Coinbase will bring UNI to the moon! UNISWAPDepending on the data on coinbase, it looks there are high interest. we will never know to wich amount this coin will go as the cc supply still low on : 96.866.285 UNI ( and as long the totaly supply dont play a role, its great.
# THIS COIN AE VERY HIGH RISK, DONT INVEST WITH ALL YOUR MONEY. AND USE STOP LIMIT.
Above expecting are my own.
1. this coin are not safe to trade.
2. dont trade it , if you have no trading plan.
3. with no stop limit you can lose all your assets.
as said before in my update expecting 7 usd +
Following the trend by coinbase and other exchanges.
Have good time all!
Yfibtc
YFIUSDT ANALYSIS
THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion. If you find this useful and want more guesses. don't forget to follow. Press the Like button. Leave your feedback to us in the comments section! Thank you very much for your support. Let us know how you see this opportunity and forecast in the comments.
YFI in a 6-Day 🐂 Flag!YFI is in a Bullish flag that is about to retest the downtrend line of the flag, roughly testing $38.250 - 13%
If the downtrend line breaks, I expect a peek at least to $42.000, so that can be the second TP - 24%.
IF the price of YFI breaks the $42.000, I expect to rise all the way to $45.000 (33%) and if this level is also broken, maybe even $50.000 (47%).
RSI has found support and is forming new higher high.
MACD is giving first tick of buying wave.
Price found support at 200EMA.
We are in a 6-day bullish pattern called Bull Flag .
The setup is invalid if the price breaks below $29.000, that would mean over 10% loss.
And remember not to get too greedy, there are many other good alt coin trade opportunities.
All the best!
Tibor
YFIBTC #YFIBTC Up Or Down ? Welcome Traders >> We Have Here Opportunity And Direction For $YFIBTC
! Tools Details On Chart !
♦️ We Have Down Trend Area >> Waiting For Break Out To Buy
♦️ We Have Up Trend » Waiting For Break Out To Go To 61.8 Fibonacci Area
♦️ We Have 61.8 Fibonacci Area » Waiting For Break Out To Sell
📚 Vision 📚
🔷 We Have 2 Ways 🔷
1- Buy » When The Price Break Out Down Trend Area And Test It .
2- Sell » When The Price Break Out Up Trend + 61.8 Fibonacci Area .
♣️ Vision ♣️
Buy Now For Tp On Chart >> Sl Also On Chart
!! Please Take care Trading Is Very Risk Don,t Risk On Any Position
YFI - Still Bullish (No mint for YFI token proposal)A bit cooled off from the highs (Coinbase pro event) and on the support atm. But despite this still has a room to grow.
But there's still a proposal to "burn YFI minting ability permanently" which I'm excited about. And it's winning right now, so I assume it will be implemented.
Thus, no YFI minting can ever take place again! This could have a significant impact on the price if adopted.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
YFI about to perform 14% move from bull pattern!YFI is currently in an ascending triangle which is an bullish pattern.
The price has already broken the resistance area of the triangle and confirmed it as a support, and the move up is already happening.
I don't expect YFI to retest the ascending triangle uptrend line, but it's a possibility.
Either buy market or buy the break of $36.688.
Take profit below $39.000 and below $41.500
If the uptrend line of this ascending triangle gets broken, that would invalid this setup.
Good luck!
Tibor
YFII: Decentralized Finance and Market PsychologyIf you like this analysis, please make sure to like the post!
I would also appreciate it if you could leave a comment below with some original insight.
In this analysis, I'll be explaining the speculative nature of the alt-coin market, exemplified by the defi hype.
Analysis
- It's extremely difficult, almost impossible to apply technical analysis to the newly listed Defi coins on major cryptocurrency exchanges
- They have very little price history data, and most of their fundamentals in terms of project development, is questionable to say the least
- In the case of YFII, we can look at the hourly chart to speculate its next move
- As the 'Defi-hype' is not over yet, there is still a lot of capital flowing into altcoins, and bullish movements are supported by high volume
- Based on market psychology, people who have missed out of the YFI opportunity, are jumping into YFII, in fears of missing out
- Based on the trend, we can see that a "U" shape recovery is taking place, with potentiality for YFII to hit its previous high once again
- It has gone up over 100% already from the local bottom, and has an 80% upside to the next top
- The Ichimoku cloud confirms the bullish trend, as prices are trading above the cloud.
The cryptocurrency altcoin market, currently driven by the Defi-hype, is just another phase of a speculative market after the 2017 ICO phase, and 2018 STO phase.
Don't predict the market. Take it by levels, and play by probabilities.
- Michael Wang-
YFI - Yearn finance possible to crash to 16K! Coffee time long .The Data shows that its possible that YFI can crash to 16K
Trade only if you have count 100% the risk. DEFI are to risky.
Depending on our new coffee time, the new big long term trend could be 16K!
Trade safe!
