Yfilong
YFI | breaking the bullish canal downwards, and consolidatingYFI has broken the bullish canal that it has been. This is a big sell sign. However, since it is holding onto the support level below the canal so far, this breakout can be a fake one. In the case of YFI holding onto this support level, it is likely that it will go back to the bullish canal and make a new higher high. The current level is also a strong Fibonacci level, making this support level even more valuable.
In the case of this support line braking downwards, the analysis will be very bearish.
YFI/USDT 4 HOUR BULLFLAGIf this idea plays out it will mean an explosive move from YFI. We have been surprised by this coin before whats one more time? If you agree throw me a like and follow for more content.
