Yearnfinance
#YFIUSDT #2h (OKX Futures) Descending trendline break and retestYearn Finance printed a morning star then regained 50MA support, seems about to make another impulse on Low TF.
⚡️⚡️ #YFI/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Long)
Leverage: Isolated (6.0X)
Amount: 5.0%
Current Price:
5841
Entry Targets:
1) 5802
Take-Profit Targets:
1) 6188
Stop Targets:
1) 5609
Published By: @Zblaba
CRYPTOCAP:YFI OKX:YFIUSDT.P #YearnFinance #DeFi #Yield yearn.fi
Risk/Reward= 1:2.0
Expected Profit= +39.9%
Possible Loss= -20.0%
Estimated Gaintime= 4 days
Inverted YFI Chart looks "Bullish"Invert the weekly YFI (Yearn Finance) chart and you'll start to see an Adam/Eve double-bottom that has dragged out following a breakout and multiple re-tests of its neckline.
It has only ever reached halfway towards TP 1.
Hold "above" 10.7k and get "above" ~4.4k to move towards targets:
TP 1 - ~1750
TP 2 - ~705
#YFIUSDT #4h (OKX Futures) Falling wedge breakoutYearn Finance regained 100EMA support then pulled back to it after forming a dragonfly doji, looks like bullish continuation is in play.
⚡️⚡️ #YFI/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Long)
Leverage: Isolated (9.0X)
Amount: 4.9%
Current Price:
7065
Entry Targets:
1) 7056
Take-Profit Targets:
1) 7374
Stop Targets:
1) 6897
Published By: @Zblaba
CRYPTOCAP:YFI OKX:YFIUSDT.P #YearnFinance #DeFi yearn.fi
Risk/Reward= 1:2.0
Expected Profit= +40.6%
Possible Loss= -20.3%
Estimated Gaintime= 1 week
YFI/USDT Ready to Capture Above Liquidity? 👀 Positive Outlook💎Paradisers, let's examine the latest market movements for #YFIUSDT, which have taken a fascinating turn.
💎Currently, #YearnFinance is approaching the resistance within a descending triangle. A breakout above this level will indicate a bullish trend reversal, leading to the capture of the significant liquidity present above.
💎However, if #YFI fails to break through and faces rejection at the resistance, it might signal a downward shift, potentially leading the price back to the weekly OB area for renewed bullish momentum.
💎The weekly OB area is a critical support zone for #YFI. If the price holds at this level, it could present an excellent buying opportunity with a possible bounce upward. If #YFI breaks below this support, it may find a rebound from the high-demand area below.
💎Yet, if #YFI breaks through this demand area, it could signal a deeper bearish trend. Stay vigilant and adaptable as we track the evolving dynamics in the #YFI market.
#YFI/BTC 1W (Binance) Descending wedge breakout and retestYearn Finance has been down-trending for years in sats but is sitting on historical demand zone once again.
It has recently printed a bullish hammer on weekly, a decent bounce towards 100EMA resistance would make sense.
⚡️⚡️ #YFI/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 3.0%
Current Price:
0.1437
Entry Targets:
1) 0.1432
Take-Profit Targets:
1) 0.2879
Stop Targets:
1) 0.0949
Published By: @Zblaba
CRYPTOCAP:YFI BINANCE:YFIBTC #YearnFinance #DeFi yearn.fi
Risk/Reward= 1:3.0
Expected Profit= +101.0%
Possible Loss= -33.7%
Estimated Gaintime= 3-6 months
Yearn Finance Hit by 63% Treasury Loss Due to Script GlitchYearn Finance experiences a major treasury loss due to a multisig script error, leading to new safety measures and community outreach.
In a significant setback for Yearn Finance, a leading player in the decentralized finance (DeFi) sector, a script malfunction in its multisig (multi-signature) system led to a substantial loss of its treasury assets. The incident on December 11 resulted in the unintended swap of Yearn’s treasury balance, amounting to a loss of approximately 63%.
The company confirmed that the loss affected only the treasury funds and did not impact customer funds. The mishap involved the accidental exchange of 3,794,894 lp-yCRVv2 tokens from Yearn’s treasury. This transaction, executed on CoW Swap, led to significant market slippage due to the large volume involved, further exacerbating the loss.
Yearn Finance Treasury Error Triggers Huge Loss
The event unfolded as a result of multiple oversights in handling the treasury funds. Yearn’s statement explained that the entire treasury balance, including fees, was mistakenly transferred to a trading multisig, initiating over 30 trade orders. Among these was the critical swap of the treasury balance.
