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SynergyTradingSetups
Dec 21, 2023 10:13 AM

YFI Massive Double Bottom Long

YFI / TetherUSBinance

Description

YFI has retraced 75% of the value it gained with the impulse up, just to come back down to a key support level and form this great double bottom.

Price falling below the stop loss would invalidate the double bottom and lose the level as support, so its very easy to strategise.

Comment

Price held the level, we are still in.
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