Chart of the Day: NEO

Chart of the Day: NEO

While I can’t confirm that we don’t see the red leading diagonal for the beginning of a bull run, my main thesis is that we see an ultimate low in the $8.75 to $10 region where I will be buying. If you are not familiar with NEO, you can easily extract GAS if in a qualified wallet. The return seems to be about 10% APR. I use the NEON wallet which is available on Github. If we see a new local high over the top marked iv then I will consider a bottom probable already.

I have a breakdown confirmed in a few coins this morning after the drop last night, so my main thesis is the entire crypto market is headed for one more low. There are disparate coins which challenge that notion, but very few.

Note that free 15 day trials are available for our trading room and community on Elliott Wave Trader, where I am a full time analyst. You’ll rub nose with, professional, amateur and traders in the learning process, while getting trade calls and ongoing direction for the market. No credit card is needed for a trial.

Recommend0 recommendationsPublished in Cryptocurrencies, Other, Top Rated, NEO

Leave a Comment