YFI: Possible 20K, New ATH Expected? DEFI Hype Train!We are currently seeing a possible wave 5 up to 20K regions, most likely setting a new record for any coin to reach such heights. YFI has surpassed the price of Bitcoin! This may paint another picture for a bigger wave 3, which may even bring us to higher levels in the future if the hype stays.
We should be expecting profit taking at the next major psychological resistance at 20,000 USD.
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YFIUSD
YFI/USDT (Bearish Double Top?)YFI/USDT
-This coin is painting a Bearish RSI divergence on the 4H time period
-Also, it got rejected by the previous resistance top at around 16000 range
-We can see the price is starting to build a consolidation range
-I do not recommend to buy at current market price expecting the price will go up
-It is not safe to buy inside a consolidation phase
-Especially there is a sign of weakness of the market
-I want to see where the market direction before I will plan my next trade
-Don't want to be caught on the wrong side of the boat
YFI has replaced BTCI don't know what this is, but it's price has risen above BTC's. This market is surreal,and i have suspended all my judgments. TA I made on this chart is BS but it probably will hit the target drawn because market can only go up.
BTC is slowly fading as a mariad of coins pump multiple Xs. BTC is doomed to oblivion since its dominance can reach 10%. See idea below.