Very strong downtrend forming. looks to bounce off the support then go to the next resistance very good swing plays here IF you decide to jump in when she drops to a support level.
I found a fractal that fits almost exactly from an XYO lower time frame. Let's see if it happens on the higher time frame.
XYO has finally let loose and rising steadily Can see it rising for most of the day :) or at least another 5-7 hrs if BTC settles down and it seems it will other coins are ready to pump Mana, Jasmy Axie ... Shaping up to be a good day to trade :)
An idea for XYOUSD Circles suggest another rejection, creating the triple top This aligns well with both circles, one being the rejection point, the other a support point
XYO is rising ...strengthening perhaps a breakout here soon :) If BTC stays steady to allow it to happen.
For the USD pair, I mainly want to note how we are at the same RSI level as the last two previous rallies. As for the BTC pair below, we have not yet reached the mark corresponding to the bull flag that began this run... notice the similarities in the chart pattern and RSI. If we assume the flat price of a $60k Bitcoin, the price corresponding to the flag pole...
I think we are facing a demand zone both in XYO-USD and XYO-BTC pairs, this should be the right moment to set some trade up. XYO had a big rip in the past days followed by boring decline, maybe we'll hit enough demand to resume the run up. Let's try with the usual 1:3 trade setup!
XYO has been steadily rising and a new ATH is expected :)
Just a observation i am not an expert on chart analysis, i have gotten better since studying crypto over the last 8 months, anyone is a good trader in a bull market i have heard though.
If anyone has more informed info i would love to consume the intellect.
Usually a day trader but Hodling now, going to see how this works out. of course you can see where i may panic if it doesnt work out then immediately when i sell if not when because it wont hit that threshold.
Riding the XYO ascending channel up to Fibonacci land. Look for reaccumulation at the .618 to take profit and/or liquidate in the event of distribution. Wyckoff VSA crypto investor and swing trader. I regularly seek out the most lucrative swings on all major crypto exchanges. All my charts are clean, straightforward, and easy to follow. No junk, no needless...
I just thought as i watched that green candle it is fighting and looks like a sword.
XYO has finally started making a move upwards :) RSI is good as well as the volume not certain where this will end up but at least it'll be +
This support is holding great and if it keeps up i predict a skyrocket launch to 14 then 975 support.
XYO has been a solid mover the past week. It is currently retesting the top of its break out on 9/11 and starting to round up. I am buying in here at .0540 for a couple reasons: It has a history of pumping when a Demark 9 flashes on the 6HR chart. It retested its original break out and is rounding up. The STOCH is extremely low. Money is flowing back...
We are at the bottom on the 4 hour up trend and In a chop zone just above the 20 EMA. Looks good on the adx for more upside momentum as long as we stay in this uptrend.
i bought a little to quick ahead of the dip but it looks like up from here to me. This could be a bullish penant but really no one knows and i could be wrong. the circles are my entrance and possible exit points