YEARN FINANCE PERSONAL ANALYSIS IN THE LONG TERM

7 Ara 2021

Chart shows common supports and resistances based on the fibonacci and price action. The total evaluation for YFI is neutral-bearish. The coin itself has a very stable pace of interest, however this neutral pattern has almost always a tendency to remain more bearish than bullish sincere a larger time frame of bearish divergence are created and not enough higher highs established despite the RSI being overbought several times. A personal tip is to consider every drop as a minor buying opportunity, but consider it a soft purchase rather than a full time investment since, again, the coin itself has no clear bullish momentum in it.

15 Ara 2021

İşlem aktif

Due to the positive news of FED today, the move to the upside is more likely now than approaching the 18,000$ range however the resistance near the 50,000$ is still a major resistance until proven otherwise. Happy Longs Everyone!