I just shared for you the targets for YFIBTC (visit my profile). This time, we are going to be looking at YFIIBTC. We have multiple bullish signals developing as I write this and momentum building up. The targets are the blue and orange dotted lines as well as the magenta dashed-lines as main targets. This is not financial advice. Thanks a lot for your...
Falling wedge pattern confirmed + Inverse H&S pattern confirmed
Keep an eye on YFII in the next couple of days. I'm bullish. Good luck! :) What are your thoughts?
On 4h timeframe we see a very clear falling wedge pattern on the chart. Also nice confluence with 4h demand zone. Price should bounce from here. If falling wedge pattern seems legit (we break the pattern to the upside) we shall make a new higher high.
To start, YFII is in my opinion an unreliable scam. That being said, so is OMG and OMG paid out quite nicely and YFII appears to be following a similar pattern so it is worth watching.
Inverted Head and Shoulders pattern is a high probability chart pattern
BINANCE: YFIIBTC -YFII is following a strong uptrend after breaking the 0.555 resistance -If we will see a small correction in the next day -Previous resistance must hold to continue a strong rally up to 0.826 -Or consolidate above the green line and let the 12MA/20MA to catch up -The RSI is above 70 so might expect a little cooldown -Follow risk management and...
YFII is reaching a crucial point. We're reaching the end of a pennant triangle + huge down trend line since Binance listing. Watchout for YFII! :) What are your thoughts?
If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I'll be explaining the speculative nature of the alt-coin market, exemplified by the defi hype. Analysis - 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! Trade safe! 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...
TAKE LONG AT SUPPORT LEVEL . TRADE LINE BREAKOUT DONE & 37500 IS GOOD SUPPORT