#YFIUSDT #YFIUSD #YFI/re post/+market trend tips & tricks
We hit 15- and at 14k YFI went pukeeee
down to 8,200
automatic relief rally to 10k
bleed down to 7.500
reject at 8,200 then claimed it
reject at 8,700 then claimed it
now YFI try'n to run
& claim 9,100 & 9,750 (really 10k)
easy run to low 13,000s may'b more
I also want to point out that mess of indicators on the bottom of the screen in a second panel. So if u see that white arrow pointing at the dark green trend line that is ETHERUM Dominance or (ETH.D chart under Indexes) as ALTs run eth dominance dies off as folks enter the market via BTC and ETH/ people do LONG and SHORT contracts secured with Wrapped BTC and BTC/ ie running up BTC.D while shrinking ETH.D (ETH>ALTS>DeFi) as the current run stretches to its limits. (THIS CAN GET TRICKY due to sim. chart trend with BTC.D when every1 starts to leave the ALTs back via ETH and BTC and stables etc./ You need to be able to see what ETH and BTC are doing in connection with other indicators that help you see if in general everyone is entering or leaving the market. i like to pair ETH and BTC market cap with BTC.D and ETH.D charts and add other stuff from there like TOTAL3 ie crypto market minus BTC and ETH ie ALTS/)/The question is during a re trace is it temporary and we again enter an uptrend or full pull back BUT there is always a cool off period as the market stretches to its limits. think of it like an eco system. You need to buy eth or btc then that eth buys an ALT but what if your ALT is on another chain. Now we see DeFi or other metrics swell with liquidity ie charts go up. The way to simplify this is remember we have a bottle neck!! BTC and ETH are the keys. EVERY THING PASSES for the most part if not really everything RITE THROUGH BTC and ETH, usually BOTH if you want to get off chain or and move in and out of really any project/DeFi/ ALT coin / Stable Coin >if you play and move, swap crypto, whatever this is the trick. Watch BTC and ETH however you intuitively understand these things ie its ok to look at this in a bit of an abstract way or simply use whatever tools/charts while looking at this market in a whole in whatever form makes sense to you/
kids climbing up my legs/
//:HGM0Ut_
down to 8,200
automatic relief rally to 10k
bleed down to 7.500
reject at 8,200 then claimed it
reject at 8,700 then claimed it
now YFI try'n to run
& claim 9,100 & 9,750 (really 10k)
easy run to low 13,000s may'b more
I also want to point out that mess of indicators on the bottom of the screen in a second panel. So if u see that white arrow pointing at the dark green trend line that is ETHERUM Dominance or (ETH.D chart under Indexes) as ALTs run eth dominance dies off as folks enter the market via BTC and ETH/ people do LONG and SHORT contracts secured with Wrapped BTC and BTC/ ie running up BTC.D while shrinking ETH.D (ETH>ALTS>DeFi) as the current run stretches to its limits. (THIS CAN GET TRICKY due to sim. chart trend with BTC.D when every1 starts to leave the ALTs back via ETH and BTC and stables etc./ You need to be able to see what ETH and BTC are doing in connection with other indicators that help you see if in general everyone is entering or leaving the market. i like to pair ETH and BTC market cap with BTC.D and ETH.D charts and add other stuff from there like TOTAL3 ie crypto market minus BTC and ETH ie ALTS/)/The question is during a re trace is it temporary and we again enter an uptrend or full pull back BUT there is always a cool off period as the market stretches to its limits. think of it like an eco system. You need to buy eth or btc then that eth buys an ALT but what if your ALT is on another chain. Now we see DeFi or other metrics swell with liquidity ie charts go up. The way to simplify this is remember we have a bottle neck!! BTC and ETH are the keys. EVERY THING PASSES for the most part if not really everything RITE THROUGH BTC and ETH, usually BOTH if you want to get off chain or and move in and out of really any project/DeFi/ ALT coin / Stable Coin >if you play and move, swap crypto, whatever this is the trick. Watch BTC and ETH however you intuitively understand these things ie its ok to look at this in a bit of an abstract way or simply use whatever tools/charts while looking at this market in a whole in whatever form makes sense to you/
kids climbing up my legs/
//:HGM0Ut_