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YFI

UNII am long here. You know the drill, my analysis = BTC.D in free fall I am targeting 55% when all is said and done / possible 49% moon shot for alts. BTC should stay range bound allowing alts to catch up, now some alts have started catching up thats why I have ETH & XRP along with BTC in my chart as a comparison. Others not so much thats why I am long XTZ, UNI, ALGO. Not sure exactly how long this trade will take to play out but I am reviewing BTC.D always and the weekly looks like the Stochastic RSI is pointed down in a hard fast move also the % currently 62.6% is just below the weekly ema 50 , 100 meaning the alt bulls have applied much pressure to the BTC bulls. These 2 ema's 50&100 are a big deal and should BTC.D completely loose the ema's this week I think we can see real fire works next week & into Dec. I stay bulls on Crypto & Stocks for now. I also think we r in full blown mega Altseason :) Let's get it, riches can be made and lost quickly here guys. I will take profits once BTC.D is done dumping.
Long
by Big_Mike716
3
YFI - Testing A Key Support, Will History Repeat itself?YFI, everyone's favorite anomaly, is testing it's newly formed upward channel and the high liquidity area that has lead to multiple bounces in the past uptrend. MACD is still bullish, though weakening ever so slightly. priority is still up. RSI just left overbought, position is strong. This could potentially be a good opportunity to get in on the next leg up, lets see how it resolves this corner of the ascending channel. If we break the channel and support we're going back down to .236 fib area. If we can hold the channel it's an easy ride up.
by cryptosince1963
2
YFIUSD 4HR: How to play the near term correctionHappy Friday everyone, this mornings breakout my have been short lived, but as stated prior that upper purple line is our trend channel resistance. So what do we do now? A. Don't panic, and have a game plan. B. Novice traders will see red and fold on a strong hand, simply put, when my previous targets are reached its very important to take some profits off the table so you can increase your position on these corrective moves downward. C. As long as you follow this, when the trend resumes you will be more profitable upon a corrective reversal to the upside. Overall, we are still in the rising channel with a long term bullish outlook with the prior posts levels still in play. Near term, we will need to strategically increase our position with the cash we have on hand from the prior profits. YFI is a yield optimizing coin, it needs some sideways action before pushing higher. As always, feel free to leave questions in the comments, cheers! -Tony
BINANCE:YFIUSD
by TA-Tony
3
YFI 1D The last bastion of sellers' defenseThe previous idea worked out in a positive way. During the week the price made +50% , and in just 10 days of growth +90% . Having broken the "Head and shoulders" base, buyers announced their serious intentions. Now the price has stopped at the last bastion of sellers' defense, the zone $30,000-31,000 . It was not possible to break it the first time. The rollback to the Head and shoulders base $21,000-22,500 , and then it will be decided where further. The tradinf delta will show what prevails: sales or purchases, as well as the general mood in the crypto market, will tell where the price can move next. The global targets are impressive, as are the volatility on the coin: either $44,000 or $10,000. The main thing is to follow the algorithm of actions described above and adhere to it. ________________________________ 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 :)
by P_S_trade
10