Not an advice, the chart can go all sides, but depending on the coffee time we have last time all updates right, let see or this also will be right
Follow/ like - thank you
YFI testing major resistance area in a Flag!YFI is still in 2H uptrend, so is 4H on 50 and 200EMA's .
This coin has recently broken out of the downtrend channel and from triangle formation that has broken to the upside.
Currently the price is strong resistance area, from which it should be a free ride up.
Buy the break of $26.680 or enter in the 15 min flag that the price is currently in.
TP1 is $29.900.
And that's it!
Tibor
YFI/BTC (Bearish Double Top - Confirmed)BINANCE: YFIBTC
-The bearish double top pattern is confirmed after the break of the neckline
-The downside target is around 1.4BTC or mover than a -30% decline
-Be careful as the market is not yet ready to settle down
-If you are interested adding positions to your midterm trade Altcoins
-Find the major support area and the confluence of previous support & resistance
-Because the chances of these zones will hold are high
**If you like my daily Published Ideas, Please don't forget to leave a thumbs up and comment below. Thank you!**
YFI - yearn.financeyearn.finance is a Decentralized Finance (DeFi) platform which aims to build products on aggregated liquidity provision , leveraged trading, automated marketing making, and more.
The YFI token is the native utility token in the yearn.finance platform. Users can earn it by contributing liquidity to yearn.finance's aggregated liquidity pool, or ypool, and use the token for platform governance.
yearn.finance currently provides a profit optimizing service for lending providers, moving providers' funds between dYdX, Aave, and Compound autonomously for highest return.
The balanced scheme works without attracting new funds. Therefore, the team has no reason to scam the project. Perhaps there are other reasons, for example, a technological scam: some kind of back door or problems with IT or Blockchain will give an error that will make it possible to steal money. All tech companies have such problems: Twitter, Apple, etc.
In general, this is not a scam or a financial pyramid like the Ponzi. The project has a use case, some people believe in it, there is a kind of ecosystem.
A disadvantage is a large number of audits. Since there is a lot of money in the project, and hackers did not steal it, this is probably not so easy to do.
This was written by Andre Cronje - he has been in the cryptocurrency field for a long time and has done a lot of useful things, so people trust him.
Motivation
The YFI community is currently working with Delphi and Gauntlet to develop an economic model and inflation schedule. Until this process is complete, the project lacks the funds for any operational expenses including, but not exclusive to, security audits, deployment costs, consulting expenses, and compensations.
All surplus rewards are directed to the governance pool.
How does the protocol make money?
There are two sources of income:
0.5% Commission for withdrawing money
(this commission is charged in the case of Earn (Lending optimization) and the case of Vaults (Yield farming optimization)
The economics simple YFI charges a 5% gas subsidization (performance) fee on the capital it's managing as well a 0.5% withdrawal fee if the user pulls their capital out. The withdrawal fee applies to both its Earn and Vaults products, while the performance fee only applies to its Vaults product. More specified that the treasury should maintain a buffer of $500.000 equivalent, with all surplus rewards distributed YFI staked in the governance pool.
Specification
100% of the rewards collected by the system are directed to the multi-sign treasury.
Treasury should maintain a buffer of 500,000 USD equivalent, with further rewards distributed to YFI staked in the governance pool.
In the July 17 article, Andre Cronje wrote that just because we feel we didn’t stress it enough, 0 value. Don’t buy it. Earn it.
In my opinion, this phrase discouraged some people to trade this coin. I think that to a large extent, this is said for the regulator so that they do not touch the project developers.
medium.com
Best regards EXCAVO
YFIUSDT 💯IQ🧠 Here we Come 50k!⚠️ The YFI bulls keep pushing the price up. As crazy as it sounds, $50k YFI is clearly on the table at this rate. On the one hand, you have the use-case that Yearn makes yield farming easy. On the other hand, you have the YFI mania. Put the use case, bullish chart, and FOMO together and what do you get? We think you get another leg up to at least $50k.
All that said, we are analysts, not just DeFi fans, so we will take a critical look at the bull and bear case here.
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Help the community grow by giving us a follow 🐣
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Support:
The S1 S/R flip range is ideal support for bulls who are looking to see YFI just keep moving. We broke resistance already, next direction really should be up here. If S1 can't hold, then there is room to strengthen the current range by finding support at S2. If the range holds long enough, we may even intersect with the uptrend channel's bottom trendline to find additional support. With that said, as you can see on the chart, we have much more confidence in a run from S1 than S2.
Resistance:
After recently moving past previous resistance points (see the bearish orderblocks on the chart), there is no real resistance left of YFI's chart. With that said, our target here is the top of the channel at $50k.
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Summary:
YFI has the sentiment, use case, and room in terms of market cap to keep moving. That said, after such a strong move, any sort of indecision is going to be a bad look. So do watch out with rushing to buy the dip on this one if S1 can't hold.
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