Echinox

Primary count for NEO/BTC

BITTREX:NEOBTC   Neo / Bitcoin
I think NEO needs to correct a bit more before we see wave III             into play.
The bottom will likely be at 0.0636 BTC             .
After that we will see a big opportunity.
Chart shows long term view, with an expanded 5'th wave, like we've seen so often in the crypto world.

On the other hand we have Haejin, who is a master of Elliot Wave and patter recognition that has a different view on the matter.
If you have not followed him on steemit, you are missing on a gold             treasure! His expertise is priceless!
Here is his view: https://www.youtube.com/watch?v=4MCMrEA2IkQ
And here is his steemit account: https://steemit.com/@haejin
Best advice I can give you: Follow him!

Disclaimer:
I am not a financial advisor and this is not financial advise. When you enter a trade you should do it based on your own reasoning. Never trade with more money than you are willing to lose!

I am no expert. This is just a good way of learning and keeping track of my evolution!
If you disagree, please leave your comment below with your point of view!
Positive criticism is always welcomed!

Happy trading!
While I am not saying NEO doesn't need to correct, the launching of its first ICO tomorrow may continue to drive it higher
Balas
Echinox evanrosshackler
@evanrosshackler, I did not know about it.
Is this the one you are talking about?
http://ethereumworldnews.com/neo-based-ico-launched-aphelion-building-p2p-trading-dapp/
Do you think that is likely that this news is already baked into the price?
Balas
@Echinox, I think its bullish regardless of whether its fully or partially factored in.
Balas
@Echinox, ICO he is talking about is Red Pulse ICO. First Offical ICO only accepting NEO.
https://coin.red-pulse.com/
Balas
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