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AlanSantana
Mar 8, 2021 1:41 AM

Yearn.Finance (YFI) Starts To Move (Target + Full Trade) Long

BINANCE:YFIBTC1D
YFI / BitcoinBinance

Description

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We are active with YFIBTC (Yearn.Finance), we are back challenging the EMA50 line... Let's have a look.

First, here is the full trade details for those interested:


EMA50 is the bold magenta line, this indicator/level has been working as resistance just like EMA100, the blue line.

Right now, this is the next target for YFIBTC, which is 0.9565 or EMA100.

If this level is conquered, we go to MA200 (black line) or higher.

YOu can check the full details or the above chart for additional information.

Conditions for change
If prices drop, we have support first at EMA10 follow by the orange trendline.

Lower than this, we look at the last low on the 5th of November... This is not financial advice.

Thanks a lot for reading.

Namaste.
Trend AnalysisTechnical IndicatorsBeyond Technical Analysis
Comments
mcoincollector
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how about now?
burgercrisis
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YFI only move down these days hahaha
AlanSantana
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@burgercrisis, True.
burgercrisis
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@alanmasters, I love YFI but trying to trade them has only hurt me, even when I made money, fraction of what I could have made elsewhere and often took longer than expected to reach a decent sale. I've struggled more with trading YFI than anything. My guess is its something you just buy the dip in if you believe and hold on to it for 4 years at which point it will be worth a million or something stupid but most of us will have sold out by then LMAO
MoneyMakerTrade
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Excellent work !
Gambling
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You must be making a killing
AlanSantana
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@Gambling, I will start using margin now to make even more.

😁😁😁

Thanks a lot for the support.

Namaste.
Gambling
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@alanmasters, and i thought i was gambling.. lol
AlanSantana
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@Gambling, You think I am because of my reply?
Gambling
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@alanmasters, it was funny, your reply
But I'm not just a gambler.. I'm also a comedian
So are you? making a killing, that is
Never mind it's obvious you are... Wish i could follow more closely.. best wishes and I'm listening
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