ssari

YFI.USDT (Y21.P6.E2).Looking for an entry.Stalking

Long
ssari Updated   
BINANCE:YFIUSDT   YFI / TetherUS
Hi All
(ref.W.chart)

YFI is coming along nice. In my previous post, I caught the breakout and cashed in the profits.
Now revisiting the chart, I see it coming along nicely and if it plays out the higher high, meaning continues a macro trend, then I will be very interested once it breaks resistance and does the retest for the former resistance.

Such charts or price action give lots of % on the support area as I stated.
Look a my PARSIQ chart or the 1INCH chart, you will see the move there.

Lets hope it comes along and more importantly we don't miss it.


All the best,

S.SAri.

NOTE: The entry at the lower time frames requires its own strategy. This cannot be covered here as we don't know how it would look like at the time if or when it comes.

PREVIOUS POST to this topic
Comment:
chart update. Not the most moving chart of late. We see an 8 hlry candle, bullish however hitting resistance level.
Comment:
As expected, some rejection at the resistance level.
Comment:
I still haven't taken this trade as I stated, I want to see it break that level first. Why put your funds onto something that hasn't confirmed bullishness and that there are so many others that are performing, Having said that, everything has a time and place, YFI isn't the time.

PS. Don't ever go with previous performances as a guide to future prospects... I have done that and got so confused and disappointed as to why it did not perform again. Look at KAVA, look at ADA in the past, they always have a particular time, a level that needs breaking before it goes. Find that level, then wait..

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