NoFomoCharts

YFI/usdt (yearn.finance) - Bullish Support & Momentum -1 Hour

Long
BINANCE:YFIUSDT   YFI / TetherUS
YFI /usdt (yearn.finance) price has found bullish price support and macd momentum in the 1-hour chart.

Entry (long): $21537
Take Profit +6% (exit): $22851
Stop Loss -3% (exit): $20897


Note: need to see a breakout above the descending wedge and price trend change (uptrend) on this hourly chart.
Shorter-term intraday price may pullback before this crypto eventually rallies.

YFI /usdt has less liquidity than other cryptos and more volatility .
Utilize stop loss, position sizing, risk management.


All content is Not financial advice. Trade at your own risk.
Comment: 04/08/2022: YFI/usdt nearing 0.618 Fibonacci support on 1-hour chart.

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