NeuCoin (NEU) Needs to Breach the Upper Trend Line
SUMMARY
NeuCoin (NEU) completed five waves up impulse and the correction has done its best to be the best time pacman possible. The blue parallel lines show pretty well the retracement. Usually, when price keeps hugging the upper trend line as it has been for the past few days, it's an indication of a potential breakout.
IF the breakout scenario is labeled with Elliott Waves, the below chart shows that waves 1 and 2 could be complete and so wave 3 would take price out of the parallel line channel. This won't happen without the Cryptosphere market also turning.
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As Bitcoin goes, do goes the price of the alts. Alts are tied to BTC and BTC is tied to news. Good news, BTC goes up. Bad news, all cryptos plunge
That's very true.
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That's very true.
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Bitcoin is moving sideways so every other coins is doing the same...Even ethereum with all its ICO's running on its platform...
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is the correction phase over
Hey @haejin made you a new Steemit banner... (your current one is a little sore on the eye) hope you love it friend! :)
What a beauty @investingtips, I hope he uses it :)
No, as there is no technical confirmation about the end:( Now I see a bearish flag for more plunge possibly to break (C) wave low.
@andriustovis No one was really asking you. Would have gone to your channel for information from you.
Could you please do an update on Omisego?
Down side :)
Good informative post.Now i learn about neo.
let's hope it improves every day more.
Very Good
FACT: Brown eyes are blue underneath, and you can actually get a surgery to turn brown eyes blue.
its close! It can do it!
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Nice post. Great to see a new currency evolving so fast.
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Very clean charts. Simplicity is great for learning and personal practice. Thank you for sharing. Smarter after every post. Much appreciated by @cryptoryno33