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TiborVrbovsky

YFI in a Daily Falling wedge .

Long
YFI / TetherUS (BINANCE:YFIUSDT)  
TiborVrbovsky  
BINANCE:YFIUSDT   YFI / TetherUS
Support and Resistance Wedge YFI yfii YFIUSDT YFIUSD yfibtc yearnfinance YFIIUSDT yearnusd
20
5
supportandresistance wedgepattern yfi yfii yfiusdt yfiusd yfibtc yearnfinance yfiiusdt yearnusd
YFI is in a daily falling wedge that has a bias to break to the upside and can often change trend, which is currently downtrend.

First target is $21,100 (43%)

RSI has bottomed and is giving slight bullish divergence, MACD has given second buy tick today, confirming a buying a wave. As long as Bitcoin doesn't drop below $12k this setup should go well.

Good luck!
Tibor

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