Bull Flag Pattern**XYO Bullish Flag Pattern on 1HR Chart**
**Chart Setup**: XYO/USD on the 1-hour timeframe is carving out a bullish flag pattern, a classic continuation signal for upward momentum. Following a sharp rally (flagpole), price has entered a tight, downward-sloping consolidation channel with lower highs and lower lows. Volume is contracting during this phase, a hallmark of a flag pattern, indicating a potential explosive breakout. Resistance is at $0.0112; a decisive break above with robust volume could propel XYO above $0.015 Support holds at $0.0078, aligning with the channel’s lower trendline. RSI sits at 56, neutral and showing no overbought signals, suggesting room for upside.
**Why XYO is Bullish**: Beyond the technical setup, XYO’s outlook is promising. Its geospatial blockchain, rewarding users for sharing verified location data, taps into growing demand for decentralized IoT solutions. Use cases like supply chain tracking and smart cities align with emerging tech trends. Recent network upgrades have improved scalability, boosting confidence in its infrastructure. Community engagement is strong, with active development and growing dApp integrations. Sentiment on platforms like X shows optimism about XYO’s niche in Web3, and low token price makes it accessible for retail accumulation. If crypto market momentum continues, XYO’s unique value proposition could drive sustained interest.
XYO is also a USA based crypto. With Donald Trump building a new tax plan and possibly eliminating crypto tax on US based coins. XYO could fly high with the hype.
**Disclaimer** This is not financial advice. Crypto carries high risk. Always DYOR before investing
XYOUSD trade ideas
xyo (XYO) Looks like XYO is falling underneath this line I drew to represent the first big candle at the end of the year. The lack of sustaining value from XYO holders is more than disappointing. It is like these people have not seen all these other cryptocurrency make money so long as the people don't panic sell from the first big candle.
$XYO Update - New Target of $0.02969 by 1/11Broke out the support zone (green box) and then failed the retest back to $0.032, got close with a bullish spike to $0.02950 then retraced back towards 23.60% Fib level.
We now see an Ascending Curve on the price with a convergence of new retest Take Profit Goal of $0.02969 before Saturday January 11th.
My Analysis and Plan for XYO/USD
Alright, let's dive into what I’m seeing on this XYO/USD daily chart. I've had a look, and here’s my perspective on this coin.
Technical Analysis:
Significant Pump and Dump: The most obvious thing on the chart is the large pump and dump that happened in November and early December. I am seeing that the price went up very quickly, and then went down very quickly too. This leaves a lot of traders unsure about what to do.
Recent Rejection: Since the big dump, the price has consistently been rejected from the $0.023 area. Every time the price tries to move up, it can't seem to break through that level, which indicates there is a lot of selling pressure at that price level.
Support Zone at $0.018: The price is showing a potential support level in the area of $0.018, which gives me a potential for a lower risk entry point if that support continues to hold.
RSI Near Neutral: I'm seeing the RSI is near 50, which shows no real bullish or bearish momentum. This means a move can happen either way.
My Action Plan:
Based on what I’m seeing on the chart, here's my plan:
Entry:
Primary Buy Zone: I am going to be watching the $0.018 area closely for a potential entry. If the price bounces from this area, and I see strong bullish candles, I will likely place my entry order around $0.018
Alternative Zone: I will also be watching for a strong move through the $0.023 area. I will consider placing a trade after a successful move through this level.
Stop-Loss:
Tight Stop: My stop-loss will be placed below $0.017. I don’t want to risk a larger loss if the price fails to find support at the $0.018 zone.
Take-Profit Targets:
Short-Term Target: My initial profit target is around the $0.023 level. I will evaluate the price action to see if it will move higher.
Mid-Term Target: My mid term target is going to be around $0.038 - $0.04. This is a key area of resistance in the chart, so it makes sense to target that area.
My Overall Strategy:
I'm currently observing the $0.018 support level for a potential entry, I will want to see a clear bounce off this zone to confirm the trend. I will be setting a stop-loss below $0.017 for risk management. I will also look to enter a position after a move through the $0.023 resistance with clear bullish momentum. I am setting a short-term profit target at $0.023 and a mid-term target at $0.038-0.04.
That’s my plan – focusing on the key price action and being adaptable depending on what the market is doing.
