Crypto Elliott Wave Analysis: YFI Is Forming Bullish Setup
Jan 5, 2022

YFIUSD

Five waves up from the lows suggest that market found the support/bottom, at least temporary one. So, recent rally we see as a first leg (A)/(1) that can be now followed by a three-wave A-B-C pullback in wave (B)/(2) before we will see further rally into wave (C) or maybe even wave (3).
Ideal support would be around 61,8% Fibonacci retracement and 27k-25k zone, while invalidation level is at the previous 17k lows.



Crypto Elliott Wave Analysis: YFI Is Forming Bullish Setup by ew-forecast on TradingView.com

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