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Upwardtrend

YFI's Grand up-trend to continue? or are bubbles popping?YFI , Yearn Finance's governance token, saw a meteoric rise to $40k+ in August. This unheard of rise left many people scratching their heads in disbelief (and no doubt deeply regretting not picking up the token for $3-4k when it was fresh off the presses). I'm sure most of us expected a massive drop or an exit scam, but here we sit, weeks later; and YFIUSDT is still almost three times the price of BTCUSDT. So what does the future hold for YFI? --- At the moment on the 4H charts it's trading in a downward triangle . This pattern can go either way, as we've seen in the past with YFI the previous breakout followed a downward channel. It's good to buy the breakout in situations like this. If we pull out a little further, we can see what seems to be an upward channel that stretches back to the intial listing of YFIUSDT on Binance until the present time.Now would seem to be the very bottom of the overall trend channel. Interesting to note, the previous breakout happened immediately following YFI dropping below it's MA 100 and recovering, showing this may be a strong trend line. At the moment, YFI is trading below it's MA 100 by a significant margin for the first time ever really. Historically, we would normally take this as a strong sign a reversal is imminent. But we don't have much history to really pull from here so I'm going to need good confirmation of a breakout. Plus the market is looking like a dogs breakfast right now across the board. BUYING IN? I feel like I wanted to find a reason not to buy in to YFI, and while the RSI and MACD are by no means promising, they weren't really on the last reversal either. Meanwhile, the clear historical upward channel, and the first major drop below MA 100, leads me to be skeptical of my skepticism. I'd wait to see a reversal out of the downward triangle, back towards MA 100 level around $30k to make a definitive move. Potential upwards from MA 100 to previous ATH is 40%. If the historical upwards channel continues it could be closer to 50% gains. Potential to break down 30% from where it's at to previous resistance. Even more if the DeFi bubble decides to burst, putting a decided end to the upwards channel. WAIT FOR THE BREAK!! I'm a simple guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. Feedback, criticism and crude humor are welcome :)
by cryptosince1963
ETHUSD - The bulls finally arrived?In my last ETHUSD analysis I emphasized the importance of a closure above the U$ 176 to resume its bullish trend. Now, with a breakout of yesterday’s high (a harami cross) we see the bulls gaining strength. The candles are above the 21 ema, also above the upward trendline (purple line), and if closes above U$ 176 will confirm the long setup. The main target here is U$ 253, but we should be aware of U$ 213 region, because it is a fib retracement and served as a bottom in the past (pink rectangle).
COINBASE:ETHUSDLong
by Nathan_The_Finance_Hydra
#CELR : Once Again In Good Shape For Upto 72% Profits.#CELR_Update Pair : #CELR (12-15 days hold) #Fundamental - Because CELR launching it's Mainnet on July 8th. Note -After our VIP call around 200 sats CELR is now showing a good reversal move once again and in a good and bullish trend for now. Upto 30% to 50% price spike is expected before the launch event. #Accumulation_Zone : 200 sats - 208 sats Distribution_Zone: Target 1 : 225 sats Target 2 : 237 sats Target 3 : 259 sats Target 4 : 277 sats Target 5 : 290 sats Target 6 : 331 sats STOPLOSS : 167 sats Risk : Medium Capital Accumulation : 5% Distribution Note : The zone between 250 sats and 270 sats is where to grab upto 2/3rd profits on CELR hold trade. In addition holding at least 20% Stock till prior date of Mainnet Event is a fair risk distribition strategy.
CLong
by cryptotalk_et
1
Don't need to say much more it's very clear, so I'm just going to tell you a story.. Long ago, there lived an old man with his three sons in a deserted village, located in the vicinity of a desert. He had 17 camels, and they were the main source of his income. He used to rent out camels as a means of shipping in the desert. One day, he passed away. He had left a will, leaving his assets for his three sons. After the funeral and the other obligations were over, the three sons read the will. While their father had divided all the property he had into three equal parts, he had divided the 17 camels in a different way. They were not shared equally among the three as ‘17’ is an odd number and a prime number, which cannot be divided. The old man had stated that the eldest son will own half of the 17 camels, the middle one will get one third of the 17 camels, and the youngest one will get his share of camels as one ninth! All of them were stunned to read the will and questioned each other how to divide the 17 camels as mentioned in the will. It is not possible to divide 17 camels and give half of the 17 camels to the eldest one. It is not possible also to divide the camels for the other two sons. They spent several days thinking of ways to divide the camels as mentioned in the will, but none could find the answer. They finally took the issue to the wise man in their village. The wise man heard the problem and instantly found a solution. He asked them to bring all the 17 camels to him. The sons brought the camels to the wise man’s place. The wise man added a camel owned by him and made the total number of camels 18. Now, he asked the first son to read the will. As per the will, the eldest son got half the camels, which now counted to 18 / 2 = 9 camels! The eldest one got 9 camels as his share. The remaining camels were 9. The wise man asked the second son to read the will. He was assigned 1 / 3 of the total camels. It came to 18 / 3 = 6 camels. The second son got 6 camels as his share. Total number of camels shared by the elder sons – 9 + 6 = 15 camels. The third son read out his share of camels: 1 / 9th of the total number of camels – 18 / 9 = 2 camels. The youngest one got 2 camels as his share. Totally there were 9 + 6 + 2 camels shared by the brothers, which counted to 17 camels. Now, the one camel added by the wise man was taken back. The wise man solved this problem smartly with his intelligence.
Long
by Microwave
7
Possible Elliot Triple Combo formation occurance on USD/DKKAs you can see in the 1 hr timeframe, you'll see a downward trend emerging in a WXYXZ pattern with the Z hopefully play part in the formation. Also drawn on the chart was a green support zone which indicates the market moving to the uptrend as the previous candles are touching this support line approximately 4-5 times. This gives me enough indication that the market will hit to the upward and rally on until it hits the Z formation of the pattern and begins to downtrend to continue on the pattern merged previously. SL and Take Profits are all listed.
Long
by chiefcapitalfx