alanmasters

YFI Faces Resistance, Will It Grow More?

Long
BINANCE:YFIBTC   YFI / Bitcoin
Just as prices can go almost straight down as we saw from Sept. till' Nov., they can also do straight up, as it is happening now.

YFI Has More To Offer (245%+ Mapped)

YFIBTC is now facing resistance at 1.255 or EMA50.
This is an important level.

Looking at the bearish wave and how quickly prices fell, the possibility exists for the up wave to do the same.

If EMA50 can be cleared, we can expect another jump of 170%.

On an EMA50 rejection, we would have a retrace before the next move can develop.

The chart is full bullish here.

Additional information can be seen on the chart.

Namaste.
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Comments

PLease in green again, nice chart
+2 Reply
pabloescutia DInoaososo
Reply
nice 👍
+1 Reply
Will it try to pass 1.25 again?
Reply
Looks like there was a EMA50 rejection, Where should we re-enter long, many thanks!!
Reply
alanmasters pabloescutia
@pabloescutia, That's a great question, it needs time.

Also, if you are talking about re-entering means you already exit?
Reply
nice setup my friend! 🦐👌🏻
Reply
STOP POSTING SHITCOINS!!
Reply
pabloescutia nevada999
@nevada999, If you know how to trade, there are no shitcoins mate!
+4 Reply
alanmasters pabloescutia
@pabloescutia, Well said!
Reply
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