YFI Elliott wave countYFI possibly finishing wave 4 here. this count will still be valid if it dips further, unless it dips below wave 2. since it has already dipped below wave 1 this can only be considered a leading diagonal, otherwise the count is invalid.
if this plays out as a leading diagonal, then the top of this cycle can easily be located when near the trendline resistance that connects the tops of wave 1,3 and 5
on of the possible Top locations would be around the 1.618 fib level from the 4th wave which places it around 140k
the current indicated waves can be confirmed by the MTF Wave stoch RSI (2nd indicator from top) on different timeframes...
YFIUSDT
$YFIUSDT - Long only above $51KHello everyone.
There is a similar inverted head and shoulders looking pattern being formed on most of the altcions.
Since there is no confirmation, I highly recommend you not to buy or go long especially with leverage.
Yearn Finance is in a descending channel, probably a bullish flag though lacks some momentum, breakout is needed for the confirmation of the short-term bull run.
YFI BUY When Breakout ConfirmedYFI BUY When a breakout is confirmed
Signal: Blue -> Green, Red -> Green
YFI, yearn.finance, YFIUSD, YFIUSDT, YFIUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
YFIUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has met with good support and has started to move upwards. We expect a slight fall and it can move upwards like a chart, but there is a resistance that we have specified for you and if the line breaks, we can enter the trade.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
YFIUSDT H16: BEST Level to BUY/HOLD 100%+ gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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-15+ years experience in markets
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-Frequent updates
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YFIUSDT H16: BEST Level to BUY/HOLD 100%+ gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: YFIUSD D1 chart review
::: updated/revised outlook
::: strong chart and we got
::: a sequence of higher lows
::: which is a bullish sign
::: buying low still makes sense
::: chart looks good /strong
::: bullish accumulation pattern
::: inside ellipse structure
::: expecting short-term pullback
::: BULLS BUY any pullback/dips
::: TP bulls +100%+ gains
::: BULLS get ready to BUY after pullback
::: TP bulls is +100%+ gains later
::: expecting a run up until +100%
::: FINAL TP is 100 000 USD
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW near 46 000 USD
::: TP BULLS +100% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
YFIUSDT $1,00,000 Soon!YFIUSDTUSDT(Day CHART) Technical Analysis Update
Resistance becomes support
YFI/USDT currently trading at $67,000
Buy-level: $62,000 - $67,000
Stop loss: Below $52,000
Target 1: $75,000
Target 2: $81,000
Target 3: $90,000
Target 4: $1,00,000
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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