YOYOW saw a nice breakout a very short time ago, followed by an absolute smack back down.
In a non shitcoin market, we'd be looking at this as a potential retrace, and with all this money seemingly flowing out of BTC.D, I'm gonna call it the same here.
RSI is overbought as can be and MACD is fighting between bear and bull. Good volume on previous breakout (though the sell volume made it look silly)
Targets are mapped for long term. Potentially higher highs than this over time.
I upvoted with you. great technical setups today, well done!
cryptosince1963
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@abel11, Thank you very much, really appreciate your support!! 🙌🙌
Whalest_
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It's pure gambling. There is no volume. There is only BTC parity in the building. Okex and Bitfinex both have odd parity and no volume. The team is not looking at his telegram account. Github does not work. There is no crew. It's a completely abandoned coin. Trade with high numbers should not be done. High risk trading. If Binance makes the yoyo / btc parity delist then yoyow ends.
Don't invest without thinking about them.
cryptosince1963
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@cryptoWhalest, you're most likely right, I appreciate your input very much and admit I did overlook the fundamentals severely.
Thank you for pointing this out to me and best of luck!
Whalest_
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@reggiogeorge, you are welcome bro.
Crypto_Simp
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It seems like it may have some accumulation before any significant move up.
cryptosince1963
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@Crypto_Simp, Appreciate the input, you may be correct. Definitely a long term play. Always a roll of the dice on the low caps for when it's going to happen.
Crypto_Simp
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@reggiogeorge, Yeah it is a pain because they tend to take off just as you take your eyes off of them because of how boring they are haha
cryptosince1963
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@Crypto_Simp, That's just it lol. Best solution I've found is alert on volume breakout, but since they're so low cap you're already chasing the entry.