XYO (Coinbase: XYOUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, XYO began a red wave one advance on May 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 13 and the red wave two (blue sub-waves a-b-c) correction ended on May 19. If this wave count is correct, XYO should be heading next towards the May 13 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
XYO is a decentralized network of devices that anonymously collects and validates geospatial data, or data with a geographic component. The Finance Chick reviewed the project four weeks ago.
(Sources: https://xyo.network/)
How Will XYO Trade?
XYO (Coinbase: XYOUSD) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
XYO will takeout the May 13 peak
XYO will drop below the May 12 low
XYO will stay in a trading range between the May 12 low and the May 13 peak until July 2
XYO will drop below the May 12 low
Correct.
XYO will drop below the May 12 low.
Correct. Upvoted your post:
https://blurt.blog/riddleschallenge/@nazirhussain/weekly-riddles-challenge-13
XYO will stay in a trading range between the May 12 low and the May 13 peak until July 2
XYO will stay in a trading range between the May 12 low and the May 13 peak until July 2
XYO will stay in a trading range between the May 12 low and the May 13 peak until July 2
XYO will drop below the May 12 low
Correct. Upvoted your post:
https://blurt.blog/calendar/@sadique1/6v7r4d-calendar-today
XYO will takeout the May 13 peak
XYO will takeout the May 13 peak
XYO will stay in a trading range between the May 12 low and the May 13 peak until July 2.