YFI is throwing up an aggressive upward wedge with prices consolidating after bouncing off EMA 50 and resting now at EMA 21. Very Healthy signs for any chart.
Should be a pretty simple bounce/ breakout play here. Opportunity for a 20% range trade potentially within the wedge.
Indicators on this chart are all looking nice for further growth.
Volume has dropped, good potential for a breakout from the wedge when we see a volume spike.
Next targets are mapped. SL below the teal uptrend line if you're getting in on the bounce.
Thanks for reading and have a great weekend. This isn't financial advice.
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