CryptoStation

✳️Yearn.Finance/USDT Analysis (14/12) #YFI $YFI

Long
CryptoStation Updated   
BINANCE:YFIUSDT   YFI / TetherUS
YFI is still fluctuating in a wide range of 20000-30000$ and has yet to determine its next trend.
It is still too early for YFI to initiate a downtrend because the November's rally is so strong that it will easily continue this December. Just surpassing the 28000-29000$ zone, YFI can completely increase to 40000$.
However, one thing we need to keep in mind is that the volume of YFI when oscillating at this top zone is decreasing and could form a Diamond pattern if YFI loses the 24000-25000$ zone, and it will fall to 18000$ zone.

📈BUY- LONG
-Buy: 24000-25000$. SL B

📉SELL-SHORT
-Sell: 28000-29000$. SL A
-Sell: 38000-40000$. SL A

♻️BACK-UP
-Sell: 24000-25000$ if B. SL A
-Buy: 18000-19000$. SL B

❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Comment:
✅RESULT
👉14% PROFIT with spot
👉70% PROFIT with 5x leverage
👉140% PROFIT with 10x leverage

📈BUY
-Buy: 24000-25000$. SL B👉✅14% PROFIT
Trade closed: target reached:
💚#YFI $YFI (14/12) couldn't surpass 28k$ and dumped to 18k$ as my prediction.

✅RESULT
👉14% PROFIT with spot
👉70% PROFIT with 5x
👉140% PROFIT with 10x

📈BUY
-Buy: 24k-25k$. SL B👉✅14% PROFIT

📉SELL
-Sell: 28k-29k$. SL A👉✅36% PROFIT

♻️BACK-UP
-Sell: 24k-25k$ if B. SL A👉❌CANCELLED
-Buy: 18k-19k$. SL B👉✅37% PROFIT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.