If the nearest resistance is broken through, YFI will rise to an all-time high, which is now at $43,678. The continuation of growth is also indicated by the fluctuation of the indicator above 50 and a cross.
Until the triangle is broken through, the best strategy would be to gradually buy YFI within the figure using the GRID bot from 3commas. To execute the trading strategy, follow these steps:
- Head over to the GRID Bot by choosing it from the main menu in your 3Commas account.
- Select USDT Market and YFI /USDT pair;
- In the Grid Bot tab, go to the Manual strategy settings;
- Set the upper limit price to 43,678 and the lower limit price to 33,930. Number of grid lines: 10. Set the quantity per grid parameter according to the amount you wish to spend on each trade;
- Click the Create button, then sit back and let the Grid Bot go to work!