YFI has re-tested the support of this nice ascending channel as indicated by the yellow arrows.
So long this holds, I see us moving to 40k quite soon and then possibly set a new ATH when we touch the top of this channel.
YFI is a great buy here and this is also confirmed by the YFI/BTC pair.
Indicators are curving nicely and unless the market takes a new dump, YFI is clear to reach higher levels. Bias remains bullish so long we keep this support.
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
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.