YFI is one big Head and Shoulders pattern
If you want a safer entry, wait for the 8hr retest of resistance at 21000
Note
Looks like it's in an ascending wedge on the hourly, which should continue the bearish downtrend once it falls out Note
Idea playing out perfectly. Have taken some profits and looking to re-enter again after a retracement off ~14000
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.
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.