NEO to test $196 and break $200

in #neo7 years ago (edited)

NEO has been bullish since the 12th of Dec 2017 starting its trend according to Elliot Wave analysis at less than $40 and closed at $190 at wave 1 to 3 on the 14th of Jan 2018.

It then retraced to $120 at wave 4 which is a good entry price for 5th Elliot Wave to complete its cycle, which might test $196 and with MACD support to break to $200 a new ATH.

NEO was trading at $150 at Bitfinex as at time of writing, which means there is a high probability of $50 profit per NEO

https://www.tradingview.com/chart/NEOUSD/0poDlxfU-NEO-to-test-196-and-break-200/

Your comments and questions are welcome and would be responded to as soon as possible.

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider some donations:

BTS Wallet - trizle1

BTC Wallet - 1AxEcPUi6nNQDaaT8CKTohmBKeYFhUJyFE

ETH Wallet - 0xDFf7E134291E1C82F98E3976be47BC3484F595B9

LTC Wallet - LbpwNMUYPj2uPMXh6RiDwvzap7UBtQGiAS

Sort:  

Thanks for your TA @trizle! I am a bit scared to buy anything because of tether right now...

You can also trade against BTC

@dalexx Why are you afraid of USDT?

Because I turns maybe out to be a scam... it could be not backed by real fiat. They print and print and...

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin11816.300$2.31%2.16%
BTSBitShares0.518$-1.35%45.27%
ETHEthereum1237.470$11.19%17.94%
LTCLitecoin192.418$5.74%1.25%
NEONEO150.644$6.84%14.61%