#NEO is back at its historical demand zone!#NEO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We have a bounce from the lower boundary of the descending channel, this support at 5.45.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
There is a major support area in green at 5.30, which represents a strong basis for the upside.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend to hold above the 100 Moving Average.
Entry price: 5.55
First target: 5.63
Second target: 5.73
Third target: 5.86
Don't forget a simple thing: ease and capital.
When you reach your first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
Neousdlong
NEO ; easy 700%Afternoon folks , some coins are a clue and neo is one of them , its chart is so clean and beautiful that you can literally predict the market with it .
We are so close to starting the bull run , phase 6 might happen but it would never be as severe as the black swan of 2020 , we are in accumulation phase in altcoins so keep accumulating for the peak , i have got the bitcoin halvings as vertical lines in the chart and the arrow is the approximate date of the top , i go for 90-100$ each coin again which is easy 700% .
Neo will be boring in the bullrun but im sure itll do fine , price is appreciated here and keep buying anywhere near supper support .
DYOR , stat safe fam and show your love with the like button.
NEO coin forming bullish Cypher for upto 19% pumpHi dear friends, hope you are well and welcome to the new trade setup of NEO coin with US Dollar pair.
Previously we caught almost 90% pump of NEO as below:
Now on a 2-hr time frame NEO is forming a bullish Cypher for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
NEO | When to buy? 🤷♀️Hello Traders. I hope you are having a great weekend.
Today I am looking at NEO`s chart on daily timeframe and as you can see there is a descending line ahead of the price which should be
broken if the price wants to go higher. Best time to buy is when it breaks it with good volume then pullbacks to the yellow area with the target shown.
SL could be around 18$.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on NEO and don`t forget to comment what you think. ✌
NEOUSDT, We impacted to resistance zoneHello everybody
We hope that anyone took profit from the market and be happy in these of ranging price.
According to the chart as you can see we have resistance zone that the price impacted to it in more time and at this time we again impacted to it and now at this time we have reverse hammer and evening star but we need to see the close of this candle and if this candle will close in reverse hammer type with powerful body that makes that pattern we can take short position.
If you wanna use this analysis you can also use lower time frame to take trigger for entrance and have smaller stop loss.
Dont forget use stop loss and observe to capital management as you can see we put it but at first if you have any strategy for trading use it if you dont have you can use what we shown on chart .
Previous analysis :
If you have any question send us messages
Good Luck
Abtin
NEOUSDT - Descending Channel PatternNEOUSDT (1D Chart) Technical analysis
NEOUSDT (1D Chart) Currently trading at $21.65
Buy level: Above $22.5 (Buy after breakout)
Stop loss: Below $18
Target 1: $25
Target 2: $30
Target 3: $36
Target 4: $45
Target 5: $60
Max Leverage 2x / Spot Market
Always keep Stop loss
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