YFIUSDT Technical Analysis
⏳ Spot
💎 YFIUSDT has formed a wedge pattern. After the breakout we see a Bullish flag before the breakout. the price might go for a retest or a pullback after the breakout and then it continues to go higher
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🏁 Short & Medium Term
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🎳 Entry at Market or at 31990.00
☕️ TP1 35750.00
🍺 TP2 40225.00
🍻 TP3 47255.00
🍾 TP4 57000.00
🍷 TP5 _________
🍸 TP6 _________
🍹 TP7 _________
🎁 TP8 _________
🚫 SL 29680.00
Good Luck 🎲
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YFI
YFI / BTC - Potential for a Massive RunIf we manage to stay above this bottom at ~0.5-0.6 and turn up strong, we have strong potential for an inverted HS on the weekly, and a triple bottom on the daily chart. Should those succeed we should at least go back to our range highs around 1.1-1.5, and if we can get above range highs, we could see 1.8, then >2 and >3, a potential 6x run vs. btc that could even go higher. Do this while BTC goes up and the USD chart could do well more than 6x.
Get back below our bottom and fail to get back above it will invalidate this idea. Keep an eye on BTC dominance, if it continues to move up this move may have to wait longer before it starts.
YFI has been consolidating between ~0.5 and ~1.5 for over a year now. The longer the consolidation, the larger the potential move when it occurs.
Let's see if YFI breaks out hereFalling wedge, break out and 40k is min target. Get beyond 40k, we could head towards 50. Fail to break out and we could head towards a new low in the low 20s. We stopped 3 times in the same area, with a slightly higher low each time. Chances seem good here.
Yearn has been correcting and consolidating for over a year now. If it's going to move again, it may be one of our first movers in this next push.
MY MINIMALIST CHART ANALYSIS FOR $YFI9.6.21
My Minimalist Analysis of $YFI
Indicated are key levels of support and resistance using small and large range boxes TO ENTER A SWING TRADE (Short - Long).
Watch out for patterns, EMA, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
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YFI GO TO MOON FAST.TAKE 44% PROFIT🐺🐺🐺I THINK YFI IS BEST PROJECT IN DEFI ZONE.
BROKE RESISTANCE.🧨🧨🧨
Entry Zone: 40500 -42000
Target 1 : 44730 🎯
Target 2 : 48384 🎯
Target 3 : 51800 🎯
Target 4 : 55900 🎯
Target 5 : 58380 🎯
SL: Close Daily Candle Below 35471 🛑
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YFI / USD - Should revisit near 0.5 Fib @ ~52-54kSimple chart here - YFI completed a W pattern here when it broke its neckline and successfully stayed above it after re-testing multiple times.
I'm expecting a move that gets us pretty close to the 0.5 fib as shown on the chart, and targeting somewhere between 52-54k, may see some psychological resistance at 50k.