Looks like YFIBTC is getting ready for another round of growth.
On yesterday's candle, we can see EMA10, EMA21, and EMA50 being tested as support.
Prices fell below to quickly move back up... This is a bullish signal.
Both our main indicators, RSI and MACD, stay on the bullish side as well.
The RSI is above 50.
The MACD above 0.
These signals also point to potential additional growth.
In all, we stay bullish on YFIBTC as long as prices stay above EMA50.
NOTE: Moving and closing below 1.08 would invalidate the above analysis.
This is not trade/financial advice and you need a plan if you decide to trade.
Always do your own research.
Previous articles: Nov 6
YFI Ready For Another Round Of Profits (125%) + Basic Tips
Nov 10
Thanks a lot for reading.
Namaste.
On yesterday's candle, we can see EMA10, EMA21, and EMA50 being tested as support.
Prices fell below to quickly move back up... This is a bullish signal.
Both our main indicators, RSI and MACD, stay on the bullish side as well.
The RSI is above 50.
The MACD above 0.
These signals also point to potential additional growth.
In all, we stay bullish on YFIBTC as long as prices stay above EMA50.
NOTE: Moving and closing below 1.08 would invalidate the above analysis.
This is not trade/financial advice and you need a plan if you decide to trade.
Always do your own research.
Previous articles: Nov 6
YFI Ready For Another Round Of Profits (125%) + Basic Tips
Nov 10
Thanks a lot for reading.
Namaste.
Note
✳️ YFII Multiple Reversal Signals | Chart Analysis
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➢ FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
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.