I would look to get in here with stop loss at under 25k
She needs to confidently break through that 29k range and stay there.
If this happens in next few days or later this week we will see a ridiculous run. REMEMBER wales firmly control this token. ONLY 30k of em and these pools are only getting stronger and more organized. The individuals that HODL are very active day traders and dont play (HASKATRADES@HaskaTrades _Twitter) This is most likely a push to accumulate more market cap. Ie take profits in usd pairs, swing trade and then pump YFI with BTC and ETH pairs on the way back around the block_reestablishing profits thro BTC and ETH etc swing trade profits. This is how these guys trade. The yearn team especially is always looking to push the boundaries on small margins. Reducing cross chain friction is really their primary goal.
INTOTHEBLOCK.com among others has some good analytics regarding crypto. 26.85 of the 30k yfi is held in none wallets. Whales make up 17.61 or about 59%_of these 15 wallets only about 10 percent is a non regular active address with the majority regularly making moves. SO 60% controlled by 15 wallets which %90 are regularly active.
Investors or none whales make up 9.24k YFI or about %30. Of those 99 wallets its the opposite here with only 15 wallets of the 99 being regularly active.
The last %10 is in retail trading platforms etcetera. WHALES controle YFI just follow their lead and watch thoze ETH n BTC pairs.
THIS ONE EVEN WITH NO UTILITY IS TURNING INTO A LONG HODL FOR US. The rule of scarcity and hype of taken full control here. These guys dont mind a nudge here or there so pay attention and dont be scared to take profits here. YES the daily is consistent green then red with not a bunch of back n forth but the scalp potential_volitility on YFI is off the charts for mainly the reasons outlined above. Look how wide a range those daily candles cover.
LAST POINT_we have noticed a new RSI etc pattern forming 0n the one day chart and bigger.
_HGM
we would have more for everyone but i just had a kid and the other two contributors our indisposed as well.
BUY THE DIPS THIS WEEK.
DONT SPREAD UR MONEY INTO TO MANY PROJECTS.
keep it simple buy dips take profit and try not to fomo to hard and fuck up all profits from great run then repeat.
we like
CEL
ETH
AAVE
YFI
ADA
ALGO more a long term hodl for us_not super super exciting until a year or two_all though there is a chance she runs dumb hard this month with a serius retrace...
ENJ
MANA
and a few more but pick ur spots...
VET_keeps doing dumb moves that we thought wouldn't come for a few months.
THERE is also 3 or 4 others that we will get into later this week.
Thank you all for the support. We keep it small n free as we share our crypto journey with you ALL. We are somewhat new to this crypto eco system but NOT new to the hustle. WE DO THIS and appreciate the growing momentum this experiment is having and creating.
She needs to confidently break through that 29k range and stay there.
If this happens in next few days or later this week we will see a ridiculous run. REMEMBER wales firmly control this token. ONLY 30k of em and these pools are only getting stronger and more organized. The individuals that HODL are very active day traders and dont play (HASKATRADES@HaskaTrades _Twitter) This is most likely a push to accumulate more market cap. Ie take profits in usd pairs, swing trade and then pump YFI with BTC and ETH pairs on the way back around the block_reestablishing profits thro BTC and ETH etc swing trade profits. This is how these guys trade. The yearn team especially is always looking to push the boundaries on small margins. Reducing cross chain friction is really their primary goal.
INTOTHEBLOCK.com among others has some good analytics regarding crypto. 26.85 of the 30k yfi is held in none wallets. Whales make up 17.61 or about 59%_of these 15 wallets only about 10 percent is a non regular active address with the majority regularly making moves. SO 60% controlled by 15 wallets which %90 are regularly active.
Investors or none whales make up 9.24k YFI or about %30. Of those 99 wallets its the opposite here with only 15 wallets of the 99 being regularly active.
The last %10 is in retail trading platforms etcetera. WHALES controle YFI just follow their lead and watch thoze ETH n BTC pairs.
THIS ONE EVEN WITH NO UTILITY IS TURNING INTO A LONG HODL FOR US. The rule of scarcity and hype of taken full control here. These guys dont mind a nudge here or there so pay attention and dont be scared to take profits here. YES the daily is consistent green then red with not a bunch of back n forth but the scalp potential_volitility on YFI is off the charts for mainly the reasons outlined above. Look how wide a range those daily candles cover.
LAST POINT_we have noticed a new RSI etc pattern forming 0n the one day chart and bigger.
_HGM
we would have more for everyone but i just had a kid and the other two contributors our indisposed as well.
BUY THE DIPS THIS WEEK.
DONT SPREAD UR MONEY INTO TO MANY PROJECTS.
keep it simple buy dips take profit and try not to fomo to hard and fuck up all profits from great run then repeat.
we like
CEL
ETH
AAVE
YFI
ADA
ALGO more a long term hodl for us_not super super exciting until a year or two_all though there is a chance she runs dumb hard this month with a serius retrace...
ENJ
MANA
and a few more but pick ur spots...
VET_keeps doing dumb moves that we thought wouldn't come for a few months.
THERE is also 3 or 4 others that we will get into later this week.
Thank you all for the support. We keep it small n free as we share our crypto journey with you ALL. We are somewhat new to this crypto eco system but NOT new to the hustle. WE DO THIS and appreciate the growing momentum this experiment is having and creating.