Long

XYO testing the trendline and is almost ready to take off

By sean.cappone
Updated
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
Trade active
All exactly as planned, here is the only small huge difference, the input volume.

Basically I was looking on EURXYO (similarly USDXYO) for 60M input on day one of the new leg, we are up to 190M and we are half way into the session! This is huge! Now we will have to keep a close eye on the coming week. I do not want to exagerate, but at this point, if it makes over 0.06 with consistent volumes we can see 0.12 low hands by the end of the year.
Trend Analysis

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