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CRYPTO_PAYA
Oct 30, 2020 6:08 PM

YFI USDT 4H 

YFI / TetherUSBinance

Description

Hello friends
Today we are at your service by examining the yfi currency trend.
After increasing the price to 43,966, we have seen a downward trend. Who could not get out of it many times and hit the line There has been a decrease in prices.
{We are currently witnessing the failure of the trend in RSI and the price has returned from our first target. My expectation is that the Fibonacci zone (12340) will grow where our trend line is.}
, but due to the downtrend of the market trend, we expect a downturn to the specified targets.
11113
8693
6750
But if the current support from this region returns to the upward trend, we will see an increase to the targets
15481
17700
20500
The crypto market is full of risk and opportunity.
This analysis is only my personal opinion. Trade with your experience and knowledge.
Thanks for sharing your opinion with me.
Comments
rtheuma
Is bearish pattern still valid? Should we expect to fall back to 8693 after retesting 11,113 or are we looking at a bullish pattern up to 15,481?
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