NEO - Part 2
Updated
Oh history, always repeating, until we notice and you change in front of our very eyes.
Let this not become another example.
I copied the cup and handle from this post
And applied that to the previous run we had in 2017. The handle is not a perfect match, as you can see, but the cup seems to follow the same pattern pretty well.
Only this time the upper trendline, bold line dashed in green, seems to have held a bit better so this time around we've only just entered the accumulation phase hours ago.
Last time you had around 40 days (the green box) to buy before NEO took off like a god. So that's what I'm going to do, this is where I buy and hodl/wait.
The assumption I've explained and shown in the chart is probably wrong, and this could show within days. But this looks like a great time to buy and I do love myself some NEO.
Anyway, I'm stacking all the way down to 0.0043835 or lower but I don't see it drop much beyond that
I am really hoping to sell NEO at 0.024494 but 0.017494 could be all she wrote, eyes on the chart if we get to that point.
Let this not become another example.
I copied the cup and handle from this post
And applied that to the previous run we had in 2017. The handle is not a perfect match, as you can see, but the cup seems to follow the same pattern pretty well.
Only this time the upper trendline, bold line dashed in green, seems to have held a bit better so this time around we've only just entered the accumulation phase hours ago.
Last time you had around 40 days (the green box) to buy before NEO took off like a god. So that's what I'm going to do, this is where I buy and hodl/wait.
The assumption I've explained and shown in the chart is probably wrong, and this could show within days. But this looks like a great time to buy and I do love myself some NEO.
Anyway, I'm stacking all the way down to 0.0043835 or lower but I don't see it drop much beyond that
I am really hoping to sell NEO at 0.024494 but 0.017494 could be all she wrote, eyes on the chart if we get to that point.
Note
The massive fib potential as I see itNote
accumulateNote
NEO weekly chart, look how horrible the last candles are Note
I think the reversal is going to happen in JulyNote
marketwideNote
Looking modestly goodNote
Note
Bounce around 0.005255 ?Note
We aren't out of the woods yet but this could be the bounce I was asking for 4 days ago :) Note
I've talked about the greed of whales but I will never talk about (BTC) whales being greedy, henceforth I will call them generous. For they are allowing me to stack. I have asked the lords for this opportunity and they have bestowed me with their blessingsNote
That 0.0043835 I mentioned could come into play soonNote
It would be nice if we could edit updates for a minute or two, because now this horrible link is in here forever. Anyway, here's the screenshot I was trying to shareNote
Note
stackin'Note
0,003466 is the max bearish target. Anything below that is a steal anyway so I can handle this going either way. Could I become a NEO bag holder in the making? Don't think so when I'm ready to HODL for years but it could always turn out badly.
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