YFI is looking extra bullish to me, it had a rough two months, but looking at the indicators I believe it has a real chance to make new highs very soon.
The Elliot impulse wave took YFI right up to the $30,xxx mark followed by an ABC correction which also formed an Inverse head and shoulders pattern which is one of the most bullish pattern in technical analysis I believe, YFI will continue its IH&S breakout and see positive price action in the near term.
-Mystic
*not financial advice*
The Elliot impulse wave took YFI right up to the $30,xxx mark followed by an ABC correction which also formed an Inverse head and shoulders pattern which is one of the most bullish pattern in technical analysis I believe, YFI will continue its IH&S breakout and see positive price action in the near term.
-Mystic
*not financial advice*
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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.