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XYOBTC trade ideas

XYO - Small Market Cap Gem in Coinbase! Falling wedge!Whales/elites will not miss any opportunities into making money. They simply buy the fear, hype up the market, take profit and crash it again after taking profit. Instead of beating then, lets ride with them! ;) Old Chart below!! Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!! People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short-term dips/rise. Short term is irrelevant for the move that is coming! You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News is manipulated by the elites, and they take advantage of our emotions. Stop listening to the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions! Facts: 1. We are creating another falling wedge! 2. Stochastic RSI - Each time we cross, we did a 2x-36x in Satoshi's! Crossing imminent! 3. RSI - Highly oversold on the weekly and creating a "Hidden Bullish Divergence"! 4. Small Market Cap Gem! Only $430 Million Market Cap! Lots of room to grow! 5. In all the biggest exchanges, including Coinbase! Buy and Sell Targets: Check the chart! "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch "The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become." "If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
Long
by jaydee_757
6
Coin with ValueHere is 1 more trading that I am trading at the moment. Intent is to keep the coin for long term but here are some targets for some short term traders. Fundamental: A reliable oracle system with good development and history. You won't get looted/REKT with that. Technical: Breaking Resistance with nice volume I've already entered trade with very tight Stop Loss as you can see in the chart. As coinbase getting popular. More retail money is coming in cheaper coins. That will give coin a nice pump #DYOR ~CHEERS
Long
by invest_4life
XYO - Once Bitcoin Dominance go down, XYO will rise!Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!! People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming! You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions! Facts: 1. Since the USD pairing has little data, I am charting the BTC pairing of XYO. Once Altcoin season starts, this will MOON! 2. Its already located on the biggest exchanges like Coinbase and Kucoin 3. Creating a Falling Wedge which indicates a bullish reversal soon! 4. Stochastic RSI - Awaiting bullish cross on the weekly and both lines above the 20 level for confirmation! 5. RSI - Still oversold on the weekly! Been following trendline for 8 months! Buy Target (Buying using Bitcoin): Target 1: 0.000000413 (Corresponds to the 1.618 Fib and ATH of body candle) Sell Target (Once the Bitcoin pairing reaches, will be selling into Bitcoin or USD): Target 1: 0.0000019309 (Corresponds to the 1.618 Fib and ATH of body candle) Target 2: 0.0000028778 (Corresponds to the 2.618 Fib) "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch "The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become." "If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
Long
by jaydee_757
6
Just my view of XYOTo begin the run (white), we formed a nice symmetrical wedge to the upside, which during dropped approx. fifty-seven percent. During the second phase (red), we formed a nice descending triangle dropping approx. sixty-percent, then subsequently rising to the upside. During the third phase (orange)—I see this as more of a transitory lead up phase—and again as a descending formation, which shot us up over six-hundred percent for our highest increase yet. The decrease for the third phase was approx. fifty-five percent. I see similar formations with similar percent drops, and for our current fourth phase we have already dropped approx. fifty-two percent. I don’t see this thing going too far lower, if anything at all I see XYO dropping to approx. twenty-three to twenty-five cents. I’d like to note that the second and third phases, which are really just one phase, formed “squeezed/stretched” variations of each other, and that they both rose out of then retested their descending state before rising up. Thus, I feel that the likelihood of rising out of our current descending state is quite probable; although, anything is possible. I think the ten to twenty cent range isn’t too crazy for this thing right now, especially when I compare it along with my BTC analysis, which will be linked. The market really seems like it is about to bust in a good way right now. XYO has great fundamentals, use case and was recently listed on Coinbase… I don’t see why this won’t succeed. This whole rise we’ve experienced recently has seen us forming a massive 4 year long double bottom as well… fairly interesting.
Long
by Elijah144
Could be some good prospecting here. We’ve been seeing what appears to be a forming bullish flag/pennant since the last ATH; the yellow and green lines don’t mean too much—they’re just connective lines between cycle lows I draw for myself. Perhaps we have found/made some good resistance at the approx. four cent area, but as for the fib retracements during this cycle it’s pushed to a good median area of 3.272. As for the last three cycles we’ve had in the last few days the percent change in price has been ~60%, ~80%, and ~100% for the last. According to the fibs I’ve used the price would push approx. the ten cent area, and according to the successive price change I’ve used it would push approx. the nine cent area, so I would say we could comfortably look for an increase to around nine cents for the next run or we could blow right through that or we could tumble down… who knows, anything is possible. This is a crypto my grandad has been raving and talking about for years due to the vital utilization it has as a geo-spatial proof of location, and I believe it’ll be quite bullish in the time coming as well, but we shall see.
Long
by Elijah144
XYO - To the Stars and BeyondXYO - To the Stars and Beyond We had a nice run, but the rocket needs to cool off before the next take-off. We need to fall in order to grow. I think we are slowly forming a cup and handle pattern. XYO is an ambitious project with a lot of great partnerships. But we should be careful because their vision is still just a concept, an ambitious one but still a concept. Hopefully one day it will be more than that. I wish you all good luck with trading and mining.
