Crypto Contest January 31: NeosCoin
NeosCoin has broken the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, NeosCoin began a five wave advance on January 27 in the two-hour chart. I believe NeosCoin is currently in the wave five, which could be almost done already. After a three wave correction, I would expect more upside in the wave five of larger degree.
(Chart courtesy of Tradingview.com)
Looking at the four-hour chart, NeosCoin began a wave one advance on January 4. The wave one finished on January 18, and the wave two ended on January 27. I believe NeosCoin is currently in the wave three, which could be almost done now.
(Chart courtesy of Tradingview.com)
In the daily chart, NeosCoin began a wave one advance in August 2016. The waves one and two finished in August 2016. The wave three advance ended on September 1, 2016, and the wave four correction finished on January 4. I believe NeosCoin is currently in the wave five, which should takeout the September 1, 2016 peak.
(Chart courtesy of Tradingview.com)
Looking at the weekly chart, NeosCoin began a wave one advance in January 2016. The wave one finished in April 2016, and the wave two correction ended in August 2016. I believe NeosCoin is currently in the wave three.
(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long NeosCoin.
If you think this analysis is correct, upvote this post and upvote the comment "NeosCoin will takeout the September 1, 2016 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "NeosCoin will drop below the January 4 low".
If you think NeosCoin is in a range, upvote this post and upvote the comment "NeosCoin will stay in a trading range between the January 4 low and the September 1, 2016 peak until February 28".
You can upvote the comment until 3 PM EST February 1 and you can upvote only one comment. 200% of Steem (2 X 0.187 STEEM) from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
NeosCoin will stay in a trading range between the January 4 low and the September 1, 2016 peak until February 28 (10 voters as of 3 PM EST February 1: helikopterben, gregory-f, twinner, spinbunny, yefet, allmonitors, mirda, seraph, asshole, pfunk10). asshole has a reputation of 25.
You won.
NeosCoin will takeout the September 1, 2016 peak (6 voters as of 3 PM EST February 1: bleujay, anotherjoe, soundmoney, seraph, asshole, pfunk10).
NeosCoin will drop below the January 4 low (1 voter as of 3 PM EST February 1: me-tarzan).
Thank you for posting @maarnio.
Appreciate the rewardssss.
Cheers.
Thanks bleujay. You have been doing good lately.
This post has been ranked within the top 80 most undervalued posts in the first half of Jan 31. We estimate that this post is undervalued by $3.10 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jan 31 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
Thanks for posting this! Upvoted and followed!!!!
Thank you Hratch.