NEOUSDT
NEOUSDT : Nowhere to go but UP NEO has been making base for the last 18 months... sooner or later, this rocket will fly .
Look at the chart, nothing more to say... now in accumulation phase.
RSI looking good.. just need to turn the ship around.
Cheers,
nattain
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#neousd decision momentDecision moment in $ neo;
1) Decrease unless the red resistance is exceeded,
2) If the red resistance is passed, the yellow resistance decision point,
3) If the yellow resistance cannot be exceeded, decrease
4) If yellow resistance is exceeded, an increase can be mentioned.
Red resistance (Red area)
Yellow resistance (Yellow area)
Great NEOUSDT short trade opportunity on both 4h & D TFGreat NEOUSDT short trade opportunity on both 4h & D TF
Entry range (D): 9.070 - 9.698
Suggested risk: 3.5% capital
TP1 (D): 8.765 - 8.465
TP2 (D): 7.673 - 7.975
Stop Loss (D): 10.31
Entry range (4h): 9.271 - 9.493
Suggested risk: 2% capital
TP1 (4h): 9.046 - 8.944
TP2 (4h): 8.660 - 8.552
Stop Loss (4h): 9.848
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NEO broke out from bullish pennant. Now time for a retest!Oh NEO how did I miss you. I tried to short you in the middle of the rally and that did not work out well. The trend is clearly up and looks like alts are ready to run. NEO already made considerable gains and now it looks like it is coming back to test this pennant and that would be good time to reload.
NEOBTC Rising Wedge With Scalping Opportunities [QUICK UPDATES]Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
There's two ways you can trade a rising wedge. You can wait for the breakout and trade the volatility that follows with it, or you can scalp the inner part of the pattern for as long as it holds. Since the whole market is very involatile at the moment, I believe today is a better moment to scalp the inside of the wedge.
On the chart you can see an example of how the price could oscillate, put your buys near the bottom of the support line and the take profit near the top of the resistance line.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
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Disclaimer!
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Fibonacci wavesTesting to see if 1.618 follows a bullish trend that was previously seen within the ring of the Fibonacci circle, hence creating the wave.
Here is my original analysis for Fib Waves which is still underway
I believe we will see a repeat bullish momentum throughout the fib ring.
Not much of an analysis for NEO but here we are.
NEO Buy on retest | Levels are mentioned | Profit potential 35%Hello traders. I hope you are doing well.
Here i have found one more coin that can give good reward, wait for the retest of GREEN buying area or YELLOW trend line.
Risk to Reward (RR) is 1:3 which is quite good.
Understand the charts and get ready to go with it if your idea is matched.
Please support my work if you find it useful.
If you can take out a few minutes kindly checkout my other work too it will give you good info.
NEO/BTC TA Update (more downside?)NEO/BTC
NEO is on a strong downtrend as the price broke the important support at 1200 sats area.
Since there is not enough consolidation during the uptrend last Oct 2019.
Expect the price to waterfall drop back to previous support or consolidating last Aug-Oct 2019.
The market is full of fear and catching a falling knife today is not a good trading strategy.
Be patient and wait for the whole market to cool-down and find its true value.
NEOUSDT: Back to Dec 2018 levelsNEOUSD is back to 2018 Dec levels and looks just bad.
I'm waiting for a weekly close, it could be a good buy but it needs to show some strength.
I - knife-catching option
II - more cautious approach
Information is just for educational purposes, never financial advice. Always do your own research.