Get started

Yfibtc

Yearn Finance YFI - Symmetrical triangleWe are currently in this symmetrical triangle, the price creates higher low => uptrend is intact. The red trend line can be very useful in the future, because you can sell/short when the time comes. Bottom trend line really should hold for smooth continuation of the trend to the upside. Else this symmetrical triangle can become an descending triangle, which is bearish. If you like this technical analysis, please hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
by UnknownUnicorn2537518
6
YFI/BTC (Key Area of Support Retest?)💎Technical Analysis Summary💎 BINANCE: YFIBTC -YFI unable to break the 3 BTC resistance area -It is now going back to a previous key area of support -With this, we can see a potential Bearish H&S pattern -If you are looking to play Short position -I recommend to Sell once the key support failed -The downside target is 1.4s BTC range `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
5
YFI | breaking the bullish canal downwards, and consolidatingYFI has broken the bullish canal that it has been. This is a big sell sign. However, since it is holding onto the support level below the canal so far, this breakout can be a fake one. In the case of YFI holding onto this support level, it is likely that it will go back to the bullish canal and make a new higher high. The current level is also a strong Fibonacci level, making this support level even more valuable. In the case of this support line braking downwards, the analysis will be very bearish.
Long
by knnhsn
5
YFI/BTC (Trading Inside a Descending Channel)BINANCE: YFIBTC -YFI is trading inside a descending channel with a series of LH and LL -If the price keeps respecting this channel, it may retest the key support at 2 BTC -I recommend waiting for the price reaches key areas or until the channel is broken -A drop to 2 BTC is more than -20% so let's wait and see how the market will react below `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
10