YFI-4h. The next target - $31000.Our previous YFI idea from December 10 worked out .
The sellers managed to break the $23,300 mark and test the lower trend line of the falling channel.
However, there was clearly not enough strength to test the $21,000 mark. As a result, buyers quickly returned the price to the critical point of $26,700-27300.
Buyers manage to establish themselves in this price range.
Therefore, the medium-term dynamics of price movements indicates a test mark of $31,000 in the near future.
The global target is $44,000, but more on this in our next medium-term idea.
_____________________________
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Yearnfinance
✳️Yearn.Finance/USDT Analysis (14/12) #YFI $YFIYFI is still fluctuating in a wide range of 20000-30000$ and has yet to determine its next trend.
It is still too early for YFI to initiate a downtrend because the November's rally is so strong that it will easily continue this December. Just surpassing the 28000-29000$ zone, YFI can completely increase to 40000$.
However, one thing we need to keep in mind is that the volume of YFI when oscillating at this top zone is decreasing and could form a Diamond pattern if YFI loses the 24000-25000$ zone, and it will fall to 18000$ zone.
📈BUY- LONG
-Buy: 24000-25000$. SL B
📉SELL-SHORT
-Sell: 28000-29000$. SL A
-Sell: 38000-40000$. SL A
♻️BACK-UP
-Sell: 24000-25000$ if B. SL A
-Buy: 18000-19000$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFIPerp.USDT (Y20.P5.E2).Bullish cased.chart
Hi,
It is likely BTC will slow down at this level and potentially pull back.
The pullback will give YFI the chance to test the trend line and as per bullish move, have it bounce with a lower high.
I would like it to be the black line as it gives you a chance to prepare.
The red line will be waiting for the pullback at some stage.
All the best,
S.SAri
YFIUSDT may re-test $20K supportHi friends, hope you are well and welcome to new update on YFI token.
Priceline moving in Fibonacci projection zone:
After taking bullish divergence from potential reversal zone of bullish Butterfly, the priceline is still moving within the Fibonacci projection or sell zone area.
After rejection moving toward support:
After being rejected by $30K resistance now the price action is moving towards $20K support and likely to form a parallel channel within these support and resistance levels. While the price action is forming higher highs on the other hand the RSI is forming lower highs, therefore there are more chances for the continuation of bear trend.
The channel can be changed:
If the price action will be bounced from 100 and 50 simple moving averages then the movement can be changed from parallel to up channel.
The harmonic BAT move:
On daily chart, the priceline of YFI token is also completing the final leg of bullish BAT and for the completion of this leg the priceline may move down between: $21128 to $ 19773 then it may move up from this potential reversal zone.
Conclusion:
All indicators and patterns have confirmed a move upto $19773 but we should use the potential reversal zone of bullsh BAT as stop loss because, if it will be broken down then the bear trend can be continued.
Note: Above idea is for educational purpose only
YFIUSDT completing final leg of BAT| Upto 23% move expectedThe previous idea produced more than 281% profit:
Now on daily time period chart, the price action of yearn.finance (YFI) is completing the final leg of bullish BAT and soon it will be entered in the potential reversal zone. There is also a 50 SMA support in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of bullish BAT pattern should be as below:
Potential reversal or buying zone: $21128 to $ 19773
Sell or Fibonacci projection zone: $ 29342.54 to $ 24359
Stop Loss:
The potential reversal zone area that is up to $19773 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 23% and as per the above-mentioned stop loss, the loss possibility is 6.5%.
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.
YFIUSDT completing final leg of Butterfly | It can be 1600% moveThe priceline of yearn.finance (YFI) is completing the final leg of bullish Butterfly, the targets as per the Fibonacci sequence of Butterfly are:
Potential reversal or buying zone: $11060.76 to $2044.12
Fibonacci projection or sell zone: $18058 to $34994
Regards,
Atif Akbar (moon333)
YFIIUSDT - Potential buy entry 🔼. YFIIUSDT is testing the major descending channel support.
