YFI needs a proper flush before it can resume an uptrend continuation, by getting a good chunk of the 10,000x, 1,000x, and 100x longterm HODLers out of the trade.
Downside targets on the chart may be exaggerated, as I'm looking for capitulation signs instead.
Currently positioned neutral until a breakdown of the trendline, though also cautious in the event of a bear trap.
Downside targets on the chart may be exaggerated, as I'm looking for capitulation signs instead.
Currently positioned neutral until a breakdown of the trendline, though also cautious in the event of a bear trap.
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