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Yfii

YFII is pumping, is 350% possible in the short-term?YFII is pumping; this is pretty clear. But will this pump continue? I think so! Why? Because we have this parallel channel on the weekly chart, and the price is currently near its support line. From a fundamental perspective, this coin is really strong, and whales are buying. It is a huge deal for the banks and big corporations. The ABC correction is complete, which is pretty clear. This is a great bullish setup. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! DFI.MONEY (YFII) originated as a hard fork of yearn.finance, the aggregator for DeFi returns created by Andre Cronje. Cronje left the original incarnation of yearn.finance, iEarn, in early 2020, only to return to continue its development, whereupon its popularity grew considerably as DeFi became more mainstream. In July 2020, mining and farming of yearn.finance’s YFI token ended, and a proposal to protect liquidity provision from whales earned 80% support among protocol participants. However, it was not adopted due to not meeting yearn.finance’s requisite 33% quorum requirement. As a result, a group of users opted to hard fork the protocol to create DFI.MONEY, with its own token, YFII. The hard fork implemented the proposal, known as YIP-8, which makes YFII rewards decrease each week, following a pattern popularized by Bitcoin (BTC). Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
YLong
by Xanrox
12
YFI/USDT upward momentum from support? 👀🚀YFI Today Analysis💎 Paradisers, let's turn our attention to #YFIUSDT, which is currently exhibiting intriguing market behavior. Positioned near a critical resistance level, it's expected to demonstrate a bullish trend, especially following a potential rejection at this juncture. 💎 Observing #YFI adherence to a descending trendline, we're inclined to anticipate a bullish continuation from the support level of $7629. Should YFI successfully uphold its bullish momentum, it may set its sights on tackling the more formidable resistance at $15924. 💎 Nonetheless, in the ever-fluctuating landscape of the cryptocurrency market, readiness for a spectrum of outcomes is essential. If #YFI finds it challenging to hold above the $7629 support, a strategic shift might become necessary. This could involve preparing for a bullish resurgence from a lower support level, specifically around $6563. Crucially, a descent below this secondary support could be indicative of a shift towards a bearish market trend.
Long
by MyCryptoParadise_Simon
1
will $yfi blow the roof off soonyfi had a nice response at the yearly show providing a $10k candle to the upside that his since retraced to the $8k region. whilst selling pressure has made a low on the OBV, the price has managed to stay above the last bearish candle open on the monthly chart. we now have a clear demand zone with unlimited upside potential, given that bitcoin seems to have found a local bottom / dxy has possibly peaked giving relief everywhere else. if yfi can break the diagonal and claim the daily at $11k then there is no reason yfi cannot test $22k upward, possibly even mid-high $40k, or just go nuts and hit the 1.62 fib at $150k, but baby steps for now ;-)
YLong
by TBTS
2
Binance, you owe me 700$!I had never made a single trade thru Binance sins 2016. YFII was the first buy I did at Binance in all those years, why YFII? Because it doesn't have a company behind it to screw it up.... It's like a Bitcoin but then DEFI that no one owes except the community. Unlike it Mother YFI that is managed by curtain individuals, very different those two. No this is said, no single entity to screw up expect Binance of course... Well Binance, this crash is a 100% on you. I don't think anyone can disagree.
YShort
by aMilliondollarBitcoin
2
DFI.Money Going Above EMA50 Weekly Can Lead to 100%+ |Up To 227%If you've been following what I've been sharing today, I just mentioned the strong bullish signal that goes out when YFIUSDT (yearn.finance) closes above EMA10 on the weekly timeframe. But here is something that is much better and goes beyond. YFIIUSDT (DFI.Money) has gone not above EMA10 but above EMA50 weekly and the rest of the bullish signals that I mentioned earlier are also present on this chart. - There is a higher low compared to May. - Very high volume this week. - A strong RSI... - And in this case we also have some recent higher highs. The weekly candle closes in a matter of hours for confirmation. You can look at the chart for additional/trading information. Namaste.
YLong
by AlanSantana
4
YFII ReaccumulationYFII possibly reaccumulating & re-testing range resistance. If it manages to flip the support, count on gains reaching at least to the 1.618% Fibonacci extension as it puts another leg up. From the present zone, this amounts to roughly a 14% gain. Keep in mind the 1.618% extension is conservative; it may well go higher. Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with high win ratios (80-85% average). I trade fulltime and handpick all the runners myself after conducting a series of volume-to-spread reads and Wyckoff schematic comparisons. Not financial advice. Always DYOR and trade at your own risk.
YLong
by jalapablo
1
DFI.money YFII price grew against the market trendYour attention is a chart of YFIIUSDT on the 3-day time frame. The first thing that catches your eye is that the value of YFII has grown +1200% in less than six months . And this is at a time when the entire crypto market is falling. We could not find a logical or technical explanation for such an abnormal increase in the price of YFII, and even tried to find a news background, but all in vain) Therefore, it is most likely a dangerous manipulation of a low-liquid coin. And only a few will make money on such price manipulation, and the majority of those who will fall for the provocation will pay the "organizers" for it. However, if you know the reason why the price of DFI.Money (YFII) has grown so much, write in the comments below the idea. The second thing that catches the eye is that a bearish "Shooting Star" pattern has formed on the 3-day time frame The minimum target of this pattern is $1500, and the maximum is $1200. So, if you know what kind of project it is and believe in the further growth of the YFIIUSD price, then the first balanced purchase is possible in the range of $1200-1500 And you can also put orders for $850 and $570 - there was an abnormal growth, and there may be the same abnormal falls. Everything is possible in the crypto world. We do not buy YFII yet, but we will gladly read comments from you with thoughts and information about DFI.money (YFII) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
24