ANC Annalyse technique for next Wave Hello Everyone
after First share annalyse i did i was too sure from it … like 99.99%
in this annalyse i m sure too but like 80% all of that because of BTC annalyse is making every other coins hard to annalyse
in my Opinion BTC will hit 23500 and dump again this is the small shot for ANS to hit at least 0.26 more than that it can hit 0.90 in short of time it depends on how long BTC Will stay in 23500
this is annalyse of me i m not going to tell you guys that I m A god and everything is correct so don't trade on my annalyse trade on your own annalyse i m here sharing my work and you compare it with yours and others to see where we at sometimes we don't count all the waves correctly.
good look and trade safely.
#WILDCAT
Ans
Just wanted to know if its a valid ascending triangle for BTCUSDJust wanted to know if its a valid ascending triangle for BTCUSD. Would really appreciate a good answer/explanation!
NEOUSD: Near the long term bearish target. Potential for -50%.The coin eventually broke the 13.55 1W Support hitting that medium term target and is now close to our 8.78. 1W eventually developed a Channel Down (RSI = 31.809, MACD = -12.044, Highs/Lows = -6.4159, B/BP = -12.9319), which despite being oversold can even extend to a 3.80 Lower Low as part of the bearish cycle completion. We will update near the end of the year if we start the accumulation process, as this target will complete our shorting strategy of the past 10 months.
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NEOUSD: Broke the previous Low. Support is next.The 1D Falling Wedge (RSI = 32.937, MACD = -0.573, Highs/Lows = -1.0165) is approaching its exhaustion point near 14.50, having already crossed the previous 15.25 Low. The 13.55 1W Support is the next obvious target, crossing of which will validate the much anticipated 1D Channel Down. We are keeping our ong term TP at 8.78.
NEOUSD: 1D Falling Wedge approaching the support. Short.NEOUSD has been flat for the past 5 sessions on 4H (RSI = 51.700, Highs/Lows = 0.0000, ADX = 18.006) as the 1D Falling Wedge (MACD = 0.300, B/BP = -0.1313) is consolidating before making another low (possibly at 14.500. We are still expecting a break-out and a test of the 13.55 1W Support. Our long term TP is intact at 8.78.
NEOUSD: Triangle crossed. Expecting a support test.The 1D Triangle broke to the downside and a Channel Down has emerged (RSI = 43.625, MACD = -0.651, Highs/Lows = -0.0902, B/BP = -0.0642). The obvious technical target is the 13.55 Support, which if broken should swiftly lead to our TP = 8.78 and on a Lower Low for the Channel Down. The bearish long term trend of the 1W Channel Down (Highs/Lows = -2.4138) is still dictating the direction for NEOUSD.
NEOUSD: Lower High made on 1W. Channel Down emerging.NEO has now exhausted the 1D Triangle's bands (MACD = -0.190, B/BP = -0.2168) as it touched the Lower High resisting line of the 1W Channel Down (RSI = 37.207, MACD = -11.878, Highs/Lows = -2.4020). A Channel Down on 1D is expected to emerge on a gradual pace and accelerated if the 13.55 support breaks. As a result we are keeping our short on NEOUSD with TP = 8.78.
Triangle still intact but approaching the completion point.NEOUSD is still under the relative neutral bias of the 1D Triangle (ADX = 12.107, Ultimate Oscillator = 49.858). This is however approaching the Lower High resisting line of the 1W Channel Down (RSI = 37.006, MACD = -11.677, Highs/Lows = -3.5196, B/BP = -13.7590). We expect a bearish rejection on that point and a new Channel Down to emerge, so we remain short with TP = 8.78.
Triangle keeping the price neutral. Bearish confirmation upon suNEOUSD is stalling the downtrend indicated by the underlying long term bearish trend on the 1W Channel Down (RSI = 37.081, MACD = -11.565, Highs/Lows = -4.0555, B/BP = -14.5653) as a 1D Triangle (RSI = 45.534, STOCHRSI = 47.026, CCI = -19.7242, Highs/Lows = 0.0000) is supporting the price above 16.00. This is the support we are looking to cross, and a break-out is confirmation of the downtrend. Our TP remains 8.78.
Bearish continuation both on 4H and 1W. Approaching the support.NEOUSD is on a descending course both on the 4H Channel Down (RSI = 44.300, MACD = -0.258) and the 1W Channel Down (RSI = 36.441, MACD = -11.531). On 1D however it is restrained by a 19.85 Resistance and the 13.55 support, which is slowly approaching. We expect a test (and most likely break-out) in the coming days. TP = 8.78.
1D Channel Down intact. Bearish continuation.NEO has kept the 1D Channel Down intact (MACD = -1.341, Highs/Lows = -1.9246, B/BP = -3.4425) and is now approaching the August 14th bottom at 13.55. Despite the oversold action on STOCH, STOCHRSI, Williams, the Lower Low potential extends to and even beyond 3.79. However we continue to pursuit a more moderate short target on NEOUSD (TP = 8.78).
Lower High made. Bearish reversal on 1W. Short.NEO has made the Lower High (Highs/Lows = -8.5242) on the 1W Channel Down (RSI = 36.959, MACD = -11.383, B/BP = -16.0980) exactly on the Resistance limitation zone (blue curves). Remember mentioning on the previous post that any Lower High attempts will be contained by the blue curve formations below 25.00. 1D should now utilize this momentum (MACD = -0.814, CCI = -55.1910, STOCHRSI = 23.235) to test the 13.55 support. We remain bearish on NEOUSD with TP = 8.78.
Attempt for a new Lower High. Still short.NEO has made a new High on 4H (RSI = 60.540, Highs/Lows = 0.4897) and is fast approaching the Lower High limit on the 1D Channel Down (RSI = 47.187). As long as 1W remains on a long term bearish curve (MACD = -11.553, Highs/Lows = -8.8489, B/BP = -23.5253), any Lower High attempts will be contained by the blue curve formations below 25.00. TP on NEOUSD is still 8.78.
Consolidation below the bearish line. Still short.NEOUSD has succeeded at trading on low grounds still below the bearish trend line (red dots) of the last 1D Lower High (RSI = 37.803, MACD = -3.103, B/BP = -2.1943). As the neutral Williams = -48.763, CCI = -20.7280, Highs/Lows = 0 indicate, the price is near its Lower High limits, which extend up to a maximum of 21.96. As soon as this consolidation on 4H comes to a close (RSI = 47.553, CCI = 15.0206, Highs/Lows = 0) we expect NEO to reach our TP = 8.78.
Target hit. Triangle broke. Short.TP = 27.10 hit as the 1D Channel Down (Highs/Lows = -4.7091, B/BP = -9.5398, MACD = -3.703) aggressively tested the support of the 1W lower trend line (blue dotted). The circle represents the break - out continuation point of this 1W bearish trend. If not broken then NEO will most likely test 27.08 as a Resistance on 1D and form a Lower High, before eventually resuming the long term decline. In both case the TP is 8.78.
