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...
💎Technical Analysis Summary💎
YFI/USDT
-YFI is now retesting support area #1 for the 3rd time
-Technically, this is not good because it tends to become weaker over time
-if the bulls failed to hold this area, expect the price to test the next layer of support at around 20k
-But if buyers will able to sustain at the current price level in the coming days
-A...
YFI bagholder special. I fully expect YFI to outperform ETH this coming Defi summer 2.0. Looking to build a long term position around current price action. Signs of weakness below 20 YFI/ETH (many daily closes) I would look to close and re-enter lower.
