YFII changed direction last time we visited this area, but we are back. A successful hold above this level indicates positive upside, and there is potential for a double bottom here.
A prolonged move below the horizontal line suggests we are still in a downtrend. Keep an eye on this.
I just shared for you the targets for YFIBTC (visit my profile).
This time, we are going to be looking at YFIIBTC.
We have multiple bullish signals developing as I write this and momentum building up.
The targets are the blue and orange dotted lines as well as the magenta dashed-lines as main targets.
This is not financial advice.
Thanks a lot for your...
Elliott impulse wave, new to this trading technique.
Wave 1 found resistance at 0.236 fib level (damn that is nice), retraced and found support on previous resistance.
Decreasing volume in Wave 2
Wave 3 set to begin, watching 0.5 and 0.618 fib levels as targets.
Hello crypto ladies and gentlemens,
BINANCE:YFIIBTC had a big dip after listing on Binance.
Huge profits were made by shorting it.
This time YFII gained some momentum after apparently it touched the bottom.
It retraced perfectly to 0.5 Fib line and printed a nice pattern for upcoming bullish action.
DeFi coins still have plenty of power to run higher. I...
At the moment, we don't know how to believe in this coin. And this moment is very important to this coin.
If YFII doesn't drop below the wick of the last Doji at 0.18 BTC, it will try to re-test the 0.275 BTC resistance level. I think it will win in this war to move up to 0.45 BTC.
Note : just in case 0.18 BTC not broken!!!!!
Strong pressure sells
Bleeding not look like it will stop soon
And lost its last Immediate support 0.13200 sat
And since we dont have another support we can
expect the next one on Reverse fibo 1.618
Around 0.04000 sat
The priceline of YFIIBTC has formed bullish Gartley on daily chart, the targets as per Fibonacci sequence of Gartley are:
Potential reversal or buying zone: 0.3438 to 0.2197 btc
Fibonacci projection or sell zone: 0.4414 to 0.6758 btc
Atif Akbar (moon333)