What just happened? Did someone just Pump and Dump NEO right when everyone had their attention on BTC? Are some whales toying with us again!? D4 is panicking!!
Ok guys, just kidding! Of course I know what's going on. And as your faithful and loving servant, I can't wait to let you in on it...
When you look at the NEO chart you see a sudden pump, with a massive volume spike. Look at how much taller those green volume candles are compared to the long period that went before them suddenly appearing. What made NEO pump all of a sudden?
Well first of all NEO had come to the end of a descending wedge, and the natural way from here is up! Also, NEO has a lot of events coming up this month. And on April 14th the nOS is gonna launch. Something that should bring the price up in expectation of the news, and then just before the 14th, it should dump a bit again. Also the NEO community is vibrant, and a lot of super solid ICO's has finished on the platform recently or are currently underway.
So it's no wonder that NEO did a pump. The reason is most likely an expectation of some good news to come very soon. It could insiders trading even. Sometimes D4 just knows something, nobody else knows!
But why did it drop again so suddenly? Surely this is a pump and dump! Look at those massive bearish volume candles on the retracement. That isn't natural!
Well yes, such a sharp drop with so high volume isn't normal on a retracement. But actually there's a simple explanation...
If you overlay the Bitcoin chart on the NEO chart, you'll see that right after NEO's pump, Bitcoin came to the end of its ascending wedge, and it plummeted like a rock. And if you've been following D4 for more than a few days, you should know by now that if BTC falls like this, everything else will fall too.
So NEO just chose a really bad timing for its new bull run. - AWKARD NEO!! Yeah, BTC shot poor NEO right out of the sky.
So what now NEO? Can we continue up along this neat and friendly trendline I just drew in my optimistic mood? I AM convinced, guys! We will go up, up, up...
Wait and see, my friends!
D4 Loves You <3
Please leave a LIKE - Your LIKES are mana for D4's soul <3 Thanks in advance :)
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Boom!! Listen to D4, guys! You can still do it. NEO is SUPER bullish! It doesn't care what BTC does!
Just shoot through EMA100 like it was nothing!!
D4 knows things no one else knows. D4 is everywhere. D4 predicts everything
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NEO is still looking good! A big Inverse Head and Shoulder Pattern has been created on the 2h chart. We have a weak right shoulder, which makes the pattern even more bullish.
As you can see, we also have a bull flag ready to rise that pole even higher. RSI gives us room to go higher, and the bullish MACD-Cross and the histogram are also showing promising signs.
The only thing that can stop NEO going higher will be if Bitcoin will crash soon.
D4 <3
Please give a LIKE, my friends! It's much appreciated - as always. Thanks a lot :)
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NEO is overall doing good vs BTC at the moment. We had some regular bullish divergence, which gave us a reversal. After that we have had a steep uptrend, and are now consolidating. That is ok - we will probably end up making a bull flag or a pennant, which will take us even higher to the red circle.
As you can see we have conquered the RSI 50 Level Resistance, which were an important milestone for NEO.
We also had a bullish MACD-cross not long time ago, and the histogram shows that we will continue up.
We will meet a LOT of resistance at the 50 % retracement level where EMA50 also is located.
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You are welcome, guys! :)
Please give a LIKE <3
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Just to show you, that D4rkEnergY is a crazy guy, I will give you this MAD prediction. Some of you were doubting me when I made the call 2 days ago, but ended up making my self 18 %.
This one is even crazier. NEO will reach 70 dollars soon :)
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As I also wrote on my Twitter Profile - This is not an encouragement for you guys to buy! Only for the crazy ones who loves a boost of adrenaline!
Thanks for covering NEO. Any chance you could cover NEO maybe once a week?
crypto_higgi
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hahaha,
D4 says "And if you've been following D4 for more than a few days, you should know by now that if BTC -0.07% falls like this, everything else will fall too."...
then immediately after that, D4 says "Boom!! Listen to D4, guys! You can still do it. NEO is SUPER bullish! It doesn't care what BTC does!...
D4 knows things no one else knows.
D4 is everywhere.
D4 predicts everything"
Jesus, it is easy to be right if you take each side of the straddle on each opinion. You are right, D4 definitely predicts everything.. he predicts both up and down, at the same time, on each coin.
joelcanon
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I like and follow your work! Thank You! But I have a question - What happens to NEO when your BTC prediction of $4888 happens?
Omhhh
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UPDATE UPDATE UPDATE :)
OptiSi
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I am clapping my hands from excitment !
Shalafi
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@D4rkEnergY this time it is a great analysis. Should I consider getting in yet? I am late to buy in.
onenation
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I'm not touching that with ten foot pole. Good luck guys.
D4rkEnergY
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@onenation, You will regret it within 12 hours, my friend :)
onenation
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@D4rkEnergY, Nice call. I've just been burned too many times on trades like that. Glad you guys won that one though.
salsam
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Hey @D4rkEnergY, when BTC would be going down to 4888.7, the overall mood of the market would be quite negative, do you think NEO would be able to continue its ascend at the same time?