#NEO/USDT is trying to break the Diagonal Trendline in 4-Hour TF!
NASDAQ:NEO needs to clear the PDH $11.15 resistance level to gain the bullish momentum. I am expecting #NEOUSDT bullish momentum. The local resistance level is PWH $11.75.
💎 Paradisers, brace yourselves for an exciting trading opportunity with #NEOUSDT, as it's currently lining up for a bullish turnaround from its support zone.
💎 A look back reveals NASDAQ:NEO struggling to surpass its previous high, leading to a bearish sentiment. However, the tide seems to be turning. At the support level of $10.08, where it has already stirred...
The technical analysis of this asset reveals a dynamic and progressive impulsive wave system. As you've already noted, I place significant importance on historical data since the cycle tends to repeat itself. Currently, we are in the (b) phase, where in the past, we observed a robust consolidation followed by a powerful impulsive surge.
💎 NEO has undoubtedly garnered considerable attention in the crypto market, showcasing a significant rebound from its demand area. This resilience highlights the strength of the demand, hinting at NEO's potential to resume its upward trajectory.
💎 The focus now shifts to NEO's ability to breach and establish above a crucial resistance level, a move that...
NEO, in a pivotal moment, grapples with a substantial weekly imbalance, acting as a steadfast barrier to further upward movement. Traders are eagerly eyeing the potential for a breakout, especially after three resilient tests of this crucial level, suggesting the emergence of a genuine upward surge.
📈 Key Observations:
💡 Formidable Weekly Imbalance:
NEO contends...
💎 NEO has recently become a focal point in the market, particularly with its bounce from the demand area. This rebound highlights the strength of the demand in preventing further price drops. There's a strong possibility that NEO might continue its upward movement, probability aiming to break through our identified strong resistance area.
💎 In the demand zone, a...
Neo has potential to reach around 20 $ , and it is one of the powerfull and oldest coins on market , now we can take this position wit Over 3 Risk/Reward lets take it
NEO is looking good in a weekly chart and is showing positive signs. After flipping the level in RED It will be a good time for an entry. If a daily or 4h candle closed above the level, you can an entry on this.
All the information you need is right there on the chart. It’s important to set a stop-loss, which is like a safety net to limit potential losses in case...
