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YFI

SUSHI-4h. The target $ 3.5 remains relevant.The wave of falling SUSHI prices on December 19 led it to the liquid range of $2.26-2.33 . We wrote about this range in the previous idea . This range can be a solid foundation for new price growth to our $3.5 target. The current local fall wave adjusted the growth wave from December 11 by 61.8%. A rather deep correction may force the price to consolidate in the range of $2.26-2.33 for some time. The new BTC impulse will allow buyers to continue moving in the white triangle and test $3.5. However, whether the forces will push the price further - let's see in the next idea. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
9
YFI-4h. The next target - $31000.Our previous YFI idea from December 10 worked out . The sellers managed to break the $23,300 mark and test the lower trend line of the falling channel. However, there was clearly not enough strength to test the $21,000 mark. As a result, buyers quickly returned the price to the critical point of $26,700-27300. Buyers manage to establish themselves in this price range. Therefore, the medium-term dynamics of price movements indicates a test mark of $31,000 in the near future. The global target is $44,000, but more on this in our next medium-term idea. _____________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
14
YFIUSDT $34000 Long TargetLooking at the 12-hour of YFI, its at a crucial decision point on the verge of a breakout. If this breaks out of this downtrend to the upside, YFI is going to hit $30,000 and beyond to the moon 🌙 The downtrend is formed from the ATH at $43,562 down to the most recent swing high at $30,000. YFI has been creating higher highs and higher lows, both common signs of bullish momentum. There is a very good chance with the recent price of Bitcoin that YFI will follow suit and break out of this downtrend. Here are my TP levels going up: TP1 🎯 $30000 TP2 🎯 $32299 TP3 🎯 $34835 Eventually after YFI finds support at $34825, its going to come up and retest its previous-ATH at $43,562. Cheers traders let me know your thoughts
Long
by kyer
3
✳️Yearn.Finance/USDT Analysis (14/12) #YFI $YFIYFI is still fluctuating in a wide range of 20000-30000$ and has yet to determine its next trend. It is still too early for YFI to initiate a downtrend because the November's rally is so strong that it will easily continue this December. Just surpassing the 28000-29000$ zone, YFI can completely increase to 40000$. However, one thing we need to keep in mind is that the volume of YFI when oscillating at this top zone is decreasing and could form a Diamond pattern if YFI loses the 24000-25000$ zone, and it will fall to 18000$ zone. 📈BUY- LONG -Buy: 24000-25000$. SL B 📉SELL-SHORT -Sell: 28000-29000$. SL A -Sell: 38000-40000$. SL A ♻️BACK-UP -Sell: 24000-25000$ if B. SL A -Buy: 18000-19000$. SL B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
2
YFI Entering Buy Zone?My Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! ------------------------------------------------------------------------------------------------------------------------------------------------- ANALYSIS: YFI could be heading further to the downside w/ 9EMA crossover. RSI also reflects downside continuation, as it is finally completely exited the overbought territory.
by AB_Trading-Intelligence
1
YFIUSDT may re-test $20K supportHi friends, hope you are well and welcome to new update on YFI token. Priceline moving in Fibonacci projection zone: After taking bullish divergence from potential reversal zone of bullish Butterfly, the priceline is still moving within the Fibonacci projection or sell zone area. After rejection moving toward support: After being rejected by $30K resistance now the price action is moving towards $20K support and likely to form a parallel channel within these support and resistance levels. While the price action is forming higher highs on the other hand the RSI is forming lower highs, therefore there are more chances for the continuation of bear trend. The channel can be changed: If the price action will be bounced from 100 and 50 simple moving averages then the movement can be changed from parallel to up channel. The harmonic BAT move: On daily chart, the priceline of YFI token is also completing the final leg of bullish BAT and for the completion of this leg the priceline may move down between: $21128 to $ 19773 then it may move up from this potential reversal zone. Conclusion: All indicators and patterns have confirmed a move upto $19773 but we should use the potential reversal zone of bullsh BAT as stop loss because, if it will be broken down then the bear trend can be continued. Note: Above idea is for educational purpose only
by moon333
1
YFIUSDT completing final leg of BAT| Upto 23% move expectedThe previous idea produced more than 281% profit: Now on daily time period chart, the price action of yearn.finance (YFI) is completing the final leg of bullish BAT and soon it will be entered in the potential reversal zone. There is also a 50 SMA support in potential reversal zone. Buying And Sell Targets: The buying and sell targets as per Fibonacci sequence of bullish BAT pattern should be as below: Potential reversal or buying zone: $21128 to $ 19773 Sell or Fibonacci projection zone: $ 29342.54 to $ 24359 Stop Loss: The potential reversal zone area that is up to $19773 can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has a profit possibility of 23% and as per the above-mentioned stop loss, the loss possibility is 6.5%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
2