YFIBTC broken out of longterm downtrendYearn Finance
OBV never stopped being bullish
1btc is first target and targets get alot higher after that
stupidly scarce token, essentially a collectable
after recent nft craze, wouldnt be surprised if we start up the old 1yfi=3btc meme back up
dont fite memes in crypto, see doge for reference
sendit
YFI
YFI/ETH Defi Summer 2.0YFI bagholder special. I fully expect YFI to outperform ETH this coming Defi summer 2.0. Looking to build a long term position around current price action. Signs of weakness below 20 YFI/ETH (many daily closes) I would look to close and re-enter lower.
Yearn Finance / TetherUSD long idea 🚀YFI looks to be forming higher lows and higher highs, it looks like it's slowly forming into a parabola.
I will be accumulating long positions on the retracement between the fibonacci levels and previous market key levels, both of which line up perfectly.
It also has been forming a rounding bottom, which is bullish.
The stop will be set just under 40k because of the huge buy wall there (psychological support and high demand in that zone).
/!\ Disclaimer: Always do your own research, this is not financial advice, just my though process! /!\
YFIUSD ($YFI) ready to moveYFI looks like it is ready to take off.
It broke the Sep20 high in Feb21 however it could not hold. It has now broken then Sep20 high again and is showing much more strength. Volume has surged and RSI is 70+.
If price can hold above the green box then this will pump hard.
This is a swing trade. Be sure to give it time to play out.
YFI.USDT (Y21.P2.E1.v3).Big move coming up.Part 2Hi Traders,
This is a continuation of a previous post, link below.
The big move did happen and it came from behind.
This looks like a Livermore setup so go long.
If you haven't entered, then let it hit the double top, fib =1 and wait for the pullback. then consider entering.
All the best,
S.SAri
PREVIOUS POST