NEO Update: NEO/BTC Pair EXTREMELY BULLISH per EW, Patterns & Fractals!! Check out this analysis! Price Target 0.01909 BTC!!
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SUMMARY
Here is NEO/BTC first because it looks SOOOOO BULISH! This is the congruence of Elliott Waves, Chart Patterns and Fractals saying that price is about to EXPLODE!! Take a look at the white box. The a,b,c,d,e symmetrical triangle inside it exploded and price went veritcal! Now, view the blue box. The symetrical triangle is also a,b,c,d,e but its about 7 times bigger than its fractal! OMG! The a,b,c,d,e is done if not already! Geyser like price EXPLOSION IMMINENT!!
I've updated the Elliott Waves for the NEO/USD pair. Higher highs expected and the $60.47 target is sustained. Perhaps the bull flag pattern could start the fire works.
My free hand drawing of the bowl shape pattern is not the prettiest, but price is adhereing to it pretty well.
My alternate count is that we NEO could carve out an a,b,c,d,e within the bull flag. Still, no difference, as destination remains the same!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Bring out the rocketships!
You have the eagle eye!
I like what you did here...Happy little Elliot Wave...
Happy little new highs...lol
happy little mistakes...
Can you guys imagine what this thing will do if the Chinese government gives the green light for all new ICO's to be launched on NEO exclusively...forget the twitter rumors..i already thought about this when China banned exchanges...one thing that tipped me off is the fact that co founder Dong HongFei was the only one invited to a technology summit launched by the Chinese Economic Branch among all their competitors..this tells me that they have the trust of NEO...this will be interesting to watch
Speculating around that just causes FUD. We need to appreciate what NEO has on the table and what we know is going to be coming soon, which is quite a number of dApps and ICO's.
I agree about appreciating their current projects (such as Elastos) and many different partnerships, contracts and collaborations. Their founder has been quite the genius and entrepreneur. He has some other exiciting businesses too.
Yes, i hope they continue to do so, because the momentum slowed for a while after the Chinese ban..hopefully with some clarity from the government this will put things into place...we can't forget about this because the government could derail NEO if it wanted to
Litecoin and Neo has a great future in front of them. Don't get how Bitcoin cash can be traded at 1500 dollas and litecoin only 100 dollars. Neo and Litecoin will go to the Moon in 2018. Just compare Litecoin to Bth:
https://steemit.com/bitcoin/@ziegler/litecoin-the-coin-with-highest-potency-on-the-markedet-right-now
HODLING>>>The news that comes to back up the TA is going to melt our faces...Can't wait!
It is starting to creep out of that $40 upper resistance area. Once we break through $50 I think we see blue skies.
Nice post! I upvoted and followed you. Can you check my last blog post about crypto: https://steemit.com/cryptocurrency/@cryptoizotx/crypto-market-sentiment-update-december-3-2017 ?
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🐾🐈FORGIVE ME...After all these months I just figured out how to upvote you. STUPID ME.😧I know you like cats...click on my name and take a look at my Max!
@haejin
We love your content and thanks for providing this valuable updates!