There is a possibility for the beginning of an uptrend in NEOUSDTechnical 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 temporary retracement to suggested support zone (17.223 to 13.665). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (17.223)
Ending of entry zone (13.665)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 21.600
TP2= @ 26.771
TP3= @ 34.730
TP4= @ 41.500
TP5= @ 47.850
TP6= @ 57.858
TP7= @ 85.152
TP8= @ 107.212
TP9= @ 140.500
TP10= @ 160.667
TP11= @ 200.60
TP12= Free
NEOUSD.P trade ideas
There is a possibility for the beginning of an uptrend in NEOUSDTechnical 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 temporary retracement to suggested support zone (15.755 to 9.832). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (15.755)
Ending of entry zone (9.832)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 20.825
TP2= @ 26.771
TP3= @ 34.730
TP4= @ 41.500
TP5= @ 47.850
TP6= @ 57.858
TP7= @ 85.152
TP8= @ 107.212
TP9= @ 140.500
TP10= @ 160.667
TP11= @ 200.60
TP12= Free
A trading opportunity to buy in NEOUSDTechnical 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 targets.
Beginning of entry zone (0.1860)
Ending of entry zone (0.1380)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 43.13
TP2= @ 47.85
TP3= @ 59.04
TP4= @ 67.88
TP5= @ 93.24
TP6= @ 113.74
TP7= @ 140.50
TP8= @ 163.42
TP9= @ 200.60
TP10= Free
There is a trading opportunity to buy in NEOUSD 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 opened 9 BUY trade(s) @ 36.06691264 based on 'a reversal candle (Valley)' entry method at 2018.07.02 in our suggested support zone (34.73 to 24.65).
Beginning of entry zone (34.73)
Ending of entry zone (24.65)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 47.85
TP2= @ 59.04
TP3= @ 67.88
TP4= @ 93.24
TP5= @ 113.74
TP6= @ 140.50
TP7= @ 163.42
TP8= @ 200.60
TP9= Free
Neo/USD Slowly coming in to Buy zoneOne of the beauty of the bear Market is, it gives good opportunity to accumulate GEMs. Neo is one such coin/token which is very attractive at the current rate. Fundamentally, Since China is thinking about its stance on Crypo Currencies, Neo is at the very strong position. It is one of the safe investment at the current rate with its penetration in term of ICOs, development to increase transaction rate per second and several other features including but not limited to earning GAS while holding Neo.
In terms of Technical Analysis, at present Neo is hanging around the support level in the falling wedge. It broke .236 Fib level support and started penetrating into the deeper and more solid support zones around 27.5 to 28.5 USD.
Ladder buying around 27 to 29 USD is considered safe to open long. Stop loss is around 23 to 24 USD. Not indicating any possible target as NEO is a GEM and long-term gain around 10X is easy in 2018 (~250 USD).
This is not Financial Advice and strictly for educational purposes only.
There is a possibility for the beginning of uptrend in NEOUSDTechnical 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 Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (60.00)
.Ending of entry zone (44.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 80.60
TP2= @ 94.30
TP3= @ 107.00
TP4= @ 140.50
TP5= @ 166.90
TP6= @ 200.60
TP7= Free
neo-usd looks goodneo 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)
