DFI.Money (YFII) | Don’t Miss This 207% Potential Move | Watch Complete Details With Targets
Hey, friends hope you are well and welcome to the new update on DFI.Money token. In this video you will watch how:
The YFII with US dollar pair is moving in a wedge pattern and getting bounced from the support.
And how the YFII with Bitcoin pair is moving in a wedge pattern like YFII with US Dollar pair and also likely to bounce from the support.
On a small time period, a 4hour chart the priceline of YFII with US Dollar pair has broken down all SMAs with the time period of 25, 50, 100, and 200.
On the same 4 hour chart the price action of YFII with Bitcoin pair chart has broken down all SMAs with the time period of 25, 50, 100, and 200.
On the daily chart the price action of DFI.Money with US Dollar pair has formed a bullish Gartley pattern and entered in potential reversal zone.
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The buy and sell targets as per Fibonacci sequence of Gartley are as below:
Potential reversal or buying zone: $4067 to $2627 (this should be used as stop loss as well)
Fibonacci projection or sell zone: $5248 to $8020
The priceline of YFII with BTC pair has also formed bullish Gartley on daily chart like YFII with US Dollar has formed.
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The targets as per the Fibonacci sequence of Gartley are:
Potential reversal or buying zone: 0.3438 to 0.2197 btc
Fibonacci projection or sell zone: 0.4414 to 0.6758 btc
Conclusion:
As the priceline has already broken down all simple moving averages supports on 4 hour chart, therefore the potential reversal zone of Gartley pattern should be used as stop loss. Because in case of break down the PRZ level the pricelilne may move more down to compete the bullish Butterfly move.
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