YFI has been moving to the beat of its own drum these past few weeks. It looks to have bottomed against BTC and is about to have a second coming.
1st target is 68-73k. 2nd target 83-85k. 3rd target 106-108k.
If it succeeds in breaking the resistance range, it can reach the mid-line of bigger channel.
This analysis is valid as long as the price does not exit from channel and exit from it can be considered as stop loss.
Steady upwards growth I love the way this chart looks. We've been holding a bullish trendline since early November of last year, YFI is already 100% through its circulating supply so no more YFI coins will come into existence, total value locked (TVL) is increasing every month, and the Bitcoin dominance is dropping. Also we're about to bullishly divergence on our...
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- DEFI chart is actually very bullish.
- YFI is one of the DEFI coin that is still waiting for massive breakout to the upside.
- On the daily chart we can see an ascending triangle + huge ascending channel.
- Your profit target can be top of the channel or around 50k.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward...
Selby Geometric Extrapolation Structure for YFIUSD yearn.finance
Timeframe: 1 DAY interval
November 2020 - March 2022
Exchange: PHEMEX Perpetual Futures Contract
With 'standard' fibonacci extension levels for multiple new (ATH's) all time highs
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to...
I am trying to upload some of these portfolio charts for you guys. They show my entries, which some of you may be interested in. As you can see, I practice what I preach: I buy the blood. There are just so many charts as I typically trade 30 to 35 coins at one time and I'm constantly either, 1. taking profit or, 2. liquidating positions, or 3. buying into new...