#YFI Yearn Finance breaking out! Can it Double in price??Long futures YFI
This long term chart is suggestive of higher price coming for YEARN
After the blow off top it formed a massive head and shoulders, which reached its target.
The retest of the opening candle high is a lovely textbook checkback and can spring with momentum from here
The upthrust in July suggests a similar move could see $16-$17k
(if #BTC complies of course)
Yearnfinance
YFIHELLO GUYS THIS MY IDEA 💡ABOUT YFI is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
YFI/USDT: Further rise expected above 7470---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
YFI/USDT: Further rise expected above 7470
Context
- The Global Crypto market leads by BTC and ETH reversed drawing a new bullish trend - YFI is actually trading range versus ETH, a new YFI outperformance can occur in the coming weeks
- We are watching at 17690 as upside target with strong conviction
- Watch 7470 as key Tactical support
Market configuration
- Graphical Elements :
Graphical Resistance = 17690 & 23570 / 43900
Graphical Support = 7470 & 4020
- Mathematical Indicators:
EMA ( Exp Moving averages) are now support at 10000 = Bullish
RSI indicator (below) is now above 50% without divergence = Bullish
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target (C) B has been already reached = 4020
Fibonacci resistance of the wave in progress = 17690
Fibonacci support of the wave B = 7470 (10000 perfect buy level)
Fibonacci Bullish Target = 17690 and 23570
Conclusion
Preferred case => As long as 7470 remains support we are looking to buy the dip in the buying area (10000) in order to test and then surpass 17690, before opening a further rise towards the double bottom potential at 23570
YFII looks quite good on both pairs with 2D candleWill the new 2D candle take price to 1400+ region? TA is strong here... if uncle BTC stays stable, there is a chance for upside. SL 3-5%. Manage your risk.
Not financial advice
YFIUSDT(yearn.finance) Daily tf Range Updated till 30-07-22YFIUSDT(yearn.finance) Daily timeframe range. one prop is it still didn't broke its all time low. there are not much data to it on its new range. there is decent volume but not enough retail interest to fill the chart. in this state i would look more for usual position setups. but a clean chart always less complicated to trade.
YFI USDT LONG SWING | YFIUSDT | LONG @ 6200 - 6350 | TP @ 6450, 6500, 6550, 6600, 6750 | SL @ 5920 | PATTERN = SPREAD TRIPLE TOP BREAKOUT | FTX |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:YFIUSDT BINANCE:YFIUSDTPERP COINBASE:YFIUSD FTX:YFIUSD FTX:YFIUSDT
A Hail MaryThis financial product is incredibly risky, and there are not many tokens of it in the market. User count and market cap is very very low compared to other recommendations – meaning this is a Hail Mary play. Not something to invest in, or bet the farm on.
I opened a long this past weekend, and added today. We can see these tokens in the past have been to the moon. They also have come back down from the moon.
Slope of the moving average is still ‘pointing down’ but the angle is not as aggressive. The trend is still bearish, but price is running into the 20dma and we will see if it can breach it:
Nice bounce off S2 off the daily pivots:
We can see volume aggressively picking up the panic selling here, which also comes with consolidation of token holders:
Good luck Trading mates.
yearn.finance (YFI) Buy Zoneyearn.finance (YFI) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
After retesting our mid-term $19,000 support zone, yearn.finance is showing short-term strength.
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$YFI/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 19300 - 18600
TP 1 : 19600
TP 2 : 19750
TP 3 : 20000
TP 4 : 20250
TP 5 : 20650
TP 6 : 21000
TP 7 : 21600
TP 8 : 22300
Stop Loss : 17800
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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YFI/usdt (yearn.finance) - Bullish Support & Momentum -1 HourYFI/usdt (yearn.finance) price has found bullish price support and macd momentum in the 1-hour chart.
Entry (long): $21537
Take Profit +6% (exit): $22851
Stop Loss -3% (exit): $20897
Note: need to see a breakout above the descending wedge and price trend change (uptrend) on this hourly chart.
Shorter-term intraday price may pullback before this crypto eventually rallies.
YFI/usdt has less liquidity than other cryptos and more volatility.
