NEO is at $32 or so while Bitcoin is $4,600+...not fair! Wah! Wah! Wah!
We all feel this way when we don't get what we want...but dsicipline and serenity overules this emotion.
Here is my NEO update where given the new price data, I've repositioned Wave (iii) and (iv) (blue). Wave (iv) blue is expected to form an a,b,c,d,e triangle. The lower blue line support has held the last three times and is expected to hold this time as prices are sitting on it. The longer term support (purple) is meeting at the current price point...I don't believe this is a coincidence. Let's see how the rest of the day carries the prices. The video analysis has tons more details.
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: 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.**
Can you make an update on BCH? There was a flash crash against BTC today it went down to 0.01 and it has lost key supports, you're still seeking that fractal?
Thank you for your amazing work!
I thought I saw an inverse H&S forming inside the blue triangle.... I guess I am correct! I'm learning from you, @haejin! :)
Edit: You call it ABCDE. It looks like inverse H&S to me... Maybe I have more to learn, hmm.
People are all selling alt coins to go into bitcoins for the hardfork. I would wait to buy in a few weeks :)
Isn't that supposed to happen next month? Dumping your alts 25% below their value... and it may not result as BCC did. But still... you do have a point :)
Check now 😀
Slowly going up again. Is thst what you mean? I see there is the hard fork next month and BTG (a soft fork?) by 25th this month. I also read BTG will initially trade at 0.1BTC, but I don't think a lot of people will pay more for BTG than for BCH. So I don't get why selling alts so cheap. I think is a huge risk.
Good point gave you a follow !
I love expressing the emotion tho lmao. What are your thoughts on leverage trading?
Never margin
It's how I made all my profits.
...And how I lost them all ;)
Be careful. It can go badly very quickly. Always double check your trades & charts when using margin.
This advice goes a long way: “[Be] fearful when others are greedy and greedy when others are fearful.” - Warren Buffett
Thanks for advice @bonf. Probably wont do it just curious :)
Hmmm... if it plays like this I might sell at D and buy at E... but what if the longer term support puts E higher... like 35 or so. It could still work. It might be fun to try.
question, based on current prices and your TA of both, are you more bullish on NEO or NEO GAS right now?
I noticed something on the NEO chart. Is that valid?
https://steemit.com/cryptocurrency/@attila73/neo-is-this-a-head-and-shoulders