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Yfibtc

YFI / BTC - Yearn may do what ETH didQuick hopium chart, certainly possible. YFI could be forming a giant inverted HS on the weekly here. On the daily this could see lower lows than what is shown on the weekly. The daily seems to have more potential for a triple bottom, which would see us go lower. On the other hand, it could totally ignore that and turn up from where we are now. Either way, Yearn has a good chance at seeing some nice gains vs BTC as long as the weekly stays somewhere above where the proposed head currently sits. Conservative target would have us revisit the 0.618 fib around 2.42-2.48 btc/yfi OBV shown for confluence, supporting bullish movement against BTC for YFI. Ethereum chart looked very similar to this prior to its run up earlier during spring of this year. Related ideas for YFI posted under the Link to Related Ideas below.
Long
by dudebruhwhoa
yearn.finance (YFI) - July 26Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (YFIUSD 1W Chart) If the price holds above the 30217.97887 point, it is expected that the uptrend will continue. (1D chart) If the price is maintained above the 30217.97887 point, it is expected to turn into an uptrend. To accelerate the uptrend, it should rise above the 41556.95449-44016.68250 section. If it falls in the 18875.52633-23950.81209 section, it is expected to enter the mid- to long-term investment area, so careful trading is required. ------------------------------------- (YFIBTC 1W chart) If the price holds above the 0.57339 point, it is expected that the uptrend will continue. (1D chart) It remains to be seen if the 0.7561-0.82127 zone can find support and move up the 0.97822 point. If the price is maintained in the 0.82127-0.97822 range, it is expected to turn into an uptrend. If it declines from the 0.73120 point, it is expected to enter the mid- to long-term investment zone, so careful trading is required. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L : Stop Loss point or section S: A point or section where you can buy for profit creation as a support point or section (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:YFIUSD
by readCrypto
1
YFI / BTC - Triple Bottom A or Triple Bottom B?Super quick and simple chart - YFI / BTC has two opportunities for potentially forming triple bottoms, either of which could lead to some pretty nice gains. Triple bottoms, when they do occur, tend to create a strong rejection of the downtrend, so we'll be looking for that to confirm either one of the two ideas here: - Triple Bottom A - forms where we are now and we head up, after having double bottomed, rose sharply, and corrected- as of now re-testing the neckline of an inverted head and shoulders from the 2nd bottom. This idea negates Triple Bottom B - Triple Bottom B - we fail to form Triple Bottom A and continue correcting, re-visting bottom for... wait for it... a 3rd time This idea requires Triple Bottom A to fail. Goals - get above the red box to confirm either. - Triple Bottom A is invalid if we go well below the green box in the middle (below the two yellow lines forming the neckline of the inverted HS) ...but... this opens up the possibility for Triple Bottom B - Triple Bottom B is invalid if we get well below the bottom green box and this entire idea fails altogether ;)
Long
by dudebruhwhoa
3
YFI/USDT (25k-28k Strong Support Area?)💎Technical Analysis Summary💎 YFI/USDT -YFI is now retesting support area #1 for the 3rd time -Technically, this is not good because it tends to become weaker over time -if the bulls failed to hold this area, expect the price to test the next layer of support at around 20k -But if buyers will able to sustain at the current price level in the coming days -A potential retest of 38k-42k dollars is highly possible -This is a waiting game, also, don't forget about Bitcoin's current structure -Always manage your position size in times like this -Good luck traders and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
by PolarHusk
10
Yearn.Finance (YFI) Likely To Go Again...These signals are very simple: 1. YFIBTC Corrected and found support exactly at the 0.786 Fib. retracement level of the last bullish wave. 2. Its price is back above MA200 (black line). 3. Look at the bullish cross on the MACD (chart below). 4. Other altcoins (Altcoins vs Bitcoin) are starting to move strong. MACD: YFIBTC can potentially resume its uptrend here. Note: If prices break and close below 0.83396, we are likely to experience additional bearish action (red arrows). Any trading above 0.83396 (Fib. retracement support) and/or 0.89857 (MA200) and we stay bullish. If the charts signals change we also change.
Always adapt to the market. Namaste.
Long
by AlanSantana
5
yearn.finance (YFI) - June 17Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (YFIUSD 1W Chart) If the price is maintained above the 23950.81209-30217.97887 volume profile section, it is expected to continue the upward trend. (1D chart) It needs to rise above the 41556.95449 point and find support for it to turn into an uptrend. If it falls in the section 27103.87763-33310.02219, Stop Loss is required to preserve profit and loss. However, careful trading is required as it can touch the 23950.81209 point and rise. We'll have to wait and see if we can climb above the 45722.31205 point. ------------------------------------- (YFIBTC 1W chart) We recommend keeping the price in the 0.97822-1.34250 range to continue the uptrend. You should also watch to see if you can move up along the uptrend line. (1D chart) It remains to be seen if the 0.92560-1.01163 zone can find support and move up. The price must hold at least above the 1.01163 point in order to transition into an uptrend. If it falls from the 0.95260 point, you can touch the 0.66748 point, so you need a Stop Loss to preserve your profit and loss. However, it may follow an uptrend line, so you need to trade cautiously. If it fails to move above the 1.18371 point, it could lead to a downtrend and you should also think about how to respond. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:YFIUSD
by readCrypto
YFIBTC - another BCH-like pump in the making ?Hello all, In the light of the recent very good breakouts against BTC (ETC,LTC,BCH etc), I would like to put your attention on another interesting pair. This is the YFIBTC (Yearn.finance), which is looking pretty interesting. First we go do the 1D timeframe where we saw the coin bottoming around 0.58 at the end of March after an exhaustive downtrend and a triple bottom formation-like movement. Now YFI is using the 21-day EMA as a dynamic support to move towards the horizontal resistance at 1. What I expect from here and have this as a trigger point, is a daily candle close above 1.05. This will open the door for a move towards the last visited high in the 1.5 area. This is an easy 50% move from the current price and is in line with the 160% Fibonacci extension from the last correction. This idea is also supported by the 1W chart where the YFIBTC just climbed above the 21-day EMA and we all know that this is one of the most trusted trend reversal indicators. If we go down to the 4-hour chart, we can as well visualize the pretty stable uptrend like leading to the horizontal resistance
Long
by FutureBlockchain
3