__________     __ __     __  _______    ________
  / ____/ __ \   / // /    / / / /  _/ |  / / ____/
 / / __/ / / /  / // /_   / /_/ // / | | / / __/
/ /_/ / /_/ /  /__  __/  / __  // /  | |/ / /___
\____/\____/     /_/    /_/ /_/___/  |___/_____/

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

NEO Correction Pathways

BY: @haejin | CREATED: Feb. 1, 2018, 4:23 a.m. | VOTES: 342 | PAYOUT: $64.95 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmbHi7XWiw3s6tottAkr4qqantrsxCZSew5iiMLSQU7XQc/image.png]

SUMMARY

NEO has 36 possible correction pathway combinations via Elliott Waves. Combining chart patterns aid in selecting the probable. The below chart shows an upward opinting wedge. IF this pattern completes, it means that the bottom white line support needs to hold. Should price take one more rise; it could represent an opportunity to farm for cash.

[IMAGE: https://steemitimages.com/DQmbEz5vek3ZEXjzvTK9oywii2Bk7i5eSPQHzpdqT1YsGAv/image.png]

A clean ABC zigzag pathway is shown below. The final subwaves of red C wave shows a lower low probable. NEO is expected to continue higher but these kinds of healthy corrections are required to allow price consolidations ahead of next leg ups.
[IMAGE: https://steemitimages.com/DQmfM5fBg1k3NhtSNMcQ8AE7gYQGVh8sQrCVSo8DNgFodPf/image.png]

Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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TAGS: [ #bitcoin ] [ #neo ] [ #cryptocurrency ] [ #blockchain ] [ #altcoins ]

Replies

@freshmaker | Feb. 1, 2018, 4:25 a.m. | Votes: 0 | [ VOTE ]

What does farm for cash mean?

@cryptocultivator | Feb. 1, 2018, 10:14 a.m. | Votes: 0 | [ VOTE ]

Take profit to re-enter at lower prices, or just take profit to use as you wish.

@akintunde | Feb. 1, 2018, 4:26 a.m. | Votes: 2 | [ VOTE ]

I seriously don't understand this kind of analysis. it's time I get studying so I can have a first-hand knowledge of the speculative indications of my favorite coins. Any suggestions on how and where I can learn this will be really appreciated.

@mellinco | Feb. 1, 2018, 4:35 a.m. | Votes: 0 | [ VOTE ]

Check out the links at the end of all his posts ‘Elliot wave counting tutorials’ is a good place to start.
- Has helped me understand a bit. ( I find you do need to watch a few times to really absorb all the info too )

@akintunde | Feb. 1, 2018, 4:52 a.m. | Votes: 0 | [ VOTE ]

Thanks. Will do that

@libertyteeth | Feb. 1, 2018, 6:15 p.m. | Votes: 0 | [ VOTE ]

Also get the two books he recommends: Elliott Wave Principle by Frost and Prechter; and Technical Analysis of Stock Trends, by Edwards, Magee, and Bassetti.

@tj5553 | Feb. 1, 2018, 4:35 a.m. | Votes: 1 | [ VOTE ]

You can always try reading the material in his links at the bottom of his posts. I have not personally gotten around to reading them, but from what I hear, he puts quite a bit of useful information in there. At the very least, it can get you started.

@haejin | Feb. 1, 2018, 3:29 p.m. | Votes: 0 | [ VOTE ]

Please consider reviewing my free tutorials found at end of each blog post.

@alejandrofa | Feb. 1, 2018, 4:26 a.m. | Votes: 0 | [ VOTE ]

NEO is among my favorites, I see a great future for NEO, thank you excellent post

@duane.dos | Feb. 1, 2018, 4:28 a.m. | Votes: 0 | [ VOTE ]

Thanks for the TA @haejin

@coins4max | Feb. 1, 2018, 4:28 a.m. | Votes: 0 | [ VOTE ]

Do you think we should wait to bring out the buying ladder? Or is it time?

@haejin | Feb. 1, 2018, 3:31 p.m. | Votes: 1 | [ VOTE ]

I'm not buying yet. Will announce and post my ladders.

@swiftsid | Feb. 1, 2018, 4:29 a.m. | Votes: 1 | [ VOTE ]

Hi Haejin! Thanks to you and showing me a few technical analysis I have started my own steemit account! I have done a technical analysis on Ripple today! Please check it out!

I would recommend anyone wanting to learn technical analysis and elliot waves to have a coaching session with Haejin! He's very patient and educational!

Wishing you massive profits!

@leecowell | Feb. 1, 2018, 4:33 a.m. | Votes: 0 | [ VOTE ]

Thanks Haejin.
How is Litecoin looking?

