YFI Faces Resistance, Will It Grow More?

11 nov 2020

Just as prices can go almost straight down as we saw from Sept. till' Nov., they can also do straight up, as it is happening now.

YFI Has More To Offer (245%+ Mapped)

YFIBTC is now facing resistance at 1.255 or EMA50.
This is an important level.

Looking at the bearish wave and how quickly prices fell, the possibility exists for the up wave to do the same.

If EMA50 can be cleared, we can expect another jump of 170%.

On an EMA50 rejection, we would have a retrace before the next move can develop.

The chart is full bullish here.

• Strong RSI.
  
• Rising MACD.
  
• Increasing volume.
  
• Bullish altcoins market.
  

Additional information can be seen on the chart.

Namaste.