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...
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...
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 comes...
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