CryptoStation

🆓DFI.Money/USDT Analysis (2/2) #YFII $YFII

BINANCE:YFIIUSDT   YFII / TetherUS
YFII is moving in a Symmetrical Triangle since October 2020 and what we need to do is wait and see from which side YFII will break out of the pattern.
If YFII conquers $2200 zone, it will breakout from the downtrend and strong buying power will help YFII increase strongly to $3000 and $4000 in this February.
But if YFII falls out of $1500 zone, it will fall very hard to $800 or deeper

📈BUY
-Buy: 2100-2200$ if A. SL if B

📉SELL
-Sell: 2850-3000$. SL if A
-Sell: 3800-4000$.SL if A

♻️BACK-UP
-Sell: 1500-1600$ if B.SL if A
-Buy: 800-900$.SL if B

❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
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Comments

give or take when will it reach the triangle?
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@WitWolfy, today or later if any 4h closes above 2000
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Kaizen_Razor Kaizen_Razor
I meant it will if 4h closes above that but doesn't necessarily mean today or next day. Also that 4h close is also the daily close.
Reply