YFI-3h. Critical point $21000 is in danger!

The sharp rebound in the price of YFI on December 24-25 gave investors a chance for a new wave of growth.
Within 4 days, buyers formed a reversible pattern to break the critical range of $24100-24700 . The main buyer support for this scenario was in the range of $22000-22500.

At the moment, sellers have managed to cancel this pattern and test the $21,000 mark several times. Buyers do not have the strength to regain control of the $22000-22500 range.

In our opinion, there is now a high probability of a breakdown of the 21,000 mark. By doing so, sellers will be able to lower the price to $18,000 fairly quickly.

How important is the $21,000 mark? See our global YFI idea: