NEOUSDT trade ideas
NEOUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see the price fluctuates in a channel, we wait for the price to come out on one side and then enter the trade.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
A FEW CRITERIA FOR A SUCCESSFUL ICO INVESTMENT
Initial Coin Offering/ ICO is generally an unregulated method that innovative startups often adopt to bypass the conventional regulatory requirements.
The case for investing into ICO is simplistic: if investors make it right, tremendously explosive gains can be reasonably expected of. However, ones should pay particular attention to its downsize: highly speculative nature and many frauds exists
From my perspectives, below are a few criteria that might increase your odds of making a successful ICO investment.
1. Use case that has potential to bring disruption into traditional business: for instance, back to the days, NEO, with its value proposition of applying smart contract to disrupt the commerce in China, can be considered a potential project.
2. The ICO project should at least have a working beta. Ones should at least have a tangible sense of what they are putting money into
3. There should be a highly-qualified team of developers and experts that engage meaningfully in the project. If influential investors and private equity fund also have a stake in it, that is a good sign of a real disruptive project.
4. The project should preferably have a strong community presence. For instance, its Telegram channel should have a fair number of supporters, or the project has been endorsed, given good reviews by crypto influencer on Twitter or Youtube.
5. The ICO should have a clearly defined token lock-up duration that is long enough. This mean that founders and early investors should not be allowed to liquidate/ dump their tokens for a meaningful period.
6. The market capitalization that the project is about to raise should be reasonable. This ensures that some rooms for profit are left to investors to really dedicate to the project.
One last note, the above are just a few considerations that might boost your odds for investment into ICO. Deeper research into the use case, the developer's background and token sales information should be carried out on ones own.
More posts on ICO in time to come if it is really of interest and value to the community. Lots of thanks.
NEO/USDT Big Pump and testing 1st resistance at 45$NEO just pumped and tests the first of three big resistance lines around 45$.
Daily on the left hand side:
- The RSI moved over 70 and is now near overbought area. We expect some kind of consolidation before we move upwards again.
- The downwards trend seems broken after hovering above the lower yellow line.
- We see a volume increase during the last days.
4h on the right hand side:
- There is a golden cross involving the 50 and 200MA indicated by the yellow camera.
- We spot a strong volume spike indicated by the green spiky ball.
We expect some consolidation now which also could be very short term.
In the long term we shoot for 120$ again.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
neousdtneousdt at resistence of rising wedge . its pumping .I am not taking trade just for practice to see if it works.
Originally Thought We'd See a Drop FirstExpected that NEO would pop up to the POC, but thought we'd see a drop first. It is now at the upper fixed range POC and oversold on the stochastic and RSI. I'm not sure I feel confident to short it, but looks like we should see it drop to bottom of TR.
NEOUSDT-Buy PositionHi guys;
For Crypto Scalper.We can have a buy position on it.
Please put your comment and like .
If you would like my vision , analysis please follow me thanks guys.
NEOUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price after the break of the resistance line, you see the weakness in the trend that caused the price to fall. Right now the price is moving towards support. We intend the price to be supported. And let's have a twin floor pattern and see the price increase. But if the price stabilizes below the support line, we will enter a downward phase.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 NEO Hitting An Important Support: Reversal Incoming?Since the corona sell-off, NEO (and crypto in general) have been trending upwards. NEO has been following the violet support line for more than a year now, will it bounce off this trend line once again?
Assuming that BTC has hit the bottom, yes. Be prepared for a wick towards $25 or so. If BTC will fall further, alts could very well be decimated and a $15 NEO price could become a reality relatively soon.
Personally I'm expecting a dip in the coming days, followed up by a strong bullish reversal.
Happy trading!
It Will Be Another Giant Move Of NEO CoinBroke down the rising wedge:
On the 4-hour chart, the price action of NEO coin was moving in a rising wedge pattern and as it is a bearish reversal pattern, therefore, the price action eventually broke down the support of this rising wedge but so far did not hit the bearish targets of this rising wedge pattern and moving sideways:
On the other hand, if we take a look at the Bitcoin chart, then on the daily time frame after breaking down the support of the rsing wedge on the daily time frame, the bitcoin is also moving sideways. Therefore the NEO is also following the move of Bitcoin.
BTC rising wedge
Support and resistance levels and SMAs:
On the weekly time frame chart, it can be clearly seen that after being rejected by the $130 resistance level the price action has moved down at $29 to $30. This is very strong supports and because previously it has been working as a support and resistance as well.
The priceline of NEO is also moving around 50 simple moving average on the weekly time frame chart and after 50 SMA there is also 100 simple moving average above the support of $20.
Big bullish Cypher pattern:
On the weekly time frame chart, NEO has formed a bullish harmonic bullish Shark pattern. The 1.13 Fib level is in the negative territory, therefore it is not possible for the priceline to move there, however, there is strong support at $12.50. Therefore, we can set the buying zone accordingly as below. There is also 100 simple moving average support in the buying zone which can be used as a stop loss for the long-term trade. The buying and sell targets as per this pattern can be as below:
Buy between: $26.08 to $12.50
Sell between: $51.64 to $110.057
As per the above targets, this trade has a big profit possibility up to 780% but if you consider the buying zone max up to 100 SMA then profit possibility can be upto 390%.
For Education Purpose ''Not Fınancıal Advise''The given chart represents the changes of price from approximately 141K to 24K. As we can see that there is a fall channel, so we can expect going down for Neousdt.
NEOUSDTHello guys,
NEO is about to brake 33 support, I will open short as soon as braking.
please make sure to mange risk
thanks
Neo scalphello everyone.
we can open a long position if its fixed above Ema 20.
it is not a piece of financial advice always do your research.
NEOThe NEO currency is a strong investment currency
It is expected that the wave is at the end of the correction and we will see a rise soon
The objectives are as described in the analysis
Don't forget about risk management
Good Luck
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NEO Old Signal
