NEO - NEO/USDT - 1H - Technical analysis published on 02/20/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 12.32 USDT
My targets
25.65 USDT (+94.76%)
65.72 USDT (+399.01%)
My analysis
The bullish trend is currently very strong on NEO - NEO/USDT. As long as the price remains above the support at 12.32 USDT, you could try to benefit from the boom. The first bullish objective is located at 25.65 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 65.72 USDT as an objective. Crossing it would then enable buyers to target 122.67 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
9.1
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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NEO - NEO/USDT rating 13.17 USDT. On the day, this instrument gained +26.39% with the lowest point at 10.25 USDT and the highest point at 13.21 USDT. The deviation from the price is +28.49% for the low point and -0.30% for the high point.10.25
13.21
13.17
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NEO - NEO/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 17 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.91 | 11.01 | 12.03 | 13.17 | 25.65 | 65.72 | 122.67 |
| Change (%) | -24.75% | -16.40% | -8.66% | - | +94.76% | +399.01% | +831.44% |
| Change | -3.26 | -2.16 | -1.14 | - | +12.48 | +52.55 | +109.50 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Major |
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 | 7.97 | 8.77 | 9.60 | 10.40 | 11.23 | 12.03 | 12.86 |
| Camarilla | 9.97 | 10.12 | 10.27 | 10.42 | 10.57 | 10.72 | 10.87 |
| Woodie | 7.98 | 8.78 | 9.61 | 10.41 | 11.24 | 12.04 | 12.87 |
| Fibonacci | 8.77 | 9.40 | 9.78 | 10.40 | 11.03 | 11.41 | 12.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.68 | 7.40 | 8.56 | 9.28 | 10.44 | 11.16 | 12.32 |
| Camarilla | 9.21 | 9.39 | 9.56 | 9.73 | 9.90 | 10.08 | 10.25 |
| Woodie | 6.91 | 7.51 | 8.79 | 9.39 | 10.67 | 11.27 | 12.55 |
| Fibonacci | 7.40 | 8.12 | 8.56 | 9.28 | 10.00 | 10.44 | 11.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.68 | 5.49 | 6.84 | 7.65 | 9.00 | 9.81 | 11.16 |
| Camarilla | 7.59 | 7.78 | 7.98 | 8.18 | 8.38 | 8.58 | 8.77 |
| Woodie | 4.94 | 5.63 | 7.10 | 7.79 | 9.26 | 9.95 | 11.42 |
| Fibonacci | 5.49 | 6.32 | 6.83 | 7.65 | 8.48 | 8.99 | 9.81 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 75.90 | |
| MACD (12,26,9): | 0.5800 | |
| Directional Movement: | 39.55 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 12.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.98 | |
| Elder Ray (13): | 0.85 | |
| Super Trend (3,10): | 11.31 | |
| Zig ZAG (10): | 12.93 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 90.60 | |
| TEMA (21): | 12.52 | |
| Williams %R (14): | -2.11 | |
| Chande Momentum Oscillator (20): | 2.53 | |
| Repulse (5,40,3): | 9.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6100 | |
| Courbe Coppock: | 30.36 |
| MA7: | 9.93 | |
| MA20: | 9.22 | |
| MA50: | 8.16 | |
| MA100: | 7.44 | |
| MAexp7: | 12.23 | |
| MAexp20: | 11.51 | |
| MAexp50: | 10.75 | |
| MAexp100: | 10.15 | |
| Price / MA7: | +32.63% | |
| Price / MA20: | +42.84% | |
| Price / MA50: | +61.40% | |
| Price / MA100: | +77.02% | |
| Price / MAexp7: | +7.69% | |
| Price / MAexp20: | +14.42% | |
| Price / MAexp50: | +22.51% | |
| Price / MAexp100: | +29.75% |
Quotes :
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Real time data
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