YFI 12/17/2020: The BTC's competitor in price and in gains only.

Diupdate
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Since, Bitcoin is aiming higher. Well, this coin will follow too.

Previous TA is in the related ideas below.

Check it.
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Technical Analysis

1D
In order to confirmed it a larger Wave 3. YFI must break the 0.618 - 0.650 Fibonacci & $ 32,856.40. But Right now, it has indications of realizing this larger wave 3. As you see on RSI, Stoch RSI and MACD, it favors the bulls due bullish divergence.
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4HR
The same as 1D
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1HR
Bearish Convergence. Just a pullback to support.
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Others
There is a higher probability that the price has bottomed as it bounced to 0.382 Fibonacci Level but it needs to break the 0.618 - 0.65 Fibonacci & $ $ 32,856.40. So, a price range of $ 30,000.00 to $ 33,000.00 need to be broken.
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
Catatan
BTCUSD
BTCUSD 12/17/2020
Technical IndicatorsTrend AnalysisWave Analysis

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