$YFI/BTC 2D (Binance Spot) Symmetrical triangle break and retest
Updated
Yearn.finance is accumulating for next big move upwards I believe, let's start filling a bag here!
Current Price= 0.74025
Buy Entry= 0.74040 - 0.68540
Take Profit= 1.12290 | 1.85740 | 2.65770
Stop Loss= 0.54840
Risk/Reward= 1:2.5 | 1:6.98 | 1:11.86
Expected Profit= +57.62% | +160.72% | +273.06%
Possible Loss= -23.02%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2880h
Current Price= 0.74025
Buy Entry= 0.74040 - 0.68540
Take Profit= 1.12290 | 1.85740 | 2.65770
Stop Loss= 0.54840
Risk/Reward= 1:2.5 | 1:6.98 | 1:11.86
Expected Profit= +57.62% | +160.72% | +273.06%
Possible Loss= -23.02%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2880h
Trade active
All entries filledYearnFinance missed first target for 0.0179 ₿ then pulled back to entry.
That is too bad since it would have been up to +55.11% profit, but set-up is still valid!
Note
Accumulation about to endSomething is definitely cooking with yearn.finance, just broke-out of a symmetrical triangle and is retesting it right now!
I was already pretty big in but I bought some more anyway since it looks very promising.
Note
Speaking of which, this call is still activeYearn.Finance is taking longer than expected but still looks very promising, especially after regaining 50MA & 100EMA!
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