NEO Update: NEO/BTC Pair EXTREMELY BULLISH per EW, Patterns & Fractals!! Check out this analysis! Price Target 0.01909 BTC!!

in bitcoin •  7 years ago 

SUMMARY

Here is NEO/BTC first because it looks SOOOOO BULISH! This is the congruence of Elliott Waves, Chart Patterns and Fractals saying that price is about to EXPLODE!! Take a look at the white box. The a,b,c,d,e symmetrical triangle inside it exploded and price went veritcal! Now, view the blue box. The symetrical triangle is also a,b,c,d,e but its about 7 times bigger than its fractal! OMG! The a,b,c,d,e is done if not already! Geyser like price EXPLOSION IMMINENT!!

I've updated the Elliott Waves for the NEO/USD pair. Higher highs expected and the $60.47 target is sustained. Perhaps the bull flag pattern could start the fire works.

My free hand drawing of the bowl shape pattern is not the prettiest, but price is adhereing to it pretty well.

My alternate count is that we NEO could carve out an a,b,c,d,e within the bull flag. Still, no difference, as destination remains the same!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!

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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:
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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.**

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7 years ago by

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    • [-]
      ·  7 years ago 

    Bring out the rocketships!

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    1 vote
    [-]
      ·  7 years ago 

    You have the eagle eye!

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    8 votes
    [-]
      ·  7 years ago 

    I like what you did here...Happy little Elliot Wave...

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      1 vote
      [-]
        ·  7 years ago 

      Happy little new highs...lol

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        [-]
          ·  7 years ago 

        happy little mistakes...

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          [-]
            ·  7 years ago 

          Can you guys imagine what this thing will do if the Chinese government gives the green light for all new ICO's to be launched on NEO exclusively...forget the twitter rumors..i already thought about this when China banned exchanges...one thing that tipped me off is the fact that co founder Dong HongFei was the only one invited to a technology summit launched by the Chinese Economic Branch among all their competitors..this tells me that they have the trust of NEO...this will be interesting to watch

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            1 vote
            [-]
              ·  7 years ago 

            Speculating around that just causes FUD. We need to appreciate what NEO has on the table and what we know is going to be coming soon, which is quite a number of dApps and ICO's.

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            1 vote
            [-]
              ·  7 years ago 

            I agree about appreciating their current projects (such as Elastos) and many different partnerships, contracts and collaborations. Their founder has been quite the genius and entrepreneur. He has some other exiciting businesses too.

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              1 vote
              [-]
                ·  7 years ago 

              Yes, i hope they continue to do so, because the momentum slowed for a while after the Chinese ban..hopefully with some clarity from the government this will put things into place...we can't forget about this because the government could derail NEO if it wanted to

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                [-]
                  ·  7 years ago 

                Litecoin and Neo has a great future in front of them. Don't get how Bitcoin cash can be traded at 1500 dollas and litecoin only 100 dollars. Neo and Litecoin will go to the Moon in 2018. Just compare Litecoin to Bth:
                https://steemit.com/bitcoin/@ziegler/litecoin-the-coin-with-highest-potency-on-the-markedet-right-now

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                  1 vote
                  [-]
                    ·  7 years ago 

                  HODLING>>>The news that comes to back up the TA is going to melt our faces...Can't wait!

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                    1 vote
                    [-]
                      ·  7 years ago 

                    It is starting to creep out of that $40 upper resistance area. Once we break through $50 I think we see blue skies.

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                      1 vote
                      [-]
                        ·  7 years ago 

                      Nice post! I upvoted and followed you. Can you check my last blog post about crypto: https://steemit.com/cryptocurrency/@cryptoizotx/crypto-market-sentiment-update-december-3-2017 ?

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                          ·  7 years ago 

                        @cryptohustlin has voted on behalf of @minnowpond.
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                          [-]
                            ·  7 years ago (edited)

                          🐾🐈FORGIVE ME...After all these months I just figured out how to upvote you. STUPID ME.😧I know you like cats...click on my name and take a look at my Max!

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                            [-]
                              ·  7 years ago 

                            @haejin
                            We love your content and thanks for providing this valuable updates!

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                              [-]
                                ·  7 years ago 

                              NEO also had a flash crash in Bitfinex chart ... that would affect the counting in some way?

                              In fact, flash crash was only in Bitfinex. In the update of OMG chart you put the bitfinex chart and the NEO update you put the Bittrex chart.

                              I'm learning to count the waves without confusions.

                              would I apply a recount for NEO from the flash crash?

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                                [-]
                                  ·  7 years ago 

                                Hey @haejin I would be Seeing your many post really you're good work on Steemit I appreciate your work thanks for update another post ✌✌

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