YFI/USDT : Bullish crossover on EMA 100 & 200 BINANCE:YFIUSDT
Hello everyone 😃
YFI had a Bullish crossover on EMA 100&200 on 4H TF,
But on other side we have two potential double top.
As YFI is above EMA 100, it's Bullish.
MACD is Bearish now and Stochastic is going to retest lower limit, Also Volatility is Bearish !
🔴 IF Bitcoin can maintain its current price levels And consolidate longer so the altcoins may have the chance to rally up again.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
YFIUSDT trade ideas
YFI.USDT (Y20.P6.E1).PART 2 Hi All,
This is just continuation of today's post, link below for more details and TA to work out TARGETS and Resistance levels.
Note> Previous post, I used COINBASE and this one is based on BINANCE, no particular reason.
Also we are hitting the 0.618 fib level as per my chart so a slight pause before continuing the upside.
All the best,
S.SAri
PREVIOUS POST TODAY, if you follow me you might have seen this post in time otification to jump in.
✳️Yearn.Finance/USDT Analysis (25/12) #YFI $YFIYFI has rallied sharply from 18k$ zone as our previous analysis, however the buying force is not so strong that it needs more time to prove its upside.
I think it succeeds in re-retesting 22k$ zone to continue up to 27k$ and up to 40k$ in January. This is a very strong zone and the possibility of a breakout is not high.
📈BUY
-Buy: 22k-23k$. SL B
📉SELL
-Sell: 38k-40k$. SL A
♻️BACK-UP
-Sell: 22k-23k$ if B. SL A
-Buy: 16k-17k$. SL B
-Sell: 16k-17k$ if B. SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Daily analysis of YFIUSDT - price projectionMy speculation as to the price of Yearn Finance for the next moments, based on the daily movement.
The Yearn Finance price has broken through a region of major resistance.
It formed a graphic pattern (symmetrical triangle), so we took the expansion from the beginning of the channel and projected it in the break. We will obtain the 1st level of TAKE (green line), believing in this winding upward movement.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only ***
Crypto|YFI/USDT|Long and shortLong and short YFI/USDT
Activation of the transaction only when the blue zone is fixed/broken.
Working out the local support and resistance levels of the triangle.
The breakdown of the upper blue zone - long.
Breakdown of the lower blue zone - short.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Blue zones - activation zones.
Green zone - take zone.
The red zone - stop zone.
Orange arrows indicate the direction of the take.
Red arrows indicate the direction of the stop.
YFI - Looking Abnormally Weak in a Bullrun Market, What's Up?My last YFI call was not an overwhelming success, to put it mildly. But we win some and we lose some, that's the game we play isn't it.
So let's take another crack at it. YFI is looking really quite weak even with the rest of the market going absolutely bananas. This is I suppose to be expect, YFI being a high value coin isn't going to be bought while BTC is taking off.
With that said, the RSI is surprisingly close to overbought, and we're struggling to stay on the previous up trend line as a psuedo support/resistance at this point. Clearly doesn't know whether it's coming or going.
I suspect we'll see a pullback next week, people taking their gains from the market before xmas so they can enjoy their holidays. I'm looking around the yellow area for a potential bounce play. SL would be below the current support area, giving us a really good R/R as the potential upside for 2021 is ATH+, or 100%+.
DeFi is gonna go nuts in 2021, and YFI is the flagship in many peoples eyes with it being the highest value (though the merit of that claim is debatable).
This is not financial advice. Do you want some financial advice? You're not getting it here. Sorry. Not doing it.
DECISION TIME YFIIt’s decision time on the daily time frame. Which means a huge move coming. Currretly long 2 YFI from 23800 and trying to build a 150k position. Will add on 3 more once it breaks resistance. Stop at entry .with the current market looking very bullish and momentum good, it should rip