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YFIUSDT

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
by PolarHusk
5
YFI - DeFi world is crazyTotally madness, YFI token price is almost like BTC. Thanks to Yearn Finance and a lot of yield farmers token price is mooning. I thought it was overvalued at $4000 but I don't even know what to think now. Call me crazy but I think this bubble may continue to inflate while liquidity in Yearn Finance pools continue to grow. Hit the "LIKE" button and follow to support, thank you! Information is just for educational purposes, never financial advice. Always do your own research.
Long
by Bitduke
2