YOYOW USD - my idea of risingHello,
I have invested much money in yoyow in December 2017, it means I have lost more than 96 % of the investments. It cannot go deeper, I don't believe in that. I think we now stuck around 0.02 and in two months it could go higher. I think YOYOW is undervalued so why not to buy some shits.
You have to watch ETH price, OMG price, these coins have lost much too. When yoyow starts rising it will be like a rocket, you will see. You don't have to wait for any news, They had many and many news whole the year and the price still went down, so the price is not influenced by any news. Rather watch volume and when you see it suspicious, stay tuned on yoyow, it may meens start of the rocket.
YYWETH
YYW may be poised to enter a markup phaseYoyow is showing some interesting signs of life. After being added to Bitfinex, YYWBTC rallied nearly 1000% before taking some time to cool off. This period of consolidation is looking very much like a reaccumulation phase reaching peak maturity.
YYWUSD appears to have jumped a creek and is currently retesting resistance created by prior all-time highs. After we see a substantial close above 0.50 USD, first targets are
resistance created by the all-time high wick at 0.85 USD, and
the volatility-funnel target, sitting just above the 2.618 fibonacci extension at 0.96 USD
Overperformance on this rally may lead to prices over a dollar, don't get greedy and start scaling out where appropriate. I'll be looking to reclaim liquidated shares on the retrace, which will likely resemble a test of resistance-turned-support, either at the breakout levels of 0.50 USD or current all-time highs at 0.85 USD.
YYWBTC is breaking out of a volatility funnel as well, showing increasing volume and spread on rallies and solid support with higher lows each time. A conservative target is pointing to a ~85% increase from current levels.
YYWETH is interesting on account of that massive volume spike. Ethereum has enjoyed a great rally lately, so it is significant that there is so much volume from a highly-trending and valuable asset into YYWETH . No price targets generated from this graph, only an additional sign that we may be exiting a reaccumulation phase and beginning proper markup.
Remember that markup phases can produce extreme rallies, so don't bail out completely until there is evidence of a strengthening counter-trend. Trust in a good entry and ride the trend.
