NEO - Another hero of 2018? 100% growth expected soon
Hello Dear Friends!
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As yesterday we reminded you about ONTOLOGY project (down below you will find our ONT analysis), today we have to mention about NEO.
On April 10th we made analysis of NEO for You. Yes we achieved 1st Fibonacci Target! YES YES YES!
As ONT is a huge project with massive potential and is strictly connected to NEO it will influance NEO's price for sure!
We think we don't have to introduce NEO.
So here are some technical analysis details:
New Elliot Wave Pattern started - 1st wave achieved; currently in 2nd correction wave; waiting to start 3rd wave (look at the chart)
Stoch RSI - strong oversold zone - time to BUY
Volume Flow Index - bull's cross
Weis Wave - Once green candle appear - strong buy signal - we can expect it very soon
Fibonacci Levels:
Target1: 0.009670 (achieved)
Target2: 0.011567
Target3: 0.013127
Target4: 0.014688
Target5: 0.016865
Target6: 0.019649
Stop-loss: 0.006641
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HUGS!
Your WBM_Team
Weiswave
GBPAUD 23.08.2017Cumulative volumes divergence shows that supply has been dried up. Yesterday, there was bearish trap, which can be consired as Wyckoff spring. 2 possible strategy
1. Aggressive - buy at spring test, SL below spring low
2. Conservative - wait for first wave up. If volume picks up, wait for low volume pullback/test and go long.
In case of breaking to downside, consolidation zone will be consider as redistribution.
Have a safe trading.
J6 06 April 2017There are several divergences on volume on way up. There is also increasing volume on down swing. This is bearish change behaviour. I expect move down on Yen future. It means on forex pair USDJPY.