@shawnster | Feb. 1, 2018, 4:40 a.m. | Votes: 0 | [ VOTE ]

$80 is what i've been looking at in my analysis unless it follows haejin's primary count...i will be foaming and salivating at the mouth if it falls to these levels...time to put my shopping list in check...cheers guys

@cryptogrounds | Feb. 1, 2018, 4:41 a.m. | Votes: 2 | [ VOTE ]

100x 2018 - ICO about to end

https://steemit.com/cryptocurrency/@cryptogrounds/loyalcoin-loyal-rewards-on-the-blockchain-ico-98-sold-out-ends-in-10-hours

@danpaulson | Feb. 1, 2018, 6:36 a.m. | Votes: 0 | [ VOTE ]

This isn't the place to be shilling coins. Please stop or you will be flagged.

@salmantahir33 | Feb. 1, 2018, 4:43 a.m. | Votes: 0 | [ VOTE ]

Great cryptocurrency

@xedter | Feb. 1, 2018, 4:45 a.m. | Votes: 0 | [ VOTE ]

👍👍👍

@teku | Feb. 1, 2018, 4:45 a.m. | Votes: 0 | [ VOTE ]

excellent analysis friend, you also have to be aware of the btc

@dustynyquist | Feb. 1, 2018, 5:01 a.m. | Votes: 0 | [ VOTE ]

I've made an interesting observation of the price action of corn from 2006 and 2007. What's interesting about the chart is that it's so uncanny how it looks like BTC. Notice the A,B,C,D,E, wedge correction just like BTC's. It's important to note that the CME is active in both these trades now. Check out this chart...
[IMAGE: https://steemitimages.com/DQmevVeSUxYo4FmTKhxVcnPg77fjvLM5WNazDrtrj1YRLcZ/corn%202007.png]

@dustynyquist | Feb. 1, 2018, 5:02 a.m. | Votes: 0 | [ VOTE ]
@dustynyquist | Feb. 1, 2018, 5:02 a.m. | Votes: 0 | [ VOTE ]
@christianfoto | Feb. 1, 2018, 5:08 a.m. | Votes: 0 | [ VOTE ]

exelente...

@ny4.one | Feb. 1, 2018, 5:08 a.m. | Votes: 1 | [ VOTE ]

I don't understand what this mean

@bonkite | Feb. 1, 2018, 5:11 a.m. | Votes: 7 | [ VOTE ]

Neo is by far my FAVORITE alt coin pick for 2018, at least for the first two quarters. The gas produced by this currency is just too cool and such a great investment! I'm really glad to see you posting projections on Neo, I read every last one of your projections but this one I had to comment on because even though there are 36 possible different combinations, the obvious pathways are clearly visible. I see quite a few variations in the path it could take but there are only three or four obvious Pathways that are as clear as day to me when I look at these charts. Thank you so much for posting your projections on Neo @haejin, you are so educated on this stuff, I feel blessed to know you.

By the way I would like to say that all of my projections and theories that I have on every coin have Spawn from the knowledge of Elliott wave theory and your projection charts that I've learned from you over the last few months. I watched you on YouTube before I ever joined steemit, I joined because I just had to get closer to the source :-)!

@h00pla85 | Feb. 1, 2018, 1:18 p.m. | Votes: 1 | [ VOTE ]

Granted you need a ton of NEO to make any gas accumulation worth it. I was in when it was antshares, man I wish I bought more. Some great projects being built on NEO, 2018 will be a great year for them. It will be interesting to see how Onchain progresses and how it will relate to NEO

@haejin | Feb. 1, 2018, 3:29 p.m. | Votes: 0 | [ VOTE ]

I will continue to do utmost to provide as helpful analysis possible.

@lopa | Feb. 1, 2018, 4:27 p.m. | Votes: 0 | [ VOTE ]

"As helpful analysis possible" ? k

@investingtips | Feb. 1, 2018, 7:10 p.m. | Votes: 0 | [ VOTE ]

Bitcoin future looks bleak in my opinion: https://steemit.com/bitcoin/@investingtips/i-m-out-of-crypto

@timchau | Feb. 1, 2018, 6:02 a.m. | Votes: 0 | [ VOTE ]

Hi Haejin, I enjoyed our private coaching yesterday. I have a question on the second chart for NEO. Would the bottom chart be an extended flat? 3,3,5?

@haejin | Feb. 1, 2018, 3:31 p.m. | Votes: 0 | [ VOTE ]

C could extend more...much depends on BTC trajectory. There are times when A is so much longer that C is shortest. I'm thinking that for current situation.

@stefenchoy | Feb. 1, 2018, 6:14 a.m. | Votes: 0 | [ VOTE ]

thank you for the analysis. can you tell me what "farm for cash" mean? does it mean sell?

@john-crypto | Feb. 1, 2018, 6:20 a.m. | Votes: 0 | [ VOTE ]

Neo is making wave in the crypto world

@bitcointv | Feb. 1, 2018, 7:01 a.m. | Votes: 0 | [ VOTE ]

BitShares?

@jacex | Feb. 1, 2018, 7:12 a.m. | Votes: 0 | [ VOTE ]

What about a neo/btc chart instead of usd?

