NEO Selected the ABC

in #neo6 years ago (edited)

SUMMARY

The other week, I had posted the below chart for NEO with a likely ABC correctoin or a probable abcde. Much depended on the direction of Bitcoin as NEO is pretty mature in liquidity and a prolonged correction might not be as necessary.

The ABC was selected, though the C wave reached to $62 or so. IF the abc is complete, then the curren rise needs to morph into an impulsive rise.

The corrective wave can be counted as wxyxz and if so, the final z wave is expected to lead to a minor lower low. The rise from wave C was impulsive if viewed in 30 minute resolution.

The next round of impulse should take price to high highs and ideally, once the 5th wave is complete, price could tag the upper levels of prior wave B.

Legal Disclaimer: 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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NEO/USD

NEO/USD

53535

E wave would have an abc composition and not a five.

Hi @solisrex,

It seems you got a $23.46 upvote from @solisrex at the last minute before the payout. (20.25h) and this comment is to make everyone aware.

Please follow @abusereports for additional reports of reward pool abuse. Thank you.

Bitcoin and the alts seem to be stuck in a narrow range. Looking for the news to cause the next breakout....either way.

I like NEO,

Patience on NEO, it will make MAAAASSSIVE PROFITS!!!

MASSIVVVVVVVVVVVVE!!!! WELL SAID BUY NEO TRANSFER IT TO YOUR OWN WALLET AND COLLECT GAS FOR A YEAR AND THEN OPEN THAT TIME CAPSULE AND BOOM$$$$$$$$$$$$$$$$$$$$$$$$

I'm getting around 400 gas per year. It's nothing short of incredible.

Wish I could afford to buy some need but go no cash left to invest in crypto right now.. :(

I really love the NEO project. It has a great future ahead with good payout in GAS.

What about a possible S-H-S formation?

That's very good! And Volume confirms as well. So the key would be for price to go above the Neck Line.

Thanks. Yes that's why I am keeping a close eye on it and if it breaks I will go long.

So annoying we can't see the charts due to low ratings!! I am hoping that it has completed it's correction and NEO takes off again. Great project.

you can see the charts by clicking on the show images option.

We should tell people like asiahaijranajma (-5) to go away. If you just ignore this clown, you are telling him that it's ok. It's not ok. If you ignore the elephant in the room, the elephant will stay, but the good people around it will disappear. Pretty soon, another damn elephant will come and join.

hay man there is no images showing for this post ??

neo will start rocking soon

Thanks for the interesting incite on NEO. I'm really bullish on this coin longterm and I hope that later this year it really takes off.

Hope this correction ends pretty soon!, Thanks a lot!

Drop in bitcoin

Neo rising?

Yes I support the first comment, hope it end soon

Intelligent thinking, I salute you, handsome young man and intelligent thinking for the future

not sure what it means when images are hidden due to low ratings - am still new to steemit...

bots are downvoting his posts

There is a user named @berniesanders who employs an army of bots to flag away the author and curation rewards of certain whales. He imagines that people who succeed here are greedy, and sells minnows on the story that they are victims. He makes quite a lot of money doing this

In my opinion in the last weeks the price from NEO and almost all other crypto currencies has been linked to the BTC price. I'm more interested in how the NEO/BTC pair will evolve, lot us us are using BTC to purchase NEO.

good luck friend

Glad to see the flagging bots can't hold you down @haejin. Thanks for the insights re: NEO. I'll keep my eye on this one.

please voteback..
thanx

Agree on your short term target for NEO but disagree on the count. Bear cycle is done already: there are more investors than ever and lots of new money pouring into crypto daily...
My two cents about NEO