Hi guys i see some people suggest short on YFI but they are wrong! Just look at my all YFI analysis they all hit the target I see YFI as bull signal if price reach 15000 after that we can say bearish! so let see what will happen next! entry is 16317 then 25910 enjoy!
YFI after pumping for more than 7k needs a pullback for more growth and everything is going as i expected u can see proofs in my previous post
After hitting second historical support , now positive momentum rised sharply Probably has the enough power to break the descending channel Looking for long entry point . Risk/Reward ~ 1/4
bottom of falling wedge on horizontal support with hidden macd/obv (and bottom bband). enjoy
Yfi/btc show bearish pattern Enter short when break of right shoulder Stop if daily close above the neck of right shoulder T1 = 1.22btc T2= 0.7 btc If you like my idea hit like and show your opinion
💎Technical Analysis Summary💎 BINANCE: YFIBTC -YFI broke bearish after confirming the H&S pattern -It reaches the key level of support today -Buying during a heavy downtrend is a high risk -This is the first touch so it is hard to say it will hold -We need further consolidation and more green candles -Let us wait for a few more days and look for patter...
12200~11200 is strong enough to reverse the trendline and we shall see a good spike after testing that area which is a good opportunity to set up long positions
Price broke down neckline at $20K. Buy Zone: 2K - 11K Keep an eye on this week's price movements, including Bitcoin.
Expecting that this are the best moment to buy YFI for long term effect. ---> YFI BREAKOUT coming. All our before coffee time for YFI hit. YFI increase trend on made # not an advice.
Hey friends hope you are well and welcome the new update on yearn.finance token. On daily chart the priceline of YFI token has formed a perfect Head & Shoulder Pattern and broke down the neckline. The neckline was at $20K. On small time period 4-hour chart the priceline was moving in a perfect uptrend. On 19 Sep the price action has broken down this uptrend-line...
Close above Green 50EMA and we move up.
Take a look at daily candles, as you can see - there is a bullish hammer right at the horizontal resistance support. Impulse Elliott wave completed and this channel looks like it wants to breakout. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Let's see how it goes. Was stopped out on the last one trade. Do not plan to open a new one until $12k (the next support) or above $21k. To be bullish again it needs daily close above $21 at least. On the other hand, considering a small coin supply (this includes locked tokens in yGov, Vaults and other farms) it's kinda hard to predict the next move using TA...
The priceline of yearn.finance ( YFI ) is completing the final leg of bullish Butterfly , the targets as per the Fibonacci sequence of Butterfly are: Potential reversal or buying zone: 1.15570 to 0.32152 btc Fibonacci projection or sell zone: 1.80300 to 3.37288 btc Regards, Atif Akbar (moon333)
Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------
Chart is self explanatory. If it breaks out of the right shoulder and holds a few days, the pattern is invalidated. However if it breaks below the neckline and holds for 1-2 days, we are going to tank to the lower support. RSI is the only potentially positive thing which shows room to the upside, but could still fall through the floor. Not investment advise just...