Long
by hsahan
1
XYO - Is this the long-awaited redemption?What do you think caused XYO to surge over +1000% this year? (XYO/USD) Was this spike just a fluke or...do you think something big is forming behind the curtains? Hopefully, we will soon get some news about the matter. They were very silent for quite a while and I do not know what to think about it. From a technical standpoint, we went somewhat parabolic, we will see if it holds. Weekly volume is higher than it has ever been (if we do not consider the very beginning.) XYO is an ambitious project with a lot of great partnerships. But we should be careful because their vision is still just a concept, an ambitious one but still a concept. Hopefully one day it will be more than that. I wish you all good luck with trading and mining.
Long
by hsahan
2
(XYO/BTC) Set your GPS on PROFIT!!!Hey Friends! Due to the growing use of location based technologies, privacy and safely of the users largely depends upon the accuracy and validity of the information related to the location. Attempts have been made in the past to eliminate the need of centralized entities that control the flow of data related to location. However, all these attempts relied on the integrity of the devices collecting this data. XY Oracle Network or XYO Network offers a trustless and cryptographic location network that makes use of a novel formulation which is based on a chain of zero-knowledge proofs. This allows for a high degree of certainty about the information related to the location. XYO facilitates layered, location verification across multiple protocols and device classes. At its core sits a set of novel mechanism of cryptography, known as Proof of Origin & Bound Witness. It combines the power of blockchain technology and real world data collection into a system for direct applications. Historical Background: The concept of provable location has been around for long that can be traced to ground-based radio navigation systems like LORAN. These days, we have location services that stack multiple mediums of verification on top of one another. This is done to have a Proof of Location using GPS and triangularization services. However, these approaches can’t detect fraudulent signals and also disincentivize the spoofing of location data. In such a scenario, the crypto location platform that focuses on proving the origin of physical location system is going to be the most significant one. Shortcomings of Proof of Location: The Proof of Location leverages the powerful properties of blockchain, such as time stamping and decentralization. It combines these powerful properties with off-chain, location aware devices that are expected to be resistant to spoofing. Weakness of the smart contracts is that they center around the oracle using single source of truth, and the same problem is faced by crypto-location systems. The vulnerability of the crypto-location technologies is dependent on the off-chain devices that report back the position of an object. Off-chain data source is an Oracle in a smart contract. How XYO Network is Unique: The case with XYO Network is quite different. In this ecosystem, the off-chain data source moves around in the real world as a specialized type of Oracle , which they call as Sentinel. The core innovation of the network centers around an anonymous, location-based proof to create a protocol that is based on crypto-location and is trustless too. XYO Network aims to create a decentralized and trustless system of location oracles which is not only resistant to attacks but also provides highest possible certainty when queried for the available data. The platform developers achieved this by implementing a set of abstractions that greatly reduce the risk of location spoofing. For this, they make use of zero-knowledge proofs along the components of the system. The system makes use of a protocol of connected devices to provide high certainty on the location data. The users can issue transactions or “queries” to get the location data on a blockchain compatible platform. XYO Network Brief Analysis: With the wider adoption of smart contracts that are trustless and based on blockchain (similar to other ICO tokens such as ORIGAMI NETWORK, Lympo, Current , Cryptomon Token, Onyx, JOYSO), the significance of Oracle services has increased a lot as they arbitrate the outcome of a contract. Most of the currently used implementations of smart contracts depend on a set of authoritative oracles for the settlement of the outcome of the contract. This is sufficient in the cases when both the stake holders agree on the incorruptibility and authority of the particular oracle . However, there are numerous cases when the appropriate oracle simply does not exist or is not regarded as authoritative as there is always the possibility of it getting corrupted or encountering an error. Location oracles are very much the part of this category. Problems Faced in Location Accuracy and Data Integrity: The divination of the location of a physical world item depends on multiple factors, like relay, reporting, storage and processing components of an oracle . All these components are not free of error and can be corrupted. There are additional risks of data pollution, manipulation, collusion and data loss. This causes the problem of accuracy and certainty of location which are adversely affected due to the lack of a decentralized and trustless oracle . Platforms like Ethereum and EOS have extensively been used as they allow for secure online interactions. The primary use cases of these platforms include fundraising escrows in the form of Initial Coin Offering. The problem with these platforms is that they give focus to the online world, not on the physical one. The reason for this is that the current information channels of the physical world involve the use of data whose integrity is corruptible. Solutions Offered by XYO: XYO Network is working to allow the developers, like those writing smart contracts for blockchain platforms, to interact with the physical world like the way it were an API . It is the first of its kind protocol in the world that allows two entities to transact in the real world without the involvement of a centralized third party entity. The abstractions of the platform make the verification of location trustless. This has allowed for novel use cases with the protocol, which was not possible earlier. The network will be built over 1,000,000 devices circulating in the world. Bluetooth and GPS devices of the company allow the people to place physical tracking beacons on the things they want to keep track of. These things could include luggage, expensive items, automobiles and even pets! They can always locate these objects on their smart phone application. Currently, XYO boasts of the largest consumer Bluetooth and GPS network in the world. XYO Token Economy: XYO