YFII/BTC Fibonacci TradeYFII/BTC appears to be presenting a very good entry opportunity.
In the shorter time frame, it is consolidating at the 0.236 on a leg up.
Given that this is the second leg up, above some previous resistance
levels. This is a continuation pattern and a bullish sign.
On the daily time frame, we can see that it has been making higher highs
and higher lows for over a month, with increasing volume. This is another
very bullish reversal signal. It has also successfully closed 2 candles above
the 0.236 of the downtrend it is recovering from. Its last resistance before
a reversal is fully confirmed appears to be around 0.07180 which is a
resistance from several months ago. However, it has wicked above this
level twice, suggesting that the resistance is weakening.
An ideal first entry on this strategy is around the 0.236 of the recent move up,
which is at 0.06667. Given that the last few candles don't look hyper bullish
at the moment, it is a reasonable entry to buy at and wait.
Some additional consolidation may occur in the next several days on the
shorter time frames, possibly reaching the 0.382 fib or 0.50. These would
be buy opportunities to DCA and/or sell on the bounces that are likely
to occur if these levels are reached. Howevever, given the current bullish
state of the market and that this is a DeFi coin that hasn't pumped yet,
I remain bullish on this chart.
Yfii
long for to the moonFor those who missed Earlier entry in YFII
It is possibly the best performing asset in the coming weeks.
Current in an uptrend and making a squeezing triangle,
the best entry would be after the breakout and rebound around 3450-3475 range,
stop-loss cant be determined now.
t1 - 4000
good luck
DFI.Money (YFII) vs TetherUS (USDT) Targets Up To $8,600YFIIUSDT (DFI.Money) is looking really good now that it is trading above the Nov. 2020 peak price. This resistance level was conquered yesterday (yellow on the chart).
Today we are having a continuation of this move and the next target is sitting at $3880.
We also have $5685, $7487, and $8600 depending on how things go, but it looks like this can go on for long.
The $2300 - $2700 price range should work great as support if prices drop and consolidation needs to take place before moving higher, this is the main support level followed by $2000.
YFIIUSDT is looking bullish as well as YFIIBTC.
Thanks a lot for reading.
Namaste.
DFI.Money (YFII) Prepares For Another Jump!YFIIBTC (DFI.Money) is preparing for another strong move in the coming days.
We have prices now growing above EMA50 after conquering it yesterday and now the YFIIBTC bulls have all the technicals on their side.
We have bullish indicators, MACD and RSI, prices trading above EMA10 and EMA50.
Increasing bull volume and the entire altcoins market bullish as well as Bitcoin with more to come.
YFIIBTC won't stay behind, this altcoin pair will also grow.
Namaste.
DeFi crypto markets and why you should invest in themThese charts show an indication why you should invest in DeFi crypto currencies. Here we have 5 different DeFi coins and as you can see they all are following a similar pattern, that being AAVE. The charts are all 1day log charts.
We investigate further into each coin below, starting with the main pattern, AAVE.
AAVE - Came onto market and like most of these coins decreased in price. It was at around $50 and dropped to around $0.34cents before a huge pump up to to $350 USD.
If you look at the EMA's and MA's on the chart you can compare them to the other charts to see they are very similar in how the market reacted. Once the candle crossed above the MA 144 (white line) shown where the white down arrow is it went on a nice move upwards.
BAND - Has crossed the indicator mentioned above as shown where the white down arrow is. Target is the yellow horizontal line.
YFii - As you can see on this chart it has not crossed the MA 144 (white line) where the purple down arrow is. Good time to get in as it looks like it is squeezing between all the MA and EMA's and a nice build up on the LMACD on it's way to 0 and above. Target is the yellow horizontal line.
UMA - Has crossed the indicator mentioned above as shown where the white down arrow is.
CRV - Has crossed the indicator mentioned above as shown where the white down arrow is. Target is the yellow horizontal line.
Happy trading legends!
HTBB
Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member.
YFIIUSDTYFII has not pumped like other coins and thats an advantage of getting the profits this coin can make for us and has breaked the resistance holding the charts value, if the chart does not get back in the previous channel and break its current support, the chart is able to see wonderful prices for this coin and give all the investors what they have been waiting for
$YFII will move now and then!as the price broke out of the upper line in previous triangle, which experienced its first touch on sep 2020, its possible for YFII to move up to 3000-4000 price channel. so as price pulled back to $1850-1950, I'll buy some more YFII and wait till it reaches first key resistance level.($2650-2750)
I think if the price couldn't break out of the resistance level, it has supports on $2300 and $2000. so its possible for price to face some more demand and head up to its so called targets.
