Looking at THESE signals for reversal and next levels of support*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
YFI
✳️Yearn.Finance/USDT (26/10) #YFI $YFI #YFIUSDTYFI is in the strong support zone at 12500-13500$ and this zone has resisted the decline of YFI several times.
However, after touching the MA20 in the 1D frame, YFI formed a Doji candle, signaling a breakout of the 12500-13500$ support zone. If this happens, the heading target for YFI would be 9700$ or even 4000$ zone.
However, if YFI bounces back and breaks through 16000$, we will buy it back and target the zone at 29000$
Update on EASY-ETH setupPrice went to the top of the channel. Coincidentally this happened to be the $10 mark.
I'm expecting a retrace to previous resistance turned support at 0.02 eth.
I'll add on to some more EasyFi at that level with a higher target of $20, which would take the project to $10 mn mcap.
YFI. We are waiting for correction continuation at $9250-9750.Our pessimistic forecasts regarding the YFI fall came true.
After we published the previous idea , a two-week fall began without corrections.
The price decreased by more than $17,000, or in 2.5 times, the fall was about 60%.
As soon as the price reached the red zone, there was a rebound, which is now 50%.
Just phenomenal volatility)
Now the price is in the critical range $19,000-21,000.
From this range, in case of positive news absence, we expect a new wave of fall in the range $9250-9750.
Of course, now it sounds like unrealistic numbers and everyone is already tuned in to see the historical high update ... Well, we are ready for criticism and will gladly talk with you in the comments!
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YFI Is Dropped 54% And Still More Drop AheadHey friends, hope you are well and welcome to the new update on YFI token.
As in my previous post, I told you even I warned that the price action of YFI token can be crashed upto 90% more. And sofar it has dropped more than 44% in USD market and 54% in Bitcoin market.
Below two basic reasons were base of my prediction for the drop.
1. The formation of the head and should pattern.
2. The formation of final leg of bullish butterfly pattern was expected YFI token in USD market and in Bitcoin market as well.
Formation of bullish Butterfly in USD market:
Formation of bullish Butterfly in Bitcoin market:
At this time it can be observed that the priceline of YFI token has last support at $4684 in US Dollar market as below:
At the same time the price action of year.finance has the Last support at 0.40140 in the Bitcoin market as below:
On the 12 hr chart the price action of YFI token has also formed a double top and turned more bearish.
On daily chart it can be observed that the MACD is turning bearish and the Stochastic has given bear cross. And EMA 10 has formed bear cross with EMA 21. Now even though the priceline has entered in the potential reversal zone of bullish Butterfly but we can wait for EMA 10 to cross up the EMA 21 before placing our buying orders. And also wait for the indicators to give bullish signals.
Conclusion:
The YFI token is very strong bearish and can move more down from here but at the same time it is in the potential reversal zone of butterfly as well. Therefore we need to keep an eye on different indicators and signals carefully before placing the buying orders. Because even though the bullish Butterfly can produce upto 1600% big bullish rally but the potential reversal zone is also very wide.
yfiiusdthave big bang in altcoins yfi and yfii seller in this price is big loser reall price is 7000~14000 in yfii total is 400,000,000,000$ total 2 148,000,000,000$ yfi markert cap 400,000,000$ YFII IS 65,000,000$ TOTAL NUMBER YFI IS 30,000/30,000 YFII 40,000/40,000 WHY DFI MONEY? best network for sent and recive coin polic dont can find coin sender or riciver in yfii or yfi network wanna have 0.15 btc than 21,000,000 or 1yfii than 40,000 new technology ,yfii coin like dimond and gold ,this coin dont have bilyon number like dgb or doge or trx ... please study and work with brain fall reasen is website margin lequid ,dont sell big bang is near
YFIIUSDTBINANCE:YFIIUSDT brokeout below the descending triangle support as expected from my previous analysis. RSI pattern breakout confirmed the sell entry.
Can it reverse and avoid this VERY bearish pattern?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
YFI in a Daily Falling wedge .YFI is in a daily falling wedge that has a bias to break to the upside and can often change trend, which is currently downtrend.
First target is $21,100 (43%)
RSI has bottomed and is giving slight bullish divergence, MACD has given second buy tick today, confirming a buying a wave. As long as Bitcoin doesn't drop below $12k this setup should go well.
Good luck!
Tibor
YFI Is Ready After a wonderful short call earlier in the month I am now going long with YFI.
Everything is looking nice in the market and YFI completed that head and shoulders drop of ≈ 43%
There is a nice divergence with the on balance volume and I wouldn't be surprised to see that go up to the 29k mark before the month is out.
IF 29k is reached one could expect to see the price of YFI move up 70% and maybe more.
Have fun trading and don't forget your stops!
This is not financial advice.