As most of you know BITTREX:NEOUSDT has been getting a lot of attention lately, BITTREX:NEOBTC is very similiar to BITFINEX:ETHUSD in many ways , lately a lot of Ethereum projects have moved over to NEO. NEO is said to have the support of regulatory agencies and the business community in general. Beyond China, the main potential is in how NEO can better...
After initial boost it might be almost time again for NEO to pump up. Like always only trade a large bullish break-out candle with high volume above the descending trendline.
This is just a beginner idea, if you have any advice for me please let me know
In a previous post I shared a few points on why I believe NEO is a good coin to trade/hodl. If you take a look to Ethereum's chart around March 2017, you will notice a similar behavior with NEO... well, let me rephrase that, if you compare a current chart of NEO with an Ethereum chart from March 2017, you'll notice a very similar behavior. NEO is being called...
This is a revised chart from a previous post. NEO -0.97% appears to have bounced off the trend line of a lower uptrend line. Price still within local -1.93% down channel but I believe this past downward movement to simply to be a market correction. This coin has great potential. I predict the price to adopt the less steep and more sustainable trend of the upward...
As we all know Neo has potential to become the new Ether. Solid fundamentals and support. Sorry for updating the chart late (I had a problem with my computer so I had to uploaded again). As you can see, we are already on PROFIT. I think that the correction its over and we should expect the price to follow as I show on the chart!. If price break the support line...
I'll try to update if anything turns out
NEO appears to have bounced off the trend line of a lower and less steep uptrend line. Price still within local down channel but I believe this past downward movement to simply to be a market correction. This coin has great potential. I predict the price to adopt the less steep and more sustainable trend of the upward channel with the bold line.
The market broke through the local downtrend and, probably, reversal Head&Shoulders pattern forming. Local swing high is approximately 43, I think it is a good point to enter. Someone very large entered the market, the biggest candle is seen on the chart. And some fundamental support: NEO has 3 meetings in the next few days. One of them is with Microsoft.
After 6 days of consolidation from all time highs, we are getting the first signs that the bulls are ready to confirm they have established the higher low on the daily chart. We must see a break of $42 to confirm this, but we are seeing our first signs on the hourly with a higher low set and some bullish action following it. If we get a break of $42 we will look...
Neo has been in a period of consolidation which is healthy after a long run in both price and volume. Right now we're in a slightly downward channel (the green bars). On the 45min and 1hr chart we're seeing the potential for a bull flag/pennant forming at the end of the chart, which could indicate a trend reversal. Watch for the flag to form and break the upper...
If we look at the 4H chart of NEO, we can see a trend reversal chart pattern. Head & Shoulders pattern on the top gives a signal that the market is going to move downward. For confirmation this price movement, we'll need a price breakout below the signal line of H&S pattern. If so, the market will be able to drop to 15.50 level. For reaching this target based on...
If Neo will bounce on 30$ area it will go higher, if not, next suport is at 16-20 $
We have a nice repeating pattern of bounce and consolidation on NEO/BTC (Bittrex). The last to rallies have gone past the 1.618 fib level. A similar pattern looks to repeat itself again now, setting us up for a potential long entry. The 2H MACD gives a great signal for entry. When the price level breaks the resistance of the downward trend, and the 2H MACD...