YFII | Key position.

160
In the 4h time frame, YFII came to a key position: the $950 resistance area, and the price encountered EMA 200 again. As can be seen from the figure, although the price has broken out several times, it has all retreated below the EMA. There is reason to believe that if YFII can turn the EMA 200 into support, the bulls will push the price towards the upper line of the ascending channel, at least the $1,000 level.

If you like and support our analysis, please give us a like and leave your comment. 😘

Good luck~☘

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.