The Neo Crypto took rebound from the 50 day exponential moving average and surged higher.
The crypto trades near the monthly high value and may resume its way on the higher side.
The Neo crypto extended the rally on the second consecutive day and surged over 7.51% Intraday. The bulls are in control of the trend and are poised to surpass the monthly high value....
In the early hours, the price surged from $48.37 approaching $50 and beyond for today's new high. Coming across setbacks again, NEO failed to rally further from this point, sails at $4747.5. Moving out from the ascending channel, looks like there are more chances for a downtrend. However, if the momentum resumes, then it might set back to $49. RSI drips at $27,...
Hello masters, hope you doing well.
Update for all NEO lovers, NEO looking extremely bullish right now. Breakout from bull pennant and successfully restested. I have mentioned price targets am watching for upcoming days. Here's the one thing, it's daily chart and for good gain you have to hold until next run so don't look this as high leverage positions like...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (46.30). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEOUSD is in an uptrend and it is expected to continue.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at...
hi folks
I was doing technical analysis for NEO and found that it getting increasing trading volume plus its down about 90% from it's all-time high and main thing this time ETH is already near to its all-time high I decided to put my all ETH into NEO because another fact is that Neo3 is near!
Third Chance Trade Setup summary:
Profit targets=203% = {TP6 = 16% + TP7 = 37% + TP8 = 61% + TP9 = 89%}
Stop Loss =24%
Reward/Risk > 8.4 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (23.0500) again.
if so, traders can set orders based on Price Action and expect to reach short-term...
Second Chance Trade Setup summary:
Profit targets => 76% = {( TP4 (20.61120) = 27% + TP5 (24.30101) = 49%)}
Stop Loss => 21% (14.50133)
Reward/Risk > 3.6 : 1
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support lines ( 15.55 & 16.87258 ) again. if so, traders can set orders based on Price Action and...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (9.59874). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEOUSD 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...
Technical analysis:
. NEO/Dollar 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.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (8.5 to 6.5). if so, traders can set orders based on Price Action and expect...
Technical analysis:
. Neo/Dollar 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.
. The RSI is at 68.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (8.50000000 to 6.50000000). if so, traders can set orders based on Price...
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 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (10.3100 to 8.4295). if so, traders can set orders based on Price Action...
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast beginning of uptrend.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 78.
New trading suggestion:
*There is still a possibility of temporary...