Price action is printing a minor falling wedge pattern.
Buy entry ⬆️ - breakout above the falling wedge resistance + previous swing high.
Target 🎯 - major descending triangle resistance.
Setup invalidation ❌ - breakdown below the falling wedge low.
YFI-4h. Next target - $21000.Buyers kept the first hit on the trend line that we talked about in the previous idea .
However, the rebound is too weak . In the market, the initiative remains with the sellers .
If other coins were able to at least test the upper trend line of the local fall channel, this did not happen in the YFI market.
Therefore, we expect the liquidity zone to break through and the price to continue to fall to $21,000.
_______________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
YFI-4h. Buyers will be in danger below $26150.On 2 December, the level of 31,000 stood.
It is difficult to call a new buyers'attack from 4 December as an attack.
Despite the positive news, about yearn.finance and sushiswap joining, the trading volumes somewhere disappeared.
The YFI price is kept thanks to BTC. After breaking $26,150, sellers will quickly reach $23,300. Let's see if buyers still have the strength to keep the trend line.
______________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
HUGE BREKDOWN TREND - CRASH EXPECTING ON YFI BE ALERT!!Depending on my last update expecting that YFI will breakdown huge.
The first target are 19K for start of crash trend, and expecting at long term we will see only down trend that even from 12K and lower possible.
There are some important trends-news makes my expecting this crash
As we know always use good stop limit and trade safe
Have good time ALL
yearn.finance (YFI) Again Rejected By $30K ResistanceOn daily chart, the priceline of YFI token has again been rejected by $30K resistance.
The price action also has good supports of 25, 50 and 100 SMAs. If the price action will breakdown the 100 SMA, then it can re-test the $20K previous support as well.
On 4 hour chart the price action of YFI is also moving above 50, 100 and 200 simple moving averages.
Now the priceline is using these SMAs as good support. We can use the 200 SMA on 4 hour chart or the $20k price level support as stop loss.
Now 1st the priceline may form an up channel if it will be bounced from an up trend line. If it will break down the 100 SMA or the 20K support level, then we can expect another Shark move like previously the price action did.
✳️Yearn.Finance/USDT (28/11) View + Trading Plan #YFI $YFIYFI is still showing strong buying pressure after retesting the broken 18000$ zone as our previous analysis.
The target for YFI is 30000$ and even 40000$. However, the 30000$ zone is very strong and it can cause the YFI to fall sharply.
But if YFI falls out of the zone of 21000$, then YFI will continue to fall to 17500$ and even 12500$
📈BUY- LONG
-Buy: 21000-22000$.SL B
-Buy: 24000-25000$ if A. SL B
📉SELL-SHORT
-Sell: 30000-31500$. SL A
-Sell: 40000-42000$. SL A
♻️BACK-UP
-Sell: 21000-22000$ if B. SL A
-Buy: 17000-18000$. SL B
-Sell: 17000-18000$ if B. SL A
-Buy: 12000-13000. SL B
-Sell: 12000-13000 if B. SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFI 12h Absorbing and joining preparing for the price explosion?The news from 1 December of Sushiswap & Yearn.Finance join and the flow of blocked funds blew up the Sushi and YFI price.
We suggest at the same time to evaluate a fresh idea for Sushi.
So, the above news helped YFI break the trend and easily rise in value from $26,000 to $31,000.
For the second time, YFI price tested for the strength the last defensive bastion of sellers, which was described in the previous idea.
Possible scenarios for the coming weeks:
Sellers will again try to push the price back to the liquidity zone of $21,000-22,500.
If in this zone, sellers show their strength and are able to lower the price below $18,300 , then the Double Top pattern will be activated. The final target for it is in the zone $10,000-11,500.
If buyers show their strength, they will drive the price up to the previous high in the range of $44,000.
YFI/USDT 2h (Binance Fut.) Descending channel breakout & retestYearn.Finance seems to be preparing for bullish continuation, next big move should be soon!
