AlanSantana

Yearn.finance (YFI) Trading above MA200 & EMA200 = Bullish

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BINANCE:YFIBTC   YFI / Bitcoin
As usual, we have YFII and YFI moving together.

Here we are looking at the YFIBTC pair for Yearn.Finance.

Just yesterday prices managed to break and close above EMA200.
The day before, we say YFIBTC conquer MA200 which is the black line on the chart.

This is a strong bullish signal.

The MACD is on the bullish zone and the RSI super strong, very similar to YFIIBTC which is now available by visiting my profile.

The targets are the light green dashed lines on the chart.

The main support stands at EMA50 or 0.83791.
Above this level we are bullish.
Below it, we switch to bearish.

We are looking at higher highs and higher lows with YFIBTC easily printing additional growth.

Patience is key for sure...

Namaste.

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