YFI / TetherUS
Long

$YFIUSDT - Long only above $51K

175
Hello everyone.

There is a similar inverted head and shoulders looking pattern being formed on most of the altcions.
Since there is no confirmation, I highly recommend you not to buy or go long especially with leverage.

Yearn Finance is in a descending channel, probably a bullish flag though lacks some momentum, breakout is needed for the confirmation of the short-term bull run.

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.