Facts taken from the chart:
1. The overall movement of the Cap Market in an uptrend channel
2. The moving average of 200 is an important resistance above the recent candlesticks
3. Resistance levels are drawn in the form of a series of rectangles after the moving average of 200. (Fibozone)
Important: 2 trillion is an important number for Market Cap.
The YFIBTC is reacting to the midline of the channel in daily time frame. Rectangle area Is drawn using fibonacci levels.
i think YFI can toch top of channel and we can make a profit in a few trades.
