Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT _____
I really love making technical analysis on YFI even though fundamentals is questionable. By the way, I'm just making longs and short positions on YFI not buying and selling on spot market.
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Technical Analysis
Daily Bad for the bulls. Bearish Divergence on RSI, Stoch RSI & MACD I think EMA 21 (Violet) & EMA 34 (Dark Orange) will tested.
4 Hour and Elliot Wave Price Projection There is Bullish Divergence that may support the price to move upwards but....... But see that very large bearish divergence for a potential move down. It agrees with daily timeframe.
1 Hour Bearish Divergence - RSI, Stoch RSI & MACD ______ Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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