMT
USDT
No trades
NEOUSDT.P trade ideas
NEOUSDT longing opportunity towards $150This pair seems to be setting up a nice longing opportunity. Let's wait and see if she moves in the right direction.
Keep in mind, this pair can continue down as well. So we do need to wait until she checks all the boxes before taking the trade.
I'll let you guys know if the trade was taken or not.
Neo updates.. As we seen in the chart Neo is breaking ascending triangle downwards and it also already touched 55EMA line.. If it further goes down then it will retest its 100EMA support and then it will return back.. Its checking time whether it go further down or stay here.. Buying entries 91 and in depth 88.. Tp1 130 tp2 150 tp 3 180..not a financial adv..just my idea
NEOUSDT is creating a descending channel 🦐The price is creating a descending channel above the monthly support. IF the price will have a breakout from descending channel, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NEOUSDT Long PositionDescending triangle Pattern Formation are a bearish/Bullish formation that anticipates a downside/upside breakout. If breaks Above line then it will be reach to 130-136 and if breaks the base support ine then take a short position. Wait for breakout.
TP 136
SL 90
Thanks in Advance
NEOUSDTNow that most alt coins are recovering, we can open long positions on some of them.
NEO right here looks good for opening a long position. just wait for the confirmation, it has to close a 4H candle above the resistance area and then you're good to go. I've shown the TP areas on the chart and you can also see the support areas.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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NEOUSDT Local S/R| Price Action| Trend| Swing High Evening Traders,
Today’s analysis – NEOUSDT – trading above its Local S/R with technical confluence, further upside is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Swing High Objective
- Oscillators Neutral
NEOUSDT’s immediate price action is resting on support that has technical confluence with the .382 Fibonacci and the VWAP S/R/ Local S/R, allowing for a bullish bias.
The current objective is the swing high; exceeding this level increases the probability of a trend continuation.
Both oscillators are currently neutral, remaining in the bullish control zones is indicative of strength.
Overall, in my opinion, NEOUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Don’t blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah’
NEO-USDT(Descending Channel Formation)Neo's idea of the smart economy is the convergence of three concepts- digital assets, digital identity and smart contracts, it presents itself as the developer-friendly protocol with a vision of being the digitized "smart" economy in the future.
In the 1 Hour Time Frame, Neo has been trading in a Descending Channel formation . Currently, it is flirting with the trendline resistance which is placed at $114.50 and if we get a decisive closing above this level, it can move to its ATH levels.
Key Levels to watch out for-
The support to the lower side is present at ~$99 while it may face resistance at the levels of ~$133 .
