YFI (Yearn Finance) holders, massive potential (322%) coming!#YFI /USDT Update:
$YFI currently trading at $10527
Our CTT (Coinlion Trend Trader) told us to enter YFI at $6223 right after it crosses the falling wedge we had since January 2022.
We also have seen a golden cross recently 02/27/2023 ( bullish sign)
Our entry point (01 /13/2023) : $6223
Currently trading at $10527 (70% profit)
Target point : $19303 (322% profit)
What do you think ?
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YFI
$YFI/#BTC [#yearn.finance]: Resistance_Breakout◳◱ Hey traders, we've identified a Resistance Breakout on the $YFI / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.3241 | 0.343 | 0.3753 and the major support zones are respectively at 0.2918 | 0.2784 | 0.2461. It is a bullish indication and we may consider entering at the current price zone at 0.3441 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.3441 ₿
▣ 24HVol: 116.698 ₿
▣ 24hChng: 13.79%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.3241 | 0.343 | 0.3753
◢ Support: 0.2918 | 0.2784 | 0.2461
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.68 - Bullish
▣ Reddit sentiment score is 0.53 - Bullish
▣ In-depth YFIBTC technical analysis on Tradingview TA page
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Second Attempt at Weekly Channel BreakoutYFI is attempting to break out of its weekly channel for the 2nd time, last time it failed but has since kept pushing on it.
Let's see if we get an actual breakout this time. First need to see it get and hold above the 200 day EMA, then targets come into play.
Otherwise lose the top of the channel and it may either push for a 3rd attempt, or it could swing back down towards channel bottom
This should show 3 touches on both ends, below:
YFIUSD Idea | YFIUSDTYFIUSD Idea | YFIUSDT | YFI vs US Dollar |YFI vs Tether
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✴️ YFI | Ready To Follow Bitcoin (Name Your Altcoin #45)It's been so long since I last looked at this pair... I used to trade it frequently in the past.
YFIUSDT is one of the "strong ones", we have a strong higher low in late December/early January vs June 2022 which gives away what we will see in the coming weeks.
The fact that the trading volume remains really low all throughout January as prices grow above multiple resistance levels and breaks a strong downtrend, signals that the best is yet to come.
When the big volume comes in, we will be seeing 100%, 200%, 300% or more in sustained growth.
This is a unique way to look at the volume signal.
We look at it within the context of the trend, just as we do with the RSI and other indicators.
Taking any of these signals in isolation can lead to mistakes and thus on a bullish bias, no volume can indicate that the selling pressure is not present and the bulls can easily move ahead, saving their ammo.
Once resistance shows up, high volumes comes in and prices can continue with their growth.
A higher high follows a higher low.
The main target right now is $19,800 but there can be more depending on how it all goes.
Better to be conservative and secure profits on the way up, selling in portions, one can always rebuy and reload at the time when corrections show up.
There will always be corrections, so it is wise to secure some profits when everything starts to grow.
Buy red to sell green.
Namaste.
YFIUSDT 1HYFIUSDT 1H
It needs to break through the slab at 7786, in order to get rid of the downtrend channel it is in. At that moment, the YFI hit the upper edge of the Keltner channel and retreat, being able to go to the median of the channel or to the lower band, this impulse retreat also by the RSI which already indicates exhaustion of the buying forces. Another support will also be the MM200 in the region of 7574.
Here are the supports and resistances in the 1H:
Main support levels :7664 / 7581 / 7507
Main Resistance Levels: 7791 / 7945 / 8247
YFIUSD: Bullish Consolidation Setup to Recover 3 Macro ZonesYFI right now is attempting to break above the zone it failed to break above before and appears to be heading into the level with much more strength than last time after a short term period of Consolidation. Now it is Broken above the 200 day SMA and getting ready to test the previously failed zone as support.
With this i'd expect it to complete a meaesured move of the Consolidation Flag, which would take it up 40%, after that it could pullback or be done; but the macro structure overall would kind of demand that; YFI in time, rise back up to $15,000 and maybe even $75,000 to complete the Squaring Up process.
YFIBTC - Case for Bulls Currently this red trendline is dominant and should be considered when looking at this chart, as the dominant trend is down.
Ill give it a shot at picking the bottom though. A higher low and subsequent double bottom is a good candidate for a potential reversal
The ABCD pattern shows my thought process when looking at this chart structure
If price breaks down when the red line is hit then the bears are in control, but if it does breakout I expect it to move to D
#YFI LONGMaybe im not good at explication but, i will try to do my best, here is another #long if he breakout the line at 8436, and come to retest that line on small TF (4H) you can take long, but only if it confirm you that and the trend gose up, after you feel free to put TP at 12335. The 200 EMA (cyan color) come close to that price 12335, mark your profit. I dont talk about ST cuz Im watching the trade closer, and lets say you can lose 10% or maybe a smaller lose then 10%.
Feel free to comment, here is just my opinion how I can manage this trade!
Have nice day all ... #btc #lfg
Yearn.Finance YFI price will try to start growing"Hard limited" coin YFI (Max Supply only 36666 YFI) made a lot of noise in 2020-2021.
The maximum price of YFIUSDT in May 2021 reached $90-95 thousand on various crypto exchanges, which is +/-50% more than BTC cost then.
Then a series of conflicts between the community and the project's creator, which make no sense to describe here, as everything is on the Internet, led to the project's decline.
Now we see two possible scenarios for the growth of the YFIUSD price :
White is the growth to the $13000 area, the inability to break through the trend at the first time, and the continuation of prolonged consolidation for months.
Blue - breakout, and consolidation above the red trend line and continued upward movement in the spring of 2023.
The long-term target for both scenarios is growth in the region of $25000-28000 per Yearn.Finance
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