YFI is still moving inside a clear descending channel on the higher time frame. Price recently reacted from the lower boundary and is now trying to stabilize after a long period of controlled downside. This zone has acted as a demand area multiple times in the past, so buyers stepping in here is not a surprise.
A short term bounce toward the mid range of the channel looks possible, but only improves if YFI can reclaim the upper channel resistance and hold above it. Until then, this remains a corrective structure within a broader downtrend, and patience is key while the market decides its next direction.
A short term bounce toward the mid range of the channel looks possible, but only improves if YFI can reclaim the upper channel resistance and hold above it. Until then, this remains a corrective structure within a broader downtrend, and patience is key while the market decides its next direction.
Market Structure • Price Action • Crypto Updates
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🔗 Telegram: t.me/Coach
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Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。