Hi friends hope you are well and welcome to the new update on YFI token
Wedge and 100 SMA support:
Even though the priceline has already completed a Gartley move on the weekly chart, but if the priceline breaks down the support of wedge and the 100 SMA on the daily chart, then it can give another chance to buy from the potential reversal zone.
Gartley move:
When the price action will again enter the potential reversal zone of Gartley then the buying and sell targets can be as below, as per the Fibonacci sequence of Gartley:
Potential reversal or buying zone: $18649 to $11787
Fibonacci projection or sell zone: $ 24079 to 37071
Wedge and 100 SMA support:
Even though the priceline has already completed a Gartley move on the weekly chart, but if the priceline breaks down the support of wedge and the 100 SMA on the daily chart, then it can give another chance to buy from the potential reversal zone.
Gartley move:
When the price action will again enter the potential reversal zone of Gartley then the buying and sell targets can be as below, as per the Fibonacci sequence of Gartley:
Potential reversal or buying zone: $18649 to $11787
Fibonacci projection or sell zone: $ 24079 to 37071
