YFI usdt - pullback to previous structure then climb outYFI usdt - pullback to previous structure then climb out
YFI
YFIUSDT - Daily analysis YFIUSDT is printing a symmetrical triangle pattern on the Daily timeframe.
Possible price actions are indicated on the chart.
YFIUSDT: Fast Short Possible (04.01.2021)On D1, the price broke through the uptrend, after which a correction “zigzag” downward pattern was formed.
At the moment, a correctional "zigzag" pattern is also forming, but upward and on H4.
The downtrend border has become resistance for the price rise.
In addition, RSI (at H4) has reached the overbought level.
In our opinion, the price can test the 76.4% Fibonacci resistance level at h4 (28500), after which a rapid decline is expected to the 14000 level, possibly lower.
We recommend planning short sales of YFIUSDT in the range of 28000-30000 in order to take profit at14000, possibly lower.
YFI usdt - pennant to breakout past resistance level YFI usdt - pennant to breakout past resistance level
YFI/USDT BINANCE4H candles
The price movement expected to be inside the descending triangle.
Price breakout as path line shows.
Good Luck
It's about Time... To SELL BTC and BUY ALTSThis is basically as easy as "Doing the opposite of everyone else, and making more money than them".
We have BTC which hit 30k, and over. Everyones like, DANG bro, lemme get some BTC.
Meanwhile, Ive been over here selling BTC into Alts for the past week.
Alts are VERY low right now, compared to BTC. Get some at these prices, they are very good!
We could see BTC go higher and the Alts get better! But don't wait too long, youll miss out entirely.
Soon, the money will start flowing into LARGE CAP Alts, and then Mid Cap, and Small Cap. That is when you set your Sell limit. 500% -> 10,000% for some coins. Find which ones!
Great Pyramids of YFISome say it's a pyramid scheme. Some say it's the future. What say you? I have nothing invested in it.
YFI go up when BTC go down.
YFI went to 44K, i think BTC will go to 44K. Then dump.
When BTC dumps, YFI will go up.
IMO
YFI usdt will continue to 1d support & resistance bounceYFI usdt will continue to 1d support & resistance bounce
YFI usdt still down trending on the daily but push up to 4h ResYFI usdt still down trending on the daily but push up to 4h Resistance
YFI-3h. Critical point $21000 is in danger!The sharp rebound in the price of YFI on December 24-25 gave investors a chance for a new wave of growth.
Within 4 days, buyers formed a reversible pattern to break the critical range of $24100-24700 . The main buyer support for this scenario was in the range of $22000-22500.
At the moment, sellers have managed to cancel this pattern and test the $21,000 mark several times. Buyers do not have the strength to regain control of the $22000-22500 range.
In our opinion, there is now a high probability of a breakdown of the 21,000 mark. By doing so, sellers will be able to lower the price to $18,000 fairly quickly.
How important is the $21,000 mark? See our global YFI idea:
YFIUSDT_DailyPrice: 23390 USDT
Entry Level: 22805-23280 USDT
TP_LVL I: 29300 USDT
TP_LVL II: 32000 USDT
TP_LVL II: 36000 USDT
SL: 18590 USDT
Expected Return: 38.17%
Reward/Risk: 2.59
