NEO Update: Correction will Complete and It'll Start Printing Green Again
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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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.**
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!