tokens are used to incentivize the desired behavior by providing accurate and reliable location heuristics. The tokens can be thought of as “gas” needed for interfacing with the real world to verify the XY-coordinate of a specified object. One can set a desired confidence level and XYO gas price during the creation of query. The cost of query, which is to be charged in XYO tokens depends upon the market dynamics as well as the amount of data required to provide an answer. More the data needed, the more expensive the query will be and higher will be the XYO gas price. In case the data provided by a Sentinel device such as Bluetooth Beacon is used to answer a query, then all the four components viz. the Diviner who searched for the answer, the Achiever who stored the data, the Bridge who was responsible for transmitting the data and Sentinel who recorded the location of the data, receive a portion of the XYO gas paid by the token holder. The distribution of the gas between the three components is always in the same proportion, with the exception of the fourth component Diviners whose involvement in providing the answer is more extensive. However, gas is evenly distributed within each component. Innovations in Incentivizing the Use of Tokens: A system in which the use of tokens is not incentivized creates problems for the underlying economy in the long term. Such an ecosystem triggers a natural impulse to find the reasons for not using the token, and the utility and liquidity of the token is not boosted. The problem faced by most of the crypto economic incentives is that they keep too strong focus on the token miners, with no focus on the users of tokens. XYO token takes account of the both – token miners and token users. It incentivizes the miner to not only provide accurate data, but also to know to not provide the data at all. On the other hand, the end-user is incentivized to transact more when network liquidity is low, not when it is high. This way, XYO ecosystem remains well-balanced, robust and fluid. Team: Arie Trouw – Founder and Architect He is an accomplished serial entrepreneur with a rich history of technological breakthroughs and business successes Scott Schepher – Co-founder and Head of Marketing He has worked on many exciting ventures with talented group of people. Markus Levin – Co-founder and Head of Operations He has 15 years of experience in managing and growing some companies around the world. William Long – Head of Hardware He has over 25 years of experience in engineering management and the development of electrical engineering. Christine Sako – Head of Analytics She has an extensive background in mathematics and has worked in upper management for five years. Roadmap: xyo.network XYO Network has four primary components. I. Sentinels or the data gatherers II. Bridges or the data relayers III . Archivists or the data stores, and IV. Diviners or the answer aggregators. Sentinels gather information about the location through multiple means like sensors and radios. Bridges collect this data from Sentinels and provide it to the Archivists who store the data for analysis by the Diviners. The Diviners analyze the location heuristics to generate answers to queries and relay the answer back into a smart contract. The accuracy score or the Origin Chain Score is determined through Proofs of Origin Chain, which are essentially a set of zero knowledge proofs. The chain guarantees multiple pieces of data which is originated from the same source, all the while not revealing any underlying information. Each component of the query generates its own Proof of Origin which is chained to each component it relays data to. The Proof of Origin is a novel formulation in the sense that it builds a chain of cryptographic guarantees along a path of relays in the network. This is done to achieve high confidence of real world data. The Proof of Origin Chain encapsulates the confidence a user can have about the location data. This can be tracked to the very first device that gathered the data. In order to establish a decentralized consensus mechanism among the Diviners, the network relies on an immutable blockchain, known as XYOMainChain. This public blockchain stores query transactions and also the data gathered from the Diviners. XYO Network: Taking the Blockchain to the Real World XYO Network solves the problem of storing and verifying locations, making a physical-world usage for the blockchain. XYO Network aims to bring the blockchain to the physical universe, tying it to the problem of location data. In one of the first attempts to tokenize location, XYO Network will launch a decentralized location-verification oracle network, or a system to provide relevant data to smart contracts. Oracles are key in the blockchain ecosystem, providing data so that smart contracts function correctly. The XYO Network would allow for transactions that depend on time or location of delivery, thus making a clear-cut use case for all forms of deliveries. The project's team stresses that at the moment, most blockchain systems only rely on information from the virtual world, and there are almost no attempts to build a system of oracles for the physical world. Location data is readily available to build such a system. "To achieve this goal, XYO has created a successful location-based consumer product business with the purpose of getting Bluetooth and GPS tracking beacons out into the world. In doing so XYO has cultivated significant research surrounding location-focused blockchain technology, allowing it to expand to the offline world," explained the project team. After the physical network of beacons is deployed, the potential for the product is to expand to multiple industries. Those may include e-commerce, medical care and hospitals, rental car agencies, commercial airline luggage logistics, insurance agencies, national security agencies, drone and package delivery systems. "The XYO Network’s ability to combine its location innovations with blockchain developments has led to one of the most exciting ideas in blockchain today," says XYO Network Founder Arie Trouw. The XYO Network project has been in development since 2012, providing workable solutions for geo-location. The upcoming ICO will further expand the potential of those technologies by tying up payments and physical locations. The network will also store and analyze location data for increased security and usability. For the purpose of powering the network, the XYO Token would be used to pay when communicating with the physically deployed electronics in the geo-location ecosystem. CALL TO ACTION: XYO was on the start of a nice run before the market pullback took over this week. This is a nice entry point for us, but beware, prices may keep dropping. Best to scale in to any positions. Stay ahead of the masses, Seth Maniscalco
Long
by smaniscalco
1