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Chibuike_Odoh

YFIIUSDT (YFII) - DOUBLE BOTTOM REVERSAL PATTERN

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Chibuike_Odoh  
BINANCE:YFIIUSDT   None
Trend Analysis Chart Patterns Technical Indicators yfii YFIIUSD YFIIUSDT YFIIBTC Cryptocurrency crypto yearnfinance
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trendanalysis chartpattern indicator yfii yfiiusd yfiiusdt yfiibtc cryptocurrency crypto yearnfinance
ANALYSIS 🔎
- 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.

TARGET 🎯
- Horizontal resistance level 1 (R1).

SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.
Clause de non-responsabilité

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