YOYOBTC is now breaking bullish after a higher-low...
This pair here is looking really good and has lots of potential for additional growth.
We have increasing volume while prices move back above EMA10, EMA50, EMA100, and MA200.
You can find additional targets if you zoom out.
Previous idea +70%. Pretty simple and predictable tool for trading. The price has depreciated by 99%. The main trend is downward, the price has formed a channel width of 50% for over a year. From May to September the price was in the upward secondary trend and reached the boundary of the channel, where on 16.08 there was the culmination of purchases. Then we see a...
💎Technical Analysis Summary💎
-YOYOW formed a trendline resistance rejecting the price lower
-My short term bias is to retest swing low support area at the 70s sat
-Buyers might enter to rebuy at key areas for potential midterm movement
-Buy my advice is always to wait for proper breakout confirmation
-Until the trendline resistance is valid,...
YOYO has been accumulating for a long time
1 - 0.0000021
2 - 0.0000026
3 - 0.0000034
4 - 0.0000054
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Waiting for your comment, what do you think about this?
-Broke the mid-term trendline resistance
-Bullish if the daily candle can close above this resistance area
-Currently trading above all important moving averages (50ma & 200ma)
-YOYO has the chance to change the market structure to an uptrend
-The immediate area of support is located at 126 sat range
-Upside potential is up to 268 sat
-Found support at the last Fib .786 and previous key areas
-We can see the price bounces in this region
-If everything starts to settle down for the next few days
-This coin will likely to retest the 110-14 potential resistance area
-Bearish scenario, a break below 86 will lead to further downside action
A Chinese coin with an excellent team. It was created by senior members and developers of Yoyow Bitshares. They founded China's first blockchain-based social media, biask.com. they switched to their home networks. explorer.yoyow.org Yoyow is a coin that i have studied well. Will make a huge increase soon. Whales ready for flying.
It shows very nice signal for an uptrend with 2 possible target after the price went over 117 sat. level
Check comment section for current situation with wedge which is looks very nice to move upwards and start point for an uptrend