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NEO / Bitcoin

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NEOBTC trade ideas

NeoBtc trading opportunityGreat time for neo as the Chinese news is making the market rosy, price manage to breakout from the very long term falling wedge. At same time the downward wave seems also to be completed. I expect rapid move to follow with this. Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation. Level to watch for are: POSSIBLE ENTRY ZONE Possible Support LEVEL SELL TARGETS Do know that I appreciate your effort and the time spend in reading and watching my posts and Please leave a LIKE and FOLLOW us for more updates. Thank you
Long
by weslad
2
NEO more than 50% profit in BTCHello, Traders! Monfex is at your service and today we overview NEO/BTC, log scale . NEO is in the falling bullish wedge and has MA100 near resistance line. It's with a bullish divergence by RSI. Support, buy zone ~ 0,000850 Target zone ~ 0,001500 Stop lose - 0,000820 Almost 2X in this trade. Breakout of the resistance line will be the best confirmation of this idea! Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Long
by Monfex_UK
NEO / BTC Falling Wedge. Lateral movement inside the wedge 50/50NEO / BTC Falling Wedge. Lateral movement inside the wedge. 50/50 I see everywhere a lot of NEO signals give a big increase .... I wouldn’t enter a deal in growth now. Now the situation of uncertainty is 50/50. ______________________________________________________ You need to wait until the price drops to the lower trend descending wedge, and then wrest the movement of growth inside the wedge from the trend. Or wait until the price rises to the upper border of the wedge, breaks it, consolidates above the downtrend. Then there will be confirmation of a bullish turn. ______________________________________________________ Please note how the trading idea about this downtrend coin, published 7 months ago, worked well.
by SpartaBTC
2
NEOBTCNEOBTC update Entonnoir : W/D/H4 (swing) Biais weekly haussier avec le prix qui vient du bas de la compression (blanc). Le daily vient de sortir de sa compression (jaune) de façon fulgurante. Nous en sommes certes à la première impulsion ce qui la rend tradable, mais vu la taille de celle-ci je préconise de ne pas rentrer avant la prochaine sortie de compression H4. ————— Funnel : W/D/H4 (swing) Bias is bullish on weekly as the price is coming from the bottom of its compression (white). The daily has broke out of its compression (yellow) but seeing the size of this candle I would not go long before the next compression breakout on H4.
by Somstradamus
Neo, High Risk Reward Ratio Trade as China embraces BlockchainChina market makers and syndicates are very well known for their scheme and operations. I am not surprised that these whales have their intentions well solidified and they are just waiting for the good enough catalyst for their massive operations. Rule 1: Fundamental doesn't matter (in the sense that it doesn't matter if Neo will never beat Ethereum in adoption, they have strong backings and that is what matters) Rule 2: Whales are very greedy and wants to maximize their profit. Rule 3: China is full of whales and syndicates and they are very elaborate in their operations, for proofs, Malaysian stocks market are mostly operated by Chinese and you can study Malaysians stock market penny stocks pump and dump history. Rule 4: In order to maximize profit, whales and smart money must inflict the most pain to the retail users. Having a shill youtuber rage quit crypto just few days before Bitcoin spike was a prime example of how whales manipulate and play with people psychology. Anyways, good riddance of that guy. 2017 was a lucky year for everyone, 2018 and 2019 was a testing year. How far can Neo goes? I don't know, I don't have the secrets. However, my algorithm can "smell" something is cooking here. Is this the best risk reward trade? Maybe. If it can do 10-20x, then, even a small risk taken can still result in massive profits. Can Neo break All time high? Depends on the overall market. Market is very dynamics and so one strategy needs to adapt and follow the market. There is never a trade that works. Whales can simply drop a coin 90% in order to tell people that they means serious business. Looks at all those chinese coins in Huobi. Dropping 90% deosn't mean it is dead, it just means that Whales want to accumulate more and they can only do that by lowering the price enough that retails will simply sell and rage quit. This game is not for the fainted hearts. And that's why most traders will lose money. Because they stick to their old school traditional technical analysis thinking that they can beat the whales and smart money by doing that. If you can't play this game, go find high paying jobs, this game is not for everyone. I don't have time to respond to anyone or anybody either. This account remain a troll account. Regards.
Education
by UnknownUnicorn735418
NEO looking mighty bullish$NEO broke through previous resistance and is entering a new channel. On top of that, it has rose above its 50 day moving average, and the MACD is showing some bullish signals as well. The Bollinger Bands have been squeezing around the price since accumulating back in August, so it's likely to pop. BTC made the drop to 7,500 today, but most alt/btc pairs remain relatively unscathed, and some are even pumping. NEO could potentially make it to above 1000 SATS before December or higher if it maintains this general direction. I'm not a professional. Take my opinion with a grain of salt, as you should with all investments.
Long
by BikBookly
NEO/BTC worth a look - Bullish reversal situation QuantRsi 1DAt first glance this NEO chart looks like consolidation with dwindling volume, however the QuantRsi and Heffae Cloud indicators paint a potential bullish scenario. First there is the Daily cloud entry, which is a sign of bullish reversal. The inter-cloud paths still pose a threat of heavy resistance, but historically, high timeframe cloud entries like the one here can lead to bullish reversals more often than not. Second, the QuantRsi has an inverted HnS chart pattern with a clear step above neckline. These QuantRsi chart patterns often lead price reversal. Third, the QuantRsi trendline that forms a triangle of sorts has crossed, but without confirmation. The prior candles that did cross failed the re-test, as well as Sept 17th rejecting off the daily cloud. I plan on buying a retest of the QuantRsi trend, with a stop below the daily cloud bottom. This is a perfect storm for bullish reversal. First takeprofit / re-evaluation level is at the top of the daily cloud around .00103 Apologies for the botched title screenshot, the way TradingView handles chart preview for published ideas is abysmal
Long
by SNOW_CITY