Neo seems to be bullish in short term.
If bulls continue to pump it targets are as shown in chart.
If it crosses 0.00340 satoshi then NEO can give us minimum 15% profit.
Technical analysis:
. NEO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue .
. The price downtrend in the daily chart is broken, so the probability...
Technical analysis:
. NEO/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
Technical analysis:
. NEO/ETHEREUM is in a downtrend 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 48.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. NEO/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
. There is a valid and clear divergence in the price chart so the probability of the beginning of uptrend is increased.
. While the RSI and the price downtrend in the Daily...
Technical analysis:
. NEO/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. Price is in the support zone (0.1860 to 0.1380), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term...
Technical analysis:
. NEO/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have already...
Short NEO as it broke the short term downtrend line shown in purple, signaling more bearish sentiment.
1)The immediate support range will be 78.6% Fib. Retracement level and the 0.004496 BTC level. These will act as major support.
2)Neo is in a major downtrend since February as shown by the downtrend channel in sky blue.
3)Major resistance range will be...
Technical analysis:
.NEO/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 39.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (60.00 to 44.00). if so, traders can set orders based on...
NEO/BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line (0.0078), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price...
neo is retesting support.
for confirmation of breakout
if support stays strong, it can reverse from current price
so u can enter at current price
with stop loss at 34.4(where it falls below cloud, which means strong bearish)
