Look at this chart, pretty interesting. Yearn-Finance has been on a major downtrend since May 2021. In July 2024, price action went flat, likely the bottom.
➖ After such a strong bearish cycle, a bullish wave could be huge.
Since we are seeing bullish action now after more than three years of bearish action, we can expect at least 2-3X from this move. Since this is more likely than not a reversal, then even higher is possible.
We will keep it simple as I just wanted to call this pair to your attention. Maybe it turns out into a good opportunity.
➢ Potential can go beyond 1,000% long-term.
This can be approached in two difference ways:
1) With a tight stop: Very low risk with a high potential for reward.
2) Long-term hold accumulation: Buy. If it drops, buy more. If it drops, wait/buy more; forever...
Namaste.
➖ After such a strong bearish cycle, a bullish wave could be huge.
Since we are seeing bullish action now after more than three years of bearish action, we can expect at least 2-3X from this move. Since this is more likely than not a reversal, then even higher is possible.
We will keep it simple as I just wanted to call this pair to your attention. Maybe it turns out into a good opportunity.
➢ Potential can go beyond 1,000% long-term.
This can be approached in two difference ways:
1) With a tight stop: Very low risk with a high potential for reward.
2) Long-term hold accumulation: Buy. If it drops, buy more. If it drops, wait/buy more; forever...
Namaste.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.