YFIBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
YFI/BTC, Daily time frame
As a consequence of leaving the red resistance line behind, the price has achieved a further rise. The chart shows a support area which can lift the price even higher. Contrarily, in case of an establishment below this support line, a decline to the lower support area is likely. Nevertheless, at present the price is struggeling with the second resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
YFI
WILL YEARN FINANCE STILL RECOVER FROM THIS FALL!? DAILY YFIUSDT🔍 Key points:
- Prolific developers Andre Cronje and Aton Nell have called it quits on their time in cryptoland on Sunday, according to a Twitter post that gave no explanations for the exit.
- Cronje has been described as the “godfather of De-Fi” and is best-known for his work on Fantom and Yearn Finance – the pair will be “terminating” over 25 apps and services next month, though it’s worth noting that those projects won’t actually stop operating.
- Their associated projects did not take the news well though. Fantom tumbled over 16% on Sunday to hit its lowest price since December 21, and Yearn Finance lost nearly 10% to its lowest close since November 2020.
and about that, what do you think!?
text source: www.tradingview.com
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
YFIBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price was supported at the support zone and now it can move down to the support zone and then break the resistance line and move up. If the support is broken, it will see lower prices.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Yearn Finance: A World of Painthis is a "governance" token, with a paralyzingly high per unit value ($20,000 and up)
the team has no regard for establishing traits to justify the YFI token to have any non-speculative value.
solutions may involve:
1. revenue payments to YFI holders
2. token split - to normalize per unit price in context of other altcoin crypto assets
3. compensation of revenue per participation in governance decisions
the software team building yearn finance are world class however the tokens are at face value nothing but monopoly bucks
i see a massive dead cat bounce rally happening soon, followed by a very slow and painful 2022, and price never returning to the doorstep for $100,000
YFI, is price going to breakout this resistance level? The trading range can be clearly identified on the YFI chart. The price is close to the lower limit of the trading range. At the same time, the lower boundary now acts as resistance. The price starts squeezing, this is a positive signal. In case of breakout of the level of the lower border of the range there may be a good opportunity to buy.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
YFIUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price hit the support zone and our Buy signal was issued. It is now fluctuating at the first resistance line. If it goes above the this line line, it can go up to the second resistance. If not, it will fall more and if even the the support line is lost, it can fall more.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
YFI - updatePrice completing the impulse down, clear 5 waves.
The trick is that the prior 5-waves advance to the upside is a wave C of a running flat, by mistake was labeled by some good analysts as the wave 1 (and a reversal).
I expect an attempt to reverse from the median line of the corrective price channel, need to break the wave 4 in the downward impulse and I will buy at the retracement, with a break-even stop later.
The move down - as a risk - may be just the first wave in a larger wave C, so mind your stops.
yfi long or short?Black Mountain Analytical Team:
yfi 3 possible scenarios
Wait for the price reaction to the area and zone.
We will wait for the price reaction to the Resistance line and the static Resistance range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
TREND LINE-Resistance area
Yearn.Finance - The First Cryptocurrency to Reach $100K?Based on my analysis of Yearn Finance's all-time wavemap, it is my belief that this cryptocurrency will be the first to break above $100K. Unlike the others the may attempt to follow, YFI looks as if it has great potential to reach AND MAINTAIN the ever elusive 100 K mark.
My buy limit is set and ready to go.
Where's your surfboard?
YFIUSDT- Trend Breakout!YFIUSDT (4h Chart) Technical analysis
YFIUSDT (4h Chart) Currently trading at $33695
Buy level: Above $33483
Stop loss: Below $30811
Target 1: $35390
Target 2: $37125
Target 3: $39200
Target 4: $41700
Max Leverage 3x
Always keep Stop loss
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YFIBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
we are in the 4-hour time frame. There is the the R2 line which supported the price two times but was broken on the third try. Now it has fallen down to the S1 zone. There is the R1 line which has rejected the price several times. Now it is ranging on the R1 line. There are two scenarios. One is that it will be rejected once more and will fall down to the S1 line. The other scenario is that it will break he R1 line completely and will move up to the R2 line and if this happens, you set a Buy order when the R1 line is completely broken. If it falls down to the S1 zone and stabilizes above the zone, you can set a Buy order there too.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
WHEN YEARN FINANCE(YFI) WIL HIT $94K SOONER THAN BITCOINYearn.Finance price prediction using simple price action strategy.
This video contains the fundamental analysis and technical analysis of YFI crypto token.
This technical analysis on yfi coin is done using price action strategy by Bitcoin Gorilla without any indicators implemented(zero indicator used) making the analysis very beginner's friendly
YFI Weekly Chart Looks INTERESTINGCheck out my other post for shorter timeframe analysis. ve(3,3) speculation .. Cronje making moves with KP3R and SOLID? .. asset classes in cypto are usually correlated.. YFI has been lagging while KP3R screams.. about to breakout from long term resistance.. target 4 BTC?!
If you really want to have your mind blown, check out the YFI/ETH chart.. previous ATH was 120+ ETH.. right now we're at 10.4 ETH post breakout on that chart.
Do your own research, not a financial advisor.
YFI ve(3,3) Speculation Been making higher highs and higher lows.. lagging the rest of defi as the monthly narrative following the BTC correction to 40k has shifted to FTM, Spookyswap ($BOO), KP3R which outperformed most (see previous charts), and Andre Conje's new ve(3,3) model which he's implementing on SOLID? and KP3R this week.
Follow The Cronje.
If Conje is implementing ve(3,3) on his new project (SOLID?), and he verified he's rolling it out on KP3R this week, there could be evidence for speculative accumulation occurring in YFI as well. He already made an amendment to the YFI tokenomics in late December saying he's issuing an aggressive buyback of shares using treasury funds (like $50m in the treasury.. big whoop), but I think a nice little play on this new emerging ve(3,3) bullish narrative could be YFI at 33700 here.
Local breakout little while back after a triple bottom formation , could also be an inverse head and shoulder if you want to count that middle wick, either way.. slightly bullish.
Overall.. not the most bullish chart I've ever seen but there is sufficient evidence that downside risk is relatively limited, Andre is active and YFI is lagging, and the underlying narrative is what we're trying to get exposure to here. Rising tide floats all boats.
If you want to speculate on ve(3,3) or long term breakout from yfi/weth pair which just occured (ATH was 1 YFI = 120 ETH), assuming maybe there will be correlation with KP3R/WETH which just broke from a long term correction / reaccumulation ) , I think YFI could be an interesting play. This thing usually needs a catalyst to move (news, tweets, partnerships)... let's see if ve(3,3) speculation is good enough.
Not a financial advisor, do your own research.