YFIUSDTPERP: BINANCE
YFI is trading in critical zone right now. Two points to consider:
1. Ichimoku cloud is forming sideways the candles. (Red cloud means bearish).
2. The candle formation on the blue box is quite similar.
>> Bullish if:
✓ Breakout in the cloud is seen.
✓ lead line converge and forms green clouds.
>> Bearish is
✓ No breakout
✓ No converging happens.
1. Ichimoku cloud is forming sideways the candles. (Red cloud means bearish).
2. The candle formation on the blue box is quite similar.
>> Bullish if:
✓ Breakout in the cloud is seen.
✓ lead line converge and forms green clouds.
>> Bearish is
✓ No breakout
✓ No converging happens.
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.