Jump to content

NEO/U.S. dollar(NEOUSD) Elliott Wave Technical Analysis 16 October 23


Recommended Posts

Elliott Wave Analysis TradingLounge Daily Chart, 16 October 23, 
NEO/U.S. dollar(NEOUSD)
NEOUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Double  Corrective
Position: Wave (Y)
Direction Next higher Degrees: Wave ((B))  of Flat
Wave Cancel invalid Level: 5.96
Details: The corrective of wave (Y) Likely move down to 5.94 

NEO/U.S. dollar(NEOUSD)Trading Strategy:  A decline below 7.08 makes the triangle complete at 7.68, also the price below the MA200 Line, Overview still is a downtrend, and the price move to  wave ((5)) which a last wave before change a trend.

NEO/U.S. dollar(NEOUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, RSI is a Bearish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA





Elliott Wave Analysis TradingLounge 4H Chart, 16 October 23,  
NEO/U.S. dollar(NEOUSD)
NEOUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Triangle
Position: Wave (E)
Direction Next higher Degrees: Wave (4) of Impulse
Wave Cancel invalid Level: 
Details: Weve 4 may be complete and the ptice decline again in wave 5

NEO/U.S. dollar(NEOUSD)Trading Strategy:  A decline below 7.08 makes the triangle complete at 7.68, also the price below the MA200 Line, Overview still is a downtrend, and the price move to  wave ((5)) which a last wave before change a trend

NEO/U.S. dollar(NEOUSD)Technical Indicators: The price is below the MA200 indicating a downtrend,  RSI is a Bearish Momentum.

Crypto23(1).thumb.png.bd50a054dc12e39634c9ad0c95068e46.png

Crypto 23.png

Link to comment
  • 2 months later...
On 23/10/2023 at 01:09, blazely said:

Nice one mate. It's been long I looked up NEO. I think I will check it out this time with your analysis. If I'm not able to meet up looking at my chart,  I'll use my Dual Investment Strategy to set both prices

That'll be awesome but I'm gonna grab it after a little retracement... Have a spot limit order on Bitget....

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Elliott Wave Analysis TradingLounge Daily Chart, Bitcoin/ U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse position: Wave V Direction Next higher Degrees: wave (III) Wave Cancel invalid level: Details: Wave V is Equal to 61.8% of Wave I through Wave III at 87253 Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: BTC is still moving in an uptrend. This is a V-wave increase in the Impulse Wave pattern, so we will focus on the five-wave increase. and look to join the trend from the correction. Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum. Elliott Wave Analysis TradingLounge H4 Chart, Bitcoin/ U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse position: Wave V Direction Next higher Degrees: wave (III) Wave Cancel invalid level: Details: Wave V is Equal to 61.8% of Wave I through Wave III at 87253 Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: BTC is still moving in an uptrend. This is a V-wave increase in the Impulse Wave pattern, so we will focus on the five-wave increase. and look to join the trend from the correction. Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.     Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!  
    • NASDAQ Stock market Elliott Wave Analysis and trading strategies: NASDAQ 100 (NDX) QQQ ETF, SP500 (SPX), SPY,  Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL)  Elliott Wave Analysis of NDX Tech Stocks: NASDAQ Elliott Wave (i) of v) of 1 of (5) of 3).  The main wave count for stock and indices is still on track. Only very short-term trade should trade long. Swing trades should be looking to scale out mid to later this week. Our next serious long trade will be from Minor Wave 2 low. AMZN and TSLA have different counts, however on an intraday basis they will move with the general market, just with different counts. Video Chapters 00:00 NASDAQ 100 (NDX) SP 500 04:13 Apple (AAPL) 09:34 Amazon (AMZN) 12:14 NVIDIA (NVDA) 14:08 Meta Platforms (META) 15:39 Netflix (NFLX)  16:41 Alphabet (GOOGL) 17:32 Microsoft MSFT 18:31 Tesla (TSLA) 20:25 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge.com   
    • I am already staking my eth on the platform and currently holding BGB to explore their PoolX event that has a similar high APR.
×
×
  • Create New...
us