NEOUSDT Weekly Chart Analysis: A Bullish OutlookOverview: NEOUSDT appears to be in a sustained uptrend, exhibiting a series of higher highs and higher lows on the weekly chart. This analysis will delve into the technical indicators and key levels that support this bullish outlook. Trend Analysis: Uptrend: The price action is clearly defined by an upward-sloping trendline, confirming the bullish trend. This trend has been in place since late 2022, demonstrating consistent buying pressure. Higher Highs and Higher Lows: The price is consistently making higher highs and higher lows, a classic characteristic of an uptrend. Support and Resistance: Support: The 200-week moving average, currently around $16, is acting as a crucial support level. This long-term moving average often signifies a strong base for bullish trends. Resistance: The previous high around $25 represents a significant resistance level. A break above this level could signal further upside potential. Indicator Analysis: Moving Averages: The moving averages are generally sloping upwards and are currently below the price, indicating support. This alignment of moving averages reinforces the bullish bias. MACD: The MACD is above the zero line, suggesting positive momentum. Although it has recently pulled back from overbought levels, it remains supportive of the bullish trend. Trading Strategy: Buy and Hold: Given the strong bullish trend, a buy-and-hold strategy could be suitable for investors with a longer-term horizon. Buy on Dips: Traders can look for opportunities to buy NEOUSDT during pullbacks or consolidations within the uptrend. Breakout Trading: Consider buying on a breakout above key resistance levels, such as the previous high around $25, with strong volume confirmation. Risk Management: Stop-Loss: Place a stop-loss order below the recent swing low or below the 200-week moving average to protect against a potential trend reversal. Trailing Stop: As the price moves higher, consider using a trailing stop-loss to lock in profits and manage risk. Conclusion: The weekly chart of NEOUSDT paints a bullish picture. The uptrend is well-defined, supported by key moving averages and a positive MACD. While short-term pullbacks are possible, the overall outlook remains positive for NEOUSDT.Longby Abdihalim11
Just an idea, lets see if we can execute...just a thought... If this becomes feasible I will bother about it later and provide a detailed analysisLongby chibbss0
NEO Performing Lower High ?After breakout in H4 trendline it seem performing LH so it mean we can see reversal if Bitcoin not doing something badLongby Calon_Sultan2
NEO/USDT: Strategic Entry into a Mature Blockchain PlatformI spend time researching and finding the best entries and setups, so make sure to boost and follow for more. NEO ( BINANCE:NEOUSDT NEO) is a cryptocurrency designed as a smart contract platform and decentralized application ecosystem. It is currently trading at $13.25, with intraday fluctuations reflecting the broader market's volatility. Trade Setup: - Entry Price: $13.1793 - Stop-Loss: $5.7390 - Take-Profit Targets: - TP1: $25.2672 - TP2: $43.2216 Fundamental Analysis: NEO, often referred to as the "Ethereum of China," is a blockchain platform focusing on digitized assets, smart contracts, and decentralized identities. Recent updates to its N3 blockchain protocol, which introduced more efficient transaction handling and interoperability features, have bolstered its appeal. Additionally, NEO's integration with DeFi platforms and partnerships with Chinese enterprises enhances its real-world utility and adoption. Technical Analysis: - Moving Averages: - 50-Day SMA: $12.80 - 200-Day SMA: $11.50 - Relative Strength Index (RSI): Currently at 62, indicating a slightly bullish momentum. - Support and Resistance Levels: - Support: $12.50 - Resistance: $15.00 Market Sentiment: With the ongoing global adoption of blockchain technology, NEO benefits from its established reputation and early mover advantage. Market sentiment has improved following announcements of increased development activity and integrations into various blockchain applications. Risk Management: The stop-loss at $5.7390 ensures controlled risk in case of unfavorable price movements, while the take-profit targets of $25.2672 and $43.2216 offer robust risk-reward opportunities. This setup requires disciplined adherence to trade levels given the market's volatility. When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave! Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.Longby SiriusTrading6
Neo chartNeo chart key levles. Each level can reject to a new low or offer support and push it up to the next one.by SecretSocietyCharts11
NEOUSDT Long Setup Setting / Spot TradeBINANCE:NEOUSDT CRYPTO:NEOUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 18 20 23.5 25 (Optimistic) 🔴SL: 12.88 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.Longby CrazySUpdated 12
Neo chartNeo chart. Neo just likes to be happy and share smiles with everybody.by SecretSocietyCharts13
Here I buy NEO at $25here I buy NEO at $25 buy orders starting at $25 And NEO supply shock is happening. I am millennial but I think like a boomer Dollar bills only money for me Technology and innovation for you do we have a deal? I thought I made it clear from the start I appreciate your effort and your dedication, you guys are really good boys but I have no time to waste anymore. I need to pump at least half of them before Christmas again, do we have a deal? Money for me and technology for you? If so, ok Longby btcbullshark116
SPOT NEO LONG 3.12.2024🎯Purpose: 29.64 ‼️We enter at 0.5% of the allocated money for spot trading. Longby Trades_for_Traders1
SPOT NEO LONG 1.12.2024🎯Purpose: 19.37 ‼️We enter at 0.5% of the allocated money for spot trading. Longby Trades_for_Traders4
