YFI/ETH Defi Summer 2.0YFI bagholder special. I fully expect YFI to outperform ETH this coming Defi summer 2.0. Looking to build a long term position around current price action. Signs of weakness below 20 YFI/ETH (many daily closes) I would look to close and re-enter lower.
Yearn
Bullish reversal on YFIBreak and close above the horizontal line could indicate a change of sentiment. May even look to enter on a retest of the horizontal line.
Larger diagonal break with volume would confirm. Setting a moderate target (green line).
All eyes on BTC.
YFI BTC - holding above EMAI remember when we were charting BTC price parity for YFI.
Maybe those days are long gone for Yearn Finance.
Still candles are holding above the EMA trendline for now after a slowdown of Bitcoin pricings.
YFI usdt - retracement after the $42k markAfter a strong climb back from it's early March lows to $42,000+ we see a retracement.
I don't think there will ever be a YDI/BTC price parity again, those days have gone for Yearn Finance.
Moment of truth on $yfi 👀💰😬Pretty big resistance here + all the fibonacci confluences explained in the last $yfi post below 👇
If we break this resistance, then we fly.
For now i think it's more likely we follow the path in red.
If this 12 hours candle closes like that in 3 hours, it will print a bearish shooting star which will most likely send us to the $20K area
you can trade $yfi on FTX exchange. 5% off fees for you if you register with the links below 👇
Yfi seems in for more of a bounce 👀Price action looks like an impulse wave down from the top after completing a leading diagonal in higher timeframe.
The bounce we had after this impulse to the downside seems too short in both price and time.
I expect more of a bounce before more downside.
The green area is confluence of 1/1 wave A/C + 0.5 / 0.618 retracement form the top + resistance level from end of wave 1 to the downside.
YFI BTC - Downwards trendYearn Finance against a strong BTC is suffering.
Falling EMA, expect to to see it fall to the 1d support off the previous market structure.
YFI usdt is really sufferingMassive drop on the 4h
Even the daily support and resistance is showing in the one hour chart!
SLight move away from the 4h support line.
YFI BTC - Will it break out of the downwards trend>?Good time to buy YFI if you want gains on btc.
EMA looks to be rising ever so slightly.
YFI usdt - break of formation for YearnDecent rises in the bear market.
EMA is still downtrending.
Will we see it reach those resistance levels though.
YFI BTC - YFI is really hurting!Over 45% drop in YFI-BTC pricing.
Falling EMA with no sign of letup from low trading volumes.
Now is the time to buy low cost YFI as it will eventually rise in parity with BTC!
YFI usdt - Almost a 36% drop in price from its highYFI is suffering in this bear market.
We see slight pushups only to be quashed.
Low trading volume.
Now is a good time to buy, because eventually it gains parity with btc.
YFIUSDT daily with strong bullish movement! New ATHTechnical analysis regarding the price of YEARN FINANCE in relation of dollar Tether for the next scenarios, based on daily movement.
Very strong cryptography with solid principles and bases to position itself over the long term!
Analyzing the current scenario, I believe that you will be able to reach these price levels, making new ATH.
Rising tops / bottoms in the daily period giving us indications of a strong upward trend. Moving Averages taking parallel spacing and that of 34 periods supporting the price ~just look at the graph.
We will see YEARN FINANCE with new maxims in these next moments! (projection of channels using Fibonacci, which he respects a lot)
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. 🙏
$YFI/BTC 2D (Binance Spot) Symmetrical triangle break and retestYearn.finance is accumulating for next big move upwards I believe, let's start filling a bag here!
Current Price= 0.74025
Buy Entry= 0.74040 - 0.68540
Take Profit= 1.12290 | 1.85740 | 2.65770
Stop Loss= 0.54840
Risk/Reward= 1:2.5 | 1:6.98 | 1:11.86
Expected Profit= +57.62% | +160.72% | +273.06%
Possible Loss= -23.02%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2880h
YFI usdt - Climbing EMA but falling support levelsEMA is climbing on the smaller time frames.
Trading Volume is good. But with this downtrend all support level prices have fell.
YFI BTC - strong BTC pricing is forcing down the YFI priceYFI BTC - strong BTC pricing is forcing down the YFI price.
Will fall to previous structure.
Falling EMA, good trading volumes though.
YFI - SR flipYFI closed above resistance and its now retesting it
If it holds as support, the target is in the chart
Risk: 1.5%
YFI BTC will trade around the 1h resistance & Support levelAfter blasting past 1btc parity, YFI calm to a lower level.
We'll see it trade in the 0.8 - 0.9 btc levels this week.
YFI BTC breakout to upper timeframe resistance levelsExpect to see strong yearn action this week against bitcoin with levels on parity.
Some good gains to be made here.
$YFI - Grayscale pump or Olaf to jailWill forgive Polychain for their financial crimes if they push it to $100k
Greyscale trustfund blablabla
YFI BTC - yearn looking to hit parity with bitcoin Slight resistance below the 1btc mark.
Expect to see a push to parity with strong EMA.
