yfi looking terrible at 90% down, buying here could pose a risky but low entry at what was a 90k coin.
if the vpvr poc can be reclaimed at the diagonal resistance then a breakout could be violent and very rewarding if yfi pushes a 3rd wave similar to bitcoin 2021, right up to the 4.18 fibo
Hello traders here is a quick analysis on YFIIUSDT
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Expecting YFIIUSDT to test resistance at $1.280 as long as the falling wedge is confirmed.
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down...
Hello to all members of TradingView and my followers.
YFII has recorded a staggering 50% growth over the past 24 hours. The price of this currency, which has stopped in the support range of $ 288 to 352, has again been accompanied by a good reaction in the second and third encounters. Given that the trend of this currency in the 4-hour time frame is out of the...
Another Scam Dumped By #YFII
Recently #LUNA dumped 100% within 2-3 days and
Now #YFII dumped from $1228 to $318 in a few hours.
( -75% )
What's Going in #crypto MArket..?
This is the message of Bear Market..?
YFI/usdt (yearn.finance) price has found bullish price support and macd momentum in the 1-hour chart.
Entry (long): $21537
Take Profit +6% (exit): $22851
Stop Loss -3% (exit): $20897
Note: need to see a breakout above the descending wedge and price trend change (uptrend) on this hourly chart.
Shorter-term intraday price may pullback before this crypto...
Black Mountain Analytical Team:
yfi 3 possible scenarios
Wait for the price reaction to the area and zone.
We will wait for the price reaction to the Resistance line and the static Resistance range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
TREND LINE-Resistance area
YFII is located in a very important Support / Resistance zone as we see in chart H4.
If we switch to a lower time frame of M15, we see that the price is also at today's Pivot Point.
If this value is broken, we can trade in the Short direction, on the contrary, if this level acts as a support and is confirmed, we can open a Long trade.
Direct entry into the...
A comparison between ETHUSD and YFIUSD
there are some simarilities mostly including structural price formations
The separation between the two includes the 200MA, which is rising in ETHUSD and could act as a support, while on YFIUSD it is descending
Lets see how it plays out
I am long ETH
After the pump in August YFII has been cooling off for the past 3 months consolidating on key level. 200EMA is now getting close to the price creating additional support, and the price is approaching lower trendline of the channel. On lower timeframes we can see that the peaks are getting shorter and shorter which means the price is soon gonna get squeezed between...