YFI is in the strong support zone at 12500-13500$ and this zone has resisted the decline of YFI several times.
However, after touching the MA20 in the 1D frame, YFI formed a Doji candle, signaling a breakout of the 12500-13500$ support zone. If this happens, the heading target for YFI would be 9700$ or even 4000$ zone.
However, if YFI bounces back and breaks through 16000$, we will buy it back and target the zone at 29000$
However, after touching the MA20 in the 1D frame, YFI formed a Doji candle, signaling a breakout of the 12500-13500$ support zone. If this happens, the heading target for YFI would be 9700$ or even 4000$ zone.
However, if YFI bounces back and breaks through 16000$, we will buy it back and target the zone at 29000$
Note
#YFI 
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Note
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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.