@muhammadkariman | Feb. 1, 2018, 8:17 a.m. | Votes: 15 | [ VOTE ]

a very good post
anyone who reads it will like it
I really like your posts
@muhammadkariman

@shubham440 | Feb. 1, 2018, 8:35 a.m. | Votes: 14 | [ VOTE ]

neo will beat bitcoin and ethereum very soon just wait and watch :-)

@hakeemshah96 | Feb. 1, 2018, 8:41 a.m. | Votes: 15 | [ VOTE ]

Hi @Haejin... I have been following you recently and enjoy your posts.

It saddens me to see you And @ranchorelaxo get trolled by people who have nothing better to do. If it ever bothers you, just know that the forces of evil like to enjoy beautiful things.

@redhotcityy | Feb. 1, 2018, 9:04 a.m. | Votes: 0 | [ VOTE ]

good work. thanks for sharing.

@zomb6t | Feb. 1, 2018, 9:04 a.m. | Votes: 14 | [ VOTE ]

Haejin could you do an update to Spreadcoin (SPR) it corrected from 24682 to 0,786 fibo at 7000 i think the correction should be over but i want to see yours prediction

@dunndeegan | Feb. 1, 2018, 9:46 a.m. | Votes: 0 | [ VOTE ]

Hello Haejin!

Could you please check out KIN? I think we can make some good profits off of this coin.

@pepsico2020 | Feb. 1, 2018, 11:10 a.m. | Votes: 14 | [ VOTE ]

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@raharachte | Feb. 1, 2018, 11:34 a.m. | Votes: 0 | [ VOTE ]

This man makes more then 600 dollars a day, only giving signs.
Hold your chest if he's investing :D

@constantpan | Feb. 1, 2018, 12:43 p.m. | Votes: 0 | [ VOTE ]

Man, Wow, have you seen all the HATERS you have out there? OMG. Envy, envy, envy.......... Steadfast!

@libertyteeth | Feb. 1, 2018, 6:18 p.m. | Votes: 0 | [ VOTE ]

The Mute button is a godsend.

@mudblood | Feb. 1, 2018, 12:54 p.m. | Votes: 0 | [ VOTE ]

You are greatly appreciated. Thank you for posting the tutorials I'm trying to learn how to read the charts better currently and it's helping. Keep posting! :)

@saadithya | Feb. 1, 2018, 1:47 p.m. | Votes: 2 | [ VOTE ]
@haejin | Feb. 1, 2018, 3:30 p.m. | Votes: 0 | [ VOTE ]

That's a good sign. The bottom is near.

@ablaze | Feb. 1, 2018, 4:14 p.m. | Votes: 0 | [ VOTE ]

:) Brilliant!!

@embracingchaos | Feb. 2, 2018, 9:09 p.m. | Votes: 0 | [ VOTE ]

That made me laugh out loud 😂😂😂😂😂😂

@kevitos | Feb. 1, 2018, 2:05 p.m. | Votes: 0 | [ VOTE ]

Let’s look at just some of Haejins predictions for popular coins in past month.

Nice predictions bro.... might have been better off putting money on the horses.

21 days ago - IOTA

https://steemit.com/iota/@haejin/iota-is-carving-out-a-triangle

Haejin stated correction nearing end. Suggested buy. Target $12.20.

Currently = $1.85 (-55%)

26 days ago - XVG

https://steemit.com/money/@haejin/verge-explosion-alert-verge-is-about-to-geyser-out-of-the-triangle

Haejin wrote VERGE EXPLOSION ALERT. VERGE ABOUT TO GEYSER OUT OF THE TRIANGLE

Currently = $0.060 (-80%)

21 days ago - XRP

https://steemit.com/blockchain/@haejin/ripple-xrp-projected-to-make-tsunami-profits

Haejin wrote Ripple to make TSUNAMI PROFITS. Advised correction nearly complete. Predicted correction bottom ~$1.50

Currently = $1 (-33%)

25 days ago - STEEM

https://steemit.com/steem/@haejin/steem-btfd-explosion-imminent-target-usd14-dead-ahead

Haejin wrote EXPLOSION IMMINENT Target usd $14 DEAD AHEAD. Haejin’s suggestion: BTFD

Currently = $5.90 (0% - wow that was real “imminent”)

15 days ago - TRX

https://steemit.com/bitcoin/@haejin/tron-trx-breakout-expected-imminent

Haejin said Tron breakout expected IMMINENT. Strongly suggested buy. Projected bottom $0.60.

Currently = $0.046 (-25%)

@haejin | Feb. 1, 2018, 3:32 p.m. | Votes: 0 | [ VOTE ]

You go only 1 month back? What not back to June? I'm still 20X since! Instead of cherry picking, be more balanced.

@crypto3em3 | Feb. 1, 2018, 2:41 p.m. | Votes: 0 | [ VOTE ]

Seemed to soon for Neo to reach $200, rather a slow climb then p n d

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