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Neo3

NEO Up or DownWe could break the triangle either direction at this point. Volume seems relative, no real revelations there. MacD is about to get a crossover on the daily which could lend to the more bullish perspective here at least for the short term. Many coins are in this pattern and in general most look like a bearish pennant. But when looking from weekly perspective things looks more bullish. My main question is WHO WILL BE BUYING? In the US people have already used up their stimulus checks, and many people were burnt by the big drop recently. I can't imagine that many retail investors have been sitting on the sidelines waiting for this pullback, since most newbies FOMO in at the top just like the institutions like. Curious to hear any input anyone has about where the new buyers will come from. 👇👇👇👇Join the discussion👇👇👇👇
by Eldal
3
NEO 12h Growth, correction, growth. Interesting coming monthsFor two long months we did not update the NEOUSDT idea. But during this time, a lot of interesting things have happened, so let's figure it out. To begin with, the previous idea worked out well for 2 of the 3 targets below , those who wish could have a tasty buying of NEO at $12.5 before the New Year. Further, a not bad x2 growth has been going on for a month, which stopped before the level $28.15 , which we noted as important in the first NEOUSD idea back in September 2020. Even then they wrote that we were waiting for NEO for $13. Hm...., you ask, what's next? And then, we expect NEO to grow to $31.50 , after which it would be nice to correct this mini pump) We consider the level of $17.50 to be the ideal launch site for the growth rocket , somewhere in early spring. The growth itself is possible up to the zone $44-46 . Nearly these figures will be the first profit taking of medium-term traders. The growth itself will be fueled by the news background around NEO 3.0 , there are a lot of releases promising for 1-2Q 2021 and again they talked about NEO as "Chinese Ethereum killer" as if 2017-2018 are back in the yard again) _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
11
NEO 3.0 - The biggest chance of a lifetimeWe believe NEO is one of the better cryptos out there. Marketability as the ETH from China is still existent. So a few reasons why we are super bullish on NEO and believe this is the chance of a lifetime: they are releasing NEO 3.0. It is still the ETH from China and can be easily marketed as such. an RSI Divergence in the bigger timeframe NEOBTC hit the most bottom trendline hit bottom of a possible triangle which in case it resolves bullish, would give incredible returns we had an ichimoku cross on the Monthly chart on which we took support. This should drive us to at least 50$ Total Chart has made a higher high. Other cryptos are looking super bullish such as BCH and IOTA. Not investment advice.
Long
by don_rene
NEO 12h Still the situation is under sellers' control Despite the BTC growth, sellers on the NEO chart feel pretty confident. Fixing the price above $18.50 could trigger the growth to $20.16. This is the level that sellers should start to strongly defend. But so far this has not happened, and the entire crypto market is supposedly preparing for a correction. NEO may begin to fall in value too. The first medium-term target is the level $14.50. Below is $13.50, $12.50 and globally $11.16. But, by this time, we will most likely refresh the idea. Therefore, like and subscribe to us to be the first in the course of events.
by P_S_trade
NEO.We are waiting for $13 and do not believe in breaking $28.15Recently, there has been a lot of encouraging and positive news on NEO. As a result, x5.5 growth in half a year may still reach x6. The final stage of positive news should be in 4Q 2020 and the result is the launch of NEO 3.0 Mainnet. However, it will be later. At the moment, we believe that this parabolic and uncorrected growth should be cooled. So, in the coming days, the maximum we expect from NEO is a sharp short squeeze to the zone $27.5-28, no higher than $28.15. Short squeeze will be active if they manage to raise the price above $24.6. Globally, the beginning of a protracted and rather deep correction into the NEO accumulation zone is not far off. Here buyers happily greeted Neo with both limit and market orders. It is the level $13 and the zone $9.8-10.5. _____________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
3