This transaction’s complexity and high volume of trades hindered effective human review, allowing the error to pass unnoticed. The protocol identified that the script used for token swapping lacked adequate output checks and contained a logical flaw. This flaw failed to cap the trade size, leading to the unintended large-scale transaction.
New Safety Steps at Yearn Post Loss
Yearn Finance has implemented several measures to prevent a recurrence in response to this incident. The protocol plans to segregate protocol-owned liquidity (POL) funds into separate entities and enhance its trading scripts to produce more comprehensible output messages. Additionally, it will enforce stricter price impact thresholds during trades.
This incident is not the first security challenge Yearn has faced. Earlier in the year, the protocol was the target of an attack where a vulnerability in a Yearn vault was exploited, resulting in the theft of approximately $11 million in stablecoins. The attacker utilized a small amount of tether (USDT) to mint a vast quantity of yUSDT. This Yearn-equivalent token was exchanged for stablecoins, culminating in a significant financial loss for the protocol.
Yearn Finance has reached out to the community, appealing to those who profited from arbitraging the mistake to return a reasonable amount to Yearn’s main multisig wallet, ychad.eth. This appeal highlights the collaborative and self-regulating nature of the DeFi community.
Yearn. finance (YFI) Price Crashes 45% Within HoursYearn.finance (YFI) price tumbles 45% within a few hours, falling from $14,500 to $8,300. The crypto market sets eyes on it as one of the biggest platforms in the DeFi ecosystem witnessing a massive selloff, causing people to speculate whether any suspicious things are happening with yearn.finance.
YFI price has rallied more than 160% in November, touching a high of $15,591. In the last 24 hours, the price tumbled from $15,591 to $8,421. Over $250 million in market cap vanished in hours, down from $525 million to $275 million. The market cap is again rising, but investors have lost confidence due to the sudden fall.
Some believe it’s an apparent exit scam by insiders as nearly half of the entire supply for YFI is held in 10 wallets.
But amidst all this plight we can see from the chart that a Doji is slowly forming indicating a retest or new support level. it may re-bounce apparently if they see more volume of buyers in the next hour.
According to Coinglass data, YFI saw more than $5 million in liquidation in the last 24 hours. YFI contract positions once reached as high as $162 million. Currently, YFI positions on major platforms have dropped. Furthermore, YFI open interest (OI) has increased significantly, indicating that traders are making short positions on YFI.
YFIUSDT.1DBased on the provided market data, here's a technical analysis for YFI/USDT:
The current price of YFI is 13648 USDT, which is below the Bollinger Bands (BB) for 4h, 1d, and 7d timeframes, indicating that YFI is currently undervalued. However, the Relative Strength Index (RSI) for all three timeframes is above 70, suggesting that YFI is currently overbought.
In terms of Moving Average Convergence Divergence (MACD), the MACD line is above the signal line for all three timeframes, indicating a bullish market. This is supported by the fact that the current price is above the support levels for all three timeframes.
The resistance levels, however, are significantly higher than the current price, especially for the 1d and 7d timeframes. This suggests that there is potential for price growth, but it may face resistance at these levels.
In conclusion, the market data suggests a bullish trend for YFI in the short term. However, the overbought RSI may indicate a potential price correction in the near future. Given the high resistance levels, there is potential for profit, but traders should be cautious of a potential downturn. As always, you should consider other market factors and your risk tolerance before making any trading decisions.
will $yfi blow the roof off soonyfi had a nice response at the yearly show providing a $10k candle to the upside that his since retraced to the $8k region.
whilst selling pressure has made a low on the OBV, the price has managed to stay above the last bearish candle open on the monthly chart.
we now have a clear demand zone with unlimited upside potential, given that bitcoin seems to have found a local bottom / dxy has possibly peaked giving relief everywhere else.
if yfi can break the diagonal and claim the daily at $11k then there is no reason yfi cannot test $22k upward, possibly even mid-high $40k, or just go nuts and hit the 1.62 fib at $150k, but baby steps for now ;-)
Nothing Bullish about #YFI sub $2k it goes.YEARN finance was one of the big winners last cycle sucking in many people into the overcomplicated Ponzi
Like #HEX it helped formed DEFI 1.0
will it be around when DEFI 2.0 comes is born has a bull cycle
---
who knows??
$100K was an obvious trap
But looks like there is one last leg down.
