YFI is looking extra bullish to me, it had a rough two months, but looking at the indicators I believe it has a real chance to make new highs very soon.
The Elliot impulse wave took YFI right up to the $30,xxx mark followed by an ABC correction which also formed an Inverse head and shoulders pattern which is one of the most bullish pattern in technical analysis I believe, YFI will continue its IH&S breakout and see positive price action in the near term.
-Mystic
*not financial advice*
The Elliot impulse wave took YFI right up to the $30,xxx mark followed by an ABC correction which also formed an Inverse head and shoulders pattern which is one of the most bullish pattern in technical analysis I believe, YFI will continue its IH&S breakout and see positive price action in the near term.
-Mystic
*not financial advice*