YFI is currently in an ascending triangle which is an bullish pattern.
The price has already broken the resistance area of the triangle and confirmed it as a support, and the move up is already happening.
I don't expect YFI to retest the ascending triangle uptrend line, but it's a possibility.
Either buy market or buy the break of $36.688.
Take profit below $39.000 and below $41.500
If the uptrend line of this ascending triangle gets broken, that would invalid this setup.
Good luck!
Tibor
The price has already broken the resistance area of the triangle and confirmed it as a support, and the move up is already happening.
I don't expect YFI to retest the ascending triangle uptrend line, but it's a possibility.
Either buy market or buy the break of $36.688.
Take profit below $39.000 and below $41.500
If the uptrend line of this ascending triangle gets broken, that would invalid this setup.
Good luck!
Tibor
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