YFIUST trade ideas
YFI/USDT 1D 💵 #YFI/USDT
🟢 Spot (Midterm)
✅ Investment Recommendation
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🔵 Entry Range : 37000 - 33500 - 31500 - 28000
🔴 Exit Points : 39700 - 42800 - 43000 - 47500 - 52000 - 68000 - 93000
🛑 Stop Loss : No Need
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⚠️ Risk Level : 5/10
❌ Loss Rate : 0%
✅ Profit Rate : 180%
💲 5 - 7 % Of Total Assets
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🔎 Status : Open
Crypto|YFI/USDT|LongLong YFI/USDT
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
YFIUSDT ://ahhhh_my old friendbeen a while but we believe Yearn team is getting ready to make some nois again so unless u can take the time to deep dive on the curve yfi sushi and yearn eco system being built then this scare only 30k token is probably the way to go.
from tech view she looks like she will be rejected or run rite here. if rejected which looks more like;ly_ scoop the low 30k dips and start carving out a position if this is ur jimie jam. Personaly we only hold a very small amount of YFI _ we want some exsposure here (same with DOT and a few others not huge huge on but still respect)
rite now we heavy on
CEL ZKS ETH BTC
less but still heavy on
ADA ALGO VET
n some OMG BAND DOT YFI MATIC ENJ MANA
longer shots we hodl r
RFI
TRUSTSWAP
SUSHI
SNX
UNIUSWAP
1INCH
LIDO
OPIUM
DMST
UMEX or UMX now
DDIM
LINEAR_LINA n a few more
YFIUSDT (YEARN.FINANCE) - BUY ENTRY ANALYSIS 🔎
- YFIUSDT brokeout above the inverse head and shoulders neckline resistance and descending trendline resistance (DTR-1).
- The market then retraced for the retest of the neckline resistance, descending trendline resistance (DTR-1), key fibonacci retracement zone and ascending trendline support (ATS).
- The retracement was resisted by the descending trendline resistance (DTR-2).
- Price brokeout above the descending trendline resistance (DTR-2).
- This is a bullish signal.
BUY ENTRY ⬆️
- Conservative entry : breakout above the previous swing high resistance (R1).
- Aggressive entry : market price (now).
TARGETS 🎯
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support (ATS) and previous swing low support level.
YFI/USDT analysisWhat Is 🌟Yearn.Finance (YFI)🌟?
Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.
Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.
Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.
❇️Who Are the Founders of Yearn.Finance?
Yearn.finance is the brainchild of Andre Cronje. After leaving the iEarn project in February 2020, Cronje returned to oversee a rebirth, with new tools emerging and YFI going live in July.
❇️What Makes Yearn.Finance Unique?
Yearn.finance set out to simplify DeFi investment and activities such as yield farming for the broader investor sector.
The platform makes use of various bespoke tools to act as an aggregator for DeFi protocols such as Curve, Compound and Aave, bringing those who stake cryptocurrency the highest possible yield.
New features continue to be rolled out, these aiming, among other things, to help preserve the long-term value of the platform.
Yearn.finance makes a profit by charging withdrawal fees, currently 0.5% at the end of September 2020, as well as 5% gas subsidization fees. Due to its governance model, these can technically be changed by consensus at any time.
The target market for yearn.finance is investors who do not have the time to study the increasingly complex DeFi phenomenon from scratch, or who wish to optimize their returns.
By Confirming the math, Yearn Finance has a maximum supply of 30,000 YFI compared to Bitcoin's 21 Million. Therefore, YFI is very much scarcer than Bitcoin by a factor of 700
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✅TECHNICAL ANALYSIS
As we can see in the weekly timeframe logarithmic chart for yfi , The current price roam about 36,700 $,
We can draw two channels to keep the price in the range. It is likely to hit the bottom of the current channel and be pumped upwards, or even the lower channel, which can be considered as a stronger support. It will react.
The green areas also act as support that can be supported if the price exits the channel. Price targets of 80-90K are considered.However the next goal can be achieved if the DeFi market flourishes again.
Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, because Because this crazy market also depends on the odds and there is no certainty.
reference:coinmarketcap
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it