YFI: 4H incoming breakdown of symmetrical triangle
Updated
As above.
Backdown to 28K range likely with 25K again benign stronger support next.
Good luck traders
Backdown to 28K range likely with 25K again benign stronger support next.
Good luck traders
Note
Nah... "The future direction of the breakout can only be determined after the break has occurred. Sounds obvious enough, but attempting to guess the direction of the breakout can be dangerous. Even though a continuation pattern is supposed to breakout in the direction of the long-term trend, this is not always the case."
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.