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meszaros
Aug 19, 2017 8:30 PM

The NEOBTC exchange rate correction moves... Short

Neo / BitcoinBittrex

Description

The NEOBTC exchange rate correction moves. According to our strategy, the correction wave will be larger than before. The previous correction wave consisted of one and a half wave. The two full waves will now come together. If our theory is correct, the current correction wave motion will decrease to 0.007193 levels. Turning from this level, we expect a dynamic movement. If we continue to think correctly, this larger wave can go up to 0.020344 levels.
Comments
E-Talker
It seems you were right ;)
meszaros
@E-Talker, Thanks for the comment. With crypto currency exchange rates, the big problem is that if liquidity runs out of the market, it will break. There is no technical strategy at all. As long as this does not happen, it can be traded more easily than many other currency pairs.
UnknownUnicorn1081681
In terms of timing the market, around what specific dates could expect the downward movement at 0.00719349 before the bull run.
meszaros
@Nightblood, First of all, thank you for commenting. As far as market timers are concerned, this downward movement is expected within two weeks. My next explanation. The purple line shown is an ATR axis. It shows that downward forces accelerate (at the same angle as the purple line angle). However, it can also be seen that the force acting on the exchange rate is accelerated, so buyers and sellers are still in the long run. One side has to be weakened for a while, and the upcoming ATR force will speed up the exchange rate fall. It may be a candle. This can not be seen by analysis. I am glad that you wrote. Have a nice day.
Sincerely, Meszaros
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