NEO:HOLD fair launch altcoin that no one holder can own more than .5% of supply. support resistance flip of first top. Breaking out with good volume. Just buy and hold for long term at these levels. Diamond hand this.
So as you can see I have drawn what looks to me like a giant bull flag on Bitcoin Vs. USD, it looks close to breaking out and I personally will be aiming for the diagonal line coming down from the previous two tops and then re-evaluate. I think we see a lot of folks waiting for a pull back/ Short opportunity that doesn't come for a while and be stuck on the...
I am just posting this for fun, also I hope this does develop into the beginning of a massive uptrend for this asset, Cheers.
As many times as we tested 6k as support before dropping below and turning it into resistance, I would not be surprised to see us go to test that 5500 area as resistance after breaking out of this triangle.
Well considering it's been down %90+ from all time high USD value, I'd say the chances it has bottomed in the short term are fair. What do you think?
Hi, thanks for reading, I wanted to see what you thought of this, could this be the proper way to use this elliot wave count or does it look just random?
I don't know what I am doing really, I like triangles though.
Some positive news here, I see similarities between this and the ontology listing earlier this year, this is good news.
I am a beginner but hear me out. I look at this chart and it seems like it is forming higher highs and higher lows. Bullish engulfing candle so I think it continues this momentum. I am going to set a tight stop loss though. Just thought I would share, what do you think?