SUMMARY
Still at the slopes! Feeling a bit old as the moguls can take a toll on my knees!
Here is NEO which has solidly hit my prior $60.47 target. Remember the "Hurry Up & Wait" syndrome. No correction is quick for any altcoin. The impulse waves are always done lightening fast with vertical price moves but the corrections are always slow...sometimes slower than molasses flowing uphill outdoors on a cold day! So, NEO is currently correcting and when in doubt, it's almost always some kind of a triangle. To that end, I've labeled the a,b,c,d,e accordingly and this pattern will allow the fufillment of the "Wait" phase. Once this correction is done, the rise is expected to be a sight to behodl! Target is $144.09 or HIGHER!!
NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!
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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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