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Second Attempt at Weekly Channel Breakout
yearn.finance / Bitcoin
Long
Second Attempt at Weekly Channel Breakout
By dudebruhwhoa
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Updated
Feb 22, 2023
3
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Cheer
Feb 22, 2023
YFI is attempting to break out of its weekly channel for the 2nd time, last time it failed but has since kept pushing on it.
Let's see if we get an actual breakout this time. First need to see it get and hold above the 200 day EMA, then targets come into play.
Otherwise lose the top of the channel and it may either push for a 3rd attempt, or it could swing back down towards channel bottom
This should show 3 touches on both ends, below:
Feb 22, 2023
Comment
Another chart pic showing channel extended to the left of the chart:
channelbreak
Descending Channel
Parallel Channel
yearnfinance
YFI
yfibtc
dudebruhwhoa
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