XYO, possible fractal for more upward sugresThis one looks like a possible fractal appearing. The 3 lines denote very clear trend lines, which have been broken twice in previous instances. There are also two boxes that I've highlighted to show two possible fractals. Given the shape of the fractal, it could be on the cards again to play out for a third time taken into account the increased size of the fractal this time. Although, it could also be wave 3 having played out for the start of another impulse, but volume needs to pick up to confirm that. Worth keeping an eye, I wont be adding it to my portfolio. Follow for more.
XYOUSD Technical Analysis: sharp Reversal After Parabolic MoveXYOUSD has experienced a dramatic surge followed by a sharp reversal, suggesting a potential trend shift after an unsustainable parabolic move.
Bearish Technical Signals:
Parabolic Reversal: Price showing a classic parabolic move followed by a sharp reversal, typically a sign of exhaustion
RSI Conditions: RSI recently hit overbought levels above 70 and is now showing downward momentum
Bollinger Band Rejection: Price reached far above upper Bollinger Bands before sharp rejection
MACD Reversal: MACD showing bearish crossover after reaching elevated levels
Support Levels to Watch:
Immediate Support: $0.00575 (recent consolidation level)
Critical Support: $0.00525 (pre-pump level)
Major Support: $0.00475 (previous resistance turned support)
Potential Recovery Scenarios:
Best Case: Price finds support at current levels and forms a higher low
Neutral Case: Retracement to pre-pump levels around $0.00525
Bearish Case: Complete retrace of the recent move to $0.00475
Risk Management Considerations:
Stop Loss Areas: Tight stops necessary due to high volatility
Position Sizing: Reduced position sizes recommended until volatility normalizes
Entry Strategy: Wait for clear consolidation pattern before new entries
Short-term Outlook:
Market structure suggests further consolidation or downside is likely. Traders should exercise caution and wait for volatility to settle before establishing new positions.
Is XYO a Pump & Dump Run by @ScottScheper?Reflections on recent developments.
Is Scott Scheper an air-breathing human being, born of a mother’s womb? Or more likely, Scott Scheper is a haggard transgender woman waiting to dominate women’s sports? We have no confidence that Scott is not a transgender volleyball player posing as an email marketing genius.
Let’s consider for a moment the fact that Scott’s profile picture on X (Twitter) and in his email newsletter and website, is in fact, generated by ChatGPT. Using a realistic animation style, it looks like this “Scott” person is actually a real person. But like I said, since it’s not a real picture of the author in question, for all we know he’s out practicing volleyball in his private 20M mansion court, while planning his transgender takeover of women’s sports while bots run his pyramid marketing scams automatically on the side.
The hype man for the maybe real COINBASE:DOGEUSD (not COINBASE:XYOUSD ) mining Tesla Roadster which uses the underlying XYO network is potentially in the running for "Confidence Wo/Man of the Year 2024" unless the community starts seeing some real indication of project traction outside traditional scam promotion channels like X (Twitter) and direct mail marketing newsletters posing as self development trainings.
At the time of this writing, no such signal exists. Additionally, a number of other contextual details that have arisen recently point to a clearly organized and well backed Ponzi scheme managed and executed by the primary promoter and hype man, Scott Scheper.
For context, Mr. Scheper runs what would be called, in other times, a direct mail marketing scheme. He runs a paid newsletter which is supposedly sent out in the snail mail for $100 USD per month, as well as his own on-demand publishing of his “book” which he sells for $15 each. The book is not publised by any real publisher, but is self-published on-demand, indicating a lack of real market audience for this content and author.
Once you purchase one or both, the customer is immediately subjected to a constant daily stream of marketing emails wrapped in the language of self-improvement, all allegedly hand written on paper by Scott himself, before being painstakingly transfered to a digital email in a pretty typewriter font.
In 2024, email newsletters can quickly be generated in seconds, at a zero cost basis, by LLMs such as ChatGPT, Gemini, or Claude. Other available tools such as AWS Simple Email Service, Task Automation Scheduling Service, and Zapier, would allow automatic operation of the email campaign's content, as well as the scheduled sending of messages. Since the entire written newsletter process is cheaply and quickly automated, there would be absolutely no financial incentive not to fully automate this process since it presents opportunity for financial gain. This is one indication of a well organized scam operation, especially since the claimed “author” likes to brag about how he makes tons and tons of money this way. For example he previously claimed in his email that he was pulling $150k USD per month from his newsletter business (approximately $1.8M per year). In another email that followed within the next week or two, he doubled his alleged monthly income to $300k USD per month ($3.6M USD). As one reader pointed out in a previous thread, “it’s easy to double your income when its not real to begin with…”.
