YFI 3x Wave Descending Channel - Short
YFI is in a 3x wave descending wedge pattern. It Tried to break upper resistance and was forced back into channel. Expect YFI to continue down channel to a strike price of 15.666.
5 Day RSI is overbought facilitating the downward movement
5 Day RSI is overbought facilitating the downward movement
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.