Take a look. We may be forming a possible H&S as Simon said The short position will only be indicated if we drop below that level and starts an accumulation pattern The first target will be the 0.382 Fibonacci retracement level
It has hit the bearish points I am watching. It would need to break the neckline with uptick in volume to confirm the head and shoulders reversal pattern. Make sure to check the linked post for my original targets. Thanks for reading and good luck trading! This is not financial advice.
Watching this one closely. A short might just be in store soon. There is a head and shoulders forming on the BINANCE:YFIUSDT charts and it would be a rude decline if it completes. I have the levels I'm watching for all marked out on the chart. Bearish in red and Bullish in green. Bearish- $23550; $22110; $20771; $15374; $3988 Bullish- $26196; $25001 Enjoy...
After ~$32k rejection price is looking for support, the closest one is near $20k level. Idea to catch some knives near $19k - $20k area, although it can be tested for the third time, I still think it's a good idea. Hit the "LIKE" button and follow to support, thank you! Information is just for educational purposes, never financial advice. Always do your own...
💎Technical Analysis Summary💎 BINANCE: YFIBTC -YFI unable to break the 3 BTC resistance area -It is now going back to a previous key area of support -With this, we can see a potential Bearish H&S pattern -If you are looking to play Short position -I recommend to Sell once the key support failed -The downside target is 1.4s BTC...
Pretty obvious setup here. I see this continuing downwards unless of course a alt rally happens (which it probably will here soon) so tread carefully. either way HnS is bearish I would not enter.
Briefly about the situation . Now the market draws a classic Head and shoulsedr reversal figure on a large time frame. The base is $21,000. After breaking the base = the target is below $13,000. Alternative scenario. If the price rises above $37,300, then it will be necessary to look for a new working pattern on the chart. Fundamental side of the coin. The...
YFI - Yearn looks to increase Depending on new trend study : YFI looks to increase Have good time all (:
when bitcoin's dominance is moving up fast and we have a bearish market it isn't seems right to analysis altcoins like this one but anyway i tried to find out what will happen to yfi for practice..i have two scenario according to bitcoin's move, if BTC continue correction i expect RED ARROW's path so it will support on 16800 and if btc stop correction i will wait...
EURUSD Is respecting our Analysis from last few days. Now we are currently holding this sell Position. Now I want to discuss about it why we are selling this. When market closed it price was 1.62 that is below than 0.3 fib level. Now it will touch Price level 1.55 than it will touch Price level 1.50. When Market will Open I will Update Further With Proper...
After giving an impressive rally in the last couple of days, it looks like, YFI may do a bearish retest on the larger timeframe. I took a small scalp and sold for a 4% gain today, but currently, I'm laddering my shorts till the 32k zone. Though market is choppy, and anything can happen, it is always better to play with proper position sizing and risk management!...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You need to make sure you can get support at point 31836.97320. If it falls, we need to make sure it is supported at 27324.97824. If you...
The current situation: 1. On the 12HR chart, price action has formed an inverse head and shoulders with a measured target of 33K USD. Currently, it is at about 30.3K and price action has formed an ascending triangle with a measured target of almost 33K as well. The 0.5 Fib level is currently seen as resistance as there is no other major moving averages above the...
YFIUSDT breakout of retractment on 45 min... POC bullish
Hy Dear Team, hope you are are enjoying Good Profit By following Our Ideas and Prediction. If you have any query Ask in. Comment section. Now today we are Going to Discuss about YFIIUSD Pair. YFII is moving according our Analysis. This is very good For long term Investment very soon it will touch 100k$+. Hope you all can UnderStand where Price can Move...
breakout!! first target=30500 right at the 0.618 fibonacci retracement level dont forget stop loss
YFI is currently sitting in ascending triangle bullish formation. I am bullish on BTC, as you can see in my yesterday analysis My goal is TP3, but I will keep you updated. This should go well as ussual! Tibor