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cryptosince1963
22 Nov 2020 pukul 04.56

YFI - Testing A Key Support, Will History Repeat itself? 

YFI / TetherUSBinance

Deskripsi

YFI, everyone's favorite anomaly, is testing it's newly formed upward channel and the high liquidity area that has lead to multiple bounces in the past uptrend.

MACD is still bullish, though weakening ever so slightly. priority is still up.
RSI just left overbought, position is strong.

This could potentially be a good opportunity to get in on the next leg up, lets see how it resolves this corner of the ascending channel.

If we break the channel and support we're going back down to .236 fib area. If we can hold the channel it's an easy ride up.
Komentar
Saeed966
Nice analysis
cryptosince1963
@Saeed966, Thank you!
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