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YFI

YFI vs TetherUS Next Target Mapped at 60%I know you guys are waiting for YFII both vs Bitcoin and TetherUS, but let's have a look at YFIUSDT first! I do this for fun and to help you in whatever way I can... I already shared the best entry before the breakout, so this is extra for all those who care. Remember, do your own research and this is intended only for learning and entertainment. You are responsible for your own actions, decisions, and results... With that said, let's get to reading the YFIUSDT chart. Here we have a strong bullish candle taking place moving above EMA100. The volume is good as long as prices continue to grow. The MACD finally entered the bullish zone and shows plenty of room available for growth. The RSI is super strong... YFIBTC will continue to grow. If prices drop, we look for support at EMA50. You decide your own risk and when to close your trade if things go wrong. Remember to hit LIKE! Thanks a lot for your support. Namaste.
Long
by AlanSantana
3
YFI to 35k - How long will it take to get there?YFI has shown its Bullish potential over the last week, as price has bounced off the MA50 on the 1D chart, and the MA50 crosses up and over the MA100 on the 4HR chart. Currently it is at the top of the Keltner Channel, signifying a correction. We may not have a big enough bounce off the MA50 to keep us out of danger in the short term, so we could see another drop back down to areas of higher support, and a consolidation. MACD crossover shows it favors the Bulls, which was what brought the token into gains of over 100% recently. RSI is at 59, which is a perfect buying zone to be in, as this increases to 70s or 80s we will dip into the overbought zone and have our potential correction. Otherwise, if this does play off the MA50, we should see it reach the goal in a shorter timeframe. 35k is not the end, just the level that YFI needs to become relevant in mainstream. There was a lot of buying pressure recently, as YFI dipped down to 8k, which saved it from further danger. But its not out of the woods yet.
BINANCE:YFIUSDLong
by Shwayze
14
YFI "V Bottom" | Bullish Momentum Building Up!This is another pair that we hit perfectly... YFIBTC. On this current chart, you can see a "V bottom" pattern, which is strongly bullish. Let's start by looking at the previous chart (this is from November 6): Notice how the YFIBTC, 4H timeframe, price is now staying above EMA200 on the previous chart. Now, we are looking at the YFIBTC on the daily (D) timeframe, meaning, you get 24 hours per candle rather than just 4. Here we have prices challenging EMA50 (1.215) which is a very strong level. Above this level, we get another price jump. We have the RSI above 50. The entire altcoins market heating up, continues to grow. Bitcoin is hitting highs that haven't been hit in years and... The USA will have a huge surprise for you all. All these signals are pointing to additional growth. Still, you don't have to take my word for it... Give it some time, do your own research, and we will see how it goes. My view remains, YFIBTC will continue to grow. Thanks a lot my friend for the amazing and continued support. Namaste.
Long
by AlanSantana
7
YFI - Golden Cross on 3HR chart, and lower timelinesYFI looks like it is going to bounce back from the lows it has hit recently, after a huge surge this summer. The entire DEFI market plunged, except for Chainlink and REN - however YFI changed ownership recently, and is looking for some growth. Higher Time Frames 4HR and 1D are converging on a golden cross, but the MA50 could bounce off the MA100 with downward selling pressure we have started seeing. I believe if there is a sell off, it will only be temporary, and YFI is otherwise a great buy going forward. Wait for signal of MA50 to cross up and over MA100 on 1D for any purchases.
BINANCE:YFIUSDLong
by Shwayze