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YFI "V Bottom" | Bullish Momentum Building Up!
YFI / Bitcoin
לונג
YFI "V Bottom" | Bullish Momentum Building Up!
מאת AlanSantana
עקוב
עקוב
17 בנוב׳ 2020
2
7
7
7
17 בנוב׳ 2020
This is another pair that we hit perfectly... YFIBTC.
On this current chart, you can see a "V bottom" pattern, which is strongly bullish.
Let's start by looking at the previous chart (this is from November 6):
Notice how the YFIBTC, 4H timeframe, price is now staying above EMA200 on the previous chart.
Now, we are looking at the YFIBTC on the daily (D) timeframe, meaning, you get 24 hours per candle rather than just 4.
Here we have prices challenging EMA50 (1.215) which is a very strong level.
Above this level, we get another price jump.
We have the RSI above 50.
The entire altcoins market heating up, continues to grow.
Bitcoin is hitting highs that haven't been hit in years and...
The USA will have a huge surprise for you all.
All these signals are pointing to additional growth.
Still, you don't have to take my word for it...
Give it some time, do your own research, and we will see how it goes.
My view remains, YFIBTC will continue to grow.
Thanks a lot my friend for the amazing and continued support.
Namaste.
alanmasters
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