Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 YFI /USDT - Daily Chart - Heiken-ashi
📌 PRICE ACTION - Fibbo channel - Double bottom - Triple bottom
📍 YFI looks it might have a breakout from this zone.
📍 Yearn Finance is one of the most underrated projects available in the market and I think YFI is not respected enough
✍🏼 In the chart I see a triple bottom forming in daily time-frame which can be a very bullish signal.
✍🏼 The descending trend line is above the price and looking very powerful but once price manages to break it we may see a pump in the future
⚠️ I wait till the price touches the descending trend
🧐 What are your thoughts about YFI and Yearn Finance project?
THIS IS NOT A FINANCIAL ADVICE
Good Luck
NP Trader
🕊 Wish y'all have a profitable lifestyle 🍀
📌 YFI /USDT - Daily Chart - Heiken-ashi
📌 PRICE ACTION - Fibbo channel - Double bottom - Triple bottom
📍 YFI looks it might have a breakout from this zone.
📍 Yearn Finance is one of the most underrated projects available in the market and I think YFI is not respected enough
✍🏼 In the chart I see a triple bottom forming in daily time-frame which can be a very bullish signal.
✍🏼 The descending trend line is above the price and looking very powerful but once price manages to break it we may see a pump in the future
⚠️ I wait till the price touches the descending trend
🧐 What are your thoughts about YFI and Yearn Finance project?
THIS IS NOT A FINANCIAL ADVICE
Good Luck
NP Trader
Note
YFI has managed to break its long-term descending trend-line... next target would be 44k price zoneTrade closed: stop reached
Broken Trend-line was actually a fake breakout and triple bottom was probably a retest of breaking the trend-line... not good news coming for YFI!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.