NEO - About To Breakout!Neo has been on the radar for quite some time as it's a good short to medium term investment.
We are approaching a really good area to look for buys. We had a nice move up and now we look to be in a bull flag.
Watching for a breakout of the bullflag or a strong rejection of 38-39 level.
NEOUSDT
NEO - About To Breakout!Neo has been on the radar for quite some time as it's a good short to medium term investment.
We are approaching a really good area to look for buys. We had a nice move up and now we look to be in a bull flag.
Watching for a breakout of the bullflag or a strong rejection of 38-39 level.
NEO 12h Where is it better to buy in long?We lost sight of NEOUSDT, it turns out that the last time we published the idea was 2.5 months ago.
But the previous idea worked very well , exceeding our goals. A maximum of $141
And then there was a fall, clearly on levels, look at the preliminary idea, and you will see everything for yourself.
On the recent fall, the $28 level received the status of a strong mirror level, since it previously served as a strong resistance, and now coped with the role of support.
For the next few days, it is necessary that the level of $28 once again adequately withstands the blow from above and an aggressive buyout of buyers begins. In this case, we can safely expect the NEO price to rise to $60 , to begin with.
If the level of $28 does not withstand the pressure of sellers, then the price NEOUSD will drop below, and then long positions will take from $20 and above.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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!
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/USD ($25 Area Weekly Key Support?)💎Technical Analysis Summary💎
NEO/USD
-The $25 dollar area is the potential buying interest for long-term investors
-This zone has been respected multiple times since September 2017
-If NEO will form any reversal pattern like Double Bottom or Tripple bottom
-Our weekly bias increases right here and the chances to retest the $100 increases
-This is a long shot so we need to be patient and wait for the proper confirmation
-Good luck traders! Stay Safe!
⚠️Please always read the description⚠️
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If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
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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, we are in a bearish channel and the price has been able to break the resistance and is fluctuating inside the channel. We expect the price to reach the ceiling of the channel and we can save. And if the ceiling is broken and re-established, we will enter into a deal. We have identified resistance and support for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
NEO/USDT = Long Term Investment IdeaNEO can be called another strong project on the market, which has passed several business cycles.
The price of the asset is under selling pressure and has corrected to the price values of February.
Currently, it is better to wait with purchases.
A long-term position is better to form in the range of $21.68 - $29.60.
It is better to place the hedging order in the range of $15.55 - $19.08.
The stop loss should be calculated depending on the money allocated to the transaction, and do not forget that it is better to keep no more than 10% of your deposit in one asset.
Target price levels will be
$45,22
$54,80
$64,00
$78,00
$88,00
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
NEO/USDT Support at 200MA. 150% Target at 120$NEO now found support at the 200MA for the second time.
Currently NEO is consolidating into the apex of semi symmetrical triangle.
We expect some more consolidation into the apex before we find some volume that pushes NEO out of the triangle.
Entry is around 50$ and target around 120$.
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 and white line are 200MA and 50MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.