NEO March 1st Detailed Technical Analysis, Specific Setups. Target $205-$255 after correction phase
General Tone:
There is a high percentage risk setup to catch wave 4-5, though it is not
advised for inexperienced traders.
In a few weeks, there's a 4.4:1 risk to reward setups that is recommended
to consider with target $205-$255
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bearish
Short Term Bias (Today) - Neutral
This is the current wave count
Where is wave 5?
NEO play of the month. When primary waves 1 and 2 complete, we can find support for wave 2 between $108-$115 regions, where the next target is $205 then $255.
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Really great stuff in this post. Thanks very much
Thanks man, you're molding this baby whale into a masterful trader in a mere 2 months, but i'm not done with mama yet ;)
(sounds weird, but i'm cool with it)
Me too - it's an exciting (& highly addictive) journey!
Wave 4 drops below wave 1 territory. Does that not invalidate this or does it just make it a "less than ideal" elliot wave?
I was wondering that too. That's why I come here for answers :)
Yeah, I'd like to know this too, since NEO is now at $118, breaking the wave 1 territory on every time frame chart.
Thank you! I will be keeping my eye on this one! :D
Me too my friend. I got the tickets !Just deciding now when/where. Man I appreciate you so much. You have no idea. It literally has made my year.
Fantastic! I'm sure you will pick somewhere nice where you can relax and enjoy yourself!
I can't tell you enough how much I appreciate you and everything you do as well! And that makes me so happy to hear, I also can't wait to hear where you ended up going :)
P.S. I get those every year so keep in touch... There will always be more, and I love sharing!
Please we still gunna get some live trading. Really insightful, really informative , on point ta.
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Most of the way through the video - yes, it's an interesting setup this one. I have all kinds of troubles with EWs - definitely more study required for me.
Oh great, thanks. Was just looking at it a minute ago.
Perfect timing.
w0000t glad to help
You are by far the most important figure in my crypto noob adventure.
Hi Phil
Just have a simple question. Your bigger wave 4 is overlapping bigger wave 1. Now that's a breach of one of the fundamental rules. I didn't noticed any explanation in the video. Would you elaborate on this?
the ugliest possible leading first wave diagonal. :(
Or that we just started on bigger wave 3? Would you discount this count - just a close-up of the first 4 waves.png)
NEO is a definite long term hold for me.
great that you analyze big coins! thanks