Neoscoin has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Neoscoin began a wave one advance on May 9. The wave one finished on May 17, and the wave two correction ended on May 25. The wave three advance finished on June 20, and the wave four correction ended on June 27. If this wave count is correct, Neoscoin should be heading next towards the June 20 peak in the wave five.
(Chart courtesy of Tradingview.com)
Looking at the weekly chart, I believe Neoscoin is currently in the wave three (sub-wave v).
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Neoscoin will takeout the June 20 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Neoscoin will drop below the May 25 low".
If you think Neoscoin is in a range, upvote this post and upvote the comment "Neoscoin will stay in a trading range between the May 25 low and the June 20 peak until July 30".
You can upvote the comment until 3:15 AM EST June 30 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
