NEO Update: Up or Down? See the analysis in this blog!

in #bitcoin7 years ago

Here is NEO, if the abc (red) is complete, then the wave i,ii placements should mean that higher highs are on the menu! My alternate count is that c (red) is not yet done and could extend lower to $35 or so. But given the Altcoin tide has is lifting, the bullish scenario takes the primary count spot.


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may the expected price increase be related to neo's upcoming ico's

NEO looks like it's consolidating following explosive growth from the Antshares rebranding. There is strong development on the project as well as growing support in China and globally too. I'm very bullish on NEO and GAS long term and your technical analysis points to more upside near-term as well. I agree we might see a re-test of $35 first though, if so that may be a good price to add to or start building a position at. Thanks for sharing your insights again!

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it start from 16 th july until 24 augustus . Do you think it wil rise or first going a down and then rise .You opinion is really appreciate haejin .

Your graph is a very short time frame of recent prices. Still, I see a pattern and trend lines, like this:

Haeijn, very interesting . Thank you
So do you think it is the start of another 5 wave cycle?
What is the general ratio from the recent high 5 to the next high from technical charts?

How to come to a projected top for NEO?

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