YFI is in a correction to $22-23k zone, which is a good buy zone and we can expect a strong rally to $32k, $44k and even $65k in February. 📈BUY -Buy: 22k-23k$. SL B 📉SELL -Sell: 32k-33k$. SL A -Sell: 43k-45k$. SL A -Sell: 65k-67k$. SL A ♻️BACK-UP -Sell: 22k-23k$ if B. SL A -Buy: 16k-17k$. SL B -Buy: 32k-33k$ if A. SL B ❓Details Condition A : "If 1D candle...
YFI has found some good support on the ascending wedge and we seem keen to push higher to $36k. We have some resistance before that is feasible, so let's see if we can pass the dotted diagonal which serves as immediate resistance. Indicators on 4h are looking good to me, therefore short term bias is bullish. ETH and BTC also managed to hold at support and...
Technical analysis regarding the price of YEARN FINANCE in relation of dollar Binance for the next scenarios, based on daily movement. The price has formed a double top chart pattern, already shrinking and is reaching the uptrend line to test it! The price has been moving upward, making funds / upwards, and the 34-period EMA is driving the price. However, the SAR...
I will keep my eyes on the blue line , if it becomes resistance this is a good short signal , if there is going out of bounds up then a good long signal
Debatable if this larger triangle exists, but I believe it is there. PA trying to breakout of it now but currently there is deep bearish divergences. Measured move of the large triangle is 74k.
YFI is in a critical spot in the larger pattern testing the ascending support line and previous top support line. If we fall from here, then we're going much lower. Next support levels are on the chart at $25k and $21k. Unfortunately the daily indicators are not encouraging, both MACD and RSI can fall much more. Unless we get some nice buy pressure soon, I...
Final analysis: The trend will be determined in a few hours. Given that BTC dominance is being maintained, we are probably nearing the end of the market downturn and the uptrend will begin in another hour. In this diagram, three possible trends are identified. Red, green and white arrows
If the candle is closed above bb --> 60,000$ , 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...
Ascending Update - I hope this chart follows Thoroughly checked and checked in all indicators, signs of ascent are evident.
H&S breakout some days back and retest appears to be holding. Idea is to add to longs <30k with orange line defining stop loss. Target $144k. This trade idea is for entertainment purposes only and is not intended as a recommendation to buy.
A few steps were not enough for YFI buyers to test the historical high. After a grueling price consolidation at $30,000 , buyers were able to set a new local high of $39,930. Of course, this is good news. However, after 50 days of consolidation , buyers managed to grow by only 50% . If you look at the dynamics of YFI price growth from November 5 to 19, it...