Typical XABCD pattern playing out as part of a bigger Elliot Wave Cycle.
First target 100% of X leg followed by continuation of 5 Waves.
We can quite easily see NEO at $300-$500 mark by mid-end of year.
Once this cycle fully completes, we will watch for moves after the final ABC pattern plays out as this could still potentially be the first wave of a much larger 12345 wave pattern which could easily see NEO at way over $1000
Share your thoughts, i hold this long term, no day trades just invest in this till the 5th wave plays out for now
First target 100% of X leg followed by continuation of 5 Waves.
We can quite easily see NEO at $300-$500 mark by mid-end of year.
Once this cycle fully completes, we will watch for moves after the final ABC pattern plays out as this could still potentially be the first wave of a much larger 12345 wave pattern which could easily see NEO at way over $1000
Share your thoughts, i hold this long term, no day trades just invest in this till the 5th wave plays out for now
Note
Meant to be NEOBTC, not NETBTC
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.