A very clear head & shoulders pattern has formed on NEO. This pattern usually indicates incoming bearish movement. Be careful if you are buying into NEO now, I expect it to drop down even further before bouncing off .007 - .0075 support. It's possible we see a bounce at .009 as well. Good luck! Join our trading community here on Discord: discord.gg
NEO making a decision on the 4hr ichi. RSI looking positive, VOL increasing. I am neutral for the next 12 hours.
Opportunity arrises for NEO in coming weeks as the rally overextended and now begins to retrace. Many novice traders jumped in at the highs on fear or missing out, but are now forced to hodl during the correction. Although Neo fundamentals support a higher price a retrace back to the June highs (0.0054) is possible. The Macd is crossing down with the 4h chart...
The cryptocurrency Neo (formerly known as AntShares) has given a lot of talk lately. There is too much hype around the "China Ethereum", but I think it's time to correct. Volume is decreasing on SHS pattern. Target should be around 0.08-0.095 zone. Note: Trade at your own risk, this is an especulation.
Shoulder head Shoulder Pattern. it broke the Neckline. Looks like it goes down.
NEOBTC hit 0.0095 on the spot, safe spot to buy-in unless you want to wait till 0.009
NEO is currently on a bullish rally. And in short-term consolidation forming a symetric triangle. Current levels are above historic uptrend (light-yellow), but still there is possibility for short-term profit according to TA. Entry/Exit/TP levels are shown in the assumption ATH at 0.01398 will break, this could lead to the next level near 0.0187 with a R/R of...
Drew some lines, let's see where it goes. I'm in it since ICO 0.00% for the long run and love making daily GAS while keeping coins in wallet. *by mistake I left some Horizontal lines in previous chart. This is a cleaner version
Long story short, EURUSD went up, made BTCUSD to go up, made ver2, for the details you can see the previous idea
While I have a long core position in NEO, I'll be watching for this H&S top to play out for another entry long. So far, waiting for RSI confirmation and neckline break, but even the decline in volume during its formation is pointing to further consolidation. A 35% downward move would bring us to a previous resistance around 0.0065 and, depending on market...
Unfortunately, recent ideas are heavily biased. I stopped sharing mine till I can test them for few days. I made 200% profit on last two investments. Here is my prediction for $NEO / $BTC for the next few days
With good news re partnership with NEO/BTC and a great team behind it, low market cap combined with a relatively low coin supply. This company coin should easily hit my next projected target of .00064
Volume in waves decreses. Short your NEO, the hype is over...
So far NEO is perfectly following the Elliot Wave pattern and could potentially form an H&S along the way. Chances are high as MACD and RSI also indicating a down trend.
Hello, I updated my previous chart on NEO/BTC because I found out that things seems to be more accurate in Log Scale. As you can see on the charts, NEO is inside an ascending channel (two black lines) and in the last days, its price keeps bouncing inside the channel and between different FIB resistances (some in colors and other in dashed black lines). If you...
NEO doesnt seem to be slowing down even with low volume with the recent bull run of BTC Market Enthusiasm to much for the bears? Thoughts?