NEO Update: Correction will Complete and It'll Start Printing Green Again
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmVtgxTjTWKSNenvLeUTfc1NTQrZdYMqDonDeuF2g9yKKg/image.png)
SUMMARY
The NEO correction ensues. I present linear charts of NEO and Elliott Waves. The a,b,c (red) correction should complete soon and take the batton from Bitcoin and start printing green prices. The white circle demarcates a potential bottom zone.
Sub-daily charting shows that the current wave c (red) can be subdivided into five waves (white) and wave v (white circle) can itself be further be subdivided into five waves....with the fifth having maybe a bit more dipping to go. The video has tons more details!
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I got out of NEO at $34.40 and this looks like a great time to get back in. That redpule ICO made me some serious $$$. Thanks
Gave you a follow brother good to see somebody else striving for greatness!!
Same
Admirable!
The TA is not an exact science. :) 1 day ago was completely different.
But then, what is an exact science?
This is just gambling I think. If it would be exact then we could have known this fall yesterday afternoon.
Neo goes back to 16 if I am correct. Huge H&S pattern.
I disagree... you guys are not counting in the application of NEO. NEO is an ICO driver. NEO creates GAS. 5000 GAS is required to start a Token on NEO.
GAS is a driver for demand of NEO and future growth of NEO.
Now that ICOs are developing on NEO, there will not be a low to that extreme. There is a need for NEO. Plus i wouldn't be surprised if the Chinese government and NEO were cooperating to make NEO a major Chinese Blockchain.
I personally think the $25 range will be a bottom. I'm not a TA expert, but the TA misses the emotional drive that is found in crypto.
The $16 - $18 price isn't gonna happen.
Around 18, that is my prediction. :)
https://steemit.com/cryptocurrency/@attila73/neo-is-this-a-head-and-shoulders
As always a great analysis. Pretty excited how the chart will actually behave. Neo is in my portfolio for sure:)
I wish you MASSIVE profits!