YEARN FINANCE - YFIUSD - Next big 1000% rally ?!
YEARN FINANCE - YFIUSD
We have a nice big base here and the wave count suggests a potential Leading Diagonal with a very shallow wave 2 which indicates lots of underlying strength here.
Otherwise, we might be in a Flat correction meaning we'll see price go below 37600-ish soon.
Personally I favor the bullish view because of how RSI has been always staying above 40 and sometimes even went overbought since that low in Novembre.
We have a nice big base here and the wave count suggests a potential Leading Diagonal with a very shallow wave 2 which indicates lots of underlying strength here.
Otherwise, we might be in a Flat correction meaning we'll see price go below 37600-ish soon.
Personally I favor the bullish view because of how RSI has been always staying above 40 and sometimes even went overbought since that low in Novembre.
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Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !