Quick pattern comparison. Similar enough to warrant considering a rise may occur for YFI like that which has occurred with ETH.
While there are some differences in the interim patterns here, the overall pattern is very similar and seems to mimic what Ethereum has done, but is several months behind. Should it continue to do so, we could expect to see a strong rise once YFI has found its bottom.
While there are some differences in the interim patterns here, the overall pattern is very similar and seems to mimic what Ethereum has done, but is several months behind. Should it continue to do so, we could expect to see a strong rise once YFI has found its bottom.
Note
OBV has been rising on the daily chart zoomed out, this chart from a related idea I posted earlier:Note
Appear to be forming an inverted HS here:
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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.