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XYOXYOXYO
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XYO

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XYOUSD trade ideas

I Went Long XYOLooking at this daily chart it seems that XYO has completed a bullish Bat harmonic. My whiskers are telling me that this could be a good place for a reversal, so I took a small long position. Let's see if it plays out to the upside or if it rolls over and I get stopped out. I'll be hiding in the bushes and watching Bitcoin and the overall crypto markets closely, as I think that if we see more downside generally then it will pull alts like XYO down regardless of the TA. But a werewolf has got to try. What do you think will happen? Owhooooo!
COINBASE:XYOUSDLong
by Akamer-the-Werewolf
2
XYO Bullish Bat XYO has had me howling for the moon! I've sold my bag and am looking for reentry. For now, I'll be waiting in the bushes and watching XYO to see if this bullish bat harmonic completes. For me the PRZ is pretty narrowly defined by three numbers....the 1.618 of the alternate AB=CD, the .886 retracement of the XA leg and the 1.618 AB leg projection. I also see a break down out of a symmetrical triangle. The measured move of this break out compliments the PRZ as well. I do see some potential short term hidden bullish divergence. My whiskers are telling me that this will push the price up in the short term to test the local resistance before we continue downwards. For these reasons I will be looking to get long if the pattern completes and I also see a sharp reversal in the PRZ. I will be looking to see if all the numbers are tested as this pattern plays out. What do you think about XYO? Owhooooo!
COINBASE:XYOUSD
by Akamer-the-Werewolf
3
XYO Has A Long Way To GoFirst of all, here is an interesting article about XYO, which also provides excellent info on it's great potential for utility: www.nasdaq.com There is also another article written claiming the opposite where the writer references the former article; it essentially claims that is XYO being the next Doge or Shib actually positive, and he "knocks" the utilization case for XYO while somewhat vouching for it, but I don't think there is much there other than a grain of salt. XYO has a bright future because of it's functions and where blockchain/crypto are heading. I first want to speak on the XYO/BTC chart below: we are right at the 1.618 on the second fib arc, and if we assume a similar rise as previously, as they look strikingly familiar, then that would land us right at ~$0.40, which aligns with the 2.618 on the XYO/USD pair. Also, the two red circled portions on the BTC pair are pointing out how the first top of the pattern landed on the 0.618 of the fib retracement and the 1.618 of the first fib arc, whereas the second is a higher up repeated confluence of the 1.618 retracement and 2.618 arc. I just think that's a very interesting observation, and am throwing it out there. That price target would be ~$8--assuming a $60k Bitcoin--and while I do think XYO can reach that... not sure when, but it could happen whenever; anything is possible. This further elaborates on the related idea, so take a look if you haven't. XYO/BTC:
COINBASE:XYOUSDLong
by Elijah144
Next stop ~$0.14...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 would land us right around $0.14, and also right back at the launch price. The price of ~$0.14 seems to be a valid price within both pairs. Could likely go quite higher, but at least ~$0.14. BTC Pair:
COINBASE:XYOUSD
by Elijah144
9