reggiogeorge

YFI - 4H - Potential Swing Trade Opportunity! 20%+

Long
BINANCE:YFIUSDT   YFI / TetherUS
YFI is throwing up an aggressive upward wedge with prices consolidating after bouncing off EMA 50 and resting now at EMA 21. Very Healthy signs for any chart.

Should be a pretty simple bounce/ breakout play here. Opportunity for a 20% range trade potentially within the wedge .

Indicators on this chart are all looking nice for further growth.

Volume has dropped, good potential for a breakout from the wedge when we see a volume spike.

Next targets are mapped. SL below the teal uptrend line if you're getting in on the bounce.

Thanks for reading and have a great weekend. This isn't financial advice.
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