Utilize stop loss, position sizing, risk management.
All content is Not financial advice. Trade at your own risk.
WILL YEARN FINANCE STILL RECOVER FROM THIS FALL!? DAILY YFIUSDT🔍 Key points:
- Prolific developers Andre Cronje and Aton Nell have called it quits on their time in cryptoland on Sunday, according to a Twitter post that gave no explanations for the exit.
- Cronje has been described as the “godfather of De-Fi” and is best-known for his work on Fantom and Yearn Finance – the pair will be “terminating” over 25 apps and services next month, though it’s worth noting that those projects won’t actually stop operating.
- Their associated projects did not take the news well though. Fantom tumbled over 16% on Sunday to hit its lowest price since December 21, and Yearn Finance lost nearly 10% to its lowest close since November 2020.
and about that, what do you think!?
text source: www.tradingview.com
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
YFIBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price was supported at the support zone and now it can move down to the support zone and then break the resistance line and move up. If the support is broken, it will see lower prices.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Yearn Finance: A World of Painthis is a "governance" token, with a paralyzingly high per unit value ($20,000 and up)
the team has no regard for establishing traits to justify the YFI token to have any non-speculative value.
solutions may involve:
1. revenue payments to YFI holders
2. token split - to normalize per unit price in context of other altcoin crypto assets
3. compensation of revenue per participation in governance decisions
the software team building yearn finance are world class however the tokens are at face value nothing but monopoly bucks
i see a massive dead cat bounce rally happening soon, followed by a very slow and painful 2022, and price never returning to the doorstep for $100,000
YFIUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price hit the support zone and our Buy signal was issued. It is now fluctuating at the first resistance line. If it goes above the this line line, it can go up to the second resistance. If not, it will fall more and if even the the support line is lost, it can fall more.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Yearn.Finance - The First Cryptocurrency to Reach $100K?Based on my analysis of Yearn Finance's all-time wavemap, it is my belief that this cryptocurrency will be the first to break above $100K. Unlike the others the may attempt to follow, YFI looks as if it has great potential to reach AND MAINTAIN the ever elusive 100 K mark.
My buy limit is set and ready to go.
Where's your surfboard?
YFIBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
we are in the 4-hour time frame. There is the the R2 line which supported the price two times but was broken on the third try. Now it has fallen down to the S1 zone. There is the R1 line which has rejected the price several times. Now it is ranging on the R1 line. There are two scenarios. One is that it will be rejected once more and will fall down to the S1 line. The other scenario is that it will break he R1 line completely and will move up to the R2 line and if this happens, you set a Buy order when the R1 line is completely broken. If it falls down to the S1 zone and stabilizes above the zone, you can set a Buy order there too.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
WHEN YEARN FINANCE(YFI) WIL HIT $94K SOONER THAN BITCOINYearn.Finance price prediction using simple price action strategy.
This video contains the fundamental analysis and technical analysis of YFI crypto token.
This technical analysis on yfi coin is done using price action strategy by Bitcoin Gorilla without any indicators implemented(zero indicator used) making the analysis very beginner's friendly
yearn.finance (YFI) Buy Zoneyearn.finance (YFI) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
On 4 hours timeframe, Yearn Finance has formed bullish pattern and retested short-term market comfirmation after the couple of day breakout.
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$YFI/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 31150 - 31775
TP 1 : 32215
TP 2 : 32750
TP 3 : 33410
TP 4 : 34450
TP 5 : 35500
TP 6 : 36450
TP 7 : 37500
TP 8 : 39275
Stop Loss : 29985
*Maximum 4% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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YFI/USDT ChartHi, I try to post often so if you could like and follow it would mean a lot to me. I will start streaming here on TradingView.
YFI is looking very good right now with a invalidation at 31200$ support and going right to the 34K area. The coin had descending triangles in the previous days that turned out to be bullish. BTC is not looking to bad either so I don't expect a market crash because of bitcoin ( fyi: BTC is looking bullish in the 1H chart so no worries on short term trades). Comment your thoughts on the idea.
I will stream on friday so if you are interested I will talk about every altcoin. Feel free to come and ask questions.