YFI
YFI / USD - Double-Top / Double-Bottom or ContinuationYFI has two possible directions here, either continuation within a bullish uptrend channel that takes us towards 60-61k, or completing its 2nd set of Head and Shoulders and forming a double-top, and creating a potential double bottom buying opportunity.
Volume has been going down while price has increased, and RSI & MACD are showing a bearish divergence, yet RSI is reaching low enough already to consider another move up while MACD is also capable of going in either direction.
Other the other hand, the BTC pairing is forming a wedge where it recently lost a support after 3 tests and a 4th break, (top horizontal yellow line) and it may head back up to re-test the bottom of that before heading down and testing the next support level (2nd line below):
Let's see what happens from here :)
Elon Musk Reveals He’s Accepting Dogecoin Possible Tesla invest!Hello friends,
I hope you have got a great day, and we from @WATCHTREND do the next update:
We have seen that the most markets are bearish depending on INDIA fud news. yes they are planing, but there is noting confirmed.
We know markets go up and down. but we look in most time long term trend. also for us Doge investements.
AND TODAY I will inform you that Elon musk have tweet about to accept Doge for NFT. He dit share that on twitter.. this makes me making this update.
For more details check youtube: www.youtube.com
I expect that Tesla can do a new invest in Doge - it looks crazy, but i expect this chance are above 60%. i will tell you later in other update more about it.
Tesla have invested before 1.5B into Bitcoin, as elon best coin Doge - it can do the same. and in other way its only about time before Elon come outside with the news ; we from tesla accepting Doge - i know its now an expecting.. but he dont say for noting hodl doge. i know also that elon musk make more funny things, but after my study about Doge, i still he are really interest to make Dog large, as he even want to place it on coinbase.
# I HAVE SAID IT ON TIME. THAT ITS POSSIBLE WE WILL SEE A NEWS FROM TESLA ACCEPTING DOGE, OR IN BETTER TIMES TESLA INVEST IN DOGE.
# DOGE NR 1, AND PLACED A NEW ## ORDER.
@ For us personally every time doge go below , we upload more orders, as we believe in long term increase.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
YFIBTC - Possible Bullish PatternThe YFI/BTC(Yearn.Finance) is forming a bullish RSI divergence like it did a few days ago before its ~25% increase which indicates a trend reversal.
For safer short term trading, wait until the 50MA & the 200MA make a golden cross on the 30minute/1hour chart.
If YFI breaks below the bottom fib level, I will expect further downward movement. I will be watching the fib levels for support and resistance if YFI begins to trend upwards.
WE DiD AGAIN NEW ORDER NOW TOTALY 1.5m DOGE 0,10+ AREA TARGETHello friends,
And we adding right now a new order on Doge of 500K doge with totaly 1.5M DOGE
WE expecting a huge increase depending on more trends, we are 24/7 following the trend, and did our order since now.
DOGE HYPE CAN START ANY TIME, AND WE ALREADY SEE ONLINE THE FIRST SIGNALS.
Doge looks great to breakout the next level.
# know that even if btc breakdown that Doge can get the expecting breakout - we have seen this before at price action, we see in most time a trend as the TDL effect. means a huge candle to the target.
Have great times with doge
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
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.
WE BUYING EXACTLY NOW 1,000,000 DOGECOINS -THE GOLDEN INCREAS!Hello friends,
Exactly now at 0.055 we buying a order of 1M of dogecoins. maybe you will ask why we do that?
We expect a huge breakout on this coin next time - as the trends look stable, its making ready for a - re-entery trend.
We have study the volume trends + ofcourse our friend ELON MUSK - where the most take a watch into it.
Those know us, we dont just hype a coin, but we enter only if we have 80% chance trend will increase.
We did change our profile to dogecoin + we did invest since Today 1M dogecoins.
# Dont do the same if you dont any have any risk management. as you know trends go into lines.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
# we did this before same with SKL SKALE NETWORK FROM 0,29 to above 1 usd in max 4 days. beacuase of good study working into the trend.
In this update:
ELON MUSK SPACEX First PAYMENT POSSIBLE DOGECOIN and this are ..Hello friends,
Dont take this as news or trend - its only a possible expecting from thinking depending on Elon musk Meta-Mind, there are still not confirmed detials about this News, i did got some reply today about that elon musk are so crazy that he would use DOGE COIN AS first payment of SPACEX by known person who follow elon musk for long time and writte about him, and if this happend, Dogecoin will explode. in this case i agree with him totaly. its a possible way of thinking. and when i did check most tweet of elon musk, and did add some study trend, i came to the same results that this would have big chance to happend.
You know we should trend and think before the news , why would ELON musk add so much on twitter and believe so much into doge, if its just for not long time goal. i will be not socked if we see soon the news that Doge coin will be use for SPACEX PAYMENTS.
# Again this are not a confirmed news - but its a possible rage, that Elon Musk will do this. he dont twitter for noting so long time about this coin, just check him twitter.
I just have made you to think about this, and its not to an taking action . as you know we should always think before the News. there are trends that shows Doge coin are very interesting by ELON MUSK and nobody can say its not true.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
DOGE FROM 0,055 to 0,10 The Golden order with ELON MUSK EFFET!!Hello friends,
WATCHTREND NO 1 coin at this moment with expecting long term 100% profit.'
we are going on a doge adventure and maybe you also.
We expecting breakout to 0,10 at long term trend, but in short term also possible.
There are very high trends on doge that we choice this as bes t NO 1 at this moment.
For our before update SKL we did just need 4 days, and trend did increase more than 200%
after us update from 0,29 to above 1 usd.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
HUGE BREAKOUT ON WAY BY DOGE - BE THERE AT TIME A PUMPED TREND!!Hello friends,
Depending on my expecting Doge will pump with a huge breakout. later more about it
There is some trends shows that doge about breakout. and maybe even more than 20% increase.
# Some Btc transactions about to move also to doge it looks we will get overflow effect to Doge!
As always we have said it at time.
# its even possible that we can get the new ELON MUSK pump what we have seen before.
Signals on trends shows very interest and volume breakout.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
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
🆓Yearn.Finance/USDT Analysis (11/3) #YFI $YFIYFI is still in accumulation phase and has not pumped strong yet so at the moment, YFI is still very promising.
The 35000$ zone is a good support, which YFI has conquered 4 days ago and a rally may start over there.
The expected target for YFI in this March is 45000$ zone and 65000$ or 95000$ zone in April
📅EVENTS
👉Mar 17 : BitMEX Listing
📈BUY
-Buy: 34k-36k$. SL if B
📉SELL
-Sell: 44k-46k$. SL if A
-Sell: 64k-66k$. SL if A
-Sell: 93k-97k$. SL if A
♻️BACK-UP
-Sell: 34k-36k$ if B. SL A
-Buy: 24k-26k$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFIUP : Targeting 2000% in 65 days #YFIUPUSDTI know it it is hard to see the Future - But is it so Difficult to Imagine it?
#YFIUPUSDT
Targeting 2000% in 65 days
Long term HODL
#YFI is the new CRYPTOKING
#Binance
<> Not a Financial Advice.
🔥 YFI Massive Bullish TriangleYFI has produced a massive bullish triangle over the course of a few months, which has started at its inception. This trade is based on a break-out of this triangle.
Before entering this trade wait for the price to touch the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!