NEOUSDT → Another resistance retest. The odds go up NEOUSDT forms a symmetrical triangle on the background of a local uptrend. Price is once again testing resistance and any other attempt could be successful.
The 4-hour moving averages act as support, forcing price to test the triangle resistance line.
The price is consolidating above the liquidity zone, hence there are more signs that the price may rise soon
Strong support: 12.15, 11.65
Strong resistance: 13.86, 15.80
I expect that in the nearest future the price will try to break the resistance, and in this case I will wait for its growth to 13.86 and then to 15.80
Sincerely R. Linda!
NEOUST trade ideas
NEOUSDT 89.48% ✅🚀#NEOUSDT
we published and shared this idea with you in our profile here as you can check the previous analysis for #NEOUSDT
and this analysis gave really good and massive profits
Target 3️⃣ : done✅
Entry price: 8.37$✅
Price reached :15.86$ ✅
Profit: 89.48% ✅🚀🚀🤑
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You may also TELL ME in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
NEO have second breathThe uptrend remains on the instrument.Trading volumes are increased, which is perfectly visible on the chart.After the pump, the price made a move to the bottom, after which it returned to the vicinity of the level, which indicates the strength of the buyer.The instrument is in the top of growth, which also shows the probability of the development of a long scenario.The price is consolidating in the vicinity of the level on increased volumes, I expect a smooth approach, proto-trading and impulse movement in the long.
A Butterfly Harmonic Pattern in NEO🔆NEO network governance token and valid
1️⃣The possibility of forming a butterfly harmonic pattern in this symbol
2️⃣The combination of Fractal, Alligators and Awesome indicators have issued a buy signal in this symbol in weekly time.
3️⃣ Condensation of valid Fibonacci levels of XA return, projection of AB from C and BC expansion at point D in pattern.
4️⃣ According to the time analysis and if this analysis is not violated, there is a price rise to about 224 to 250 dollars until the end of October 2024 (long term).
5️⃣ I have also used Endor fork to draw the path of this currency. The best price target in the medium term is the middle line of the fork, if the price does not leave the bottom of the fork.
6️⃣ RSI and QQE MOD oscillators were also examined and confirm the buy position.
🚫 It is forbidden to buy at once with a high amount money.
⚠️Purchase only in steps and week by week with the same amount (for example, every Sunday 50$) both in the medium and long term.
According to the type of investment, the stop loss has not been determined. You can determine the stop loss based on the following criteria.
✅ C point in pattern (big loss).
✅ The first inverse fractal (about 9$).
✅ Use of ATR with a period of 14 weeks and a multiplier of 1.5 to 2
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This is just an analysis based on my personal knowledge and I disclaim any responsibility for making decisions based on it.
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NEO has taken taken the red pill - Ready to awakeNEOUSDT:
66% probability of going up for the short term.
Short-term dynamic downtrend breakout and an inverse head and shoulder pattern formation.
even now it's good for entry... but I am looking for a deep entry to reduce the risk Thus my strategy is to wait for the touchdown to 12 - 11.8 and then long for the target of 13.0 - 13.5 $$
See you on the other side of the trade. #Matrix
NEO to 5$Hello Traders,
Today I want to announce that NEO official broke its channel "the bear flag"
So real quick I wanna share my targets !
1- Target ( close one ) : 8.3 - 8.55 $
2- Flag target : 4.9 - 5 $
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Educational :
BEAR FLAG
This pattern occurs in a downtrend to confirm further movement down. The continuation of the movement down can be measured by the size of the pole.
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Thumb up for more on NEO !
Follow for more on ALTCOINs <3
Have a nice day !!
NEOUSDTLet's analyze NEOUSDT over an 8 hour period. As you can see, the price is moving in an upward channel and is currently at the lower edge of the channel.
Let's start with the support line and as you can see the first support is 12.02, if the support is broken the next support is 11.60
Now let's move to the resistance line, as you can see first we have a resistance zone of 13.06, if we manage to break it the next resistance will be 13.87
the MACD indicates neutrality, while the RSI is indicating exhaustion of buying forces, indicating that sellers must return.
Neo is the first cryptocurrency based on blockchain technology to come from China. It has a Proof Of Stake (POS) system that rewards users of the system for having NEO coins saved in their wallet.
Neo does not reward with the same currency, but with a secondary cryptocurrency, Gas.
Neo's programming is very similar to that of Ethereum, which is why many know this cryptocurrency as the Chinese Ethereum. Neo allows smart contracts but improving the Ethereum system.
It aims to be an alternative to Ethereum and aims to convert traditional assets into digital assets through smart contracts. Digital assets will be decentralized and secured using blockchain digital certificates.
To continue the short-term uptrend, needs to rise above 12.72...Hello?
Traders, welcome.
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Have a good day.
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(NEOUSDT 1W Chart)
In order to continue the mid- to long-term upward trend, the price must be maintained by rising above the HA-High indicator.
So, I think it's time for an up and down wiggle for the HA-high indicator to fall.
(1D chart)
Rising above 11.66, I think it is coming out of the bottom.
The question is whether you can make the handle of the cup pattern in the current section and start climbing.
To continue the short-term uptrend, the price needs to rise above 12.72 to hold the price.
Therefore, it is important whether there is a move out of the 10.47-14.18 (up to 15.28) interval.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
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NEO/USDT trading IdeaNeo Made a nice first top this year at about $ 15. Massive volume came in just a few days before the news came out that HongKong wants to legalize crypto and wants to become the biggest crypto hub from the world. After a 40% ABC correction we started a new 5 wave impulse. A nice 1st leg up, a pretty short 2nd retrace wave and now we are in wave 3 that could bring us to about $20. From this this price $13,12 we could to 50-60% in the short term. For breakout traders they could wait if it break resistance at $14,41 and buy after that.
40-120% possible in coming weeks!
NEO are you still alive?the chart says I am going to ATH at least!
I've forgotten about NEO since Jan 2018
is it still alive?
however, you shouldn't underestimate the hype of the trend.
in 2021 everyone missed doge no one believed it would go to 90B marketcap!!!!
so, everything is possible.
good luck.
🔥 NEO Perfect Fibonacci Bounce: Gains Coming?NEO was one of the bigger winners last week, but this week has been quite dramatic. However, NEO found strong support at the 0.618 Fibonacci retracement.
The 0.618 is often a strong area of support, especially for good performing assets.
I'm looking at the yellow areas for potential short-term targets.
If BTC will remains stable (or go bullish), NEO might even make a new local high next week.
