YFIUSDT Forms Triple Bottom and Falling WedgeYFIUSDT technical analysis update
YFI has formed a falling wedge pattern, and the price is currently trading at its major support level, suggesting a potential bounce from the current range. A bullish move can be confirmed once the price breaks out of the falling wedge pattern. Additionally, YFI has formed a triple bottom and has been trading within the same range for the last 840 days. The price has bounced multiple times from this support, and we can expect a strong bullish bounce from this level once again.
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Hexa
YFIUSDTPERP
yearn.finance (YFI) formed bullish Gartley for upto 102% rallyHi dear friends, hope you are well and welcome to the new trade setup of yearn.finance (YFI) with US Dollar pair.
Our last successful trade of YFI was as below:
Now on a weekly time frame, formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
yearn.finance (YFI) formed bullish Gartley for upto 10.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of yearn.finance (YFI) with US Dollar pair.
Previosly we caught almost 20% pump of YFI as below:
Now on a daily time frame, YFI has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Yearn.Finance expect + 68.78% profitAt the moment I open a "long" position on the trading pair Yfiusdt. I expect + 68.78% profit. Risk reward ratio: 4.55
The trading pair Yfiusdt is currently in a local uptrend and has come to its retest. The price is in a support zone and represents a good opportunity to enter a "long" position. The volume indicator is sufficiently unloaded, indicating the possibility of further price growth. The zone for opening a "long" position is in the range of 8448 to 7700. Partial position closure and setting a stop-loss at the breakeven level are possible when the price reaches 10190. The first local target is the level of 13953. The stop-loss should be set at the level of 7018.
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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YFIUSDT- Trend Breakout!YFIUSDT (4h Chart) Technical analysis
YFIUSDT (4h Chart) Currently trading at $33695
Buy level: Above $33483
Stop loss: Below $30811
Target 1: $35390
Target 2: $37125
Target 3: $39200
Target 4: $41700
Max Leverage 3x
Always keep Stop loss
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