NEOUSDT 1WNEO ~ 1W #NEO If you still have Conviction on this coin,. Buy gradually after breaking through the resistance line of this pattern. with a minimum target of 20%+Longby CryptoNuclear6
NeoUSDT: Bullish Momentum with Higher Highs and LowsNeoUSDT is currently in a bullish momentum phase, consistently printing higher highs and higher lows. This pattern indicates strong upward potential.Currently it is at 0.5 Fib level. WE gonna buy it here.Longby MarkhorTrader3
It May Sound Crazy, But NEO Could Be on the Verge of a ComebackWhile Trump is preparing to play a significant role in the US crypto market during his presidency, China is also looking for an opportunity to enter the stage. At this point, NEO's resurgence and rising from its ashes seems possible. Right now could be a very suitable time to evaluate this potential and take a position on the chart. Technical Analysis: - Strong accumulation phase - Bullish divergence forming - Historical support levels intact - Volume profile suggests smart money entry Price Prediction: NEO could surge to $360 when China re-enters the crypto space in 2025. NEO is a project that stands out not just against many others but also deserves to be recognized beyond the hype of meme coins. Additionally, with a strong Chinese narrative on the rise, NEO is likely to gain even more attention. China will not leave this market solely to the U.S., and with its renewed focus, NEO could once again reclaim its position among the top players. If this scenario unfolds, we could see a new all-time high for NEO, potentially reaching around $360 * If you find these predictions outrageous, just take a look at how SOL rebounded from its $7 low after the FTX crash to reach $240 again. This market operates exactly like that — first, it crashes hard, then it revives even stronger.Longby fsallnetUpdated 2212
CRYPTO OWNERSHIP LEGAL IN CHINA = $NEO BULLISHA judge in a Singaporean court has ruled cryptocurrency ownership is now legal in China. What does this mean? NEO is China's top cryptocurrency, also referred to as "Chinese Ethereum" with large stimulus recently been given to Chinese, and the fact the Crypto is now legal is China, we are about to see NEO wake up. I'm predicting an early classic cup and handle set up will come, and who knows where NEO will rise to.. $100? $250? $500? Who knows, but with China now legalizing crypto NASDAQ:NEO is about to go up to a whole different level, and I'm prepared... Are you? Longby REFLOWABLE114
NEOUSDTNEO ~ 1W #NEO If you still have Conviction on this coin,. This support block will be a very good buying place so far,. with a minimum target of 20%++Longby CryptoNuclear117
#NEOUSDT Weekly#NEOUSDT Weekly BINANCE:NEOUSDT is currently accumulating below the mid-resistance👀 Overall it's a massive bullish flag🔥 Short-Term I am looking for ranging between mid-resistance & demand zone, then get ready for breakout🚀 🎯mid-term target - 16.21$ 🎯mid-term target - 20.24$ 🎯long-term target - 24.48$Longby VIPROSE1110
NEOUSDT: Trend in daily time framePlease pay special attention to the accurate trend, channels, and very accurate colored levels Be careful BEST MTby MT_TUpdated 6
NEO → movement in the coming days !!!If we use the pitchfork for NEO chart we can see that the price couldn't break the middle line of the pitchfork , so this means that the price would reach the bottom of the pitchfork and than start It's uptrend movement . ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard .💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Longby CobraVanguard2245
NEO Analysis - What Shall we Expect !!!BINANCE:NEOUSDT As you can see, the price is in a Megaphone. If the price can break this megaphone, we can hope that the price will act like a Crab pattern and the price will grow well. ❤️Stay awesome my friends. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguardUpdated 2251
NEO (NEOUSD) Long Trade TargetsNEO (NEOUSD) Long Trade Targets On the 1 hour time frame, we got a clear LONG trade setup up. Entry: $9.45 Stoploss: $9.19 Targets: TP1 and TP2 done Exiting partially here and waiting for the TP3 and TP4 Follow for more insight, trade setups and charts. Best regards. Longby ProfitsNinja3
NEO | Smart Economy: Keeping It SimpleTo warm up, let's look at Neo while keeping it simple. ➖ In 2020 we have a major low on this chart, the All-Time Low. This low comes as part of a consolidation phase after a major bear-market. ➖ The consolidation phase leads to a bull-market, that is, a strong bullish wave. Neo has been printing higher lows long-term. ➖ After the 2021 bull-market, we have a bear-market that leads to a new consolidation phase. This consolidation phase is marked by long-term higher lows and takes us to present day. 👉 As this consolidation phase comes to an end, we expect a new bull-market to develop. This how we look at the chart keeping it simple. As supporting signals we have the rising volume. Volume has been rising since February 2023, and we can appreciate the highest bullish volume ever in April 2024. ➢ Is the low in? ➢ Will prices move lower or start rising next? These are the questions that comes to mind after this short analysis, and the truth is that it does not matter. ➢ What type of strategy are you using? ➢ What are your goals? Spot traders can start accumulating because we are obviously in a long-term accumulation zone. Short-term traders would have to look at smaller timeframes and thus this type of analysis is not for them. So it all depends on you, on your own individual goals, your trading style, your capital and the rest. Remember, it is not a game of catching the bottom or the top, nor being right or wrong, it is about being profitable and improving (growing) as we go. We use trading to achieve financial freedom and we use this freedom to do the things we love. It cannot be denied, the Cryptocurrency market is changing the world. Namaste.Longby AlanSantana1123