YFI / TetherUSLong
YFI - Technically and Fundamental Analysis
Updated
I seen YFI a Headstrong token As I Live with this token last 25 days- ever times you think we are on the pullback area, surprises us on goes to another support level Down.
Now , If RSI (7) cross up 50 level in 4H and have a pullback above RSI:50 , we will have start a bull trend.
But if goes down to next support level around 13000, will confirm the Head and Shoulder Pattern and I think we will have a range trend for Long - as like as sushi
An important notice is it that YFI is very impressible by BTC/ETH Movements
And look at the cross up MACD 4H- If we have a Continue on it the Bullish trend is 90%
on Fundamental we could see that the YFI Holders on Binance have a smooth level increase.
I will update this analysis.
Please fell free to comment and Discussion
Now , If RSI (7) cross up 50 level in 4H and have a pullback above RSI:50 , we will have start a bull trend.
But if goes down to next support level around 13000, will confirm the Head and Shoulder Pattern and I think we will have a range trend for Long - as like as sushi
An important notice is it that YFI is very impressible by BTC/ETH Movements
And look at the cross up MACD 4H- If we have a Continue on it the Bullish trend is 90%
on Fundamental we could see that the YFI Holders on Binance have a smooth level increase.
I will update this analysis.
Please fell free to comment and Discussion
Note
If the This red Candle on 4H period closed bellow the 20MA , it's means that we will start to have bearish trend . otherwise the bullish trend continues to TP1 around 21000
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