YFI 12/17/2020: The BTC's competitor in price and in gains only.

Zaktualizowano
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Since, Bitcoin is aiming higher. Well, this coin will follow too.

Previous TA is in the related ideas below.

Check it.
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Technical Analysis

1D
In order to confirmed it a larger Wave 3. YFI must break the 0.618 - 0.650 Fibonacci & $ 32,856.40. But Right now, it has indications of realizing this larger wave 3. As you see on RSI, Stoch RSI and MACD, it favors the bulls due bullish divergence.
snapshot
snapshot

4HR
The same as 1D
snapshot
snapshot

1HR
Bearish Convergence. Just a pullback to support.
snapshot
snapshot

Others
There is a higher probability that the price has bottomed as it bounced to 0.382 Fibonacci Level but it needs to break the 0.618 - 0.65 Fibonacci & $ $ 32,856.40. So, a price range of $ 30,000.00 to $ 33,000.00 need to be broken.
snapshot
snapshot
snapshot
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
Uwaga
BTCUSD
BTCUSD 12/17/2020
Technical IndicatorsTrend AnalysisWave Analysis

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