YFI BTC closing into a wedge to break to the upsideYFI BTC closing into a wedge to break to the upside
YFI
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
YFIUSDT_Daily: Analysis Upadte***********************************************
Price : 28,716 USDT
Entry LVL: 28,500 -28,700 USDT
Support Zone: 25,000 -26,000 USDT
Expected Return: 30%- 58%
Reward/Risk: 3.8
TP_LVL I: 23,000 USDT
TP_LVL II: 43,000 USDT
SL: 143 Sat
***********************************************
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
YFI BTC will be wedged between supports and 1h resistance levelsYFI BTC will be wedged between supports and 1h resistance levels
YFIUSDTYFI has shows bearish signals if u have this assets its the best time (if u are not a HODLER and a mid-term or lower term trader) to cash them and wait for the pattern to be completed
its all abut advanced price action checked in the famous time frames not the customs
YFIUSDT middle lineI will keep my eyes on the blue line , if it becomes resistance this is a good short signal , if there is going out of bounds up then a good long signal
