Looks like YFIBTC is getting ready for another round of growth.
On yesterday's candle, we can see EMA10, EMA21, and EMA50 being tested as support.
Prices fell below to quickly move back up... This is a bullish signal.
Both our main indicators, RSI and MACD, stay on the bullish side as well.
The RSI is above 50.
The MACD above 0.
These signals also point to...
YFIBTC is looking good now on the 4H timeframe... Here we have the classic "W Pattern", which is a bullish formation.
For the YFIBTC altcoin trading pair we have:
Prices moving above EMA10 and EMA21.
Increasing trading volume.
MACD bullish crossover while trending higher (still below zero).
The other altcoins are also starting to...
Just as prices can go almost straight down as we saw from Sept. till' Nov., they can also do straight up, as it is happening now.
YFI Has More To Offer (245%+ Mapped)
YFIBTC is now facing resistance at 1.255 or EMA50.
This is an important level.
Looking at the bearish wave and...
Yesterday we spotted a great setup for YFIBTC... It broke bullish and prices started to increase...
But, what will happen next?
This is the daily timeframe for YFIBTC and we can clearly see the biggest volume bar since Aug. and also the highest volume daily...
Shared a couple of days ago this trade, giving a perfect entrance and first tp almost in hours. The big picture still looks fantastic, price below key resistance, I want to see the price clearly closing and consolidating above both blue box and black line, for a big expansion toward 2btc price.
This is another pair that we hit perfectly... YFIBTC.
On this current chart, you can see a "V bottom" pattern, which is strongly bullish.
Let's start by looking at the previous chart (this is from November 6):
Notice how the YFIBTC, 4H timeframe, price is...
💎Technical Analysis Summary💎
-YFI is starting to break its local key support area
-This is not a good sign in terms of Bullish price action
-If this level breaks down, the next potential minor support is around 1 BTC
-Please manage your risk and user proper stop loss location
A big Thanks for donating 💰 via Tradingview coins this week to ...
Welcome Traders >> We Have Here Opportunity And Direction For $YFI
! Frame : 4H !
! Tools Details On Chart !
♣️ Down Trend Line
♣️ Resistance Area + Key Level
♣️ Volume Area
📚 Vision : Sell 📚
🔷 Take Profit Levels : Green Line
🔷 Stop Lose Levels : Close 4H Candle Above POC Price Line
!! Please Take care Trading Is Very Risk Don't Risk On Any Position !!
Here we have a new altcoin project pair listed on Binance, yearn.finance (YFI).
yearn.finance (YFI) Project Overview
The yearn.finance ecosystem consists of the following products
yearn.finance - Profit switching lender to optimize lending yields (live).
ytrade.finance - Leveraged stable coin trades (testnet).
yliquidate.finance - 0 capital automated...
$YFI Hamster back at it (I'm still skeptical about Alts, but my bot is not)
Took another entry as held above ~1.05btc
Currently ~7% up while 25% up from UCTS 1D buy signal
Let see how it evolves over the next hours/days but looking for 1.33BTC level