YFIUSDT short till 3900We see MN+Weekly breakdown here so short till 3900
PS. highest red MN doji shows that price can be near zero but I don't believe
Yfishort
YFIUSDT: Fast Short Possible (04.01.2021)On D1, the price broke through the uptrend, after which a correction “zigzag” downward pattern was formed.
At the moment, a correctional "zigzag" pattern is also forming, but upward and on H4.
The downtrend border has become resistance for the price rise.
In addition, RSI (at H4) has reached the overbought level.
In our opinion, the price can test the 76.4% Fibonacci resistance level at h4 (28500), after which a rapid decline is expected to the 14000 level, possibly lower.
We recommend planning short sales of YFIUSDT in the range of 28000-30000 in order to take profit at14000, possibly lower.
YFI/USDT is in Descending Broadening WedgeYFI/USDT is in Descending Broadening Wedge Price may fall t 22470 as well as is creating double top Which is also a bearish pattern
YFI USDT Gonna Bounce From Support?As You See YFI is Heading down to it's Original Listing Support Level, and there 2 things that will happen.
1. YFI will Bounce and Will Head Up to 13000 But Might Fall After. ( 60% )
2. YFI will Break Support and Might Go Up a Lil Bit and Continues to Fall. ( 40% )
2 Things To Do
Buy When Price Bounce From Support and SL 7 - 20% ( Use 1-5% of Balance )
Short When Price Breaks Support and After The Pullback and SL 7 - 20% ( Use 1-5% of Balance )
Helpful Indicators Showcase
❌MOM: Bearish Momentum
❌SMA: Price Below SMA Bearish
❌ADI: -DI > +DI Bearish
❌MACD: Bearish
❌PSAR: Bearish
Support And Resistance
S: $8,484.180
R: $9,122.390
R: $10,092.300
R: $10,492.890
R: $11,014.560
R: $12,556.470
R: $13,053.330
R: $13,589.520
R: $14,039.170
R: $14,872.720
R: $15,427.680
Volatility is low
🐻RSI: bearish divergence
🐂MFI: Bullish divergence
⚪️FVE: No divergence
🐂Volume: Bullish Volume Trend
Source : Crypto Whale
I'm Not a Financial Adviser
Do You're Own Research First
Comment Ideas or Coins You Want Me to Chart!
If You Like My Ideas, Kindly Like and Follow!. It will mean alot to me! <3 Thank You!
YFIUSDT - My thoughts - Short?Hello everyone! Andrew here, quick up date on YFI, IMO a Short is obvious. If you plan to short, do it now, don't try to catch a falling knife. Set tight stops.
I am not an investment adviser, confirm all calls.
If you agree, please like and follow...
Head N Shoulder. Pretty obvious setup here.
I see this continuing downwards unless of course a alt rally happens (which it probably will here soon) so tread carefully. either way HnS is bearish I would not enter.
