Yfibtc
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
YFIBTCHello to you all. Mars Signals team wishes you high profits at all times.
We are in 4-hour timeframe and this signal is 1 month. If the channel line is broken, you can enter the deal for the above purposes.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
YFIBTC broken out of longterm downtrendYearn Finance
OBV never stopped being bullish
1btc is first target and targets get alot higher after that
stupidly scarce token, essentially a collectable
after recent nft craze, wouldnt be surprised if we start up the old 1yfi=3btc meme back up
dont fite memes in crypto, see doge for reference
sendit
YFI Going to 1.5-2.0 BTC ?BINANCE:YFIBTC
A few days ago, I warned about the Yafi in the @Bitexgroup, which has the potential to break its triangle and just needs to surge a good volume:
As I expected, the breakout happened with a full candlestick and good volume, and it touched the initial resistances,
For now , Breaking the Important S/R level can push #YFI to 1.4 to 2 bitcoins
I will analyze the Yafi dollar chart in the next analysis
#YFIBTC Trading planHello friends!
The chart clearly shows the limit buyer.
For several days, the pair traded in a small channel between 0.59-0.63358
At the exit from the channel or the breakdown of the mirror level 0.63358, growth is expected.
Stroke potential + 20%
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YFIBTC - Possible Bullish PatternThe YFI/BTC(Yearn.Finance) is forming a bullish RSI divergence like it did a few days ago before its ~25% increase which indicates a trend reversal.
For safer short term trading, wait until the 50MA & the 200MA make a golden cross on the 30minute/1hour chart.
If YFI breaks below the bottom fib level, I will expect further downward movement. I will be watching the fib levels for support and resistance if YFI begins to trend upwards.
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.
YFIUP : Targeting 2000% in 65 days #YFIUPUSDTI know it it is hard to see the Future - But is it so Difficult to Imagine it?
#YFIUPUSDT
Targeting 2000% in 65 days
Long term HODL
#YFI is the new CRYPTOKING
#Binance
<> Not a Financial Advice.
YFI Weak price action YFIUSDYFI showing little bullish action
Within a channel
A sort of head and shoulders pattern has emerged, (what I would classify as a H&S, some wouldn't)
Thick grey line is where I expect price to land, this would be the best spot to enter for a long position
First chart for YFI
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 ↓
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