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DoYouMine
Oct 3, 2020 7:31 PM

Opening A YFI Short Position Short

YFI / TetherUSBinance

Description

Well it doesn't look too good for YFI currently.

The head and shoulder pattern has completed and it looks like it will take the price down for the next couple of weeks.

$16,600 is the first support I'm looking at. That head and shoulders is a nasty one and I would not be surprised if the YFI price dropped all the way down to $4,000. I have my marks on the chart.

Be careful with your holdings and as always, Have fun trading!


This is not financial advice.
Comments
PolarHusk
good analysis. keep up the excellent work
ekquilibrium
good potential
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