NeuCoin (NEU) Needs to Breach the Upper Trend Line

in neucoin •  7 years ago 

SUMMARY

NeuCoin (NEU) completed five waves up impulse and the correction has done its best to be the best time pacman possible. The blue parallel lines show pretty well the retracement. Usually, when price keeps hugging the upper trend line as it has been for the past few days, it's an indication of a potential breakout.

IF the breakout scenario is labeled with Elliott Waves, the below chart shows that waves 1 and 2 could be complete and so wave 3 would take price out of the parallel line channel. This won't happen without the Cryptosphere market also turning.

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Elliott Wave Counting Tutorial #1
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As Bitcoin goes, do goes the price of the alts. Alts are tied to BTC and BTC is tied to news. Good news, BTC goes up. Bad news, all cryptos plunge

That's very true.

  ·  7 years ago Reveal Comment

That's very true.

  ·  7 years ago Reveal Comment

Bitcoin is moving sideways so every other coins is doing the same...Even ethereum with all its ICO's running on its platform...

  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment

is the correction phase over

Hey @haejin made you a new Steemit banner... (your current one is a little sore on the eye) hope you love it friend! :)

What a beauty @investingtips, I hope he uses it :)

No, as there is no technical confirmation about the end:( Now I see a bearish flag for more plunge possibly to break (C) wave low.

@andriustovis No one was really asking you. Would have gone to your channel for information from you.

Could you please do an update on Omisego?

Down side :)

Hi @haejin,

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Hi @haejin,

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Hi @haejin,

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Good informative post.Now i learn about neo.

Very Good

  ·  7 years ago Reveal Comment

its close! It can do it!

  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment

Nice post. Great to see a new currency evolving so fast.

  ·  7 years ago Reveal Comment

Very clean charts. Simplicity is great for learning and personal practice. Thank you for sharing. Smarter after every post. Much appreciated by @cryptoryno33

what's your count on Bitshares?

Hallo haejin!What do you think about that ICO TraDove?

  ·  7 years ago Reveal Comment

This is really good for us.

  ·  7 years ago Reveal Comment

😤

  ·  7 years ago Reveal Comment

Very good post you have given a gift, every point written here is very important that all of us should know that in future you will get such a better post in front of us.

Congratulations @haejin, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 40 and the total pending payments to posts in these categories was $2863.46. To see the full list of highest paid posts across all accounts categories, click here.

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Neucoin is making news right there!

  ·  7 years ago Reveal Comment

@haejin Please I need you to check this and kindly make your comment. Ill be glad if you do.
A must seen for all STEEMIAN. The Community is becoming something else

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We don't have to be biased on things we do. Check it out and drop your comment on how you feel about it

Good imported, crypto is down. Resteem

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
EOSEOS8.178$3.48%-16.68%
NEUNeumark0.714$9.29%-14.71%
QAUQuantum0.257$17.69%8.85%
WAVESWaves6.672$2.44%-18.11%

The past few days hasn't been so great

  ·  7 years ago Reveal Comment

resistance is being tested pretty nicely. It's looking good, thanks for the update.

  ·  7 years ago Reveal Comment

thats not really necessary

  ·  7 years ago Reveal Comment