NEO / U.S. Dollar

NEOUSD BITFINEX

BeyondEdge

NEO looks to be heading towards the horizontal resistance for a fourth challenge. Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based on the information provided. Trust your own...

Rykin_Capital

Yup, we're going South. Some Fib targets off the latest zigzag are shown.

ForecastCity

Third Chance Trade Setup summary: Profit targets=203% = {TP6 = 16% + TP7 = 37% + TP8 = 61% + TP9 = 89%} Stop Loss =24% Reward/Risk > 8.4 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (23.0500) again. if so, traders can set orders based on Price Action and expect to reach short-term...

ConnorNix

Seems we might be showing a inverse or reverse head and shoulders pattern so hopefully the upward momentum will continue :)

Rykin_Capital

At the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.

ForecastCity

Second Chance Trade Setup summary: Profit targets => 76% = {( TP4 (20.61120) = 27% + TP5 (24.30101) = 49%)} Stop Loss => 21% (14.50133) Reward/Risk > 3.6 : 1 New Trading suggestion: . There is still a possibility of temporary retracement to suggested support lines ( 15.55 & 16.87258 ) again. if so, traders can set orders based on Price Action and...

ForecastCity

Trade Setup summary: Profit targets=2605372 pip (194323 + 431448 + 805310 + 1174291) Stop Loss =423240 pip Reward/Risk > 6.1:1 Current Status: Total Profit: 1922075 pip Closed trade(s): 733235 pip Profit Open trade(s): 1188840 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 2020.07.09...

ForecastCity

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9.59874). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NEOUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...

meszaros

NEOUSD Long Enter at 9.19usd. In the exchange rate, we try to trade the rule that the ATR closes with a symmetric motion of the wave sequence. I've written about this set of rules many times. It is based on the simplest and fastest way to identify a wave amplitude near the ATR closing values when constructing an exchange rate (either). If the same amplitude is...

meszaros

NEOUSD further rise. The exchange rate builds a rising wave system. My analysis assumes that we are nearing the end of a 2: 1 fractal copy. You can see that the correction fractal is currently being duplicated twice. Therefore, I assume that once this is completed, the exchange rate will return to north again. Target price 18.93usd

Trend_Analyst

Elliott Wave Interpretation. All levels are based on the termination of wave 3 at 19.25. This is where wave 3 will have travelled 161.8% of the distance travelled in wave 1 and is the most common Fibonacci relationship between wave 1 and 3. Should we break through this level this analysis would no longer be valid.

idbb1

BITFINEX:NEOUSD Nice setup for $NEOUSD in February Overall, the bearish case looks weak with a few divergences that had already happened in the past few weeks on the way down. The support build-up sits at EMA-50 and EMA-200. Buy orders should be placed around the $10 mark with tight stop losses around $9.5 for both targets. Target #1 The first target...

meszaros

NEOUSD long. TP 13.53 usd. I suppose we see fractal copying. The red narrow square in the analysis is the "spike area". The narrow green blue rectangle indicates the fractal shift. The right side arrow shows the direction of the shift. I see the exchange rate correcting, so I'm waiting for a north turn. The target price for the next wave sequence is 13.53 usd.

ForecastCity

Technical analysis: . NEO/Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (8.5 to 6.5). if so, traders can set orders based on Price Action and expect...

SaSuKe96

awaiting rejection of 11.20 . r/r 0.50%

mgibson91

A possible aggressive long entry due to Fib level and MA confluence within pennant. These may (as well as the preceding bullish impulse) allow a peaceful long entry before a bullish breakout to next Fib level

Monfex_UK

Hi, Traders ! Monfex is on the air ! NEO looks like a very attractive Buy in a mid-term horizon. * NEO is the 18th largest digital asset with the current market value of 766 million and an average daily trading volume of $440 million. * NEO spiked at almost $13.40 on 28/10 and then noticeably retreated to as low as $10 level. * After that, the coin has been...

meszaros

The similarity of the fractal sequences in the analysis is given by the same percentage of the initial rise. Although I have written about this many times, I repeat that comparing the percentage is because the vertical scale is logarithmic. So the rule is to measure the percentage of displacements. For linear scale division, vertical measurement is done with...