Full disclosure, I bought YFI at $42,900... and am desperately needing a recovery. So I *might* have a slight bias towards seeing a push here... BUT... regardless... I think there are some strong bullish signs in the coming week for YFI.
Lots called out in the graph above so some additional thoughts below to supplement the graph:
- There have been other points where a touch on the 50 day sends the price to the upper resistance line
- The Stochastic RSI isn't perfect... and the patterns are not exactly the same... but given it's in the same spot as the last big push... there's gas in the tank at it's current position.
- There *could* be a possible W forming - we could be at the second touch of the double bottom right now (big speculation there...)
- Price is currently respecting gan fan channel - could jump back to median (dotted line) for this next push
Lot's of speculation all around, but I'm hopeful!