YFIBTC is looking good now on the 4H timeframe... Here we have the classic "W Pattern", which is a bullish formation.
For the YFIBTC altcoin trading pair we have:
Prices moving above EMA10 and EMA21.
Increasing trading volume.
Strong RSI.
MACD bullish crossover while trending higher (still below zero).
The other altcoins are also starting to move.
Remember that you need to use a stop-loss and have a plan if you decide to trade.
There are many new opportunities developing now... Avoid FOMO, wait patiently, breathe deeply, and take your time before committing any money or making any decisions.
If one opportunity goes another one will come up.
We go fast hoping to be winners, get profits... So it is better to do just that by having a plan rather than letting our emotions get out of control.
When to buy (entry)
When to sell for profits (targets).
When to sell for a loss (stop-loss).
Defining these two points before getting started can really help you improve your game and also increase your number of trades won.