YFIUSDTHello Crypto Lovers, This is a 4H frame analysis for YFI USDT As you can see, after bouncing off the support line and increasing in price, the price is currently below the first resistance line and we have two scenarios in mind. Scenario one: If the price cannot settle above the first resistance line after bouncing off, we can consider the possibility of a correction to the first support line. Scenario two: But if it can settle above the resistance line and move above it, we can consider the possibility of an increase in price to the second Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
yearn.finance (YFI) formed bullish Gartley for upto 102% rallyHi dear friends, hope you are well and welcome to the new trade setup of yearn.finance (YFI) with US Dollar pair.
Our last successful trade of YFI was as below:
Now on a weekly time frame, formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
yearn.finance (YFI) formed bullish Gartley for upto 10.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of yearn.finance (YFI) with US Dollar pair.
Previosly we caught almost 20% pump of YFI as below:
Now on a daily time frame, YFI has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Yearn.Finance expect + 68.78% profitAt the moment I open a "long" position on the trading pair Yfiusdt. I expect + 68.78% profit. Risk reward ratio: 4.55
The trading pair Yfiusdt is currently in a local uptrend and has come to its retest. The price is in a support zone and represents a good opportunity to enter a "long" position. The volume indicator is sufficiently unloaded, indicating the possibility of further price growth. The zone for opening a "long" position is in the range of 8448 to 7700. Partial position closure and setting a stop-loss at the breakeven level are possible when the price reaches 10190. The first local target is the level of 13953. The stop-loss should be set at the level of 7018.
Adam/Eve Reversal Formation at Falling Wedge BreakoutYFI has both broken out of its falling wedge, and formed an Adam & Eve reversal pattern at the end of that breakout, neckline already has a breakout.
Before heading to targets for either (targets on the chart):
- I'm expecting it to push just above the 200 day EMA, potentially near the halfway point to its falling wedge TP 1, or around 8800-9k
It will likely consolidate around the 200 EMA for a bit before moving on to higher targets, or failing to get above it and re-testing either top of wedge break or Adam/Eve neckline again.
Adam/Eve pattern could also be considered a cup & handle - targets would be the same in either case.
SUMMARY
- if we can eventually get and hold above the 200 EMA, short-term targets are the Adam/Eve TP 1 and 2, and longer-term targets are the falling wedge TP 1 and 2.
- meanwhile, look for a move above the 200 EMA to 8800-9k, followed by consolidation around the 200 EMA.
YFI (Yearn Finance) holders, massive potential (322%) coming!#YFI /USDT Update:
$YFI currently trading at $10527
Our CTT (Coinlion Trend Trader) told us to enter YFI at $6223 right after it crosses the falling wedge we had since January 2022.
We also have seen a golden cross recently 02/27/2023 ( bullish sign)
Our entry point (01 /13/2023) : $6223
Currently trading at $10527 (70% profit)
Target point : $19303 (322% profit)
What do you think ?
Please click LIKE button and Appreciate my work.
Coinlion Trend Trader indicator tells me
- When to enter short or long
- When to exit and take profit :-)
If you want it or my SL indicator or My Liquidity Support and Resistance Indicator, let me know.
Thank you.
Second Attempt at Weekly Channel BreakoutYFI is attempting to break out of its weekly channel for the 2nd time, last time it failed but has since kept pushing on it.
Let's see if we get an actual breakout this time. First need to see it get and hold above the 200 day EMA, then targets come into play.
Otherwise lose the top of the channel and it may either push for a 3rd attempt, or it could swing back down towards channel bottom
This should show 3 touches on both ends, below:
Yearn.Finance YFI price will try to start growing"Hard limited" coin YFI (Max Supply only 36666 YFI) made a lot of noise in 2020-2021.
The maximum price of YFIUSDT in May 2021 reached $90-95 thousand on various crypto exchanges, which is +/-50% more than BTC cost then.
Then a series of conflicts between the community and the project's creator, which make no sense to describe here, as everything is on the Internet, led to the project's decline.
Now we see two possible scenarios for the growth of the YFIUSD price :
White is the growth to the $13000 area, the inability to break through the trend at the first time, and the continuation of prolonged consolidation for months.
Blue - breakout, and consolidation above the red trend line and continued upward movement in the spring of 2023.
The long-term target for both scenarios is growth in the region of $25000-28000 per Yearn.Finance
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Support at $27,780, Target $40,625So I heard Yearn finance will hit Binance.Us tomorrow...."If" we pump a bit from the support level of $27,780 range, "then" we could hit a target of the next fib level $40,625. I drew my fib levels on the total yearn finance 12 hour chart. Not just the "current trend" so keep that in mind with a grain of salt.