PolarHusk

YFI/USDT (Bearish Double Top?)

BINANCE:YFIUSDT   YFI / TetherUS
YFI/USDT

-This coin is painting a Bearish RSI divergence on the 4H time period
-Also, it got rejected by the previous resistance top at around 16000 range
-We can see the price is starting to build a consolidation range
-I do not recommend to buy at current market price expecting the price will go up
-It is not safe to buy inside a consolidation phase
-Especially there is a sign of weakness of the market
-I want to see where the market direction before I will plan my next trade
-Don't want to be caught on the wrong side of the boat

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