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cryptosince1963
Jan 17, 2021 3:41 AM

YFII - another run for defi starting, has this chart broken out? Long

Description

YFII and it's bigger brother that looks indistinguishable after a couple drinks YFI, have not really seen the same level of growth as the rest of defi has today.

Interesting to say the least as Yearn's tokens seemed to lead the charge last time.

It does look like the chart has broken out, after a surprisingly bearish looking harmonic pattern non the less. Good volume on the breakout.

Interest to see if it breaks right through or does a little shuffle down first. wouldn't be surprised if it just breaks right through and makes my arrow look silly.
Comments
LiViCi
Greate job bro...
I think yfii has a big potential to grow up. Maybee it can goes up about 6000$ or even more in next 2 month.
I will happy to see you opinion in my TA , in my profile, specially on yfii, algo , xzc
Thank you for sharing your data.
cryptosince1963
@LiViCi, Thanks for the kind words bro. Agree there's big potential for most defi projects the coming months and YFII has lots of room to go still.

Will take a look shortly my friend.
LiViCi
@reggiogeorge, Also take a look on ANKR & XVG . I think they have a great potential
calidax
Your arrow is accurate af!

Good job!
cryptosince1963
@calidax, thank you bro. I pride myself in the accuracy of my arrows 😆
Ersin_ARSLAN
Thanks for TA ! Where is ideal buy zone ? 1600 ?
cryptosince1963
@Ersin_ARSLAN, Thanks for the support!

Probably sub 1850 to 1600, this sunday pump on the market might end with a retrace lower so it's hard to call the exact area but 1850-1600 is the area i'm gonna keep my eyes on, if I see it getting support it's likely the bottom before the next leg. We'll see though!
espenespen
great TA, thank you for sharing!

Think we'll more than likely break right out of that pendant. Hopefully some much deserved volume will come YFII's way. I've been long both on this and YFI for a while.
cryptosince1963
@espenespen, appreciate your input and support! Interested to see where the breakout occurs, seems almost 100% positive that it will take place, just when really.

I think your long will pay off my friend!
espenespen
@reggiogeorge, Absolutely. Price action and all indicators indicate so. Time for some focus on the whole Defi market. The projects of interest will eventually see some substantial grow.

Good luck in all of your positions too, amigo!
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