Neousdt 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....
After 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.
Neo 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...
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...
# 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.
#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 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.
📊 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...
NEO 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...
LONG #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...
Neo 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.
NASDAQ:NEO
UPDATE
NASDAQ:NEO is exactly on the way as predicted already in good gain upto 100%+. Now this is again getting a good volume. We can see again gain upto 30%+ here
#NEO #NEOUSDT #NEOBTC #NEOBNB #BNB #BTC #CRYPTO
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...
