Golden Cross on #YFI 3-days timeframe. It is trying to break the trend line and the Ichimoku cloud. If it happens, price can be doubled easily. I'm bullish on it. Targets are:
$10768
$12083
$13398
$15271
$17656
$24544
Make purchases gradually from here, the pump for YFI will start soon.
this is a bigger time with a pretty big target. You should be prepared for all the risks.
#Dyor & #NFA
my entry on this trade idea is taken from a point of interest BELOW an inducement (marked as xxxx).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. same idea Ive always been using.. just a trade idea, not financial advise
SUBSTRUCTURE SO RISK IS HIGHER.. TRADE YOUR PLAN!
FWB:25K ...
If price consolidate Above around $7500. we are going to long from there for recent high will be our target.
Don't jump in once price get there, your observation is required when price get there.
YFIU after the pullback will continue to go up
🔵Entry Zone 8044 - 8340
🔴SL 7746
🟢TP1 9208
🟢TP2 10515
🟢TP3 12478
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In time H4, it is moving in a descending channel. If the red box does not break upwards, the demand range will be retested. If the red box is broken, it will have the ability to grow up to the green bar.
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I understand that too much explanation is not needed because this right here is a classic, the chart is pretty clear, but let me add just one tidbit of thinking...
➖ YFIUSDT peaked mid-November 2023 while Bitcoin peaked mid-January 2024.
➖ YFIUSDT can move out of sync with Bitcoin, with the current market situation this can be good for this pair.
When Bitcoin...
YFIUSDT breached a critical downtrend trendline and has successfully retested it. We anticipate the price to progress upwards toward our predetermined objectives.
The designated stop-loss region is crucial and should be closely watched. Moreso, the provided accumulation and buy back zone is a good area for buy opportunity.
I would value your perspective on this...
I already long YFI from 8052, forgot to share my idea.
if its pullback you could set alarm around there and once price get there you could long that.
high probability is 9k.
YFI has retraced 75% of the value it gained with the impulse up, just to come back down to a key support level and form this great double bottom.
Price falling below the stop loss would invalidate the double bottom and lose the level as support, so its very easy to strategise.
Looks like we are in a big B wave. The big B wave seems to be a diametric, and now we are in the last wave of this diametric, the g wave.
This recent drop is in the direction of completing the g wave from B. The green range is a low-risk buy range.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some...
It is moving in a short-term ascending channel, and this upward correction can continue the downward trend until the specified areas. Therefore, with a pullback to the upper area, it can continue the downward trend.
💎 Paradisers, let's turn our attention to #YFIUSDT, which is currently exhibiting intriguing market behavior. Positioned near a critical resistance level, it's expected to demonstrate a bullish trend, especially following a potential rejection at this juncture.
💎 Observing #YFI adherence to a descending trendline, we're inclined to anticipate a bullish...
