Looking at the 12-hour of YFI, its at a crucial decision point on the verge of a breakout. If this breaks out of this downtrend to the upside, YFI is going to hit $30,000 and beyond to the moon 🌙
The downtrend is formed from the ATH at $43,562 down to the most recent swing high at $30,000. YFI has been creating higher highs and higher lows, both common signs of bullish momentum. There is a very good chance with the recent price of Bitcoin that YFI will follow suit and break out of this downtrend. Here are my TP levels going up:
TP1 🎯 $30000
TP2 🎯 $32299
TP3 🎯 $34835
Eventually after YFI finds support at $34825, its going to come up and retest its previous-ATH at $43,562.
Cheers traders let me know your thoughts
The downtrend is formed from the ATH at $43,562 down to the most recent swing high at $30,000. YFI has been creating higher highs and higher lows, both common signs of bullish momentum. There is a very good chance with the recent price of Bitcoin that YFI will follow suit and break out of this downtrend. Here are my TP levels going up:
TP1 🎯 $30000
TP2 🎯 $32299
TP3 🎯 $34835
Eventually after YFI finds support at $34825, its going to come up and retest its previous-ATH at $43,562.
Cheers traders let me know your thoughts
