Hi dear friends, hope you are well and welcome to the new update on DFI .Money (YFII) token with US Dollar pair.
Previously we caught more than 400% pump as below:
Now on a 4-hr time frame, YFII is about to complete a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
Your attention is a chart of YFIIUSDT on the 3-day time frame.
The first thing that catches your eye is that the value of YFII has grown +1200% in less than six months . And this is at a time when the entire crypto market is falling.
We could not find a logical or technical explanation for such an abnormal increase in the price of YFII, and even tried to find a...
812% sweet profit,
the RSI indicator is at the one-day ceiling,
diagram on the roof of the canal,
Traders thinking of saving profits.
Be careful with your transactions
This is a simple analysis, not a buy or sell offer
ANALYSIS 🔎
- YFII/BUSD brokeout above the double bottom neckline resistance, hit a swing high and retraced.
- Price is retesting the key fibonacci retracement zone (0.618 - 0.702 - 0.786) and the double bottom neckline resistance turned support.
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- We could be on the verge of...
