The second of the 3 VP accumulation didn't hold, bringing us back on the YY POC (third and last pink box). It coincide with a trendline. From here I do expect a sideways week and after an impulse of at least 60M per day to bring the price above 0.10.
On the top of that BTC is also testing a trendline.
I expect a huge pump on both assets
XYO finally ready for the next leg up. I have been waiting for weeks as a sniper for my pray at 0.0398, finally we are there. Same setup as the last time, on the top of that we have 3 relevant areas to observe, the 2 above (check the VP) and 1 below (0.026-0.025, former POC h4)
Read the chart, I have 2 supports marked on the VP which in my opinion will be bought. The question is, will there be enough volumes to make a new ATH?
OK, here is my monday trade, I will try to get the best entry possible in premarket or during the first hour.
SL @ 41.60
Ideal entry: 41.90-41.75
Trade developement
TP1 (50%) @50
Move STP @ 42.5
TP2 (25%) @ 60
Move STP @ 43.65
The remaining 25% sticks to the portfolio for a long while.
PE areas, we could have seen the first test today (16.12.2020). The EMA50 is also calling for a long trade... I will figure out something tomorrow premarket
