YFI 12.1Kish....Number one trade right now is long BTC obviously......On the other hand YFI is looking weak. Short play down to 12.1K looks good.
YFI
YFI 1D Grow Impossible Fall (make sentence yourself)The previous idea worked out on a positive scenario, it's time to update it.
Having broken the level $9750 , the price organized a 3-day false breakdown by -23% with a minimum value of $7450.
After that, the price move to the level $13,000, without noticing it, the growth continued to $19,350.
Insane volatility showed just unrealistic indicators, as for volume crypto coin:
in 3 days +130%
7 days +160%.
Put it crudely, now the price is testing the base of the global reversal pattern Head and Shoulders from below for strength.
For those who missed, we drew it in our first idea .
From the current price, it is more believed that the price will fall to the level $11,500 than the growth to $21,000-22,500.
Although two options have a right to life.
The global falling zone is essentially unchanged $5500-5700. While the price is trading below $21,000-22,500, sellers control the situation.
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KEY support & resistance levels to watch in this pullback*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Atom Short termAtom ETH pair must hold this support for a bounce.
Falling wedge pattern seems to be complete.
Pending breakout
$YFI, Hamster back at it$YFI Hamster back at it
A break over ~1.04BTC level could allow further continuation as Volume shows greatest levels in this chart
Worth set some alerts if you are not already in 🌝
#YFI
✳️Yearn.Finance/USDT (7/11) #YFI $YFI #YFIUSDTAfter falling sharply from 13000$ to 7500$ as our previous plan, has risen sharply to 11000$, its fluctuation range is quite large, so trading will be quite risky
YFI is heading towards 13000-14000$ zone to confirm an uptrend, however I think it is too early to make a strong move higher up further, which will continue to decline, and the possible target is the 7500$ bottom zone
However, if YFI closes a 1D candle above the 13000-14000$ zone, then YFI will rise very strongly to the 17500 - 23000 - 32500$ zone
📈BUY- LONG Strategy
- Buy close to 7500-8500$, stoploss if B
📉SELL-SHORT Strategy
- Sell close to 13000-14000$ if B, stoploss if A
- Sell close to 17000-18000$ if B, stoploss if A
- Sell close to 23000-24000$ if B, stoploss if A
- Sell close to 32000-33000$ if B, stoploss if A
♻️BACK-UP Plan
- Sell close to 7500-8000$ if B, stoploss if A
- Buy close to 4500-5000$ if A, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFI big pictureIS correction ends? looks like, fibo 38% being strong support and a perfect movement begins, any pullback could be a long opportunity
YFI Faces Resistance, Will It Grow More?Just as prices can go almost straight down as we saw from Sept. till' Nov., they can also do straight up, as it is happening now.
YFI Has More To Offer (245%+ Mapped)
YFIBTC is now facing resistance at 1.255 or EMA50.
This is an important level.
Looking at the bearish wave and how quickly prices fell, the possibility exists for the up wave to do the same.
If EMA50 can be cleared, we can expect another jump of 170%.
On an EMA50 rejection, we would have a retrace before the next move can develop.
The chart is full bullish here.
Strong RSI.
Rising MACD.
Increasing volume.
Bullish altcoins market.
Additional information can be seen on the chart.
Namaste.
YFI/USDT 1h (Binance Futures) Bullish pennant formingYearnFinance is back to high volatility and is looking quite bullish, I believe it will outperform Bitcoin this week.
But as we know, it is highly probable that it revisits the support of the pennant to hunt some Stops, that's why I put entries down there!
Current Price= 15110.2
Buy Entry= 14066.9 - 13179.1
Take Profit= 15759.4 | 18079.3 | 19738.3
Stop Loss= 11486.6
Risk/Reward= 1:1 | 1:2.09 | 1:2.86
Expected Profit= +15.68% | +32.71% | +44.89%
Possible Loss= -15.68%
Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 120h
YFI/USDT clear symmetrical traingleYFI / USDT
🌟analysis🌟
Clear symmetrical traingle formation or flag on 4h frame chart
Breakout of this pattern is extremely bullish
Wait patiently for the break of upper trendline before buy
or buy on the retest
Another thing..the price is above 200 ema which is also bullish and should hold to remain bullish
Good luck and happy trading 🌹
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YFI - Quick update (still in channel, impulse move soon)Quick update, still nothing happens, kinda triangle, plan hasn't changed - targeting $20k for this swing.
Information is just for educational purposes, never financial advice. Always do your own research.
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Updates & price predictions - these key support & resistances *DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*Thank you to those who donated, I very much appreciate it.
look for how we fare on the way back up then shortlets see how we do retesting open, i would begin shorting above 1590 for sure, however we will probably kiss 1600. then setting targets to 1300 region to validate that last bullish weekly candle. we are either bouncing it's open, or blowing right passed it. the question is whether or not we will try to get a higher sell above 1600 first.
if, however, we make the quick drop below 1400, I am beginning small accumulation
