YFI Breakout Setup | YFI All time highYFI cryptocurrency price is ready to break above the trend line.
YFI cryptocurrency token price can move higher and higher after breakout above the 40K.
Buy when price breakout above 39500.
Funny thing about bitcoin price is that YFI will be more expensive than bitcoin in very short time. after breakout above the 44.4K All time high.
Buy below 40000
Stop : Daily close below 25000
Target : 45K , 58K , 70K , 95K , 120K
Yearnfinance
YFI break out soon YFI had its sell off, had its exploit, and increased supply from 30k to 36k. Sold off, now we are looking to go higher. The project team have used the newly minted 6,000 coins to pay anyone who lost money in the exploit (which will be paid back to the project through usage fees). Almost every defi project has seen gains, YFI being the one the started it all is well over due for a major pump.
If break up to upside, next stop 40k (short term) long term 100k)
If it fails to break out, support at 28k
Yearn Finance Opinion: YFIBTC Flush Imminent for a Healthy CycleYFI needs a proper flush before it can resume an uptrend continuation, by getting a good chunk of the 10,000x, 1,000x, and 100x longterm HODLers out of the trade.
Downside targets on the chart may be exaggerated, as I'm looking for capitulation signs instead.
Currently positioned neutral until a breakdown of the trendline, though also cautious in the event of a bear trap.
The Triangle patternThe Triangle pattern is forming in wave 4 from the first ascending wave of point 3
As you can see in the image, the uptrend is completing in the first ascending wave from point 3, currently, the price is in wave iv of this wave. The triangle pattern is formed and by crossing the price from the range of $ 34,985 we can get the confirmation for the uptrend, and we can go for the first target of $ 54,700.
$YFII/USDT 6h (Binance Futures) Symmetrical triangle breakoutDFI.Money is retesting the broken triangle, I expect a bounce here, let's swing!
Current Price= 1769.2
Buy Entry= 1748.2 - 1705.2
Take Profit= 1960.6 | 2227.6 | 2449.2
Stop Loss= 1596.4
Risk/Reward= 1:1.8 | 1:3.84 | 1:5.54
Expected Profit= +27.10% | +58.02% | +83.68%
Possible Loss= -15.10%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 360h
🆓Yearn.Finance/USDT Analysis (27/1) #YFI $YFIYFI is in a correction to $22-23k zone, which is a good buy zone and we can expect a strong rally to $32k, $44k and even $65k in February.
📈BUY
-Buy: 22k-23k$. SL B
📉SELL
-Sell: 32k-33k$. SL A
-Sell: 43k-45k$. SL A
-Sell: 65k-67k$. SL A
♻️BACK-UP
-Sell: 22k-23k$ if B. SL A
-Buy: 16k-17k$. SL B
-Buy: 32k-33k$ if A. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
$YFI/USDT 1h (Binance Futures) Falling wedge breaking outYearn.finance is looking bullish again, let's scalp the break-out!
Current Price= 29695.6
Buy Entry= 29702.4 - 29340.2
Take Profit= 31037.9 | 32369.3 | 34772.9
Stop Loss= 27964.7
Risk/Reward= 1:1 | 1:1.87 | 1:3.43
Expected Profit= +10.42% | +19.44% | +35.74%
Possible Loss= -10.42%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 120h