🆓Beefy.Finance (BIFI) May-22 #BIFI $BIFIThe buying force exists at 600$ zone and BIFI has a big chance to have a recovery up to 1200$ zone. If BIFI can conquer the 1200$ zone, it can keep moving up to 1500$ and 1800$ zone in next June
📈BUY
-Buy: 580-620$. SL if B
📉SELL
-Sell: 1170-1230$. SL if A
-Sell: 1460-1540$. SL if A
-Sell: 1760-1840$. SL if A
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Bifi
🆓Beefy.Finance (BIFI) May-15 #BIFI $BIFIBIFI has 2 important support zones at 1000$ and 1200$, which can push it up to 1500$ and 1800$ in this May. If it could conquer the 1800$ zone, it will be very promising in June
📈BUY
-Buy: 1170-1230$. SL if B
-Buy: 970-1030$. SL if B
📉SELL
-Sell: 1460-1540$. SL if A
-Sell: 1760-1840$. SL if A
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
BIFI/BUSD BINANCEBIFI/BUSD BINANCE
4H hollow candlesticks.
One of the good projects that is still undervalued.
As the price comes to the end of this asymmetric triangle, a pump is expected to occur sooner or later as happened before.
MACD crossover bullish will confirm this.
Beefy.Finance Price (BIFI) = $1,582.20 +1.02%
0.02683 BTC -0.72%
0.4134 ETH -7.20%
Good Luck
CryptoHellas Team
Cup of BIFI broth?
An idea I have for BIFI.
Could it be forming a cup and handle? Still a little early to know for certain, but the signs are there.
Still wildly speculating here, but this sort of jump is not out of the realm of possibility.
BINANCE:BIFIBUSD
Where's the BIFI?A pet coin of mine as I love their platform.
Chosen by Binance as one of 3 most valuable builders in a recent competition.
Has good fundamentals and is one of the few DeFi projects that has yet to pump. Only 80,000 coins will ever be minted so can have prices similar to YFI.
Had a major drop when BTC corrected last week, but appears to be recovering now.
Market cap of 120M at the time of writing so high risk high reward as it could languish in obscurity or be susceptible to massive swings in price.
Would not be out of the realm of possibility for it to hit 1B market cap in the near term (almost 10x from where we're at now!)
You can see in the chart it has broken out of it's downward trend.
MACD is positive on the 4H (Looks to be nearing cross on the daily) and RSI is moving positive as well.
The nearest target would be it's most recent ATH near 2800. As for me I'm holding and staking for the long term.
BINANCE:BIFIBUSD
BIFI/BUSD BINANCEBIFI/BUSD BINANCE
4H hollow candlesticks.
One of the good projects that haven't pump yet.
Price breakout any time soon at the end of the asymmetric triangle.
Volume increasing.
MACD bullish trend continues.
Beefy.Finance Price (BIFI) = $1,346.81 - 4.27%
0.02447 BTC4.41%
0.4973 ETH9.48%
Good Luck
CryptoHellas Team
🆓Beefy.Finance/USDT Analysis (13/4) #BIFI $BIFIThe buying force is coming to BIFI and it may have a big pump in the next few days up to 2800$ zone
📈BUY
-Buy: 1950-2050$. SL B
📉SELL
-Sell: 2750-2850$. SL A
❓Details
Condition A : "If 6H candle closes ABOVE this zone"
Condition B : "If 6H candle closes BELOW this zone"
BIFIBUSD (BEEFY.FINANCE) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- BIFIBUSD is testing the ATL (all-time low) support.
- Price action is printing the double bottom (DB) trend reversal pattern.
- The double bottom pattern is a bullish reversal pattern.
- The downtrend is resisted by the descending trendline resistance (DTR).
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the double bottom neckline resistance (R1).
TARGET 🎯
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the double bottom horizontal support level (S1).
BIFI / BUSDWait the confirmation :
- Break the yellow triangle, Momentum, RSI
What Is Beefy.Finance (BIFI) ?
Beefy.Finance (BIFI), launched in 2020, is a yield optimization tool on the Binance Smart Chain that helps maximize the return from yield farming. Yield farming is the practice of staking or lending your crypto assets to a smart contract-based liquidity pool in order to generate returns or rewards.
The lender is known as the liquidity provider and the fund where the money is kept is known as the liquidity pool. Yield farming protocols incentivize the liquidity providers (LPs) to lock up their crypto assets in the liquidity pool.
These incentives can take the form of percentages of transaction fees, governance tokens, or interest from the lenders. Yield optimization is the usage of data analysis tools to maximize the performance of yield farming projects.
💡 BIFI/BUSD💡 Hello everyone, if you like my idea, follow me with likes and comments, I will also try to share the best ideas with you, Always do your own research before opening positions and always put stop limit.
💡 BIFI/BUSD💡 Hello everyone, if you like my idea, follow me with likes and comments, I will also try to share the best ideas with you, Always do your own research before opening positions and always put stop limit.
BIFIBUSD (BIFI) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- BIFIBUSD is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2, R3).
- Downtrend ⬇️: Horizontal support levels (S1, S2).
BIFIBTC BIFI soon breakout >So definitely I see triangle pattern on BIFIBTC pair, on breakout buy it and sell it on highest price of triangle, in other case it will go down.
Good Luck !
