💎Technical Analysis Summary💎
BINANCE: YOYOBTC
-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,...
BINANCE:YOYOBTC seems going to previous demand area around 30 Sats as previous fractal has broken on the weekly time frame. The price is traded below the 14 period MA, and 50 Period RSI which confirm the downtrend.
If bulls managed to drive the price up from 40 Sats, then targets are highlighted on the chart which are the previous fractals highs (resistance).
...
YOYO/BTC
-Potential good breakout of the trendline resistance
-Incoming bull cross of 50MA & 20MA
-New support at 106 sats
-Upside target is up to 150 sats
-Stoploss below 103 sats
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Thanks for visiting.
The double test on the resistance and on the 12th a 3rd test without a breakout, confirms the hypotheses that it's back on a bullish week with a 15% to 20% push
Hey guys
Due to BS around YOYOW and people are fearful to enter I will enter with huge amount and pump this coin to moon !!
I won't care of any BS sellers that want to just dump it!! YOYOW is here to stay!!
