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YFI

YFI 12h H&S Reversal Pattern and Possible Strong Price FallIt looks like the YFI price is facing dark times. On the chart, for the second time, a H&S reversal pattern is drawn. A few months ago, we were one of the first to publish the idea with the H&S on the YFIUSDT chart and it worked out perfectly. Now, again there is a threat of a sharp price fall. Below $22,500 there is still a level of $21,000, and then there is an emptiness up to $16,750. The volumes suggest that there is no interest in the coin. The only thing we can control in the market is compliance with risks. According to the TA canons, after the fall, the price must test the base of the H&S for strength from the bottom. However, the global targets for the figure fulfillment are in the zone of $11,500-13,000. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
4
SUSHI-4h. The target $ 3.5 remains relevant.The wave of falling SUSHI prices on December 19 led it to the liquid range of $2.26-2.33 . We wrote about this range in the previous idea . This range can be a solid foundation for new price growth to our $3.5 target. The current local fall wave adjusted the growth wave from December 11 by 61.8%. A rather deep correction may force the price to consolidate in the range of $2.26-2.33 for some time. The new BTC impulse will allow buyers to continue moving in the white triangle and test $3.5. However, whether the forces will push the price further - let's see in the next idea. ________________________________ 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_trade
9
YFI-4h. The next target - $31000.Our previous YFI idea from December 10 worked out . The sellers managed to break the $23,300 mark and test the lower trend line of the falling channel. However, there was clearly not enough strength to test the $21,000 mark. As a result, buyers quickly returned the price to the critical point of $26,700-27300. Buyers manage to establish themselves in this price range. Therefore, the medium-term dynamics of price movements indicates a test mark of $31,000 in the near future. The global target is $44,000, but more on this in our next medium-term idea. _____________________________ 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!
Long
by P_S_trade
14
YFIUSDT $34000 Long TargetLooking at the 12-hour of YFI, its at a crucial decision point on the verge of a breakout. If this breaks out of this downtrend to the upside, YFI is going to hit $30,000 and beyond to the moon 🌙 The downtrend is formed from the ATH at $43,562 down to the most recent swing high at $30,000. YFI has been creating higher highs and higher lows, both common signs of bullish momentum. There is a very good chance with the recent price of Bitcoin that YFI will follow suit and break out of this downtrend. Here are my TP levels going up: TP1 🎯 $30000 TP2 🎯 $32299 TP3 🎯 $34835 Eventually after YFI finds support at $34825, its going to come up and retest its previous-ATH at $43,562. Cheers traders let me know your thoughts
Long
by kyer
3
✳️Yearn.Finance/USDT Analysis (14/12) #YFI $YFIYFI is still fluctuating in a wide range of 20000-30000$ and has yet to determine its next trend. It is still too early for YFI to initiate a downtrend because the November's rally is so strong that it will easily continue this December. Just surpassing the 28000-29000$ zone, YFI can completely increase to 40000$. However, one thing we need to keep in mind is that the volume of YFI when oscillating at this top zone is decreasing and could form a Diamond pattern if YFI loses the 24000-25000$ zone, and it will fall to 18000$ zone. 📈BUY- LONG -Buy: 24000-25000$. SL B 📉SELL-SHORT -Sell: 28000-29000$. SL A -Sell: 38000-40000$. SL A ♻️BACK-UP -Sell: 24000-25000$ if B. SL A -Buy: 18000-19000$. SL B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
2
YFI Entering Buy Zone?My Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! ------------------------------------------------------------------------------------------------------------------------------------------------- ANALYSIS: YFI could be heading further to the downside w/ 9EMA crossover. RSI also reflects downside continuation, as it is finally completely exited the overbought territory.
by AB_Trading-Intelligence
1