Neo strongly climbed up to top ten at early this year.
before back out from top 10 marketcap.
There should be a momentum on weekly chart.
before that, price need to be flatten. after climb.
it look price shringe now on d1. mark the price at 9k sat to gop up.
Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later.
As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this...
As i mentioned in my previous idea i was expecting a breakout to the upside around 2359 area if we could breakout 1600 sat area.
You can check my previous idea from down below.
But from there, price bounced down because BTC having rough couple of days and of course it needed a price consolidation after such a huge run over a year!
If btc price doesnt drop to...
Neo does not seem to affected by yesterdays sell off and we are at a important price area between 1600 sat and 1530 sat!
Neo is in overbought area daily and volume is decreasing. But not going down a lot in market sell off is always good sign.
If we can hold couple candle stick in 4h chart between this area and volume start to rise i expect price to go much...
We are seeing a very clear resistance around this red line level, a clear breakout will send it up 16% at least against bitcoin.
###NOT FINANCIAL ADVICE###
Today the market experienced a sudden correction that made most of amateur traders so nervous!!! But do not panic folks I believe this one was made by whales movements and market makers plans. As the result we could see a lot of capitals were liquidated due to this correction!!! This trap is for those kind of traders that gamble on high leverages and this is...
Long NEO/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
Hey guys
As you can see on the chart and according to BTC moves these days I think we'd better focus on BTC pairs.
As a start I'd like to share this short term analysis.
Hope we gain good profit.
Entry: 0.001041 to 0.001085
tp: 0.001237
0.001402
sl:0.000912
Neo had a good run for couple of months after a strong momentum to the downside. It did bounce in a triangle pattern before a strong breakout to the upside.
Volume decreased a lot lately and we are now in an overbought zone. We need a good volume and buying power to break the resistance line coloured white.
Above this area we can fly high if there is good...
Chart is pretty self explanatory. Breaks above 200MA often precede pumps, as do Golden crosses (when the 100MA crosses above the 200MA)
Right now BTC is pumping, which is either another head fake to distract from altcoin setups, or, if BTC.D pulls a reversal, then ultimate alt season really will be postponed.
I'm bullish on NEO either way (see previous charts...
