Yfi/USDT - Exiting the Triangle - Where Will the Price Go?
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Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am...
YFI / BTC
Movement detected last few days and strong volume start to enter
Here Against BTC pair we are in potenial bottom for next bullish wave
Green area should hold to remain Bullish (0.66)
Make sure you have your own analysis before any trade ...best wishes 🙏
Hello dear friends.
Congratulations to everyone again who took advantage of this trade.
Thank you for following me.
I ask everyone - observe risk management, money management, do not overstate the lot in the position. Trade with stop loss and be smart about your trade.
I am also mistaken, but I am mistaken, and one bad recommendation leads to big loss - if...
If the candle is closed above bb --> 60,000$ , the upward trend will continue and it can be achieved in 4 models with different colors.
If the candle is closed above 60,000 bb, the upward trend will continue and it can be achieved in 4 models with different colors.
The chart is a bit confusing but it will be a climb in summary, you can check and analyze the trend...
YFI / USDT on left side
YFI / BTC on right side
🌟 QUICK ANALYSIS 🌟
PRICE is showing bull flag with both btc and usdt pairs
If the Breakout upward happened targets 26k-30k usdt
Or around 1.6 BTC
If break down happened targets 18k-16k usdt
Or around 1.2 BTC
I hope BTC keep stable here and didnt drop hard then
The possibility of breaking upward will be the on...
In the chart we can see Big bounce from the support zone, I believe it could stay above 20,000.
YFI/USDT currently trading at $23500
LONG ENTRY: After The Descending Channel Breakout
STOP LOSS ( support): I will update once Descending channel Breakout
Resistance level 1(Target) : $34000
Resistance Level 2(Target): $44000
Max Leverage: 5X
ALWAYS KEEP STOP...
YFI / USDT
Clear symmetrical traingle formation or flag on 4h frame chart
Breakout of this pattern is extremely bullish
Wait patiently for the break of upper trendline before buy
or buy on the retest
Another thing..the price is above 200 ema which is also bullish and should hold to remain bullish
Good luck and happy trading 🌹
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As You See YFI is Heading down to it's Original Listing Support Level, and there 2 things that will happen.
1. YFI will Bounce and Will Head Up to 13000 But Might Fall After. ( 60% )
2. YFI will Break Support and Might Go Up a Lil Bit and Continues to Fall. ( 40% )
2 Things To Do
Buy When Price Bounce From Support and SL 7 - 20% ( Use 1-5% of Balance )