YFIUSDT market is bullish after breaking out of the consolidation phase and above daily resistance market has given us a nice correction to retest previous resistance as new support, during the correction on the 4hr timeframe market has formed this counter trendline which it is currently respecting still forming lower lower lower highs, we are waiting for a break above and change of structure, if we get a 4hr close above the previous high and above the counter trendline we can take the long on the retest.
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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.