$YFI

God, I f*cking love TA...

$YFI at a critical point.

Measured target is the lenght of the neckline to head, pasted to the neckline, in this case DOWN.

WAIT FOR CONFIRMATION.

$YFI

this is what I mean by CONFIRMATION!!

Touching the previous support line, that now turned resistance.

We'll probably see a sharp rejection.

Still caution though.

$YFI

Currently stopped dropping at the 0.236 Fibonacci level, also a level of previous horizontal resistance/support.

Interesting.

Let's wait and see how strong it is.

$YFI update

After I said we would drop, we dropped with $1200.

The measured target was lower but we found support on the 0.236 fib line.

Currently in this ascending triangle.

Wait for confirmation to see if we break up or down.

$YFI update

I zoomed in on the ascending triangle break out so u can see the confirmation where previous support turned resistance.

I'm now waiting for a better pattern to unfold.

For sure is the upper resistance line and (until now) the lower support line.

$YFI update

Trying to hold support.

If you're trading this, I recommend to NOT leave your chart right now.

Wait for confirmation as always.

You know the drill:

WAIT FOR CONFIRMATION $YFI

$YFI

HAHAHAHAHA

Patience

$YFI update

Testing every support line

To be honest: I think we'll finish the H&S measured target and reach the low around $14.470

My lines were not 100% perfect but hey, neither am I

$YFI

Making a decent bounce.

But I'm not rushing in until we confirm the next resistance level.

#YFI

I know what we are doing here!!

Here the low time frame and 1d time frame.

I'm pretty sure we're going down to my lowest target, confirm support and then moon. All time frames indicate in that direction.

Now wait to see it come true

$YFI

I took the trade @ $16,597.28

Why?
- Break out on high timeframe (1 day)
- Came back to previous resistance around $15,000
- Tested > turned support
- Moon mission

$YFI

There we go.

We'll probably come back to $17,200 to confirm support.

$YFI

Step by step climbing up.

Don't FOMO!

We WILL come back to test support sooner or later.

$YFI update

Okey, my time frame was to low, I'm zooming out!

>>

If you want an entry on $YFI, watch for resistance flipped support confirmation (!) at these levels:

$YFI

Next impuls is to $18k

That is the confirmation of the $17.4k level turned support.

#Bitcoin dancing on resistance

$YFI trying to hold $17.4