Yearn.finance freefalls to $21,455 after support at $28,000 failed to hold.
YFI turns bullish bringing into the picture the impact of a double-bottom pattern.
Yearn.finance is bleeding, just like many other cryptocurrencies in the market on Tuesday. A bearish wave on Monday swept across the market, further increasing the sell signals that have continued to...
I finally looked into this defi craze to see what the heck is so special.
So apparently some fatbody neckbeards came up with a scam.
And would you believe it, stupid poor people are pouring their money into it.
This is how it works:
Smart contracts on ETH are enabling "decentralized" exchanges to airdrop new coins to people that loan the exchange real coins.
YI or Yearn.finance has recently run up to knew highs. After yesterdays run, as expected there was a pull back.
Setting both higher highs and lower lows. YI is showing both Technical Indicators along with Financial Analysis
continue positive with more money locked in yearn's DeFi protocol shows we should see a continued up trend in
the near future. Further...
I won't buy YFI unless we get a pull back to 20k.
Even still....the total circulation is very low, so it doesn't take as much to move it around in price.
I wish i bought YFI at 6k.
This game is all about lessons and learning and you aren't earning, and thats just how this works.
This is not Financial Advise.
I am not a financial advisor and the chart presented should not be taken as financial advise.
Breaking a out of the descending pattern bouncing off a Strong Support Line, we have 3 Targets ahead. T1 may see some week resistance. Expect a bounce or 2 before moving on the T2. This level must be watched carefully as this is a potential...