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In this analysis, I'll be explaining the speculative nature of the alt-coin market, exemplified by the defi hype.
- It's extremely difficult, almost impossible to apply technical analysis to the newly...
The Data shows that its possible that YFI can crash to 16K
Trade only if you have count 100% the risk. DEFI are to risky.
Depending on our new coffee time, the new big long term trend could be 16K!
Not an advice, the chart can go all sides, but depending on the coffee time we have last time all updates right, let see or this also will be...
YFI is still in 2H uptrend, so is 4H on 50 and 200EMA's .
This coin has recently broken out of the downtrend channel and from triangle formation that has broken to the upside.
Currently the price is strong resistance area, from which it should be a free ride up.
Buy the break of $26.680 or enter in the 15 min flag that the price is currently...
-The bearish double top pattern is confirmed after the break of the neckline
-The downside target is around 1.4BTC or mover than a -30% decline
-Be careful as the market is not yet ready to settle down
-If you are interested adding positions to your midterm trade Altcoins
-Find the major support area and the confluence of previous support &...
We Updated About this pair few hours ago. In that we told that BTC is at a strong Support level. And that has maximum Chances to go up.
But after few Hours it has crossed the main Trend . And it can Target 9000 to 8500 Price level. After this Small Retesting.
yearn.finance is a Decentralized Finance (DeFi) platform which aims to build products on aggregated liquidity provision , leveraged trading, automated marketing making, and more.
The YFI token is the native utility token in the yearn.finance platform. Users can earn it by contributing liquidity to yearn.finance's aggregated liquidity pool, or ypool, and use the...
⚠️ The YFI bulls keep pushing the price up. As crazy as it sounds, $50k YFI is clearly on the table at this rate. On the one hand, you have the use-case that Yearn makes yield farming easy. On the other hand, you have the YFI mania. Put the use case, bullish chart, and FOMO together and what do you get? We think you get another leg up to at least $50k.
YFI is still likely to increase strongly in the last days of August. The target is the 2.1 BTC zone
We might consider buying YFI as close to 1.45 BTC as possible.
However, if the lower edge of this Rising Wedge pattern breaks, then you need to sell YFI immediately as it will quickly return to the 0.7 BTC zone and we will buy YFI back in this zone.
Trade signal :...
Here we have a new altcoin project pair listed on Binance, yearn.finance (YFI).
yearn.finance (YFI) Project Overview
The yearn.finance ecosystem consists of the following products
yearn.finance - Profit switching lender to optimize lending yields (live).
ytrade.finance - Leveraged stable coin trades (testnet).
yliquidate.finance - 0 capital automated...
-This coin is painting a Bearish RSI divergence on the 4H time period
-Also, it got rejected by the previous resistance top at around 16000 range
-We can see the price is starting to build a consolidation range
-I do not recommend to buy at current market price expecting the price will go up
-It is not safe to buy inside a consolidation phase...