YFI is ready for Breakout Buy the coin when no body is buying it and when no body is talking about it. Dont buy anything which is already hyped up and is already 10x and 20x up.
YFIUSD
YFIUSDT Squeezing and Converging/Trading strategyBINANCE:YFIUSDT
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1H trend chart
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Long-term consolidation zone(pink rectangular) has formed a neckline and we can regard it as support zone now.
Price hit 37458.75 on 10/8, then keeps converging in a triangle formation, direction is still unknown.
So just wait for a break from this triangle, it might go up or down, but we tend to break it up because it's close to the support zone.
If the upper downtrend line can be broken out, trading strategy as below.
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Profit Targets:
a) 37458.75----Fib(1)
b) 39525.01~40360.63----Fib(1.272~1.382)
c) 42153.42-----Fib(1.618)
Stop losses:
a) 33284.69----Red horizontal ray
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💡Don't miss the great buy opportunity in YFIUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (33074.02).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. YFIUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 35050.55
TP2= @ 37510.70
TP3= @ 40701.10
TP4= @ 44013.91
TP5= @ 47181.85
SL= Break below S2
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YFI / USD - Falling Wedge Breakout on 4HTarget 1 - just above 40k
Target 2 - just under 50k
Also see weekly and daily YFI / BTC chart which has potential for much more upside should we reach the interim targets mentioned above on this pairing:
See related idea linked below.
YFI WILL GROWThe market is likely to rise. Do not miss the rapid growth of this currency. Out of the template. It will grow well. Targets are specified.
YFIUSD D1: 100% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
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YFIUSD D1: 100% gains BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: YFIUSD 1days/candle chart review
::: ABCD setup in progress
::: speculative setup
::: do your own due dill / use SL
::: currently ACCUMULATION MODE
::: point D is near 22 000 USD later
::: BUY/ACCUMULATE near point D
::: strong bullish chart for a BOUNCE
::: up to 100% gains possible later
::: short-term pullback possible
::: bulls wait for pullback
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +100% gains
::: details: see chart
::: FINAL TP is 45 000 USD / mirror S/R level
::: recommended strategy: BUY/HOLD after correction
::: best entry near 22 000 USD
::: TP BULLS +100% gains BUY/HOLD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/PUMP/45000
::: Sentiment short-term: BEARS/PULLBACK/22000
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Mega Long YFI 50% profitHi guys here, inviting and recommending to invest your savings in YFI to get 50% profit.
Personally I made a spot buy trade, to ensure profits I will place a T/P of 50%.
If you are going to open a futures trade, I recommend taking risks and not going over 10x leverage.
I recommend you to make this trade in Spot.
"With this shot, the bullet hits the target."
Let's see if YFI breaks out hereFalling wedge, break out and 40k is min target. Get beyond 40k, we could head towards 50. Fail to break out and we could head towards a new low in the low 20s. We stopped 3 times in the same area, with a slightly higher low each time. Chances seem good here.
Yearn has been correcting and consolidating for over a year now. If it's going to move again, it may be one of our first movers in this next push.
update 2021.09.18 ,The market is bullishupdate 2021.09.18
The market is bullish
update 2021.09.18 ,The market is bullish
4H: YFIUSD possible classic bullish divergence in progressAs above.
Looks like Classic bullish divergence of MACD and price action at least on the 4H time frame.
Will follow.
Good luck traders!
MY MINIMALIST CHART ANALYSIS FOR $YFI9.6.21
My Minimalist Analysis of $YFI
Indicated are key levels of support and resistance using small and large range boxes TO ENTER A SWING TRADE (Short - Long).
Watch out for patterns, EMA, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer: The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
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$YFI - LONG IDEAThere is a descending broadening wedge pattern seen on 1H chart of $YFI.
It can be a dip to long.
NFA
Good luck!
YFI / USD - Should revisit near 0.5 Fib @ ~52-54kSimple chart here - YFI completed a W pattern here when it broke its neckline and successfully stayed above it after re-testing multiple times.
I'm expecting a move that gets us pretty close to the 0.5 fib as shown on the chart, and targeting somewhere between 52-54k, may see some psychological resistance at 50k.
$YFI is breaking out with BTC pair$YFI is breaking out with BTC pair
Destination is specified in the chart.
Good luck!
NFA.
$YFI - Possible ScenariosWe have a bullish falling wedge if we consider white line in the bottom.
And we have a descending triangle if we consider yellow line in the bottom.
Any break-out or break-down scenarios are specified in the chart.
I'm with bulls :)
$YFI - Ready to pump again !I sent an analysis a few days ago and it reached the targets.
Again, we have a bull flag on 1H TF.
You can see the target on the chart.
Good luck !
$YFI - Expecting Bullish Move !$YFI is a lagging coin among the others, and we have 50MA goes above 200MA that is a sign of bullish move.
It's a possibility that we may never see below 30k again in the coming bull cycle.
Not Financial Advice !
$YFII Breaking outYFII currently sitting above descending channel resistance. Candle closure will confirm breakout.
If break out is confirmed, expecting a uptrend towards $5160.
$YFIUSDT - DivergenceHello everyone!
There is a divergence on YFIUSDT!
While the Relative Strength and the Volume is going down, the price is going upwards.
The explanation to this is that all crypto are following Bitcoin but at some point buyers would start accumulating their profits, hence we are looking to short it.
YFI Price Target for End of 2021 Current Bull Cycle #YFIEstimating YFI has bottomed in red shaded are, the next resistance level in yellow. If broken and turned into support, YFI could continue to run towards green price targets near end of year 2021. Blue bars are a copy of run from mid Nov 2020 to May 2021, right after last time dotted yellow trend line was touched. If run goes into early 2022, second price target range identified.
YFI Chart pattern buy - Falling WedgeFalling Wedge demonstrated on chart
These tend to break out bullishly very often
YFI Sell the breakdown.YFIUSD - Intraday - We look to Sell a break of 30932 (stop at 31707)
Pivot support is at 31000.
Bearish divergence is expected to cap gains.
A break of bespoke support at 31000, and the move lower is already underway.
Expect trading to remain mixed and volatile.
Our profit targets will be 28828 and 28228
Resistance: 32500 / 34000 / 34800
Support: 31000 / 30500 / 30000
