NEO update 12.09.17
NEO is in a very bad place right now. If it does not turn this week I assume it will drop to 11$. Here is why:
Nevertheless I will not sell my NEO or any other crypto at a loss. I will hodl until in profit or worthless.
There was a good chance that NEO could end the correction with a truncated Wave C. But right now, there is a new low which means that this scenario is not really likely anymore and the scenario in this picture is probably going to unfold.
That means harsh times ahead for NEO holders. Expect 50% drawdown. There is even a bearish SHS pattern confirming more downturn. But again I will not sell mine. In fact I will double my NEO holdings at 11 $. I never thought I would be able to see NEO this low again. Now it seems we might...
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If you think this to be useful information:
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Tell me what you think...
Have a nice day :-)
Sneaky Ninja attack!
You have been defended!
3.92...
To help keep my Jōki (蒸気) power strong, I rely on the support of my fellow #thealliance brethren.
When able, please upvote my attacks so that I may stay mighty and continue to defend and protect our beloved team!
woosh
Definitely liking your style and the 'service' you are providing fellow Steemians with your analyses. An update will be issued later today and you will be included as a new enlistee. Steem On!
Remember, Dollar-Cost Averaging :)!
great tip, thanks
3% of portfolio neo, not sell!
China ban ICO? And what? It bad for chinese people and good for bitcoin)
China want to ban pair BTC/CNY? It don't matter for bitcoin!
Many many good news all day about bitcoin adoption, raise to 5k$ near, it coming!
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НЕО в общем-то метил стать "китайским Эфиром", если Китай запретил ICO, он много теряет. Да и код говорят говно, как все китайское, это больше подделка на скорую руку, чем прорывной продукт, IMHO. Покупать однако буду по ~330к , если дадут. Один раз уже покатался на нем на +20%