YOYOW (YOYOETH) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, YOYOW began a wave one advance on August 14. The red wave one finished on August 22, and the red wave two correction ended on August 30. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on November 2, and the red wave four (blue sub-waves a-b-c) correction ended on November 6. If this wave count is correct, YOYOW should be heading next towards the November 2 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
YOYOW is a blockchain-based social media platform. Crypto Coins published a project overview in December 2017.
(Sources: https://yoyow.org/en.html and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "YOYOW will takeout the November 2 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "YOYOW will drop below the August 30 low".
If you think YOYOW is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "YOYOW will stay in a trading range between the August 30 low and the November 2 peak until December 15".
(Chart courtesy of Tradingview.com (log scale))
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