YFIUSD.P trade ideas
YFIYFI is being so generous to be hanging at these levels for so long. Its getting ready to bounce and head to all time highs and beyond
Yearn Finance Breaking out to the upside. $YFI Yearn Finance Breaking out to the upside. Trending could see the potential test of previous all time high at $43,450. COINBASE:YFIUSD
YFI/USDT 1W MidTerm🔘 22/26
💲 YFI/USDT
🕔 Mid Term / 3 to 6 months
🛑 Stop loss NOT NEEDED
💵 Recommended Investment : 3 - 5% of portfolio
YFI might be ready to go...or it was all hype?What I see here is a 12 week running wedge with the 18 DMA below recent price action. What I like about YFI is nobody is talking about it on social media. Things can change and charts can morph. I took a long position at 27601 with a stop at 26k.
YEARN FINANCE 50k?^Looks like yearn is about to break through in the next week or so id say buy around 27k-28k. cause its about to blast off cant say i know what price were looking at next but i think its possibly going to hit 40k-50k because the price is going to break through the triangle soon.
not advise
Possible Rising wedge The bottom corresponds to the breaking point on the Wedge.
IE if the wedge broke on one of the Red lines extending downwards it will hit that price point.
A recovery will most likely not bounce directly off the curve unless it is done in a single candle from break to target.
Hope i explained that well enough, Log charts are harder to calculate until the breakout/ breakdown happens.
Good Luck And Safe Trading.
YFI confirmedH&S breakout some days back and retest appears to be holding. Idea is to add to longs <30k with orange line defining stop loss. Target $144k.
This trade idea is for entertainment purposes only and is not intended as a recommendation to buy.
YFIUSD - An asymmetrical risk/reward?There is a possible completed expanded flat correction on YFI, with an impulsive move coming from ltf.
time to go upwe tested 0.786 FIB support for the 2nd time now.
is it time to go up?
we need to break the trendline formed by lower highs. which is also part of the broadening descending wedge pattern. for all of you that are into patterns.
how high do we go?
we will see - if we stop below the previous peak (40k) then it is possible we will form a head n shoulders pattern - bearish.
if we go above 40k, first target is around 41k.
also pretty interesting on the YFIBTC chart.
much love to the trading community.
lets not just make us rich, lets make a wealthy world.
YFI Cup with Handle on Daily Cup with Handle. Stop loss set at 21.5k. Will move Stop loss up as supply lines get bought up and new support get established.
YFI.USDT (Y20.P6.E1).Nice breakout structureHi All,
Another good performing coin, which has congestion, squeezing of the candles under resistance for a breakout pose.
Cheers,
S.SAri
YFIUSD 15min n 1hr:// trend change... shes runningshe handled that 29k nicely look to consolidate n to power to next targets
-hgm
