YFI / TetherUS
Long

YEARN FINANCE - YFIUSD - Next big 1000% rally ?!

426
YEARN FINANCE - YFIUSD

We have a nice big base here and the wave count suggests a potential Leading Diagonal with a very shallow wave 2 which indicates lots of underlying strength here.

Otherwise, we might be in a Flat correction meaning we'll see price go below 37600-ish soon.


Personally I favor the bullish view because of how RSI has been always staying above 40 and sometimes even went overbought since that low in Novembre.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.