YFIBTC - Bullish divergence 1D - Ready to go

Bullish divergence on the 1D chart, hit at long-term support 0.50 BTC. MACD ready to rise. Weekly time-frame ready to go for a sustained climb.

Coin significantly undervalued only 36600 coins in total, very low supply and strong project with long-term applications.

Previously worth 4BTC, and the coin almost broke $100000 in May - the highest price of any crypto. Might break it before BTC.

At minimum it should rise to 1:1 with BTC in the coming month or two. Great chance of 2:1+

Kommentar:

After a fake out to the downside to shed the weak hands, the bulls have roared back in to send YFI soaring back above a long six month descending price channel with a 50% gain in the past 48 hours on news of a big buy back by the DEVs of this coin.

On back of this bullish upswing it will attract investors, look to buy any pullbacks