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YFI

YFI-3h. Critical point $21000 is in danger!The sharp rebound in the price of YFI on December 24-25 gave investors a chance for a new wave of growth. Within 4 days, buyers formed a reversible pattern to break the critical range of $24100-24700 . The main buyer support for this scenario was in the range of $22000-22500. At the moment, sellers have managed to cancel this pattern and test the $21,000 mark several times. Buyers do not have the strength to regain control of the $22000-22500 range. In our opinion, there is now a high probability of a breakdown of the 21,000 mark. By doing so, sellers will be able to lower the price to $18,000 fairly quickly. How important is the $21,000 mark? See our global YFI idea:
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by P_S_trade
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YFI 12h H&S Reversal Pattern and Possible Strong Price FallIt looks like the YFI price is facing dark times. On the chart, for the second time, a H&S reversal pattern is drawn. A few months ago, we were one of the first to publish the idea with the H&S on the YFIUSDT chart and it worked out perfectly. Now, again there is a threat of a sharp price fall. Below $22,500 there is still a level of $21,000, and then there is an emptiness up to $16,750. The volumes suggest that there is no interest in the coin. The only thing we can control in the market is compliance with risks. According to the TA canons, after the fall, the price must test the base of the H&S for strength from the bottom. However, the global targets for the figure fulfillment are in the zone of $11,500-13,000. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
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by P_S_trade
4