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Yfibtc

Yearn.finance (YFI) Trading above MA200 & EMA200 = BullishAs usual, we have YFII and YFI moving together. Here we are looking at the YFIBTC pair for Yearn.Finance. Just yesterday prices managed to break and close above EMA200. The day before, we say YFIBTC conquer MA200 which is the black line on the chart. This is a strong bullish signal. The MACD is on the bullish zone and the RSI super strong, very similar to YFIIBTC which is now available by visiting my profile. The targets are the light green dashed lines on the chart. The main support stands at EMA50 or 0.83791. Above this level we are bullish. Below it, we switch to bearish. We are looking at higher highs and higher lows with YFIBTC easily printing additional growth. Patience is key for sure... Namaste.
Long
by AlanSantana
3
Yearn.finance perfect both vs USD and BTCYFI had an insane pump over the summer and it reached 1B marketcap from 0. That clearly was unsustainable and the aftereffects where clear. Everyone was hyped about YFI for a really long time but the chart looked weak. Anything that got added to the YFI ecosystem initially did well, except YFI. However now it is very clear that there is a breakout both in USD and BTC terms. On YFIUSDT the ATH has turned into support, while on YFIBTC we have an incredible floor. Looks like a gigantic Adam & Eve bottom + a mini inverse Head & Shoulders at the end, right after breaking the diagonal resistance. No idea how well can this do right now as most coins are up 20-30% over the last 2 days, but to me there is much more to it. Short term a pullback down to 48000 wouldn't be unreasonable
Long
by BitcoinMacro
YFIUSDT (YEARN.FINANCE) - BUY ENTRY ANALYSIS 🔎 - YFIUSDT brokeout above the inverse head and shoulders neckline resistance and descending trendline resistance (DTR-1). - The market then retraced for the retest of the neckline resistance, descending trendline resistance (DTR-1), key fibonacci retracement zone and ascending trendline support (ATS). - The retracement was resisted by the descending trendline resistance (DTR-2). - Price brokeout above the descending trendline resistance (DTR-2). - This is a bullish signal. BUY ENTRY ⬆️ - Conservative entry : breakout above the previous swing high resistance (R1). - Aggressive entry : market price (now). TARGETS 🎯 - Horizontal resistance level (R2). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending trendline support (ATS) and previous swing low support level.
Long
by Chibuike_Odoh
Yearn.Finance YFIUSD - MASSIVE BULL MARKET +1400%, Triangle!- DEFI chart is actually very bullish. - YFI is one of the DEFI coin that is still waiting for massive breakout to the upside. - On the daily chart we can see an ascending triangle + huge ascending channel. - Your profit target can be top of the channel or around 50k. - Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓ - Hit "Like" & "Follow". Don't miss my upcoming updates and new ideas!
FTX:YFIUSDLong
by UnknownUnicorn2537518
33