◳◱ Hey traders, we've identified a Resistance Breakout on the $YFI / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.3241 | 0.343 | 0.3753 and the major support zones are respectively at 0.2918 | 0.2784 | 0.2461. It is a bullish indication...
YFI is attempting to break out of its weekly channel for the 2nd time, last time it failed but has since kept pushing on it.
Let's see if we get an actual breakout this time. First need to see it get and hold above the 200 day EMA, then targets come into play.
Otherwise lose the top of the channel and it may either push for a 3rd attempt, or it could swing...
Currently this red trendline is dominant and should be considered when looking at this chart, as the dominant trend is down.
Ill give it a shot at picking the bottom though. A higher low and subsequent double bottom is a good candidate for a potential reversal
The ABCD pattern shows my thought process when looking at this chart structure
If price breaks down when...
waiting for yearn finance to blow the roof off with yfi token
only 36,666 tokens available
very good R:R from the lows
when defi takes off again this will burst out atmosphere
veyfi coming soon to stake yfi and earn rewards on,
can stake yfi at the moment for curve rewards
Hi dear friends, hope you are well and welcome to the new trade setup of yearn.finance ( YFI ) with US BTC pair.
Now on a 4-hr time frame, YI is completing the final leg of a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Take a look at YFI. We have a great setup on the daily here after that bearish breakdown in June. YFI not only broke above the long-term downtrend in blue, but it's flagging above support. I love this setup for continuation to the upside. I'm long here.
Buy Zone: $18,224.66 - $18,500
Sell Zone: $19,200+
Stop Loss: $18,000
YFI continues to trend downhill overall in bearish momentum. Zoom out on the charts and take a look at YFI's more stable up and down wave patterns- this is what we hope to take advantage of.
As of 11 April, we have been trending upwards in the short-term, however, that can change quickly, and...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
YFI/BTC, Daily time frame
As a consequence of leaving the red resistance line behind, the price has achieved a further rise. The chart shows a support area which can lift the price even higher. Contrarily, in case of an establishment below this support line, a decline to the lower support area is...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price was supported at the support zone and now it can move down to the support zone and then break the resistance line and move up. If the support is broken, it will see lower prices.
Warning: This is just a suggestion and we do not guarantee profits. We advise...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
we are in the 4-hour time frame. There is the the R2 line which supported the price two times but was broken on the third try. Now it has fallen down to the S1 zone. There is the R1 line which has rejected the price several times. Now it is ranging on the R1 line. There are two scenarios. One is...
Check out my other post for shorter timeframe analysis. ve(3,3) speculation .. Cronje making moves with KP3R and SOLID? .. asset classes in cypto are usually correlated.. YFI has been lagging while KP3R screams.. about to breakout from long term resistance.. target 4 BTC?!
If you really want to have your mind blown, check out the YFI/ETH chart.. previous ATH...
Been making higher highs and higher lows.. lagging the rest of defi as the monthly narrative following the BTC correction to 40k has shifted to FTM, Spookyswap ($BOO), KP3R which outperformed most (see previous charts), and Andre Conje's new ve(3,3) model which he's implementing on SOLID? and KP3R this week.
Follow The Cronje.
If Conje is implementing ve(3,3) on...
![YFIBTC: $YFI/#BTC [#yearn.finance]: Resistance_Breakout](https://s3.tradingview.com/q/Q9ASUl1Q_mid.png "$YFI/#BTC [#yearn.finance]: Resistance_Breakout")
