The news from 1 December of Sushiswap & Yearn.Finance join and the flow of blocked funds blew up the Sushi and YFI price.
We suggest at the same time to evaluate a fresh idea for Sushi.
So, the above news helped YFI break the trend and easily rise in value from $26,000 to $31,000.
For the second time, YFI price tested for the strength the last defensive bastion of sellers, which was described in the previous idea.
Possible scenarios for the coming weeks:
Sellers will again try to push the price back to the liquidity zone of $21,000-22,500.
If in this zone, sellers show their strength and are able to lower the price below $18,300, then the Double Top pattern will be activated. The final target for it is in the zone $10,000-11,500.
If buyers show their strength, they will drive the price up to the previous high in the range of $44,000.
We suggest at the same time to evaluate a fresh idea for Sushi.
So, the above news helped YFI break the trend and easily rise in value from $26,000 to $31,000.
For the second time, YFI price tested for the strength the last defensive bastion of sellers, which was described in the previous idea.
Possible scenarios for the coming weeks:
Sellers will again try to push the price back to the liquidity zone of $21,000-22,500.
If in this zone, sellers show their strength and are able to lower the price below $18,300, then the Double Top pattern will be activated. The final target for it is in the zone $10,000-11,500.
If buyers show their strength, they will drive the price up to the previous high in the range of $44,000.
🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.