Yearn Finance YFI - Symmetrical triangle
We are currently in this symmetrical triangle, the price creates higher low => uptrend is intact.
The red trend line can be very useful in the future, because you can sell/short when the time comes.
Bottom trend line really should hold for smooth continuation of the trend to the upside. Else this symmetrical triangle can become an descending triangle, which is bearish.
If you like this technical analysis, please hit the like button and follow me for more of these ideas!
Also, check my signature down below ↓
The red trend line can be very useful in the future, because you can sell/short when the time comes.
Bottom trend line really should hold for smooth continuation of the trend to the upside. Else this symmetrical triangle can become an descending triangle, which is bearish.
If you like this technical analysis, please hit the like button and follow me for more of these ideas!
Also, check my signature down below ↓
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。