Overnight, sure enough, Bitcoin prices surged and confirmed the inverse Head & Shoulders pattern. Beautiful completion! Prices are now at $4,323 as I type this update.
Here is a chart of NEO. In previous updates, I had stated that NEO had been leading the price pathway and as to how long this will occur, it wasn't certain. Well, the batton has now been passed back to Bitcoin. What indicates this? The below chart is NEO displaying a very sexy inverse Head & Shoulders Botttom which Bitcoin did last night and completed. So, NEO is now following Bitcoin. As I said, sentiment is very fickle. Short term target using this H&S pattern is $36.68
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
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.
thank you for info bro.
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I like your post.
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I wish you MASSIVE profits!
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Thanks a lot. I wish you too profits. -)) Have a nice day.
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$36.38 is a minimum target for the H and S, but your target for NEO for this move is still $44, right? I have my ladders in $41.50-46.
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First $36 then 44
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Just hang in there until it hits $36 then keep a close eye. I'm sure there will be updates on the way. Like @haejin said sentiment is fickle (people are nuts) and you can never tell what will happen, keeping a close eye and doing your own research is best to augment Haejin's kick-ass analysis!
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Resteemed :-)
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@haejin, I am confused!
When did you officially call the bottom of wave 4?
I see this upward wedge which is bearish.
I would like to buy ZEC and STEEM per your calls but I can not trust BTC direction.
Could you clearly make a call if the woods are over or not?
file:///home/dave/Downloads/Screenshot%20from%202017-09-30%2015-09-35.png
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I haven't. The Wave IV bottom hasn't been called. The move still looks abc
I'll update more later
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Thank you. Can you look into BCH? Its about to breakout, I guess.
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Up up up :D
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Thid would be a terrible time to buy neo comsidering its near all time high right now
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I believe NEO is cycling upwards towards $44 or higher. Compared to current level, it's an attractive % profit.
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Why is ZEC and EOS NOT FOLLOWING BTC rise..They seem to be sort of lower or stagnant....just wondering. Thank you
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They are going their own thing.
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Bless us!
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