Possible break out or break down? See notes
See my notes on the chart Triangle forming is this an upward ascending triangle?
NEO still follows extremely bullish trend. Consider potential corrections to come before buying.
The price is going to move downward for short term. RSI reverses in the overbought zone and it confirms price reversal. The support zone is formed by the uptrend line and 40.50 and 38 levels. This zone is a good place for buying. Long trades must be opened based on a confirmed reversal signal. If the market drops below 38.00 level, we'll see further downward...
Small pennant forming now, possible breakout before next dip.
A way to increase ETH holdings. Looking to TP if topside of the pitchfork is used as resistance once again. But hoping to see a breakout similar as we did in ETH. ICO's in early September is a long way away but holding seems good.
Is it only me or can you also see the similarities between these two rallies? Not only how it tested the top and then failed into a downtrend, but also how the downtrend was broken. Not to mention the Volume Profile with the VPOC on the top.
Elliott wave 5 is coming. each red line is a 50% retracement. place the length of Elliott wave 3 above the recent high and you'll have your Elliott wave 5 target.
So, tons of charts on NEO I'm sure, but I thought I'd add my 2 cents from an amateur perspective. Nice uptrend after the correction which has crossed over both EMA (9, 30), so looking bullish there. Price action tracking well against RSI too. I didin't include the Bollinger Bands, but price action is on the plus side of that as well as Stoch. Also, when I did...
Hey everybody, As you can see there's a reversal head and shoulders formation. MACD confirm the uptrend! The first target should be around 0..012 but remember that it's the continuation of the cup. So now we have the confirmation of a cup and handles and it can go really high. Thank you, Cryptoz
I already bought few at first call, day before yesterday. Today if it dips below $30 I'm going to update here and will go all in to NEO.
The price bounced from the uptrend line and 0.008000 support level. RSI confirmed price reversal. We have a buy opportunity. Entry level can be above 0.009625 with stop orders below 0.007800 level. Profit target should be at the previous market high. The part of trading volume can be left for long run.
Drew some lines, let's see where it goes. I'm in it since ICO for the long run and love making daily GAS while keeping coins in wallet.
The market made a huge jump upward. If you could buy before the starting of this movement you must be in good profit now. As for those who missed such trading opportunity the best variant is to wait for a correction. Based on the daily chart we can draw an ascending price channel. The price tries to move above the top border of the channel. Buying from current...
Living the right time. If it falls, we are lucky to stack up more NEO to earn that GAS! Set buy order at 0.00775, 0.00773. Or else set at 0.00778. Regardless, keep watching the chart and check if it's breaking down 0.00766 or not.
NEO preparing for it's next rally after BTC enters it's much needed correction. RSI shows NEO is oversold right now, and ready for a reversal to an uptrend.