YOYO ready for fifth wave?

Elliott waves dictate a fifth wave, I'd say to at least 1500. And soon. I'd say 1 day.

Local inverse Head and Shoulders pattern may have formed

Recent reversal fractal.

It is also possible for the 4th wave to continue for some time. But I see a bright future for YOYO, at least for the short to mid term

Gotta run
Happy trading! :)

Yorum:

I have updated this chart with a new one. Price still consolidating, so we must continue waiting for YOYO to make a decision

Yorum:

Very nice, price just about hit our 1600 sats target for wave 5. A number of scenarios could play out from here, but best to take partial profits. Look up a "bullish bat" pattern. That's why I see forming here, but it will take some time and consolidation to play out.

Yorum:

I would enter in the 1300s area, should it retrace that far.

I predict that it will...