YFII is looking strong for upcoming bullish action
Hello crypto ladies and gentlemens,
BINANCE:YFIIBTC had a big dip after listing on Binance.
Huge profits were made by shorting it.
This time YFII gained some momentum after apparently it touched the bottom.
It retraced perfectly to 0.5 Fib line and printed a nice pattern for upcoming bullish action.
DeFi coins still have plenty of power to run higher. I think we will see interesting charts in 2021, especially after US election will pass and all will understand in what direction they can go.
Risk: 7
Reward: 8
BINANCE:YFIIBTC had a big dip after listing on Binance.
Huge profits were made by shorting it.
This time YFII gained some momentum after apparently it touched the bottom.
It retraced perfectly to 0.5 Fib line and printed a nice pattern for upcoming bullish action.
DeFi coins still have plenty of power to run higher. I think we will see interesting charts in 2021, especially after US election will pass and all will understand in what direction they can go.
Risk: 7
Reward: 8
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