Just my view of XYO

28 set 2021

To begin the run (white), we formed a nice symmetrical wedge to the upside, which during dropped approx. fifty-seven percent. During the second phase (red), we formed a nice descending triangle dropping approx. sixty-percent, then subsequently rising to the upside. During the third phase (orange)—I see this as more of a transitory lead up phase—and again as a descending formation, which shot us up over six-hundred percent for our highest increase yet. The decrease for the third phase was approx. fifty-five percent. I see similar formations with similar percent drops, and for our current fourth phase we have already dropped approx. fifty-two percent. I don’t see this thing going too far lower, if anything at all I see XYO dropping to approx. twenty-three to twenty-five cents. I’d like to note that the second and third phases, which are really just one phase, formed “squeezed/stretched” variations of each other, and that they both rose out of then retested their descending state before rising up. Thus, I feel that the likelihood of rising out of our current descending state is quite probable; although, anything is possible. I think the ten to twenty cent range isn’t too crazy for this thing right now, especially when I compare it along with my BTC analysis, which will be linked. The market really seems like it is about to bust in a good way right now. XYO has great fundamentals, use case and was recently listed on Coinbase… I don’t see why this won’t succeed. This whole rise we’ve experienced recently has seen us forming a massive 4 year long double bottom as well… fairly interesting.

28 set 2021

Nota

Just to note, the second or red phase is most similar to our current one, which was the sixty percent drop, but let’s hope we don’t go too lower.