NEO - NEO/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	NEOUSDT
ISIN:

NEO - NEO/USDT - Daily - Technical analysis published on 04/05/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

44%

22%

33%

My opinion

Bullish above 22.68 USDT

My targets

29.68 USDT (+12.47%)

35.87 USDT (+35.92%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NEO - NEO/USDT as long as the price remains well above 22.68 USDT. The buyers' bullish objective is set at 29.68 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 35.87 USDT. If there is any crossing, the next objective would be the resistance located at 39.19 USDT.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

NEO - NEO/USDT rating 26.39 USDT. On the day, this instrument lost -2.91% with the lowest point at 26.17 USDT and the highest point at 27.42 USDT. The deviation from the price is +0.84% for the low point and -3.76% for the high point.

26.17

27.42

26.39

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of NEO - NEO/USDT in Daily shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	19.19	22.68	25.90	26.39	29.68	39.19	45.33
Change (%)	-27.28%	-14.06%	-1.86%	-	+12.47%	+48.50%	+71.77%
Change	-7.20	-3.71	-0.49	-	+3.29	+12.80	+18.94
Level	Intermediate	Minor	Major	-	Intermediate	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.34	25.25	26.21	27.12	28.08	28.99	29.95
Camarilla	26.67	26.84	27.01	27.18	27.35	27.52	27.69
Woodie	24.38	25.26	26.25	27.13	28.12	29.00	29.99
Fibonacci	25.25	25.96	26.40	27.12	27.83	28.27	28.99

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.87	21.42	24.47	27.02	30.07	32.62	35.67
Camarilla	25.98	26.49	27.01	27.52	28.03	28.55	29.06
Woodie	19.12	21.55	24.72	27.15	30.32	32.75	35.92
Fibonacci	21.42	23.56	24.88	27.02	29.16	30.48	32.62

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.83	14.31	20.61	25.09	31.39	35.87	42.17
Camarilla	23.95	24.93	25.92	26.91	27.90	28.89	29.88
Woodie	10.74	14.77	21.52	25.55	32.30	36.33	43.08
Fibonacci	14.31	18.43	20.97	25.09	29.21	31.75	35.87

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	57.31
MACD (12,26,9):	1.5000
Directional Movement:	11.64
AROON (14):	64.29
DEMA (21):	27.29
Parabolic SAR (0,02-0,02-0,2):	29.50
Elder Ray (13):	0.55
Super Trend (3,10):	22.42
Zig ZAG (10):	26.40
VORTEX (21):	1.2100
Stochastique (14,3,5):	64.03
TEMA (21):	28.20
Williams %R (14):	-53.99
Chande Momentum Oscillator (20):	1.93
Repulse (5,40,3):	-4.5000
ROCnROLL:	-1
TRIX (15,9):	0.8900
Courbe Coppock:	41.42

MA7:	27.47
MA20:	25.06
MA50:	23.03
MA100:	22.92
MAexp7:	26.95
MAexp20:	25.41
MAexp50:	23.93
MAexp100:	25.24
Price / MA7:	-3.93%
Price / MA20:	+5.31%
Price / MA50:	+14.59%
Price / MA100:	+15.14%
Price / MAexp7:	-2.08%
Price / MAexp20:	+3.86%
Price / MAexp50:	+10.28%
Price / MAexp100:	+4.56%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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