LONGNEOUSDTAfter breaking the resistance and stabilizing it, it is expected that the price will suffer a little in this range and then climb to high prices according to the analysis.
NEOUSDT trade ideas
Waking up soonTight like a tiger here. We are going to be seeing a move soon! The daily trend is suggesting up so long as we hold EMA support.
Neousdt Trading opportunityNeousdt presents a robust reversal setup where the price has shown a notable failure to establish new lows.
This failure indicates the potential formation of an impending impulse wave, setting the stage for a new five-wave movement.
A critical area to monitor is the immediate internal supply region, where a significant structural break is expected to unfold. Should this occur as projected, it could pave the way for the price to move freely toward other internal supply areas.
I will provide timely updates as the price action evolves. Your engagement by hitting the like button and leaving your valuable comments is appreciated.
Thank you
Neo to the moonNeo looks like an amazing medium-term investment. Get ready for the trip. The next target is $60!!
Neo To The MoonNeo looks an amazing medium-term investment. Get ready for the trip. The next target is $60!!
NEO is a ticking bomb, here is whyNeo is a ticking bomb because whales have been accumulating, which can be seen on the chart. We have a pretty long accumulation zone, and once it breaks, we can expect a Tremendeus pump. You want to buy NEO Lower, wait for a breakout, or just wait for my next analysis, and I will notify you, so make sure you follow my account. From the Elliott Wave perspective, we can see that NEO has completed the WXZXZ corrective pattern in the previous bear market. Also, the main downward-sloping trendline is broken. We have a lot of positive signs for a strong bull market on NEO. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Neo’s platform allows developers to use its software to run smart contracts (known as NeoContracts) and design new programs (dapps) meant to replicate real world products and services.
NeoContracts differ from other smart contract-based protocols in that developers can build applications using a variety of popular existing languages (like C# and Java), rather than learning a new language.
Thus, NeoContract’s ability to work across various programming languages can be attractive to a larger pool of developers seeking to create dapps, or support existing ones.
Delegated Byzantine Fault Tolerant
To secure its blockchain and keep its distributed network of computers in sync, Neo employs a consensus mechanism method called delegated byzantine Fault Tolerant (dBFT).
dBFT works similarly to the delegated proof of stake (DPoS) and leverages a real-time voting system to determine which computers running the software can create the next block on the Neo blockchain. This means anyone who owns NEO can help operate the network.
Each NEO token (sometimes referred to as a Neo coin) can be locked, or “staked,” to represent a vote (the more staked NEO, the more voting power.) All owners who stake NEO then vote for the consensus nodes, who are responsible for creating blocks.
For proposing and adding new blocks to the Neo blockchain, consensus nodes receive the network’s transaction fees (paid in GAS cryptocurrency). Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
You're LUCKY to see this, NEOUSDT analysis!Hello, guys.
This is ESS team.
Let's see the NEOUSDT chart.
If candle is supported by the bottom PURPLE uptrend line, it is expected to break through the RED long-term downtrend line.
After the break through, It will reach the top green uptrend line.
After that, If it breaks through the top green uptrend line and is supported by green, It will reach the top orange upward trend line.
If it isn't supported by the lower purple uptrend line, It will
try again after accumulation with near the lower pink uptrend line.
NEO TokenThe NEO price has regressed to the major trendline support mark of $15 and is trading near the 100 day EMA mark.
Analysis of NEO# Analysis of NEO Time 1W currency
Considering that the price has reacted to the resistance level of the daily time, we can expect a downward correction to the support level of $11, and from the support range after a little suffering, we can see the beginning of the upward trend in the long term.
NEOUSDT 4H#NEO is moving inside a symmetrical triangle. It seems that we will go downside. In case of break down, targets are:
$16.31
$14.26
In case of breakout to the upside, targets are:
$19.04
$20.17
$21.56
$23.82
NEO/USDT LONGIn the logarithmic chart of the Neo currency, a BAT harmonic pattern is formed and the price is expected to grow up to the specified range
#NEO/USDT is heading towards a retest of the PWL $16.245 support#NEO/USDT is heading towards a retest of the PWL $16.245 support level in 4-Hour TF!
Placing some buy orders there. The next strong support level is PML $12.85. The local resistance level is PMH $$19.22.
📈🚀 NEO Trade Plan! 🚀📈📊 Analysis:
Bullish Momentum: NEO has exhibited bullish momentum over recent weeks, currently resting at a support level.
Long Opportunity: Given its bullish trend and support bounce, NEO presents an opportunity for a long trade.
Entry Point: Consider entering the trade at the current support level, ranging from $17.85 to $18.50.
Profit Targets: Target potential profit zones at $20.00 to $20.80 or $22.50 to $23.25 based on resistance levels.
Risk Management: Mitigate risk by setting a stop-loss order just below $17.50 to manage potential downside risk.
📈 Trading Strategy:
Entry: Initiate a long position as NEO finds support within the specified range.
Targets: Aim to take profits at predetermined resistance levels of $20.00 to $20.80 or $22.50 to $23.25.
Risk Control: Implement a stop-loss strategy to safeguard against adverse price movements and limit potential losses.