This poses an important question: Why would a person allegedly pulling $3.6M USD annually have any incentive to, not only be constantly writing and sending out updates, but to also run a soon to be super profitable collaboration with one of the worlds most recognizable electric vehicle brands? Oh wait, did we mention that the world’s richest man and friend of Mr. President is also on board? How convenient!
Let’s do some quick math and see how much our star player could have potentially profited off of an XYO buy in the amount of 100k, one month ago on 11/13/24. For a woman who makes 300k per month, this is small change, but we want this example to be on the conservative side.
Ok, let’s say we bought XYO at a price of USD 0.00541, one month ago on November 13th, 2024. Assuming we sold near the top during the first pump at around 0.04 USD, your profit would be in the range of positive 600%. Now, if our volleyball player in question invested a tiny 100k at 0.00541 for a total of18,484,288.3548 XYO, she would have made a mouth watering profit in excess of 600k by selling after the pump at 0.04 for a total of $739,371.53. That’s well over 700k from an initial investment of 100k. Double that initial investment to 300k and the profit becomes an estimated $1.1M USD.
If it sounds too good to be true, it probably is. What do you think?
XYO Outlook Downgraded to Short after Project Announcements on XAfter a series of X posts announcing an upcoming announcement relating to COINBASE:XYOUSD future projects in the development phase , we have finally learned some new data about the proposed Tesla collaboration project from our source and hype man @ScottScheper
TL;DR
- The Project will be independent of XY Labs
- The proposed project vehicle will mine COINBASE:DOGEUSD or COINBASE:DOGEBTC , instead of COINBASE:XYOUSD as previously hinted at
- The project’s new brand, website and marketing materials will not contain the term “XYO”
- The project will follow a business model similar to Consensys in that they will promote the use of the underlying technology (eg. XYO) rather than developing it directly
Read the full post here:
x.com
Realistic Analysis of XYO's Current Hype and Potential RisksThe recent hype surrounding XYO is largely driven by announcements from Scott P. Scheper, who has claimed a partnership with Tesla. However, XYO has not officially confirmed the existence of such a partnership. This lack of substantiation creates a fragile situation, as the current bullish sentiment is heavily reliant on speculative enthusiasm.
If no concrete developments or announcements are made in the short term, there is a high likelihood that investor sentiment will sour. Disappointed investors may feel misled, which could trigger a wave of panic selling. Such a scenario would likely drive the price of XYO down sharply, potentially below $0.006, resembling a "dead cat bounce" effect.
While there is short-term potential for volatility, the absence of solid, verifiable news could lead to severe downward pressure on XYO's price.
XYO Swing LongXYO made a big move out of the consolidation pattern on 12/9 after it broke above the key AVWAP from the initial move and the 5 Day MA. Blasted right through the AVWAP from the previous high then lost steam at .039. After it came back down and retested the AVWAP like it should it made a bullish move back up towards the 12/3 AVWAP. It now looks ready to try and work it's way back up to test the .0445 level. I like this as a swing long from here. If it moves up fast I would shave some off at the previous high.
.702 Fib RetracementXYO is gaining popularity with rumors of tesla and spaceX partnerships. Price climbed 400%+ in 3 days. I see XYO coming back to 2 cents and bouncing off the .702 fib retracement and easily shooting up to the previous all time high if not higher.
Best of luck crypto investors. 2025 has potential to be life changing.
XYO xyo "price return"The price of XYO has flipped over from a falling movement to a growing movement after being in a slump for a very long time; As some may already know from the blatantly obvious change in position for the price of XYO. The indicator proves this to be true rather than rely on the fact that the price increased through a slight spike in price last week and so on. The price reflects the death trap descend based on BTC falling in price at the same time that XYO was finally gaining in price. Typical of a scenario where a cryptocurrency does well and the BTC people have complete control over the system to collapse the price of minor tokens when they at long last increase in price thus shuttering the momentum and possibility for the smaller tokens to receive attention. Once the price suddenly collapses, as it did so when BTC fell in price, the momentum is broken and the trivial aspect of interest from outside investors reduces. Nevertheless, Solana does well, Polygon does well, Tron does well, practically every known cryptocurrency on the CoinGecko list of SEC coins/tokens does well over the long term except XYO, conspiracy,.