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.
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🔵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
Penerbitan berkaitan
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.
🎁 -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
Penerbitan berkaitan
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.