YFIUSDTPERP: BINANCE
YFI is trading in critical zone right now. Two points to consider:
1. Ichimoku cloud is forming sideways the candles. (Red cloud means bearish).
2. The candle formation on the blue box is quite similar.
>> Bullish if:
✓ Breakout in the cloud is seen.
✓ lead line converge and forms green clouds.
>> Bearish is
✓ No breakout
✓ No converging happens.
1. Ichimoku cloud is forming sideways the candles. (Red cloud means bearish).
2. The candle formation on the blue box is quite similar.
>> Bullish if:
✓ Breakout in the cloud is seen.
✓ lead line converge and forms green clouds.
>> Bearish is
✓ No breakout
✓ No converging happens.
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