TradingOn

$YFI/BTC 2D (Binance Spot) Symmetrical triangle break and retest

Long
TradingOn Updated   
BINANCE:YFIBTC   YFI / Bitcoin
Yearn.finance is accumulating for next big move upwards I believe, let's start filling a bag here!

Current Price= 0.74025
Buy Entry= 0.74040 - 0.68540
Take Profit= 1.12290 | 1.85740 | 2.65770
Stop Loss= 0.54840

Risk/Reward= 1:2.5 | 1:6.98 | 1:11.86
Expected Profit= +57.62% | +160.72% | +273.06%
Possible Loss= -23.02%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2880h
Trade active:
All entries filled

YearnFinance missed first target for 0.0179 ₿ then pulled back to entry.
That is too bad since it would have been up to +55.11% profit, but set-up is still valid!

Comment:
Accumulation about to end

Something is definitely cooking with yearn.finance, just broke-out of a symmetrical triangle and is retesting it right now!
I was already pretty big in but I bought some more anyway since it looks very promising.

Comment:
Speaking of which, this call is still active

Yearn.Finance is taking longer than expected but still looks very promising, especially after regaining 50MA & 100EMA!


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