NEO Cup and Handle :)
Updated
Hi Trading View Family
What can I say here hmmm...? NEO has a great long term potential, especially in the China space. It has been consolidating for months. We can see a C&H forming for the past month and an even larger one on a greater time scale.
I've been in NEO since $65, waiting for it to hit ATH again. One of the few coins to have done so in a few months. Let's see where this bad boy goes. Last time i dropped a C&H chart was with LTC. You can see it here.
IOTA is doing well for me and has a similar C&H formation as well.
Short Term Traders/investors: you can buy the recent dip and just sell the correction back north.
Long term investors: Load up at the bottom of the dip and anticipate movements to $90-100+ There is news coming in mid-late Jan for NEO coming out of their Bitcoin Conference.
Fun stuff :) Not one of my most in depth TA's, but i hope this helps!
Happy New years :)
What can I say here hmmm...? NEO has a great long term potential, especially in the China space. It has been consolidating for months. We can see a C&H forming for the past month and an even larger one on a greater time scale.
I've been in NEO since $65, waiting for it to hit ATH again. One of the few coins to have done so in a few months. Let's see where this bad boy goes. Last time i dropped a C&H chart was with LTC. You can see it here.
IOTA is doing well for me and has a similar C&H formation as well.
Short Term Traders/investors: you can buy the recent dip and just sell the correction back north.
Long term investors: Load up at the bottom of the dip and anticipate movements to $90-100+ There is news coming in mid-late Jan for NEO coming out of their Bitcoin Conference.
Fun stuff :) Not one of my most in depth TA's, but i hope this helps!
Happy New years :)
Note
NEO is formulating perfectly here. Last time i saw something this clean was with LTC before the 400% Bump weekend.Not saying that NEO will hit a 400% gainer, but it is definitely a big contender in the crypto space, especially in Asia. If we know one thing, Chinese governments love control.
Get ready for an analogy why i think NEO will have a big 2018 year. Let's say crypto's time frames are about 2x-4x faster than regular stocks.
We have seen a massive spike in NEO's inception and a massive decline over the past 6 months... I saw the same thing with Alibaba (BABA) Stock a massive up tick at IPO and a steady decline to bottoms for about 1 year. Now BABA is trading north of $182 from bottoms of $45 USD in less than a year and a half.
Take the same rough analogy with NEO with a big uptick 6-month decline and we can see NEO at $240-250 range within Q1 of 2018. Considering the expedited growth of crypto...the upcoming projects for NEO and more NEWs coming end of Jan.
I am personally long in NEO. You cannot refute that Asia is a big player in the market and whatever hands is being played behind closed doors, NEO will be a winner for 2018.
Note
I forgot to drop this but i got into TRX yesterday during the flash crash :) PROFIT! Here are my current holdings NEO, TRX, NVG, IOTA, LTC, BTC
All great coins to go long in. Looking at RDD as well :D sitting at 50-100% ROI for the week
Note
ohhhhhhhhhhhhhhhh TRX <3 550% in one day. My private group is dancing in profits!Note
Since NEO is on the down atm and BTC is up, I wanted to share this with u all. I have placed and day traded this chart :) and it is 100% accurate for BTC's movement. Enjoy. (you will have to readjust the right hand chart to September of 2017, you can see the perfect movements)
Note
Congrats to everyone who is patient :)
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