YFI important momentGreetings amid the rise of the major cryptocurrencies, the defi hype has declined. And all eyes are on ether and bitcoin. I suggest to look at YFI once again to evaluate its global prospects for next 3-6 months, as the past idea is relevant but for more local work Total return on the idea with updates around 140%. Let's have a look at the daily chart first, we can see that price has formed a larger symmetrical triangle, with a base of 800%. The price is now at the upper boundary of the triangle. Although there is still a long way to the apex and it is possible that the price will return for another spiral to the lower boundary of the triangle. Also worth considering a possible repetition of the head and shoulders fractal, this bearish pattern has formed quite clearly at the moment. The next chart for the analysis of 4 hours, on which the upward channel was formed, and the local figure of the falling wedge. For the continuation of the movement in the channel, the price is hindered and cornered by the trendline of the main triangle. Operating options 1. Breaking through a triangle 2. trade inside the triangle from the boundaries when the local trend develops. Always use stop loss, and do not use trading leverage greater than x3. A trader should always have tomorrow. If you found this information useful, please like it and subscribe, so as not to miss anything. by Kirill_GaitanUpdated 220
YFI V2 - target 69420YFI has been lagging defi majors such as AAVE and SNX long awaited v2 yVaults have released and should propel YFI back to parity with AAVE and SNX Price targets: 50k 69.42kLongby nas-qntm113
YFI.USDT (Y21.P6.E2).Looking for an entry.StalkingHi All (ref.W.chart) YFI is coming along nice. In my previous post, I caught the breakout and cashed in the profits. Now revisiting the chart, I see it coming along nicely and if it plays out the higher high, meaning continues a macro trend, then I will be very interested once it breaks resistance and does the retest for the former resistance. Such charts or price action give lots of % on the support area as I stated. Look a my PARSIQ chart or the 1INCH chart, you will see the move there. Lets hope it comes along and more importantly we don't miss it. All the best, S.SAri. NOTE: The entry at the lower time frames requires its own strategy. This cannot be covered here as we don't know how it would look like at the time if or when it comes. PREVIOUS POST to this topic Longby ssariUpdated 141417
YFIUSDT 1/18/2021Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT ______ Technical Analysis Make an entry on a pullback 1D Bullish Divergence 4hR Bullish Convergence 1HR bearish divergence' targets finally setting on to motion _______ Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORTby Ryzen73
YFI setup - BUY a small bagWait for the price to come down to the entry zone (27-28K)Longby Crypto_FuenteUpdated 1
YFI analysisSupport for 32,800 is quite evident and after this attack we will see 36000Longby S_T_MR_S0
Keep an eye on YFIYFI make a great support here , it can move to top of the channel , take care of altsby MoeinForoughiUpdated 2
YfiYearnfinance trendline set from previous break and brought over to now.. seems to play like a violin..Longby CryptoChatShow331
YFI / USDT - Ascending UpdateAscending Update - I hope this chart follows Thoroughly checked and checked in all indicators, signs of ascent are evident.by MahdiAhadiRad2
YFIUSDT wants the breakout!$YFI.X is trying to have a breakout after bounced on daily support, If the price will have a breakout and turn the 4h resistance 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.Longby InkyGripUpdated 101012
YFI/USDT Bull RunDear All, I am sharing my personal prospective analysis for YFI/USDT on the long term run I could see that the last trend has been broken upside indicating a bullish upward trend that might need more volatility and volume to start parabolic rise toward ATH In the chart I have set three ATH horizontal line for highest high appeared in chart pattern (Head and shoulders) indicating (Highest High in Left shoulder, Highest High in Head and Highest high in Right shoulder). Referring back to the previous ATH that was created in an Head & Shoulder chart pattern between the dates (29-Aug-2020 and 5-Nov-2020) I could say that we will see something similar to current rally and it might take few weeks to enjoy it. To make it more visualized and easier for you i have taken Bars Pattern for the same dates and move it right on the first two candles since they broken the trend-line (Marked in Green Bar candles). To confirm movement of price upward i have used Fibonacci Retracement to indicate the price movements toward the following targets only if the daily candle closed above price ($31,781.41) were the heading price range would be targeting R1 $(40,073.62), R2 $(53,493.06), R3 $(66,912.50), R4 $(75,205.72) In Summary we might see price heading initial maximum price range toward Fib. Retrac. Level @1.618 and trend will move to a bearish zone that will reverse maximum price range toward Fib. Retrac. Level @0.50-0.618 between ($25070.69 - $28908.65) marked with Red Price Label that will be entry point for bull run toward ATH resistance ($43,966) that once breakout will create New ATH at Fib. Retrace. @2.618 = and then keep watching (Volume, MA, RSI) to confirm price movement toward next bull run targets R3 $(66,912.50), R4 $(75,205.72). Trade Safe, ensure you've your own study and targets before you jumped in. N.B. This is not a financial advise. The movements of YFI are dependant on the BTC and ETH in terms of dumping so you can watch them parallel as well. Personally with YFI/USDT short time frame trading aren't best choice so ensure you enter on lowest price range on bearish zone as that would be only long term investment in such coin. When the price is in the bull run set your personal target for Sell according to your study. Remember once you enter don't forget the Stop-loss just in case any negative news happened. Wish you all the best.by decimalBoa50339Updated 4413
YFI-4h. Buyers have a chance to test $ 43,000.A few steps were not enough for YFI buyers to test the historical high. After a grueling price consolidation at $30,000 , buyers were able to set a new local high of $39,930. Of course, this is good news. However, after 50 days of consolidation , buyers managed to grow by only 50% . If you look at the dynamics of YFI price growth from November 5 to 19, it becomes clear that buyers do not have enough strength for a new aggressive wave of growth. The YFI price has tested the upper trend line of the wedge , in which the price has been trading since the beginning of November. Buyers are now trying to consolidate above the previous strong level of $30,000. If buyers fail to break the $43,000 mark , the probability of a reversal of the growth trend and the test of the $20,800-22,000 range will increase significantly. The global level that YFI holds remains unchanged at $18,000 . Continuing the downward wave in the BTC market to the $26,000 mark will help YFI sellers test this mark. The situation is tense. You need to be extremely careful: __________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics! by P_S_trade4426