Monster bull flag for Yearn.finance puts $200,000 YFI price in play

(BTC) bears looked on in disbelief as BTC price rallied to over $57,800 on Feb. 21, sparking a major altcoin rally. It seems bull flags are being printed one after the other on coins like Polkadot and , which are playing out predictably.

However, one coin that is not getting the limelight it deserves right now is Yearn.finance (YFI), and at present, it looks like a period of aggressive selling could be coming to an end with a potential 50% move to the upside being imminent. But first, let's take a look at why it has been struggling recently.

1-hour candle chart. Source: TradingView
YFI/USD 1-day candle chart. Source: TradingView
1-day candle chart. Source: TradingView
2-hour candle chart. Source: TradingView
1-day chart. Source: TradingView
YFI/USD 1-hour candle chart. Source: TradingView

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