As we can see on the chart, YFIIUSDT has been showing growth for more than 6 months. If on November 1, 2020 the price was $ 1000, then half a year later the price became $ 3000. Growth by 200% in half a year. The growth will continue until the price reaches the $ 3800 mark, where it will hit the resistance line and if it breaks through it, then an increase to $...
- YFIIUSDT is printing the double bottom pattern.
- This is a bullish reversal pattern.
- RSI is printing a bullish divergence signal.
- The right bottom is supported by an ascending trendline support.
- Price is approaching the double bottom neckline resistance.
BUY ENTRY ⬆️
- Breakout above the double bottom neckline resistance.
YFIIUSDT is printing an ascending channel on the 1H timeframe.
Price bounced off the channel support and brokeout above the pullback trendline resistance.
Target 🎯 - resistance level, ascending channel resistance.
YFIIUSDT brokeout above the trendline resistance.
Price action is printing an ascending triangle pattern.
We could see a breakout above the pattern resistance ⬆️ or a breakdown below the triangle support ⬇️.
YFIIUSDT is testing the descending channel resistance.
Price action is printing a descending triangle pattern.
We could see a breakdown below the triangle support⬇️ or a breakout above the descending channel resistance ⬆️.