Here's the analysis of #NEO :

#NEO dropped hard and build-up a fresh support around $6.00 - $6.30. Price is pretty much ranging and overall, majority altcoins too. Mostly probably scenario will be, Price is retest to the major resistance zone of $7.70 - $7.95 and drop. Until that, range will play out, so you can trade the range after HTF rejection.

#NEO now forming a triangle pattern inside the consolidation range. Even after the breakout there very less range for the price to move. Wait for a full and clean breakout of the pattern and range too. Take risk accordingly with market conditions.

Here's the analysis of #NEO :

#NEO slides above the major level of resistance and again dipped below at $12.00. Its a major resistance again, and daily candle trying to close below it. If daily candle close below it, then price can easily drop till 4H support around $10.00 - $10.25. You can use Hourly chart to use this opportunity.

Here's the analysis of #NEO :

#NEO moving lower after rejecting the major resistance zone of $12.15 - $12.42 and price about to reach out the flip zone at $10.00 - $10.25. Well, there's pretty much not much range for shorts. Better wait fort he price to reach the any support, and either rejects it or break below.

What is (#PBFT) Proof of Byzantine Fault Tolerance ?

Proof of Byzantine Fault Tolerance (#PBFT) is a consensus algorithm used in distributed systems to achieve #consensus among a network of nodes even in the presence of faulty or malicious nodes. It is specifically designed to handle #Byzantine faults, which refer to arbitrary and #malicious behaviors exhibited by nodes in a distributed network.

In #PBFT, a network of nodes forms a consensus group, and each node takes turns acting as a #leader. The consensus process involves a series of rounds where the leader proposes a value or a set of #transactions, and other nodes in the network vote on the proposed value. #Nodes communicate with each other to reach a consensus on the agreed-upon value.

To achieve Byzantine fault tolerance, #PBFT requires a minimum number of correctly functioning #nodes in the network. As long as a two-thirds majority of the nodes are honest and follow the #protocol, PBFT guarantees that the network can agree on a consistent value, even if some nodes are faulty or malicious.

#PBFT is often used in permissioned blockchain networks, where the participants are known and trusted, and the network operates in a more controlled environment. It provides fast finality, low #latency, and high throughput compared to other consensus #algorithms like Proof of Work (PoW) or Proof of Stake (PoS). However, PBFT requires a higher degree of network communication and is less suitable for open and #decentralized networks.

So, now you're wondering, I've never see any coin using this, Which coin uses this Consensus?

—> This is only the Hot Coin in 2016 - 2017 Bull-Run, which is #NEO Coin.

Here's the Analysis #NEO :

#NEO is been rejected strongly from the major resistance zone of $14.70 - $15.50 and made a consolidation below it. Price build a structural support zone and might gonna push into the strong support area of $11.40 - $11.55. Until then wait for the price to reach either end and Watch Daily TF to build up a support to trade the range.

Here's the Analysis of #NEO :

#NEO is been flipped below the support zone of $11.40 -$11.55 and now become the Resistance now. Price nearly reached out the Support zone of $10.3 - $10.5, where price could react. The range is enough for scalping, so you can try it. Alternatively, you can wait for the price, give a break either side to ride the swing.

What is (#PBFT) Proof of Byzantine Fault Tolerance ?

Proof of Byzantine Fault Tolerance (#PBFT) is a consensus algorithm used in distributed systems to achieve #consensus among a network of nodes even in the presence of faulty or malicious nodes. It is specifically designed to handle #Byzantine faults, which refer to arbitrary and #malicious behaviors exhibited by nodes in a distributed network.

In #PBFT, a network of nodes forms a consensus group, and each node takes turns acting as a #leader. The consensus process involves a series of rounds where the leader proposes a value or a set of #transactions, and other nodes in the network vote on the proposed value. #Nodes communicate with each other to reach a consensus on the agreed-upon value.

To achieve Byzantine fault tolerance, #PBFT requires a minimum number of correctly functioning #nodes in the network. As long as a two-thirds majority of the nodes are honest and follow the #protocol, PBFT guarantees that the network can agree on a consistent value, even if some nodes are faulty or malicious.

#PBFT is often used in permissioned blockchain networks, where the participants are known and trusted, and the network operates in a more controlled environment. It provides fast finality, low #latency, and high throughput compared to other consensus #algorithms like Proof of Work (PoW) or Proof of Stake (PoS). However, PBFT requires a higher degree of network communication and is less suitable for open and #decentralized networks.

So, now you're wondering, I've never see any coin using this, Which coin uses this Consensus?

—> This is only the Hot Coin in 2016 - 2017 Bull-Run, which is #NEO Coin.