YFII dumped lower and is most oversold in it's history. Pattern is similar to XRP where now I am expecting bounce up to test diagonal support line that we have lost, correct a bit and then test diagonal resistance line. If at the moment of testing diagonal resistance line we are in overbought range then expect bigger rejection.
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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.