We see a rising channel trendline clearly playing out against the falling trendline
YFI BTC closing into a wedge to break to the upside
YFI BTC - not much movement between support and Resistance - showing good bullish engulfing candles though
YFI usdt to down to low 27k 1d support levels
Yearn.finance is looking bullish again, let's scalp the break-out! Current Price= 29695.6 Buy Entry= 29702.4 - 29340.2 Take Profit= 31037.9 | 32369.3 | 34772.9 Stop Loss= 27964.7 Risk/Reward= 1:1 | 1:1.87 | 1:3.43 Expected Profit= +10.42% | +19.44% | +35.74% Possible Loss= -10.42% Fib. Retracement= 0.5 | 0.786 | 1.272 Margin Leverage= 2x Estimated Gain-time= 120h
Technical analysis regarding the price of YEARN FINANCE in relation of dollar Binance for the next scenarios, based on daily movement. The price has formed a double top chart pattern, already shrinking and is reaching the uptrend line to test it! The price has been moving upward, making funds / upwards, and the 34-period EMA is driving the price. However, the SAR...
YFI BTC will be wedged between supports and 1h resistance levels
YFI usdt to pull down to 1 day support level
YFI BTC to push back to 4h Resistance level
YFI BTC wedge to form to pull down to lower resistance levels
YFI usdt to climb back to 1 day Resistance