- YOYOBTC recently broke a downtrend and touched his 1h valley.
- We expect the price to keep laddering and holding the uptrend, to potentially retest (or break) the next resistance (276).
- PS: Keep an eye on BTC
Target: 276 (8.66 %)
Stop: 251 (1.18 %)
Cup and handle on the 4 hour chart. EMA's coincide with buy ins. Target profit should max 815 but will be staggering sells from 750 and up. Bullish divergence on OBV. Long term play should hodl through June most likely.
Commodity : YOYOW
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit :...
I think YOYOBTC was a candidate for a pump and dump. In the two months prior, YOYO had been pumped almost exactly 50% on two separate occasions before losing its new value. On Monday this week YOYO climbed and fell 20% during US business hours which I think this was accumulation. Thursday came around and at 4pm EST the pumpers were ready to send the market into a...
By the grace of Allah the most high my previous idea:
generated more than 16 percent profit.
Now continuation with same pattern the price action is going to start the formation of C to D leg soon.
This time we have 200MA in potential reversal zone and 100MA is...