YFI/USDT Potential Breakout
Resistance and target = 8100.
Bullish divergence on Fisher, a nice "U" forming.
on the KDJ and a "V" spike on the Stoch RSI.
Bollinger squeezing hard on YFI as well. All signs for breakout.
The risk/reward ratio is 3.58 : 1.
-12% down to trendline of 5000 (risk).
+43% to upside target of 8100 (reward).
Bullish divergence on Fisher, a nice "U" forming.
on the KDJ and a "V" spike on the Stoch RSI.
Bollinger squeezing hard on YFI as well. All signs for breakout.
The risk/reward ratio is 3.58 : 1.
-12% down to trendline of 5000 (risk).
+43% to upside target of 8100 (reward).
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.