NEO Correction Pathways
SUMMARY
NEO has 36 possible correction pathway combinations via Elliott Waves. Combining chart patterns aid in selecting the probable. The below chart shows an upward opinting wedge. IF this pattern completes, it means that the bottom white line support needs to hold. Should price take one more rise; it could represent an opportunity to farm for cash.
A clean ABC zigzag pathway is shown below. The final subwaves of red C wave shows a lower low probable. NEO is expected to continue higher but these kinds of healthy corrections are required to allow price consolidations ahead of next leg ups.
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 is by far my FAVORITE alt coin pick for 2018, at least for the first two quarters. The gas produced by this currency is just too cool and such a great investment! I'm really glad to see you posting projections on Neo, I read every last one of your projections but this one I had to comment on because even though there are 36 possible different combinations, the obvious pathways are clearly visible. I see quite a few variations in the path it could take but there are only three or four obvious Pathways that are as clear as day to me when I look at these charts. Thank you so much for posting your projections on Neo @haejin, you are so educated on this stuff, I feel blessed to know you.
By the way I would like to say that all of my projections and theories that I have on every coin have Spawn from the knowledge of Elliott wave theory and your projection charts that I've learned from you over the last few months. I watched you on YouTube before I ever joined steemit, I joined because I just had to get closer to the source :-)!
Granted you need a ton of NEO to make any gas accumulation worth it. I was in when it was antshares, man I wish I bought more. Some great projects being built on NEO, 2018 will be a great year for them. It will be interesting to see how Onchain progresses and how it will relate to NEO
I will continue to do utmost to provide as helpful analysis possible.
"As helpful analysis possible" ? k
Bitcoin future looks bleak in my opinion: https://steemit.com/bitcoin/@investingtips/i-m-out-of-crypto
This is how I feel now.
That's a good sign. The bottom is near.
:) Brilliant!!
That made me laugh out loud 😂😂😂😂😂😂
I seriously don't understand this kind of analysis. it's time I get studying so I can have a first-hand knowledge of the speculative indications of my favorite coins. Any suggestions on how and where I can learn this will be really appreciated.
You can always try reading the material in his links at the bottom of his posts. I have not personally gotten around to reading them, but from what I hear, he puts quite a bit of useful information in there. At the very least, it can get you started.
Check out the links at the end of all his posts ‘Elliot wave counting tutorials’ is a good place to start.
Thanks. Will do that
Also get the two books he recommends: Elliott Wave Principle by Frost and Prechter; and Technical Analysis of Stock Trends, by Edwards, Magee, and Bassetti.
Please consider reviewing my free tutorials found at end of each blog post.
Hi Haejin! Thanks to you and showing me a few technical analysis I have started my own steemit account! I have done a technical analysis on Ripple today! Please check it out!
I would recommend anyone wanting to learn technical analysis and elliot waves to have a coaching session with Haejin! He's very patient and educational!
Wishing you massive profits!
I don't understand what this mean
Hi Haejin, I enjoyed our private coaching yesterday. I have a question on the second chart for NEO. Would the bottom chart be an extended flat? 3,3,5?
C could extend more...much depends on BTC trajectory. There are times when A is so much longer that C is shortest. I'm thinking that for current situation.
Thanks Haejin.
How is Litecoin looking?
$80 is what i've been looking at in my analysis unless it follows haejin's primary count...i will be foaming and salivating at the mouth if it falls to these levels...time to put my shopping list in check...cheers guys
Great cryptocurrency