NEO is SURGING: It Has Breached Bullish Inverse Head & Shoulders Pattern Neck Line!!! Target $44+ Dead Ahead!!
NEO is surging as I type. The Inverse H&S Pattern's Neck Line that was detailed in my analysis this moring has been positively and decisively breached! The chart below shows the details. Target of $44+ could simply be a temporary target as higher highs are probable!
It feels like everything scaled with BTC pump. Looking good though. I got out at 38 last. Watching it. I don't want this to be just a BTC pump to get people to chase. But we will see. Looking positive though.
NEO moves independently of BTC....if there is a pump and dump with NEO, it will be because of Red Pulse, not BTC. Also, NEO would already be much higher. Its price has suffered because of China's regulations...when China's intentions re cryptocurrency become clearer, and NEO is available to buy more widely, then .... well, Haejin's analysis is showing what will happen...
oh yeah, i forgot about that china stuff. and you reminded me that i dont actually know a lot about Neo.
thank you. im just a part time novice :)
I hope so too, but I'm not counting on it. I have a hunch that NEO will form another ascending right triangle and will explode upwards again; I dont know if this is coincidence or CAUSED by BTC... :/
good luck!
Don't forget to put your NEO in a wallet that lets you generate GAS. It is like a dividend, and thus is a no brainer. NEO will be going much higher!
I love NEO!
What are your thoughts on EOS?
The graphics are very nice, a small investment can be made for testing purposes.
Go NEO! So glad to have my NEO!
Long term I predict this one to go towards $300
I think it will be a short-term goal - to $300. Long-term, I see $1000
That would mean a 40-50 billion market cap. Ethereum has been there, so it is within the realm of possibilities, I agree. I like to try and speculate conservatively though!
Chinese govt will release info on crypto on Oct 20th or so. NEO will explode as they have been working w/Chinese govt since day one. The Chinese will not let outsiders setup shop in China, think Google, Facebook, & eBay, China has their own version of each. However, GAS is more valuable then NEO as GAS is used for every NEO transaction, they are reusable and there is a finite supply.
Where can GAS be attained from?
Poloniex or Binance. For any coin you want to purchase, go to coinmarketcap, search the coin you want and then choose the markets tab. The markets tab will show you which exchanges you can get them from.
$300? define short term pls
12-18 months?
Short terms is weeks I believe