After a massive move in November, YFII has been relatively calmly trading sideways. Over the last two months, a strong triangle pattern has emerged on the chart. Note the bottom support, which has numerous touches.
As of today, YFII has broken out of said triangle. This can be the start of something great. YFII has been very volatile over the last few months, so we can move with >20% candles per day theoretically in the near future. Near term targets in blue.
Keep an eye on this one.
As of today, YFII has broken out of said triangle. This can be the start of something great. YFII has been very volatile over the last few months, so we can move with >20% candles per day theoretically in the near future. Near term targets in blue.
Keep an eye on this one.
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