YFI Getting Ready For Another Round

Looks like YFIBTC is getting ready for another round of growth.

On yesterday's candle, we can see EMA10, EMA21, and EMA50 being tested as support.

Prices fell below to quickly move back up... This is a bullish signal.

Both our main indicators, RSI and MACD, stay on the bullish side as well.

The RSI is above 50.
The MACD above 0.

These signals also point to potential additional growth.

In all, we stay bullish on YFIBTC as long as prices stay above EMA50.

NOTE: Moving and closing below 1.08 would invalidate the above analysis.

This is not trade/financial advice and you need a plan if you decide to trade.

Always do your own research.

Previous articles: Nov 6
YFI Ready For Another Round Of Profits (125%) + Basic Tips

Nov 10

Thanks a lot for reading.

Namaste.

הערה:

✳️ YFII Multiple Reversal Signals | Chart Analysis