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velmunis
Feb 6, 2021 2:35 AM

YFI triangle breakout was expected will it reach 50000.00 ? Long

yearn.finance / United States DollarCoinbase

Description

YFIUSD
YFI is an Etherium token that governs the yearn finance platform. And the current market cap was around 84 Million in Indian value. The price of the YFI
will mostly correlate with Etherium classic,cardano and steller lumens.
We have identified triangle pattern in YFI as the weekend traders will try to push the price lower towards lower side of the trend line where we can buy this coin
this will give us a high risk reward ratio and the potential upside target would be 43700 which is current all time high.2021 high was 40000.00 and 50000.00 will
act as strong topside resistance for the bull yfiusd

Trade closed: target reached

Comments
TheSignalyst
Thanks gentleman. I like it
velmunis
@TheSignalyst happy to get a comment from top analyst in tradingview
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