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YfiBtc trading opportunity

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BINANCE:YFIBTC   YFI / Bitcoin
YFIBTC has recently broken out of a falling wedge pattern on the weekly chart, with consolidation done within a bullish flag pattern before experiencing a massive breakout. This indicates that the coin may be in the early stages of a new uptrend, with a potential target of 1.4-1.7.

YFIBTC has also recently found immediate support at 0.3-0.34 and resistance at 0.63. We should keep an eye on these levels, as a break above resistance could signal further bullish momentum, while a break below support could indicate a potential trend reversal.

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