NEOBTC likely to have started its upward movement after the correction previously predicted (see related idea). The expected route will be beyond its all-time-high as the upcoming conference tied w/strong projects & news will drive the price to excellent levels. Expect high likelihood of parabolic graph movement in the future.BUY SIGNALS
-T&K bull cross
-Price-T&K bull cross
-Price above cloud w/buying pressure
-End of correction wave
CAUTIONS/CONFIRMATIONS
No in depth analysis for possible bearish signals was done. No Stop-Loss.
POSITION
Entry @ 12600
*AUTHOR'S NOTE*
Should anyone consider this entry time, I want to personally say "enjoy the ride". This is a personal high confidence entry w/majority assets within this investment. Best of luck!... for those who need it.
Disclaimer: this is NOT investing advice; please use the information as an opinion to help augment your own analysis
Trade active
INTERPRETATIONAs expected, there was a bullish run of Elliott Wave 1 w/an expected Wave 2 correction. The path to be determined now seems to be if Wave 2 has ended or whether there is still a small correction wave to be observed. However, this consideration may be moot as future benefits should outweigh any losses as NEO continues its bullish trend.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.