Jump to content
How to flag inappropriate content ×

NEO/U.S. dollar(NEOUSD) Elliott Wave Technical Analysis 4 October 23

tradinglounge

By tradinglounge,
in Shares and ETFs

Recommended Posts

tradinglounge Esteemed Contributor

tradinglounge

Posted
Posted 
Elliott Wave Analysis TradingLounge Daily Chart, 4 October 23, 
NEO/U.S. dollar(NEOUSD)
NEOUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Double  Corrective
Position: Wave (Y)
Direction Next higher Degrees: Wave ((B))  of Flat
Wave Cancel invalid Level: 5.96
Details: The corrective of wave (Y) Likely move down to 5.94 

NEO/U.S. dollar(NEOUSD)Trading Strategy:  A decline below 7.08 makes the triangle complete at 7.68, also the price below the MA200 Line, Overview still is a downtrend, and the price move to  wave ((5)) which a last wave before change a trend

NEO/U.S. dollar(NEOUSD)Technical Indicators: The price is below the MA200 indicating a downtrend,  RSI is a Bearish divergence.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA





Elliott Wave Analysis TradingLounge 4H Chart, 4 October 23,  
NEO/U.S. dollar(NEOUSD)
NEOUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Triangle
Position: Wave (E)
Direction Next higher Degrees: Wave (4) of Impulse
Wave Cancel invalid Level: 
Details: Weve 4 may be complete and the ptice decline again in wave 5

NEO/U.S. dollar(NEOUSD)Trading Strategy:  A decline below 7.08 makes the triangle complete at 7.68, also the price below the MA200 Line, Overview still is a downtrend, and the price move to  wave ((5)) which a last wave before change a trend

NEO/U.S. dollar(NEOUSD)Technical Indicators: The price is below the MA200 indicating a downtrend,  RSI is a Bearish divergence

NEOh4.thumb.png.1f492730edc9b58a77de26fbc9f16034.png

NEO day.png

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Go to topic listing

  • image.png

  • Posts

    • phillo
      SPX chart

      By phillo · Posted

    • cryptomaga
      Bitget's Daily Crypto Feast: Login, Trade, Win Big!

      By cryptomaga · Posted

      Do you mean daily check-in the app could earn me 1 SOL? please how do i participate?
    • Bash4j
      Join the Gold Rush: Earn $GDV with Bitget’s GoldVerse on Telegram

      By Bash4j · Posted

      Hey everyone! 🌟 I recently came across the Bitget GoldVerse Community Campaign, and I think it's something you might want to check out, especially if you're into crypto gaming and airdrops. This campaign is exclusively for new Bitget APP users who register and download through a specified link. GoldVerse is a launch platform based on the TON ecosystem, designed to provide a fair, transparent, and secure environment for emerging projects. It's quickly becoming one of the most trusted token issuance platforms on TON, focusing on fairness, transparency, and community involvement. One of the coolest features is the GoldVersebot Mini-app on Telegram. Within just 10 days of its launch, it achieved over 1 million users! The game is super engaging—you can mine GDV coins by tapping in the Social Game, complete tasks, participate in activities, and invite friends to earn $GDV If you're looking for a fun way to earn some crypto and be part of a growing community, this might be worth your time. Plus, with the Bitget event, there are even more opportunities to earn rewards. Happy mining! ⛏️💰

Markets

Forex

Indices

Shares

Other markets

IG services

Spread betting

CFD trading

Share dealing

Trading platforms

Web platform

Trading apps

Advanced platforms

Compare features

About Us

How we support you

What we do with your money

How does IG make money?

Professional trading

Contact us

Post topic on Community

Browse Help and Support

Education on Academy

Tweet us @IGClientHelp

UK

IG | Sitemap | Terms and agreements | Privacy | How to fund | Cookies | About IG

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.

The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

© 2003 - 2020

IG | Terms and agreements (UK) | Privacy (UK) | Cookies | Investors | Careers | Marketing partnership

×
×
  • Create New...
us