🚨 Note: Stay attentive to price action and ensure effective risk management throughout the trade! #NEO #TradingPlan #CryptoAnalysis 🌟📊
NEOUSD: Breaking Above the 0.886 within a Massive Double BottomNEO has formed a massive Double Bottom structure that has been in development since late 2018 and now nearly 6 years later is attempting to NEO has once again claimed the 21-Month SMA as support and aims to break back above the 0.886 Fibonacci Retrace. If it is successful in this we could see this be the start of a massive move to the upside, capable of taking it all the way up to as high as $140 a maybe even higher after that, though there may be a bit of resistance up at $56 level first as that aligns with the 0.618 and historical horizontal resistance.
LONG #NEOUSDTLONG #NEOUSDT from $20.301
30m TF. The NEO asset demonstrated local compression, where the price lows gradually increased, forming a bullish structure. This usually indicates the presence of active participants in the coin. There are distinct resistance levels, which were checked several times when participants opened positions from them and accumulated a pool of liquidity. I observe movement along these levels with an increase in volumes and activity in the order book, followed by a breakdown
NEO Long IdeaNeo Buy zone is $15 , $17 for me and I think I will buy from there if it falls. I think these two scenarios will develop, stay tuned. fibonacci levels are very important.
LONG #NEOUSDT from $23.446 30m TF. The coin is moving in a local uptrend, pushing the price along an inclined line, which indicates the presence of active buyers buying off strong drawdowns. The compression is moving towards two clear levels of resistance, behind which unrealized liquidity has accumulated.
I will be waiting for a smooth approach to the levels, the formation of consolidation and an upward movement on the activity in the glass.
✴️ Neo Long-Term Bullish Confirmed! $366 All-Time HighNEOUSDT is already above EMA200 and EMA100 on the weekly timeframe. Only MA200 ($21.5) remains as final resistance.
Even with this last barrier in place, NEOUSDT already went through a "bottom pattern" and has been growing since December 2022 —a year and two months.
👉 Mid-term we are aiming for $44.444 and $92... Higher long-term for sure.
Back in 2020-2021, Neo's bull-market produced a total of 3,513% from bottom to top.
This time around we can be looking at 1,900% potential, which is pretty good.
Namaste.
NEO at 23 is like solana at $23 | NEOUSDTNeo | NeoUsdt | NEO
Neo at 23 like sonala at 23🤞🏻
support marked..
tgt marked..
NEO Price Rockets Toward $20 Milestone Amid Altcoin SurgeThe cryptocurrency market is witnessing a seismic shift as altcoins surge, with SET:NEO leading the charge with a remarkable 40% overnight surge, propelling its price toward the coveted $20 mark. This surge comes on the heels of a pre-halving rally, igniting speculation of a potential year-long bull run.
SET:NEO , currently ranked 77th in the crypto market with a market cap approaching $1.50 billion, has emerged as a top performer amid this altcoin resurgence. The surge in demand has resulted in an impressive bullish engulfing candle on the daily chart, signaling a potential moonshot trajectory.
One of the most striking aspects of SET:NEO 's rally is the staggering increase in trading volumes, up by over 4000%, underscoring the growing investor interest and making SET:NEO a trending coin in the crypto sphere. Additionally, the breakout above the overhead resistance trendline has propelled NEO's price beyond the psychological barrier of $20, reaching a peak of $22.45 before undergoing a minor intraday pullback to $20.89.
Technical Analysis and Future Projections:
The rally is strongly supported by the 50-day Exponential Moving Average (MA), maintaining a bullish alignment with the 200-day MA, indicating a favorable position for a sustained uptrend.
Looking ahead, sustaining the price above $20 is crucial for NEO's continued upward trajectory. According to trend-based Fibonacci levels, a breakout above $22 could signal further upside potential, potentially catapulting SET:NEO 's price toward the $30 mark in the near term.
However, amidst the euphoria, caution is warranted as NEO approaches overbought territory, as indicated by extreme volatility around the token on the Bollinger Bands. A retracement to around $17.87 cannot be ruled out in a highly bearish scenario. Nonetheless, indications from the Awesome Oscillator suggest increasing upward momentum for SET:NEO , potentially defying bearish bias and aiming for $25 in the short term.
As the altcoin market continues to heat up, all eyes are on SET:NEO as it aims to solidify its position and potentially usher in a new era of bullish momentum. Investors eagerly await further developments as SET:NEO navigates the volatile cryptocurrency landscape.
Conclusion:
With SET:NEO leading the altcoin charge and eyeing the $20 milestone, the cryptocurrency market is witnessing a resurgence fueled by growing investor optimism and bullish momentum. As NEO's journey unfolds, it remains to be seen whether it can sustain its meteoric rise and pave the way for further gains in the days to come.
NEOUSDT(NEO) Daily tf Range Updated till 09-04-24NEOUSDT(NEO) Daily timeframe range. very close to reach 23.44 before a retrace took place. recent retrace point is at 18.05. if it can hold above there reaching 23.44 wont be that hard.
Neo price recalled that they can not only fall but also grow?)Who knows what happened to the SET:NEO project, that the "Chinese Ethereum killer" woke up from hibernation and made a sharp 30% price increase?)
Maybe it will also wake up its "partner in crime" - NYSE:EOS ?)
But seriously, if #NEOUSDT buyers have the strength and intention to continue growing, then in the coming days they should defend $19-20 and not allow the price to fall below.
In this case, the targets for the #NEOUSD price to rise to $29 or even $36 in the medium term will become more than realistic.
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