Parallel channel broke out and is being retesting, also 200MA is acting as support.
Current Price= 23214.3
Buy Entry= 23351.2 - 21851.2
Take Profit= 26924.9 | 34272.0 | 40698.1
Stop Loss= 18983.5
Risk/Reward= 1:1.2 | 1:3.23 | 1:5
Expected Profit= +19.13% | +51.64% | +80.07%
Possible Loss= -16.01%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 240h
YFII vs BTC not as Solid as YFIBTC, But Still Good!This one here, after I mention that these pairs are moving together, does not look as good as YFIBTC.
We are now looking at YFIIBTC.
Even though we have a strong reversal signal in the form of the Doji that appeared on Nov. 26, we still have prices trading below all EMAs. That is, EMA10, EMA21, and EMA50.
The RSI and MACD are both still in the bearish zone.
The trading volume is also low.
But the fact that we have prices trading above the Fib. support level and going flat...
Can be a bullish signal but nonetheless, we have both; MIXED SIGNALS.
We need a good volume bar to come in as prices move above EMA10.
This would be a strong signal in favor of the bulls and we can say that YFIIBTC will grow next.
For now, consolidation is taking place.
Namaste.
yearn.finance (YFI) & Bitcoin (BTC) both Bullish! BTC + ALTSWe now see Bitcoin (BTCUSD) growing non-stop.
As this is happening, we are seeing many altcoins printing bullish consolidation and getting ready to grow as well.
We can see YFIBTC doing bullish consolidation while prices go flat above EMA50, EMA21, and EMA10.
We saw this happen before, just recently.
Bitcoin continued to break barrier after barrier, while the Altcoins prepared for a bullish jump.
Seeing now YFIBTC staying strong, can be a bullish signal that the same pattern will repeat...
Bitcoin goes higher and the Altcoins follow when Bitcoin stops.
Namaste.
YFI broke recent highPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- Weekly chart = strong bullish trend
- Daily chart = strong bullish trend
- Broke resistance
- MACD going wider apart
Two daily resistance levels shown on chart, after which the only real resistance is at the ATH around $43K.
When do you think we will see a new YFI ATH?
YFI/USDT - How to play the Game on Daily CandlesYFI (YearnFinance) - 200% Gains
I received a lot of question to explain how to play the game with the Advanced Buy/Sell Indicator.
This is one of the easy strategies:
Setup:
- Set the candle bar style to "Heikin Ashi" (Be aware that the "Heikin Ashi" candles don't provide the actual price)
- Add the Advanced Buy/Sell Indicator to your chart
- Add an alarm when a Buy or Sell signal got triggered
- Use this setup on trading pairs with a lot of Volume (Top 100 trading pairs)
Very Important:
Be patient - Don't panic - Trade Emotionless
When to Buy:
(1) Wait for the buy signal on the daily candles
(2) Wait for a clear reversal on the 1h candles. When the 20 ema crossing up on the 50 sma
Again:
Be patient - Don't panic - Trade Emotionless
When to Sell:
(3) Wait for the sell signal on the daily candles
(4) Sell if you are happy with your gains or sell the latest when the 20 ema is crossing down on the 50 sma
Remark:
If you go to bed use a stop loss. You can always buy it back.
If you are around use alerts.
Never Loose a winning trade
Cheers,
YFII vs TetherUS Looks Better Then YFIIBTCThis is the last one, YFIIUSDT.
Looking at YFIIBTC, these two are very, very similar but the USDT pair for this one is more "advanced".
Here we have prices already trading above EMA21 while at the same time challenging EMA10.
Moving and staying above these two levels is a bullish development.
Prices also managed to move back above the Fib. retracement support level and the RSI is already strong.
With a little more momentum coming from the bulls and we can see prices go up.
Conditions for change
If momentum is lost and prices move back below EMA21 and the low hit Nov. 26, then it is likely YFIIUSDT will test lower support levels.
Namaste.