Since we are in Fibs and YFI is responding perfectly to them.
On the daily, we see a double top forming. Plus, we only touched 0.5 fib on the last retracement.
YFI tends to touch GOLDEN fib 0.618 pretty much all the time, up or down.
We could/should go to 16k in the next days to touch that golden.
If tomorrows daily is red for YFI, it confirms double top.
Looking to rebuy at 16k.
On the daily, we see a double top forming. Plus, we only touched 0.5 fib on the last retracement.
YFI tends to touch GOLDEN fib 0.618 pretty much all the time, up or down.
We could/should go to 16k in the next days to touch that golden.
If tomorrows daily is red for YFI, it confirms double top.
Looking to rebuy at 16k.
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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.
Related publications
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.