BINANCE:YFIUSDT   YFI / TetherUS
Hello dear friends,

*Mars Signals Team wishes you high profits*

This is a one day time frame analysis for YFIUSDT.1D

We are in the daily time frame. As you can see, the price has been able to stabilize above the resistance zone and is currently playing the role of the first support zone.
We have two scenarios in mind
First scenario: We consider that the price can complete its pullback and then move towards our resistance zone
The second scenario: if the price cannot stabilize above our support line and penetrates below our support line, we expect a micro-shortening of the previous area.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Take care

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.