YFI - Continue Swinging the Slopes Downhill

COINBASE:YFIUSD   yearn.finance
Buy Zone: $18,224.66 - $18,500
Sell Zone: $19,200+
Stop Loss: $18,000

YFI continues to trend downhill overall in bearish momentum. Zoom out on the charts and take a look at YFI's more stable up and down wave patterns- this is what we hope to take advantage of.

As of 11 April, we have been trending upwards in the short-term, however, that can change quickly, and if we fall below that $18,000 mark, we will likely fall to a new lower level (somewhere between $15,500 and $18,000 in my opinion). A break in BTC from the $39k BTC range will likely trigger that price change.

Utilize your stop losses and good luck.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.