NEO - NEO/USD - 1H - Technical analysis published on 02/15/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
50%
33%
My opinion
Bullish above 11.18 USD
My targets
11.52 USD (+0.88%)
11.77 USD (+3.06%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 11.18 USD remains possible. It is advisable to trade NEO - NEO/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 11.18 USD. The next bullish objective for buyers is set at 11.52 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11.77 USD. If there is any crossing, the next objective would be the resistance located at 13.60 USD. PS: if there is a bearish break in the support located at 11.18 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NEO - NEO/USD rating 11.42 USD. The price registered a decrease of -0.18% on the session and was traded between 11.39 USD and 11.53 USD over the period. The price is currently at +0.26% from its lowest and -0.95% from its highest.11.39
11.53
11.42
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this NEO - NEO/USD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, only 9 technical indicators out of 18 studied are currently bearish. The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.66 | 10.98 | 11.18 | 11.42 | 11.52 | 11.77 | 13.60 |
| Change (%) | -6.65% | -3.85% | -2.10% | - | +0.88% | +3.06% | +19.09% |
| Change | -0.76 | -0.44 | -0.24 | - | +0.10 | +0.35 | +2.18 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 10.72 | 10.99 | 11.21 | 11.48 | 11.70 | 11.97 | 12.19 |
| Camarilla | 11.31 | 11.35 | 11.40 | 11.44 | 11.49 | 11.53 | 11.58 |
| Woodie | 10.71 | 10.98 | 11.20 | 11.47 | 11.69 | 11.96 | 12.18 |
| Fibonacci | 10.99 | 11.17 | 11.29 | 11.48 | 11.66 | 11.78 | 11.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.12 | 6.62 | 8.71 | 11.21 | 13.30 | 15.80 | 17.89 |
| Camarilla | 9.54 | 9.96 | 10.38 | 10.80 | 11.22 | 11.64 | 12.06 |
| Woodie | 3.92 | 6.52 | 8.51 | 11.11 | 13.10 | 15.70 | 17.69 |
| Fibonacci | 6.62 | 8.37 | 9.46 | 11.21 | 12.96 | 14.05 | 15.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.57 | 10.08 | 12.19 | 14.70 | 16.81 | 19.32 | 21.43 |
| Camarilla | 13.02 | 13.44 | 13.87 | 14.29 | 14.71 | 15.14 | 15.56 |
| Woodie | 7.36 | 9.98 | 11.98 | 14.60 | 16.60 | 19.22 | 21.22 |
| Fibonacci | 10.08 | 11.85 | 12.94 | 14.70 | 16.47 | 17.56 | 19.32 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.25 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | -5.31 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 11.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.63 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 11.70 | |
| Zig ZAG (10): | 11.41 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 27.91 | |
| TEMA (21): | 11.47 | |
| Williams %R (14): | -76.74 | |
| Chande Momentum Oscillator (20): | -0.29 | |
| Repulse (5,40,3): | -0.5100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.63 |
| MA7: | 11.17 | |
| MA20: | 11.79 | |
| MA50: | 13.64 | |
| MA100: | 14.55 | |
| MAexp7: | 11.45 | |
| MAexp20: | 11.46 | |
| MAexp50: | 11.40 | |
| MAexp100: | 11.28 | |
| Price / MA7: | +2.24% | |
| Price / MA20: | -3.14% | |
| Price / MA50: | -16.28% | |
| Price / MA100: | -21.51% | |
| Price / MAexp7: | -0.26% | |
| Price / MAexp20: | -0.35% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +1.24% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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