Short

YFIUSDT GETTING CLOSER TO THE UPPER TRENDLINE. SHORT

Updated

Getting closer to the upper trendline and topping out. Downtrend should start from here now. Maybe a wick to 30K, but I believe that's the maximum. Will change my mind if the daily closes above upper trendline.

T1= ~16K
T2= ~10K

Note

So far going as expected. Seems like it has also created a bearish H&S. Lets see if this also plays out by breaking the trendline. Target for this would be 12K. So quite close to my T2.

KarelMMM

Related publications

YFIUSDT SHORT TERM BEARISH LONG TERM BULLISH 1D TF

by KarelMMM

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.