Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.001300). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEOBTC 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....
Well, as you can sell $NEO has been pretty active lately and is one of the most losers coins in % between the last year and now, so you can expect a solid recovery after all that downswing.
Consider entrying at new support and expect to collect proftis quickly imo.
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All analysis and explain in the chart
The break out point and target 1 and 2 in the chart.
Good luck guys.
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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 45.
. While the RSI downtrend is not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability of the resumption of...
NEO/BTC are Retest on Support level and now stochastic cross over we can Assume that price will be reached 0.004000 on Resistance level.
very opportunity for mid term and long term traders also.
Let See.....
Stay Tuned.........!!
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 of...
NEO Looking weak Bullish Signal.
As We know that the use of ichimoku cloud system .
I have explain every think on chart !!!
Check it read it properly.
Note: This is only for Educational Purpose this is not an Investment advice.
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Here we have higher highs on price action and lower highs on RSI - we are losing momentum.
Either it will be upcoming retrace or may be Not.
We Saw bearish divergences in 4 Hrs so market May be take retrace or may not be
Let See what market show Us.
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your...
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 temporary...
Neo is on breakout at shorter time frames, for bigger times to break it need retracement and then it will go Kaboom.
Red Lines are potential buy zone and Green lines on smaller time frames shows potential targets. I am neutral on it for bigger movements.
Thanks
Chakshu Goel
T.me
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...
