YFI This analysis is for informational purposes only and should not be considered financial or investment advice.
The information presented in this analysis is based on my own research and is subject to change without notice.
The analysis is not a recommendation to buy or sell any specific cryptocurrency Stocks Or Forex, including This Pair.
Please conduct your own research and consult with a financial advisor before making any investment decisions.
YFI
Yearn.Finance expect + 68.78% profitAt the moment I open a "long" position on the trading pair Yfiusdt. I expect + 68.78% profit. Risk reward ratio: 4.55
The trading pair Yfiusdt is currently in a local uptrend and has come to its retest. The price is in a support zone and represents a good opportunity to enter a "long" position. The volume indicator is sufficiently unloaded, indicating the possibility of further price growth. The zone for opening a "long" position is in the range of 8448 to 7700. Partial position closure and setting a stop-loss at the breakeven level are possible when the price reaches 10190. The first local target is the level of 13953. The stop-loss should be set at the level of 7018.
Adam/Eve Reversal Formation at Falling Wedge BreakoutYFI has both broken out of its falling wedge, and formed an Adam & Eve reversal pattern at the end of that breakout, neckline already has a breakout.
Before heading to targets for either (targets on the chart):
- I'm expecting it to push just above the 200 day EMA, potentially near the halfway point to its falling wedge TP 1, or around 8800-9k
It will likely consolidate around the 200 EMA for a bit before moving on to higher targets, or failing to get above it and re-testing either top of wedge break or Adam/Eve neckline again.
Adam/Eve pattern could also be considered a cup & handle - targets would be the same in either case.
SUMMARY
- if we can eventually get and hold above the 200 EMA, short-term targets are the Adam/Eve TP 1 and 2, and longer-term targets are the falling wedge TP 1 and 2.
- meanwhile, look for a move above the 200 EMA to 8800-9k, followed by consolidation around the 200 EMA.
YFI (Yearn Finance) holders, massive potential (322%) coming!#YFI /USDT Update:
$YFI currently trading at $10527
Our CTT (Coinlion Trend Trader) told us to enter YFI at $6223 right after it crosses the falling wedge we had since January 2022.
We also have seen a golden cross recently 02/27/2023 ( bullish sign)
Our entry point (01 /13/2023) : $6223
Currently trading at $10527 (70% profit)
Target point : $19303 (322% profit)
What do you think ?
Please click LIKE button and Appreciate my work.
Coinlion Trend Trader indicator tells me
- When to enter short or long
- When to exit and take profit :-)
If you want it or my SL indicator or My Liquidity Support and Resistance Indicator, let me know.
Thank you.
$YFI/#BTC [#yearn.finance]: Resistance_Breakout◳◱ Hey traders, we've identified a Resistance Breakout on the $YFI / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.3241 | 0.343 | 0.3753 and the major support zones are respectively at 0.2918 | 0.2784 | 0.2461. It is a bullish indication and we may consider entering at the current price zone at 0.3441 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.3441 ₿
▣ 24HVol: 116.698 ₿
▣ 24hChng: 13.79%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.3241 | 0.343 | 0.3753
◢ Support: 0.2918 | 0.2784 | 0.2461
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.68 - Bullish
▣ Reddit sentiment score is 0.53 - Bullish
▣ In-depth YFIBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Second Attempt at Weekly Channel BreakoutYFI is attempting to break out of its weekly channel for the 2nd time, last time it failed but has since kept pushing on it.
Let's see if we get an actual breakout this time. First need to see it get and hold above the 200 day EMA, then targets come into play.
Otherwise lose the top of the channel and it may either push for a 3rd attempt, or it could swing back down towards channel bottom
This should show 3 touches on both ends, below:
YFIUSD Idea | YFIUSDTYFIUSD Idea | YFIUSDT | YFI vs US Dollar |YFI vs Tether
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✴️ YFI | Ready To Follow Bitcoin (Name Your Altcoin #45)It's been so long since I last looked at this pair... I used to trade it frequently in the past.
YFIUSDT is one of the "strong ones", we have a strong higher low in late December/early January vs June 2022 which gives away what we will see in the coming weeks.
The fact that the trading volume remains really low all throughout January as prices grow above multiple resistance levels and breaks a strong downtrend, signals that the best is yet to come.
When the big volume comes in, we will be seeing 100%, 200%, 300% or more in sustained growth.
This is a unique way to look at the volume signal.
We look at it within the context of the trend, just as we do with the RSI and other indicators.
Taking any of these signals in isolation can lead to mistakes and thus on a bullish bias, no volume can indicate that the selling pressure is not present and the bulls can easily move ahead, saving their ammo.
Once resistance shows up, high volumes comes in and prices can continue with their growth.
A higher high follows a higher low.
The main target right now is $19,800 but there can be more depending on how it all goes.
Better to be conservative and secure profits on the way up, selling in portions, one can always rebuy and reload at the time when corrections show up.
There will always be corrections, so it is wise to secure some profits when everything starts to grow.
Buy red to sell green.
Namaste.
YFIUSDT 1HYFIUSDT 1H
It needs to break through the slab at 7786, in order to get rid of the downtrend channel it is in. At that moment, the YFI hit the upper edge of the Keltner channel and retreat, being able to go to the median of the channel or to the lower band, this impulse retreat also by the RSI which already indicates exhaustion of the buying forces. Another support will also be the MM200 in the region of 7574.
Here are the supports and resistances in the 1H:
Main support levels :7664 / 7581 / 7507
Main Resistance Levels: 7791 / 7945 / 8247
YFIUSD: Bullish Consolidation Setup to Recover 3 Macro ZonesYFI right now is attempting to break above the zone it failed to break above before and appears to be heading into the level with much more strength than last time after a short term period of Consolidation. Now it is Broken above the 200 day SMA and getting ready to test the previously failed zone as support.
With this i'd expect it to complete a meaesured move of the Consolidation Flag, which would take it up 40%, after that it could pullback or be done; but the macro structure overall would kind of demand that; YFI in time, rise back up to $15,000 and maybe even $75,000 to complete the Squaring Up process.
YFIBTC - Case for Bulls Currently this red trendline is dominant and should be considered when looking at this chart, as the dominant trend is down.
Ill give it a shot at picking the bottom though. A higher low and subsequent double bottom is a good candidate for a potential reversal
The ABCD pattern shows my thought process when looking at this chart structure
If price breaks down when the red line is hit then the bears are in control, but if it does breakout I expect it to move to D
#YFI LONGMaybe im not good at explication but, i will try to do my best, here is another #long if he breakout the line at 8436, and come to retest that line on small TF (4H) you can take long, but only if it confirm you that and the trend gose up, after you feel free to put TP at 12335. The 200 EMA (cyan color) come close to that price 12335, mark your profit. I dont talk about ST cuz Im watching the trade closer, and lets say you can lose 10% or maybe a smaller lose then 10%.
Feel free to comment, here is just my opinion how I can manage this trade!
Have nice day all ... #btc #lfg