YFI 12/17/2020: The BTC's competitor in price and in gains only.
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Since, Bitcoin is aiming higher. Well, this coin will follow too.
Previous TA is in the related ideas below.
Check it.
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Technical Analysis
1D
In order to confirmed it a larger Wave 3. YFI must break the 0.618 - 0.650 Fibonacci & $ 32,856.40. But Right now, it has indications of realizing this larger wave 3. As you see on RSI, Stoch RSI and MACD, it favors the bulls due bullish divergence.
4HR
The same as 1D
1HR
Bearish Convergence. Just a pullback to support.
Others
There is a higher probability that the price has bottomed as it bounced to 0.382 Fibonacci Level but it needs to break the 0.618 - 0.65 Fibonacci & $ $ 32,856.40. So, a price range of $ 30,000.00 to $ 33,000.00 need to be broken.
_____
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
Since, Bitcoin is aiming higher. Well, this coin will follow too.
Previous TA is in the related ideas below.
Check it.
_____
Technical Analysis
1D
In order to confirmed it a larger Wave 3. YFI must break the 0.618 - 0.650 Fibonacci & $ 32,856.40. But Right now, it has indications of realizing this larger wave 3. As you see on RSI, Stoch RSI and MACD, it favors the bulls due bullish divergence.
4HR
The same as 1D
1HR
Bearish Convergence. Just a pullback to support.
Others
There is a higher probability that the price has bottomed as it bounced to 0.382 Fibonacci Level but it needs to break the 0.618 - 0.65 Fibonacci & $ $ 32,856.40. So, a price range of $ 30,000.00 to $ 33,000.00 need to be broken.
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
Comment:
BTCUSD
