NEO is Hunting for a Bottom
SUMMARY
NEO's pathway towards the bottom of this correction has 36 possibilities of combinations, per Elliott Wave corrections. One of them is shown below where the Elliott Waves (white) completed five waves up. Post five waves, there is a requisite correction and that could be an a,b,c format. However this correction could still go sideways. The MACD has converged and crossed (blue circle). The red C wave of the abc correction is likely not complete, if this pathway is correct.
I believe the Altcoins almost don't know how to correct quickly. The Hurry UP & Wait syndrome could trigger any number of lagging or sideways prive movement to eat more time. An a,b,c,d,e triangle often becomes a very good pattern to enable that objective. Another would be a triple type of combination wxyxz. However, the signs of that is not yet seen but certainly probable.
IF the below is to have impact on probable price pathway, then the MACD would need to curl up and turn as shown in the below chart. The bottom support line would also need to hold.
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.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Well, it looks like the Communists haven't stuck to their word and started flagging haejin's posts again. Oh, well, was anyone expecting bullies to be truthful...? That would have been a first.
I'm done with this fight, though. Now I'll just mute the Bernie-Commies and be done with it.
Yea I’m with you! Mute mute mute!!!
If you really wanted to do that, then why wouldn't you do that? Instead you do this. It makes no sense.
Guys open your eyes. I am not promoting anyone. But @salahuddin2004 deserve respect for his TA. Look at haejin new drama
I agree that these posts are not valuable enough to be earning these kinda of rewards... The fact that he writes a bajillion of these daily also is a little bit, shall I say greedy?? I like haejin but he is taking advantage of the reward pool and needs to put MORE effort into his work if he thinks he deserves so much per post.
Many of his posts have been way off... It's easy to feel like a TA genius while the whole market is in a historic bull run, but ANYONE could have made a profit buying nearly any coin in December... Doesn't mean anything but confimation bias.
No offense here just my opinion. Like I said I like @haejin but he needs to start posting less often and with more useful information to be honest. His posts are becoming vague and convoluted at best.
The other thing to consider is I and many others have been following Haejin for months and he did just as many posts when he was earning not even a fraction of what he is now.
In addition to this one should also consider that people request these posts and have done so since the very beginning of his blog.
That being said his TA has taken years and years of work to produce these posts, and he has taught an immense deal on here, for those who have been following thoroughly.
Also it is without doubt that he has helped MANY people on here to make LOTS of money.
Why must @Haejin be accountable for the way the reward pool works? Lets fix the way the reward pool works... Look at the opposers and the low levels they go to it is ridiculous.... please do not be one of them.
THIS GUY IS A COMPLETE FRAUD!! STEALING TRADING VIEW POSTS AND RECOMMENDS HIMSELF WITH HIS OWN ALIASES, SERIOUSLY.... USE THAT SAME ENERGY TO LEARN FROM @HAEJIN AND MAKE YOUR OWN MONEY, LIKE MANY WHO HAVE BEEN FOLLOWING HIM SINCE MONTHS AGO...
Unless NEO can do something to differentiate itself from the herd, it will just continue to follow the herd.
using ladding tech thanks!! $140,$120,$100,$80! total 4% cryprto with 1.5% gas kicker
Founded by Da Hongfei, the NEO team is one of the most highly valued around. Originally it was named AntShares and was even considered "China's first blockchain platform."
For those that don't know what NEO is... Think of NEO similar to Ethereum in the sense of smart contracts; however, NEO has taken it a step further. For one thing it closes some vulnerability gaps the Ethereum has. NEO is taking the approach of getting on the Chinese government's good side and basically teaming up with them.
Haejin could turn me into a rap superstar if he wanted.....
Just sayin.
Haejin Blog Is Filled With Poo
Quality has definitely been on the decline. Very quickly thrown together if you ask me.
Muchas gracias por compartir tus análisis
I would like NEO to drop to $95 if this is true. Great opportunity to buy and with NEO you get free GAS daily for those who didn't know. To my knowledge it is the only crypto that pays you a dividend.
Hoping for your target bottom so I can buy!
Love to see both experts view on same cryptos. Haejin can you provide predict target like @salahuddin2004 did in his prediction.
Cut the shit with this guy. This isn’t a competition.
ILL GIVE YOU A BIG POO
THIS GUY IS A COMPLETE FRAUD!! STEALING TRADING VIEW POSTS AND RECOMMENDS HIMSELF WITH HIS OWN ALIASES, SERIOUSLY.... USE THAT SAME ENERGY TO LEARN FROM @HAEJIN AND MAKE YOUR OWN MONEY, LIKE MANY WHO HAVE BEEN FOLLOWING HIM SINCE MONTHS AGO...
Love to see both experts view on same cryptos. Haejin can you provide predict target like @salahuddin2004 did in his prediction.
I ALSO PREDICT THAT @salahuddin2004 PREDICTION ARE ALL NOT ACCURATE. AND IT SEEMS ALL THE POST HERE YOU ADVERTISE THAT ACCOUNT ON DIFFERENT ACCOUNT? WHY?
THIS GUY IS A COMPLETE FRAUD!! STEALING TRADING VIEW POSTS AND RECOMMENDS HIMSELF WITH HIS OWN ALIASES, SERIOUSLY.... USE THAT SAME ENERGY TO LEARN FROM @HAEJIN AND MAKE YOUR OWN MONEY, LIKE MANY WHO HAVE BEEN FOLLOWING HIM SINCE MONTHS AGO...
The main idea is to collect as many bitcoins possible as in the near future the block reward is expected to be halved. While steam might be a good platform there are many others ways to stay well ahead in the crypto race . I shall be covering all crypocurunncices and the easiest ways to buy them. Thank you for your support. Have a blessed day friends!
C'mon Haejin, where you been all day? Call this bottom? Or just address it...
HE'S BEEN WORKING ON OTHER TECHNICAL ANAL CHARTS