Panjang

YOYOW/BTC - Bottom out completely and waiting for another round?

557
YOYOW saw a nice breakout a very short time ago, followed by an absolute smack back down.

In a non shitcoin market, we'd be looking at this as a potential retrace, and with all this money seemingly flowing out of BTC.D, I'm gonna call it the same here.

RSI is overbought as can be and MACD is fighting between bear and bull. Good volume on previous breakout (though the sell volume made it look silly)

Targets are mapped for long term. Potentially higher highs than this over time.

Penafian

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