TradingView
CrptTeddyBear
Mar 5, 2021 12:01 PM

Yfi seems in for more of a bounce 👀 Long

YFI / TetherUSBinance

Description

â‹…
Price action looks like an impulse wave down from the top after completing a leading diagonal in higher timeframe.
The bounce we had after this impulse to the downside seems too short in both price and time.
I expect more of a bounce before more downside.
The green area is confluence of 1/1 wave A/C + 0.5 / 0.618 retracement form the top + resistance level from end of wave 1 to the downside.

More