As you can see YFI broke out its trend line and is now in search of new price levels. The trend line may become its new support level which will make YFI very bullish. However, the RSI seems to show a bit of overbought atm which is why I have added a "buy zone". IMO it's a wait for now for a pullback into the buy zone or a pullback onto the previous trendline. If YFI hits its previous trendline and bounces back up, it will be the confirmation that the trendline will become the new support level.
Just an idea! ;)
Just an idea! ;)
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