YFIUSDT.PS trade ideas
YFI making massive new ATH's, Where to Next?YFI has made a massive new ATH by nearly 30% and is now trading right back at the previous ATH level. This can be a great sign for finding support at this level and we can see more growth to come if this level holds.
Here we can see YFI trading in either a symmetrical or a descending triangle pattern, both of which would need clear confirmation before trading because theoretically a symmetrical triangle can breakout both ways and a descending triangle breaks out to the downside most of the time.
I would like to see a breakout of the upside and once this is confirmed I would look at a retest of the pattern and support levels and ladder some long orders around the marked area.
YFIUSDTHello to you all. Mars Signals team wishes you high profits at all times.
YFI is in a bullish triangle but as it goes out of the triangle, it can experience higher prices provided it can go past the resistances on its way.
The other possibility would be that it will start ranging inside this triangle and then resume its uptrend.
If the price goes out of the triangle it can touch higher prices which can be counted as a buy signal.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
YFI/USDT : retest on ATH's resistance BINANCE:YFIUSDT
Hello everyone 😃
YFI had a retest on last ATH's resistance and now it's bouncing again !
Current level will be good for it to follow and take advantage from it.
📌 It might retest this line again, Cause volatility and RSI levels are high...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
YFIUSDT is ready for breakout from the bull flag 🦐YFIUSDT is testing the daily support. If the price will have a breakout from 4h resistance and flip into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
YFIUSDT TARGET 58,000 BUY IN 43000 - 41000
SUPPORT 38000 - 39300
TARGET 58000
I expect to reach the target in 12 days or maybe earlier
New to graphing, only been a few monthsAnyone provide any tips on my rising channel? See if I can get better at this! Willing to learn
💡 Don't miss the great buy opportunity in YFIUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (40056.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. YFIUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 44823.0
TP2= @ 47153.0
TP3= @ 50044.0
TP4= @ 52807.5
TP5= @ 56637.0
TP6= @ 61747.0
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in YFIUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (40056.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. YFIUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 44823.0
TP2= @ 47153.0
TP3= @ 50044.0
TP4= @ 52807.5
TP5= @ 56637.0
TP6= @ 61747.0
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
YFI/USTD can reach to 57k - 100k ?For YFI/USDT, as I said on the channel, in case of breakout the yellow level YFI can rise to 43k - 48k - 50k , which happened very quickly and I could not publish its analysis here.
Now I think he can make a correction to the level of 40k to 43k and then move back to the retest resistance of 57k and goes to 100k.
It should be noted that the YFI / BTC chart has a positive correlation with the dollar chart, the analysis of which I published in the previous post:
YFIUSDTYFIUSDT market is bullish after breaking out of the consolidation phase and above daily resistance market has given us a nice correction to retest previous resistance as new support, during the correction on the 4hr timeframe market has formed this counter trendline which it is currently respecting still forming lower lower lower highs, we are waiting for a break above and change of structure, if we get a 4hr close above the previous high and above the counter trendline we can take the long on the retest.
yfi going to support zones one after other!in acordance with divergence in indicator and a need to correction this analyse shall be happen.
YFIUSDT is testing weekly resistance! 🦐According to my Previous Idea , the price is trying to have a breakout from weekly resistance. If the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
YFI Chooses to cool off for a bitWarning: our thoughts are ours; not financial advice.
Last week, we warned that YFI was at a level where it needs to either make a breakout or cool off.
Well, it seems to have chosen a direction; to cool off.
How bad can this go? $32,800.
