YFIIUSDT
YFI in a 6-Day 🐂 Flag!YFI is in a Bullish flag that is about to retest the downtrend line of the flag, roughly testing $38.250 - 13%
If the downtrend line breaks, I expect a peek at least to $42.000, so that can be the second TP - 24%.
IF the price of YFI breaks the $42.000, I expect to rise all the way to $45.000 (33%) and if this level is also broken, maybe even $50.000 (47%).
RSI has found support and is forming new higher high.
MACD is giving first tick of buying wave.
Price found support at 200EMA.
We are in a 6-day bullish pattern called Bull Flag .
The setup is invalid if the price breaks below $29.000, that would mean over 10% loss.
And remember not to get too greedy, there are many other good alt coin trade opportunities.
All the best!
Tibor
YFII/USDT Price currently at 0.618 fibonacci retracement.
If the support doesn't hold here I expect a deeper drop in price to the 6h demand zone + 0.786 fib retracement. If we don't see a bounce from here, the price will drop even further and we will make a new lower low.
YFIIUSDTYFII forming falling wedge pattern in smaller timeframe, ready for breakout, also in bigger timeframe we have formed symmetrical triangle which is bullish pattern
YFI about to perform 14% move from bull pattern!YFI is currently in an ascending triangle which is an bullish pattern.
The price has already broken the resistance area of the triangle and confirmed it as a support, and the move up is already happening.
I don't expect YFI to retest the ascending triangle uptrend line, but it's a possibility.
Either buy market or buy the break of $36.688.
Take profit below $39.000 and below $41.500
If the uptrend line of this ascending triangle gets broken, that would invalid this setup.
Good luck!
Tibor
YFII Chart OverviewVery Excited on this YFII Chart Pattern! If it goes something crazy from here like YFI !!!
YFII to 10K - Ready for next wave YFII in bullish flag, look for possible breakout to upside to 10K ish. Buying zone is at the bottom of the flag.
YFII vs OMGTo start, YFII is in my opinion an unreliable scam. That being said, so is OMG and OMG paid out quite nicely and YFII appears to be following a similar pattern so it is worth watching.
YFII looks poised for breakout Inverted Head and Shoulders pattern is a high probability chart pattern
YFII/BTC (Test the Swing Top Resistance?)BINANCE: YFIIBTC
-YFII is following a strong uptrend after breaking the 0.555 resistance
-If we will see a small correction in the next day
-Previous resistance must hold to continue a strong rally up to 0.826
-Or consolidate above the green line and let the 12MA/20MA to catch up
-The RSI is above 70 so might expect a little cooldown
-Follow risk management and do not FOMO
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YFII: Decentralized Finance and Market PsychologyIf you like this analysis, please make sure to like the post!
I would also appreciate it if you could leave a comment below with some original insight.
In this analysis, I'll be explaining the speculative nature of the alt-coin market, exemplified by the defi hype.
Analysis
- It's extremely difficult, almost impossible to apply technical analysis to the newly listed Defi coins on major cryptocurrency exchanges
- They have very little price history data, and most of their fundamentals in terms of project development, is questionable to say the least
- In the case of YFII, we can look at the hourly chart to speculate its next move
- As the 'Defi-hype' is not over yet, there is still a lot of capital flowing into altcoins, and bullish movements are supported by high volume
- Based on market psychology, people who have missed out of the YFI opportunity, are jumping into YFII, in fears of missing out
- Based on the trend, we can see that a "U" shape recovery is taking place, with potentiality for YFII to hit its previous high once again
- It has gone up over 100% already from the local bottom, and has an 80% upside to the next top
- The Ichimoku cloud confirms the bullish trend, as prices are trading above the cloud.
The cryptocurrency altcoin market, currently driven by the Defi-hype, is just another phase of a speculative market after the 2017 ICO phase, and 2018 STO phase.
Don't predict the market. Take it by levels, and play by probabilities.
- Michael Wang-
YFII NEW WAVE COMING SOON TAKE LONG AT SUPPORT LEVEL . TRADE LINE BREAKOUT DONE & 37500 IS GOOD SUPPORT
YFI testing major resistance area in a Flag!YFI is still in 2H uptrend, so is 4H on 50 and 200EMA's .
This coin has recently broken out of the downtrend channel and from triangle formation that has broken to the upside.
Currently the price is strong resistance area, from which it should be a free ride up.
Buy the break of $26.680 or enter in the 15 min flag that the price is currently in.
TP1 is $29.900.
And that's it!
Tibor
YFIIUSDT ANALYSISIt is too early to talk about this coin but:
Buy this coin when the resistance line turns to support line ( $ 3738,61)
Buy when 1 candle open - close totally above the resistance line in 1 d chart and watch carefully this coin
It is below the resistance line if it keep going like this it goes to hell
Try to catch EngineeringRobo' s buy signal
It is not good to hold this coin for now try to catch this coin' s every movement it might be sad ending
However, EngineeringRobo gave Sell 1 & Sell 2, Bear, Hell and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
YFII - Signs of Reversal, Buy the BreakoutYFII is the fork of the hottest crypto on the market this year, YFI. As expected it came out of the gate hot, but quickly cooled off. The price has corrected 62% in just 2 days. There is serious volume going into this coin. I do not anticipate it to match that of its big brother, but the price can move quickly. And if you are vigilant and time your entry right, it could be very lucrative.
YFII well one of these YFII is not like the othergood start but damn BTC killed any action
surprisingly TRON seems to be doing really well with a burst of DeFi
Still hoping for at least 40% out of YFII but ouch we shall see
YFII take 2 hopefully 200%a little late to get in on Binance and a little high
jumped out on YFI from $4,900 to $16,000
hoping to hold a little longer this time
not expecting $35,000 but $20-$25k should do nicely
YFIIUSDT AnalysisThis is a new coin on the USDT chart. Therefore, I will wait two weeks or around a month before I make any analysis.