Entry: $1850-1950 (more or less)
TP: on chart
whats your opinion?
yfiipt1 is ath
if through that can double again to pt2 end of cycle would not too fast in my oppinion
YFII Breakout Setup | S/R FlipYFII Cryptocurrency token price at resistance breakout above 2650 $
Buy the breakout above the 2650 $ and hold after S/R Flip price can easily touch 3500 $ in short time
Buying here small amount at resistance will buy more after the breakout of 2650$
Stop : 1300 trail stop
Target : 3200 , 4100 , 5000 , 7200
YFII analysis targets projection and fibo YFII price targets at 1 projection and -0.618 (1.618 revers).
1st blue projection target
2st red -0.618 retrace resist
Then :
1. STOCH : 5 3 3 , wait momentum oversold
2. MA : 90 (blue) below candle white (expectation after close 1D)
3. VOL : Positive (+)
4. Fibo. retrace : Golden
Thanks
NOTED : not 100% and wait for elon ? 😂 nono 😂😂😂
YFII is getting ready - Keep an eyeKeep an eye on this range as soon as it breaks YFII too will be on rocket to 7K
DFI.Money (YFII) Looking Better Than Yearn.financeThis one here, YFIIBTC (DFI.Money) is looking better than yearn.finance for a short term impulse move.
We can see that for the past 10 days we have mostly green candles.
Prices are now trading above EMA21 with EMA50 being the next target.
We came out recently out of a downtrend, and now we have a strong RSI.
This one can easily jump at any time...
Previous chart: (9-Jan.)
Thanks a lot for reading.
Remember to hit LIKE!
Namaste.
$YFII/USDT 6h (Binance Futures) Symmetrical triangle breakoutDFI.Money is retesting the broken triangle, I expect a bounce here, let's swing!
Current Price= 1769.2
Buy Entry= 1748.2 - 1705.2
Take Profit= 1960.6 | 2227.6 | 2449.2
Stop Loss= 1596.4
Risk/Reward= 1:1.8 | 1:3.84 | 1:5.54
Expected Profit= +27.10% | +58.02% | +83.68%
Possible Loss= -15.10%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 360h
YFII the little brother is ready - Altseason 2021YFII is a coin of great interest. Its the little brother of YFI, one of the DEFI leaders that will also shine soon.
In my opinion YFII as bottomed out on the daily.
I know its hard to keep up with all those coins looking so juicy and i get asked a lot : how do you invest in all of them?
Simple : when a I own coin pump (XVG, SC, FET, SXP this week), I sell 1/4 or 1/3 of the position at the 1st target on chart.
That way i get money to invest in the new findings that DIDNT pump yet.
Targets on charts may take 2-4 weeks to complete in my view.
Trade safe!
🆓DFI.Money/USDT Analysis (2/2) #YFII $YFIIYFII is moving in a Symmetrical Triangle since October 2020 and what we need to do is wait and see from which side YFII will break out of the pattern.
If YFII conquers $2200 zone, it will breakout from the downtrend and strong buying power will help YFII increase strongly to $3000 and $4000 in this February.
But if YFII falls out of $1500 zone, it will fall very hard to $800 or deeper
📈BUY
-Buy: 2100-2200$ if A. SL if B
📉SELL
-Sell: 2850-3000$. SL if A
-Sell: 3800-4000$.SL if A
♻️BACK-UP
-Sell: 1500-1600$ if B.SL if A
-Buy: 800-900$.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFIIBTCHas come above 2h MAs again after that BTC drop. As long as it doesn't fall down from 2h short lines, it can still look good.
YFIIUSDTHello friends, I am Mustafa (Mr.MB)
The YFII currency has been stabilizing the support area and it is a good thing that I expect a technical
YFII in troubleI was hoping for the completion of a cup and handle, but YFII dropped with ETH and BTC dropping and is continuing down even as ETH and BTC moved back up. This a very bad sign in Alts. YFII also broke down from the big channel and is following a downward channel. RSI has plenty of room for downward motion.
Must monitor for a couple days to see if downward trend is established.
YFIIUSD in a rangePrice has been in a range since October 2020. At the moment price heading to test resistance of the range after forming a double bottom.