NEO - NEO/USD

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	NEOUSD
ISIN:

NEO - NEO/USD - 1H - Technical analysis published on 03/24/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

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NEO - NEO/USD Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 12.47 USD

My targets

13.41 USD (+4.01%)

13.71 USD (+6.36%)

My analysis

NEO - NEO/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 12.47 USD. The next resistance located at 13.41 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 13.71 USD. After this resistance, buyers could then target 14.50 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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 Londinia.

Additional analysis

Quotes

The NEO - NEO/USD price is 12.89 USD. The price registered an increase of +3.29% on the session with the lowest point at 12.48 USD and the highest point at 13.09 USD. The deviation from the price is +3.29% for the low point and -1.53% for the high point.

12.48

13.09

12.89

Here is a more detailed summary of the historical variations registered by NEO - NEO/USD:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in 1H of this NEO - NEO/USD chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.28	11.66	12.47	12.89	12.94	13.71	14.50
Change (%)	-12.49%	-9.54%	-3.26%	-	+0.39%	+6.36%	+12.49%
Change	-1.61	-1.23	-0.42	-	+0.05	+0.82	+1.61
Level	Minor	Intermediate	Major	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.06	11.35	11.91	12.20	12.76	13.05	13.61
Camarilla	12.25	12.32	12.40	12.48	12.56	12.64	12.71
Woodie	11.21	11.42	12.06	12.27	12.91	13.12	13.76
Fibonacci	11.35	11.67	11.87	12.20	12.52	12.72	13.05

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.09	7.68	9.75	11.34	13.41	15.00	17.07
Camarilla	10.80	11.14	11.48	11.81	12.15	12.48	12.82
Woodie	6.32	7.80	9.98	11.46	13.64	15.12	17.30
Fibonacci	7.68	9.08	9.95	11.34	12.74	13.61	15.00

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.74	4.94	9.24	12.44	16.74	19.94	24.24
Camarilla	11.47	12.16	12.84	13.53	14.22	14.91	15.59
Woodie	2.28	5.22	9.78	12.72	17.28	20.22	24.78
Fibonacci	4.94	7.81	9.58	12.44	15.31	17.08	19.94

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):	72.09
MACD (12,26,9):	0.1800
Directional Movement:	38.89
AROON (14):	100.00
DEMA (21):	12.64
Parabolic SAR (0,02-0,02-0,2):	12.33
Elder Ray (13):	0.46
Super Trend (3,10):	12.56
Zig ZAG (10):	13.03
VORTEX (21):	1.3400
Stochastique (14,3,5):	92.23
TEMA (21):	12.77
Williams %R (14):	-10.64
Chande Momentum Oscillator (20):	0.52
Repulse (5,40,3):	3.3800
ROCnROLL:	1
TRIX (15,9):	0.1400
Courbe Coppock:	5.52

MA7:	12.42
MA20:	11.43
MA50:	10.99
MA100:	9.05
MAexp7:	12.68
MAexp20:	12.43
MAexp50:	12.28
MAexp100:	12.23
Price / MA7:	+3.78%
Price / MA20:	+12.77%
Price / MA50:	+17.29%
Price / MA100:	+42.43%
Price / MAexp7:	+1.66%
Price / MAexp20:	+3.70%
Price / MAexp50:	+4.97%
Price / MAexp100:	+5.40%

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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Londinia AI

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