Hey friends, hope you are well and welcome to the new update on YFII token.
Previously the price action broke down the support of the pennant on daily chart. But in a very next candlestick we can observe a powerful buying volume therefore while re-testing the previous support as resistance the price action of DFI.Money re-entered in pennant. Finally the price...
The DFI.money project token YFII is the Chinese equivalent of the famous $YFI.
YFII's value has skyrocketed on the DeFi boom wave as YFI. Our ideas on YFI perfectly worked out, so we decided to do the forecast for YFII.
YFII falls and there is still much to fall.
To begin with, our calculations show that the price should go down to the zone $1385-1485....
Hey friends hope you are well and welcome the new update on DFI.Money token.
On small time period 4 hour chart the priceline of YFII token was moving in a descending triangle and finally broke down the support.
On 4 hour chart the priceline also has broken down all simple moving averages with the time period of 25, 50, 100...
The priceline of YFIIUSDT has formed bullish Gartley on long term weekly chart, the targets as per Fibonacci sequence of Gartley are:
Potential reversal or buying zone: $4067 to $2627 (this should be used as stop loss as well)
Fibonacci projection or sell zone: $5248 to $8020
Atif Akbar (moon333)
NOTE: NOT A FINANCIAL ADVICE TO BUY/LONG or SELL/SHORT
In the Chart
Donation (It's up to you)
If you want send some crypto, I accept Bitcoins .
NOTE: NOT A FINANCIAL ADVICE TO BUY/LONG...