NeosCoin (Bittrex: NEOSBTC) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, NeosCoin began a wave one advance in December 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in June 2017, and the red wave two (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, NeosCoin should be heading next towards the June 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Neos is a community driven, innovative, incentivized and decentralized blockchain-based social media sharing startup. You can view Neos masternodes stats below.
(Sources: Neos and Masternodes)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "NeosCoin will takeout the October peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "NeosCoin will drop below the November low".
If you think NeosCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "NeosCoin will stay in a trading range between the November low and the October peak until February 5".
(Chart courtesy of Tradingview.com (log scale))
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Bonus 2
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