Eboard10

NEOBTC Correction Likely Not Yet Complete

BITTREX:NEOBTC   Neo / Bitcoin
The news of China banning 'ICO' funding has had a big impact on cryptocurrencies, hitting all major markets worldwide. On top of that, there are now rumours that the Chinese government might start inspecting exchanges. NEO came out shortly after saying that they would refund investors who participated in the 'ICO', swiftly complying to the request of the government. All this uncertainty about what is going to happen next and whether other countries will follow suit has momentarily reduces the inflow of new investments into the crypto space and a sell off of all major currencies ensued.

Looking at the longer term trend, the price pattern suggests that NEOBTC             has further to correct before resuming the uptrend. My current target is to see NEO dropping to around 0.0030-0.0025 BTC             over the next couple of weeks before a bottom is in place, somewhere above the previous wave (iv) low. This will provide investors with a great buying opportunity that could take NEO above 0.02 BTC             over the following months.

Despite all the doom & gloom that is being posted around, I feel that NEO and the 'ICO' world as a whole will weather through this temporary headache like it has done several times in the past in a relatively short time.
Watch MACD on daily time frame...getting close now
回复
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持标签 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出