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Neolong

NEO - incoming BULL RUN ahead!Hey guys, I was recently asked by one of you if i believe that NEO is a good trade.At this moment,i can say neo is an AMAZING trade,as tehnical analysis suggests that we are coming to the end of the well respected bearish triangle formation that formed since the beginning of this year. How to trade: Buy NEO right at these prices and set a stop-loss at 4.7k satoshis, just in case things go the other way(which is VERY unlikely). Keep an eye out for a golden cross.It's very likely that we are going to witness one very very soon. I won't post the usual donation addresses,as i've noticed that i didn't get any donations at all. I hope you find value in my posts thought,and you get some actual profits by following them.( like the 30% profit on STRAT :) ) As always,i wish you all the best. Cheers!
Long
by The_Sparrow
NEOUSD - Black Friday Discount on this coin, going longTL:DR - These prices are a HODLer's dream, I am buying for the long term. If I wanted to trade I would look to take profit at $45.50 and again at $53 but this buy is for HODLing. This is the chart for Neo with 1 Day candles. Here is what I said last time: "I'm going to be blunt, this chart scares me. Whereas Ethereum, Bitcoin, OMG, and many others have formed symmetrical triangles, Neo has formed a descending triangle. Neo has set up a bearish pattern and I feel the most likely move is down to $38ish UNLESS it can rise with the rest of the crypto tide." After that post price dropped from $48 to $35.75, a price not seen for over half a year. So what is next for Neo? Neo is a long term hold of mine. I prefer trading Eth, BTC, and LTC because I have easy ways to trade fiat with them that don't involve USDT. I prefer holding Neo. To a HODLer, these prices are ridiculous. This is a black friday discount on steroids. I didn't have any plans on adding to my Neo inventory but this is just too good to pass up. I am buying for the long term, no targets or stops. For those that trade, price pattern has turned more bullish since my last writing. We are still seeing lower lows BUT now I think we are seeing a Massive bull wedge. Why? when price broke below the black downtrend line a week or two ago it did not make a big move lower. Also we have held support at $38-$42 which is a broad support zone going back to well before the bull run in December. We are set up for a bullish break. If I were trading I would take profits at $45.5 and then more at $53. Remember this isn't trading advice, this is my trading journal to keep myself honest and share ideas with the community so you trade how you want. This is not to say price can't go lower. The entire market is on the precipice of a cliff: Bitcoin's double/triple bottom. If Bitcoin breaks down below the broad double/triple bottom formation then we will see mass carnage, perhaps another 50% drop from here. Being a believer in Crypto paints my interpretation of the charts to say that further carnage is unlikely. Time will tell if I'm looking through rose colored glasses. ***This is not investing advice. I am not an investing professional. Do not invest what you cannot afford to lose. All investors should seek guidance from licensed financial advisers and not random people on the internet.***
BITFINEX:NEOUSDLong
by ruud_one
3
NEOBTC - too much on chart H&S - volume needed to boomNEO is a great project and has a great potential for a long run.. Current situation. i hope BTC dump doesn't affect NEO Market. • Potential inverse H&S • Bullish Divergence • Sitting at strong support level on 4 hour chart • Strong resistance • Trend line resistance at 0.007365 BTC • Fibonacci resistance at 00.7507 BTC (first target) • Take profit and entries according to Fibonacci levels Please hit “LIKE” to support and follow for new ideas and updates. Best Regards, Vinny
by VinnyTheTrader1
NEO/USD -- Now or never, and the time is now!Looking at NEO/USD 1D sticks, it's clear this is a make or break scenario: NEO is either in for a world of hurt with continued bleeding, or an epic rebound which I intend to long. If it goes the bleeding route, I wouldn't recommend longer-term shorts because the volatility or "dead-cat bounces" as some say will liquidate anyone with margin. Rationale: the long-term bullish trendline is intersecting with the bottom fib-channel of the shorter-term bearish trend that started on Janurary 16th 2018. We may see a dip below the trend line, but I am anticipating a major bounce to at least $110, a fib-retracement. I would not be surprised to see retracement all the way up to $124, or $137 before slight pullback, too. Additionally, the 1D RSI has literally never been this low (orange circle) since launch on Bitfinex(chart-data source). That means this RSI has been unseen since September, and therefore essentially unprecedented. Like I said, this is make-or-break. Pay attention and you will be rewarded, even if this doesn't go long. Tune in for updates on this trade.
BITFINEX:NEOUSDLong
by chickenboye
2