Neoscoin has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Neoscoin began a wave one advance on May 9. The wave one finished on May 17, and the wave two correction ended on May 25. The wave three advance finished on June 20, and the wave four correction ended on June 27. If this wave count is correct, Neoscoin should be heading next towards the June 20 peak in the wave five.
(Chart courtesy of Tradingview.com)
Looking at the weekly chart, I believe Neoscoin is currently in the wave three (sub-wave v).
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Neoscoin will takeout the June 20 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Neoscoin will drop below the May 25 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 May 25 low and the June 20 peak until July 30".
You can upvote the comment until 3:15 AM EST June 30 and you can upvote only one comment. 50% of SBD 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 takeout the June 20 peak (5 voters as of 3:15 AM EST June 30: yefet, daniel.dalo, abh12345, me-do, promoplugs).
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You won.
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Neoscoin to take out the peak, possibly by the end of the day?
Although apparently some people may be buying because they think it's Antshares (following the Antshares rebranding to NEO. Antshares is only listed on Chinese exchanges and Bittrex so hard to find). Genius!Twitter enjoying this:
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Yes. We did already reach the target.
http://www.getneos.com/
Beta release in 12 hours.
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Good spot! I'll be checking it out when it launches. Sounds kind of familiar!
"Neos V3 offers a wide range of features complimenting its core purpose - a completely decentralized web. You'll be able to earn NEOS (the crypto currency) by participating in the community, authoring quality content, and playing a role in moderation."
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Now it says: "Beta release in 12 Days 10h 15m 40s"
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Disclaimer: I am just a bot trying to be helpful.
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Neoscoin will drop below the May 25 low.
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That "ah shiiiiiit" moment when folks realize they bought the wrong coin
STEEM On !!
Dave
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Neoscoin will stay in a trading range between the May 25 low and the June 20 peak until July 30.
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Wawwww thus nice contest to follow. Thanks for information my friend.
Hope you want to help me in every step. Good post.
Many blessing for you
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Excellent
I followed you
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I think I identified another awesome opportunity. I'll definitely check out NEO in the meantime.
I just pulled the trigger on a long position in Stellar...feel free to check out my chart analysis on why I took this position, I think its an awesome opportunity, and its for a >4 reward/risk ratio. Feel free to follow if you want to see future opportunities I find.
Stellar Chart Analysis - Great Opportunity
Best of luck,
@cryptounicorn
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Thanks and good luck!
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