YFI / BTC about to sky rocketTA looks great for YFI/BTC. With Eth and DEFI growing (funds locked increasing), fundamentals at looking strong too. Can also stake YFI on Binance for 4.6%.
Targets 1.49, 2.86, 4
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.
YFI LongCamarilla daily and weekly levels would agree to the setup. Use daily or weekly L4 or weekly Pivot as stoploss to manage risk on. target H3 and maybe beyond
YFI usdt fall to the $28k areaStrong falling support and resistance levels on all timeframs, falling EMA and falling trading volumes indicate a very weak YFI.
YFI BTC falling to the 0.70 mark. YFI BTC falling to the 0.70 mark.
A sharp decline on all timeframes for YFI BTC
$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
YFI usdt to climb back up to the day Resistance levelWe see a rising channel trendline clearly playing out against the falling trendline
YFI finished its coffee break?One of the best investments I did; $YFI
Use to follow it in my tweets. This is a snapshot of what I did saw in its history as I was monitoring. Next steps may make history as the powerful pattern start to form completely .
Interesting to watch.
Yearn Finance Breaking out to the upside. $YFI Yearn Finance Breaking out to the upside. Trending could see the potential test of previous all time high at $43,450. COINBASE:YFIUSD
YFI BTC - not much movement between support and Resistance YFI BTC - not much movement between support and Resistance - showing good bullish engulfing candles though
🆓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
DOUBLE-TOP GRAPHIC STANDARD CONFIRMED! AND NOW? DAILY YFIBUSDTechnical analysis regarding the price of YEARN FINANCE in relation of dollar Binance for the next scenarios, based on daily movement.
The price has formed a double top chart pattern, already shrinking and is reaching the uptrend line to test it! The price has been moving upward, making funds / upwards, and the 34-period EMA is driving the price. However, the SAR Parabolic is in a downward movement, which I believe will end after there is a stagnation in this correction. (If the double-top pattern is concrete, the tendency is for the price to fall! But I believe in this cryptocurrency and well, the price will be able to seek the projected bullish targets (green lines) and continue with the valuation! it's a good one!
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
