Yearnfinance
YFI - I Yearn For Gains!!
Full disclosure, I bought YFI at $42,900... and am desperately needing a recovery. So I *might* have a slight bias towards seeing a push here... BUT... regardless... I think there are some strong bullish signs in the coming week for YFI.
Lots called out in the graph above so some additional thoughts below to supplement the graph:
There have been other points where a touch on the 50 day sends the price to the upper resistance line
The Stochastic RSI isn't perfect... and the patterns are not exactly the same... but given it's in the same spot as the last big push... there's gas in the tank at it's current position.
There *could* be a possible W forming - we could be at the second touch of the double bottom right now (big speculation there...)
Price is currently respecting gan fan channel - could jump back to median (dotted line) for this next push
Lot's of speculation all around, but I'm hopeful!
YFIBTC - Possible Bullish PatternThe YFI/BTC(Yearn.Finance) is forming a bullish RSI divergence like it did a few days ago before its ~25% increase which indicates a trend reversal.
For safer short term trading, wait until the 50MA & the 200MA make a golden cross on the 30minute/1hour chart.
If YFI breaks below the bottom fib level, I will expect further downward movement. I will be watching the fib levels for support and resistance if YFI begins to trend upwards.
YFIUSDT (YEARN.FINANCE) - BUY ENTRY ANALYSIS 🔎
- YFIUSDT brokeout above the inverse head and shoulders neckline resistance and descending trendline resistance (DTR-1).
- The market then retraced for the retest of the neckline resistance, descending trendline resistance (DTR-1), key fibonacci retracement zone and ascending trendline support (ATS).
- The retracement was resisted by the descending trendline resistance (DTR-2).
- Price brokeout above the descending trendline resistance (DTR-2).
- This is a bullish signal.
BUY ENTRY ⬆️
- Conservative entry : breakout above the previous swing high resistance (R1).
- Aggressive entry : market price (now).
TARGETS 🎯
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support (ATS) and previous swing low support level.
🆓Yearn.Finance/USDT Analysis (11/3) #YFI $YFIYFI is still in accumulation phase and has not pumped strong yet so at the moment, YFI is still very promising.
The 35000$ zone is a good support, which YFI has conquered 4 days ago and a rally may start over there.
The expected target for YFI in this March is 45000$ zone and 65000$ or 95000$ zone in April
📅EVENTS
👉Mar 17 : BitMEX Listing
📈BUY
-Buy: 34k-36k$. SL if B
📉SELL
-Sell: 44k-46k$. SL if A
-Sell: 64k-66k$. SL if A
-Sell: 93k-97k$. SL if A
♻️BACK-UP
-Sell: 34k-36k$ if B. SL A
-Buy: 24k-26k$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
yearn.finance (YFI) - March 9Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We'll have to see if we can get support from 38079-39606 and climb above 44016.
If it falls, you need to make sure you get support in the 26467-31948 range.
If you go down at 26467, you need Stop Loss to preserve your profit and loss.
The next volatility period is around March 14th.
It remains to be seen if this volatility can rise along the uptrend line.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Moment of truth on $yfi 👀💰😬Pretty big resistance here + all the fibonacci confluences explained in the last $yfi post below 👇
If we break this resistance, then we fly.
For now i think it's more likely we follow the path in red.
If this 12 hours candle closes like that in 3 hours, it will print a bearish shooting star which will most likely send us to the $20K area
you can trade $yfi on FTX exchange. 5% off fees for you if you register with the links below 👇
Yfi seems in for more of a bounce 👀Price action looks like an impulse wave down from the top after completing a leading diagonal in higher timeframe.
The bounce we had after this impulse to the downside seems too short in both price and time.
I expect more of a bounce before more downside.
The green area is confluence of 1/1 wave A/C + 0.5 / 0.618 retracement form the top + resistance level from end of wave 1 to the downside.
Yearn.Finance YFIUSD - MASSIVE BULL MARKET +1400%, Triangle!- DEFI chart is actually very bullish.
- YFI is one of the DEFI coin that is still waiting for massive breakout to the upside.
- On the daily chart we can see an ascending triangle + huge ascending channel.
- Your profit target can be top of the channel or around 50k.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- Hit "Like" & "Follow". Don't miss my upcoming updates and new ideas!
YFI Buy a break setup.YFIUSDT - Intraday - We look to Buy a break of 38083 (stop at 36166)
Daily signals are bullish.
Short term oscillators have turned positive.
A break of bespoke resistance at 38000, and the move higher is already underway.
Price action continued the aggressive move higher and looks for follow through buying today.
Our profit targets will be 43829 and 46888
Resistance: 38000 / 40000 / 42000
Support: 35600 / 34000 / 31500
yearn.finance (YFI) - February 26Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We have to see if we can get support and climb in the 26467-31948 section.
If you fall in the 26467-31948 section, you can touch the 14927-20530 section, so you need to trade carefully.
The next volatility period is around March 14th.
-------------------------------------------------- ------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)