Yearn Finance
YFIUSD
may perform similarly to Chainlink
LINKUSD
, or vice versa.
Their structures are near identical.
YFI has persisted longer in its range than LINK and may see a stronger breakout as a result.
Conversely, LINK could follow YFI instead and drop back down to its prior range after its breakout held for some weeks, where YFI's previous breakout attempt turned into a bearish candle with a high wick.
Good luck!
YFIUSD
may perform similarly to Chainlink
LINKUSD
, or vice versa. Their structures are near identical.
YFI has persisted longer in its range than LINK and may see a stronger breakout as a result.
Conversely, LINK could follow YFI instead and drop back down to its prior range after its breakout held for some weeks, where YFI's previous breakout attempt turned into a bearish candle with a high wick.
Good luck!