Long
YYW / USD // BITFINEX - LONG
YYW just broke an important descending channel and is now going towards the resistance around USD 0.43 area.
If it does not break the resistance, we will probably be hading towards a pullback around the descending channel (yellow line)
If it succeeds to break the resistance, it will probably reach around 0.50 and ultimately it's all time high value of 0.8 cents, when it first entered in Bitfinex.
Lets keep an eye on YYW and hope you guys can get a good deal!
If it does not break the resistance, we will probably be hading towards a pullback around the descending channel (yellow line)
If it succeeds to break the resistance, it will probably reach around 0.50 and ultimately it's all time high value of 0.8 cents, when it first entered in Bitfinex.
Lets keep an eye on YYW and hope you guys can get a good deal!
Note
YYW is currently at USD 0.45, lets follow-up to see if it will reach the USD0.50Trade closed: target reached
Thanks for anyone who liked this idea!
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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.