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YFI

YFI/USDT analysisWhat Is 🌟Yearn.Finance (YFI)🌟? Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming. Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders. Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI. ❇️Who Are the Founders of Yearn.Finance? Yearn.finance is the brainchild of Andre Cronje. After leaving the iEarn project in February 2020, Cronje returned to oversee a rebirth, with new tools emerging and YFI going live in July. ❇️What Makes Yearn.Finance Unique? Yearn.finance set out to simplify DeFi investment and activities such as yield farming for the broader investor sector. The platform makes use of various bespoke tools to act as an aggregator for DeFi protocols such as Curve, Compound and Aave, bringing those who stake cryptocurrency the highest possible yield. New features continue to be rolled out, these aiming, among other things, to help preserve the long-term value of the platform. Yearn.finance makes a profit by charging withdrawal fees, currently 0.5% at the end of September 2020, as well as 5% gas subsidization fees. Due to its governance model, these can technically be changed by consensus at any time. The target market for yearn.finance is investors who do not have the time to study the increasingly complex DeFi phenomenon from scratch, or who wish to optimize their returns. By Confirming the math, Yearn Finance has a maximum supply of 30,000 YFI compared to Bitcoin's 21 Million. Therefore, YFI is very much scarcer than Bitcoin by a factor of 700 ------------------------------------------------------------------------------------------------------------------- ✅TECHNICAL ANALYSIS As we can see in the weekly timeframe logarithmic chart for yfi , The current price roam about 36,700 $, We can draw two channels to keep the price in the range. It is likely to hit the bottom of the current channel and be pumped upwards, or even the lower channel, which can be considered as a stronger support. It will react. The green areas also act as support that can be supported if the price exits the channel. Price targets of 80-90K are considered.However the next goal can be achieved if the DeFi market flourishes again. Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, because Because this crazy market also depends on the odds and there is no certainty. reference:coinmarketcap -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades 👍plz hit that damn like button if you like it
Long
by PRO_SMART_Trader
🆓Yearn.Finance/USDT Analysis (11/3) #YFI $YFIYFI is still in accumulation phase and has not pumped strong yet so at the moment, YFI is still very promising. The 35000$ zone is a good support, which YFI has conquered 4 days ago and a rally may start over there. The expected target for YFI in this March is 45000$ zone and 65000$ or 95000$ zone in April 📅EVENTS 👉Mar 17 : BitMEX Listing 📈BUY -Buy: 34k-36k$. SL if B 📉SELL -Sell: 44k-46k$. SL if A -Sell: 64k-66k$. SL if A -Sell: 93k-97k$. SL if A ♻️BACK-UP -Sell: 34k-36k$ if B. SL A -Buy: 24k-26k$. SL B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
🔥 YFI Massive Bullish TriangleYFI has produced a massive bullish triangle over the course of a few months, which has started at its inception. This trade is based on a break-out of this triangle. Before entering this trade wait for the price to touch the Entry line. Higher time frames yield a higher predictive power. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
24
USDT LOOKS TO INCREASE 15% depending on Bitcoin DUMP - ITS....Hello friends, Depending on usdt , we can see in short term a increase at last of 15% on usdt trend. It seems USDT about to get some trends back on market. this means automaticly that BTC price will dump. What means this? That our expecting study match also with this BTC expecting depending on data. for bitcoin a breakdown trend expecting, as usdt will increase. Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
1
SKALE FROM 0,30 to 1 usd! --> Skale chains on way Its time! NO1Hello traders, Developers will start paying cost for using Skale chains. Then they can deploy games, DeFi, social media apps etc to there this will be ready into this week with max next week. Expecting long term trend from 0,19 to 1 usd + trend. WATCHTREND NO 1 token at this moment We expecting soon the first breakout to 0,60 from there a follow to 1 usd trend. The CC supply will allow this, as its very low Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
12
Litecoin (LTC) READY TO CONFIRM 200 USD ZONE - GREAT TARGET!Hello traders This update depending on LTC - expecting increase to 200 usd area Stop limit: 170 usd. # there are some trends make us expecting that LTC can break the 200 usd area again. Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
3
EXACTLY OUR LONG TERM GOLD TARGET HIT AT 53320, what is NEXT??Hello friends, And we can say that our exactly target are hitting !! And as you know we follow the market 24/7 , Great news for those did hold btc until this taregt! and we did add in our before charts about the long to this target. What is next? we should confirm the trend, and there is possible a new trend fo r breakdown to 44 area at long term , if we hit some lines not, we can breakdown huge What means this exactly? That we did hit our before target, and that we possible will entery new breakdown trend - its still not confirmed, but we will come with a confirmation trend, as we should follow the markets. # For us its no issu if bitcoin breakdown or breakout, we choice the right side with our trends. Know that 80% of our updates are right! we follow the market, the data and trends This is not mean there will be a sell off, but its our possible next target, we will confirm it later with you all Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
BITSTAMP:BTCUSDShort
by watchtrend
8
SKALE NETWORK (SKL) EXPECTING GREAT INCREASE TREND - Golden one!Hello friends, Skale can show in short term a great increase trend, and depending on more trends expecting that this coin will increase. Long term target 1 usd possible. Depending on data breakout are not far. For now we looking for target 0.60, wich i expect very possible next time. - Read more about the SKL Network Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
1
SKL SKALE NETWORK - BREAKOUT TO 0.40 Looks in made - BREAKOUT!Hello Traders, I hope you have a great weekend. SKALE NETWORK - looks to have a breakout in short term to 0,40+ ( long term more possible) This depending on TA and Trends. stoplimit: 0,23 - as long we stay above this trend a possible breakout above 0,40 - with long term target 1 usd. Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
Just sharing my point of view on that head and shouldersBTC could easily correct to the bottom of the channel this month, S&P is falling, BTC lost a lot of volume since the beginning of March, and now we have an ugly head and shoulders on the 1 hour, that could led BTC to break the triangle downwards, if we break the triangle downwards we could visit the 30k at the bottom of the channel. Alts will move accordingly with BTC and I am analyzing all the alts that I am interested to invest long term if BTC tells me to do so. This is my list: BTC , ETH, ADA, LINK, DOT, BAND, SUSHI, UNI , YFI , AAVE, SXN, ATOM, COS, 1INCH, CAKE E LUNA
BITSTAMP:BTCUSD
by ViniciusBaccelli
1
POSSIBLE BREAKOUT SKL Healthcare Blockchain Platform 1 USD TARGEHello friends, on side of altcoins -- > Healthcare Blockchain Platform (SKL) looks to have a breakout depending on trends and TA Long term target : 1 usd possible! For day trade: interesting to see first 0.40 before further increase trend. Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
2
Just my short term ideaBTC could be forming a small head and shoulders patter before breaking that triangle and correct more. If BTC breaks the triangle it could also easily break the 58k and go to 64-70k don´t get wrecked, this month is a month to trade wisely, being prepared for an eventual bigger correction. Alts will move accordingly with BTC and I am analyzing all the alts that I am interested to invest long term if BTC tells me to do so. This is my list: BTC , ETH, ADA, LINK, DOT, BAND, SUSHI, UNI , YFI , AAVE, SXN, ATOM, COS, 1INCH, CAKE E LUNA I appreciate every like and comment, I would also like to check others opinion.
BITSTAMP:BTCUSD
by ViniciusBaccelli
2