NEO is a non-profit community-driven blockchain project. It utilizes blockchain technology and digital identity to digitize assets and automate the management of digital assets using smart contracts. Using a distributed network, it aims to create a "Smart Economy".
NEO was founded in 2014 and was open sourced on GitHub in June 2015.
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Recent NEO trades on Niffler.co
https://www.tradingview.com/x/PICDetvR/ The decision for opening a long position is based, primarily, upon the price action taking place on the fib retracement encompassing the current history of Neo. I could go into more detail, but that would entail writing a small book.
NEO forecast: a few percent growth in the near future. Also recall, I created a telegram channel with coins predictions. Link to the channel in my profile. Already in the coming time there will be many predictions.:sunglasses:
Great investment, like the staking wallets. Also found this little Terra-Credit that gives you 30,000 to stake in their desktop wallet. https://bit.tube/play?hash=QmaccJzbJES6iSVZJzR5Airbob7AoVPt9J5dpLJahRgtCw&channel=256206
The update looks very good. NEO forecast: growth in the near future. I will create a group with signals if there are several people willing. :sunglasses:
I was sick (nothing serious). But now I feel better so I will make predictions again. NEO forecast: there will be a 1.5-3% growth in the near future, but before that there may be a slight drop. :sunglasses:
Take Profit @ 9.09 Percentage gain: 1.79% Target Buy @ 8.93 Stop Loss @ 8.79 Percentage loss: -1.5% @steemitguy Can't stop playing these ascending triangles... lol.
15% portfolio risk for H&S reversal. 2 Targets. 10% close at 1st target, remaining 5% at 2nd target. Binance chart with both targets: https://www.tradingview.com/x/7ecbt909/
Via BleedingCrypto on CT, thought to try it out here. "$NEO Nice bullish curve in the MACD. RSI has a bullish uptick. Let see how this plays out. Seeing some nice breakouts starting to happen across the board this morning"
Liking NEO on the daily chart, I am writing this as it is at the price of $8.11, if it closes on the 4H above $8.20 I am entering. MACD is healthy, ADX indicating the trend is strong for the 4H. RSI on the daily chart is also a good indication for room to grow. Take profit placed at the next resistance on the daily of about $8.45.
I really just wanted to show off my fractals. Seems pretty systematic to me...Follow me on twitter @cryptokeyser for more info on trading and crypto!
BTC is trying to blow up at the moment and NEO is on a good bottom currently consolidating, as the chinese rising star that it is i think is just the right moment.
Descending triangle pattern is forming. Support will be tested again at around $15. Stop loss at $18 and conservative take profit at $16.1 :joy: If I'm missing something please correct me as I'm trying to learn. :nerd_face:
This drop is insanely bullish if support holds and gets a spring. RSI entering oversold territory, stops getting shaken out, opens up a ton of room for movement.
NEO Down from $190 to $17.30 Year To Date. (Upside in Weekly View) Term: 2 months roughly Entry: $16.50 Exit: $19.50 Profit: $3 S 16.48 R 19.88 Theory: Bounce at the support level with upside towards the resistance level.
I'm trying a short setup on NEO tonight using simple support and resistance. I'm risking 1% of my total capital. Total capital is $100433.88 and 1% of that is about $1000. My stop loss is 5.2% above entry and $1000 is 5.2% of 19250 (almost). By doing this calculation i know my position size will have to be around $19250 with this setup.
cutting this mostly because looks like btc painteda higher low and I think we retrace a bit from here. neousd didn't move much from my entry but some profit.
Trying this again lol. So plan here is simple, short resistance and take profits at support. Risk/Reward on this trade is 2.35 I'm risking 1.5% of my total capital ($100 000) on this trade which means my position size will be around $18500 in total.
1% of the portfolio to NEO right above historic support at $15.40. I see this as a good place to start to build a NEO position as this is a coin I still think has a place long term in the crypto space.