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TiborVrbovsky
Oct 23, 2020 2:16 PM

YFI in a Daily Falling wedge . Long

YFI / TetherUSBinance

Description

YFI is in a daily falling wedge that has a bias to break to the upside and can often change trend, which is currently downtrend.

First target is $21,100 (43%)

RSI has bottomed and is giving slight bullish divergence, MACD has given second buy tick today, confirming a buying a wave. As long as Bitcoin doesn't drop below 12K this setup should go well.

Good luck!
Tibor

Comments
PolarHusk
Reversal pattern, let us wait for the breakout direction. 🐻‍❄️🙏😊😃
CryptoWolfLenin
Thank you mate... Hodling it for 21k.
Christuanjonkar
Technical set up. Thanks for sharing such kind of brilliant idea.
De-cook
Good work
Fisher_Fx
thanks for sharing
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