YFIIUSDT - Potential breakdown 🔽YFIIUSDT is printing a descending triangle pattern.
Price is testing the descending triangle support.
Sell entry ⬇️ - breakdown below the descending triangle support
Target 🎯 - fibonacci extension levels
Setup invalidation ❌ - breakout above the descending triangle inclined resistance.
Yfii
YFII Bullish Pennant Breakout setupprice made good breakout at the bullish pennant
Buy small amount below 1900 $
stop manual if btc behaves bad
YFIUSDT (Channel breakout)#YFIUSDT Technical Analysis Update
Channel Breakout
YFI/USDT currently trading at $25700
LONG ENTRY Level: 25800-2600(only enter after 4-hour candle close )
STOP LOSS: below $24300
Resistance level 1 (Target 1) :$27100
Resistance level 2 (Target 2): $29400
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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YFII UpdateHi Guys
YFII is looking bullish here, IH&S pattern and also breaking trend line, you can buy if 4hr close above the trend line or buy on retest level.
Target on the chart, short term.
Best of Luck
Like and follow us
Thanks
Cryptossking
YFIIUSDT - Potential buy entry 🔼. YFIIUSDT is testing the major descending channel support.
Price action is printing a minor falling wedge pattern.
Buy entry ⬆️ - breakout above the falling wedge resistance + previous swing high.
Target 🎯 - major descending triangle resistance.
Setup invalidation ❌ - breakdown below the falling wedge low.
YFII/USDT 2 Hour Chart ScallopThis is a clean scallop which at a minimum should regain a 65% of the overall heights the price action fell from given time. Targets are marked for take profit levels where pullbacks should take place. Green line marks safe buy in point.
LONG- YFII USD Chart analysis- In a natural correction.Long term investor, and trading of my own personal funds. Long term Trading View peruser, but this is my first post, so please bare with me, as I learn to get my views across.
// Fundamentals
A strong project by Year Finance, that originated as a fork from YFI. The big difference between the two, is that YFII is a community driven project. Some great people in the team.
In a DeFi world that saw a boom in Sept, and an sector that will be very lucrative going forward.
// Technically
YFIISUD has been behaving very technically, in my opinion. As with most projects, it reacts to the big brother's (BTC) moves. Comparatively to YFI, which saw a much stronger correction to the upside following the 26th Nov sell off in BTC, YFII grew slowly, but steadily to the upside. With corrections since decoupling from most moves in YFI.
To me it seems we're clearly in the C leg of an ABC correction to the downside, wave 2 on the higher degree. It is quite possibly that we retrace further from here to the golden zone of .618- .65 fibonacci, or even the the .707. There is price action and previous support at those levels, in and around 1630-1550 USD.
We are in the hands of the BTC gods on the final bottom of wave 2. However from there, we go into wave 3, where the upside is significant. First also target sits at 3,100 USD. I am personally adding to my position when I have clarity on the start of wave 3. My rule is to wait for the pop, then for the retrace of that pop, and only at that point do I add to my position. I am not a seller, and merely use the correction, to add further to my longs.
// Summary
Very important to keep an eye on BTC. I'm personally long on BTC, DASH, YFII, and ETH. Corrections are imperative, and allow the market to stabilise. Find it's support, help investors accumulate and build for stable growth.
There is a significant amount of institutional investment happening in the Crypto sphere, and understandably and a limited supply asset class like BTC provides a good hedge against weakening currencies.
21% of all dollars in circulation were printed in 2020. Let that sink in.
Thank you for reading!
Espen
"Shopping time" Bitcoin TimeCycle Next Price Spike is on 15 JanSo after our last rally on BITSTAMP:BTCUSD and if bitcoin continuous the bullish movement, I think we will go flat and on sideways for the next 40 Days , and BTC will try to calm down since RSI is showing a clear overbuy signals,
and there will be a price spike on Mid of Jan 2021.
In the next 40 Days the market will be boring especially for the future traders.
the same pattern has been followed by BTC which is 45 Bullish Days & 45 Flat Days since Mid April.
Of course these are the time where we advise to go shopping and fill your wallet with the most reliable alt coins such as ETH, XLM, ADA, XRP, DASH, ICX, NEO, YFII and LTC since BTC dominance is affecting the prices of these alts and once we start the next rally: you will never be able to buy at the current Prices again.
Current Prices
BTC : 19150
ETH : 595
XLM : 0.17
XRP : 0.60
DASH : 100
ADA : 0.16
ICX : 0.40
LTC : 82
YFII : 1940
NEO: 17.8
Hope the best for Y 'all.
HUGE BREKDOWN TREND - CRASH EXPECTING ON YFI BE ALERT!!Depending on my last update expecting that YFI will breakdown huge.
The first target are 19K for start of crash trend, and expecting at long term we will see only down trend that even from 12K and lower possible.
There are some important trends-news makes my expecting this crash
As we know always use good stop limit and trade safe
Have good time ALL
YFIIBUSD Correction with 1 projection ? (TA)YFIIBUSD potential drop to target one projection fibonacci (1st. blue) and to 0.5 fib (2st. red). for that :
1. STOCH : 5 3 3 , Momentum overbought on daily, hourly charts
2. MA : 21 34 90, 90 (blue) above candle and candle under MA impenetrable.
3. VOL : Negative (red)
4. Candle : Expect engulfing
Thats my analysis, and im learning too thanks.
Warning : Not 100%
YFII Printing Bullish Signals In an Ascending TriangleYFII has been printing bullish signals within an ascending triangle and a bull flag. Set your alert on TradingView on the breakout of this bull flag and let the price action ride. Targets (resistances) are mapped on the chart.
YFII / USDT ascending channel YFII / USDT
🌟 Techincal Analysis 🌟
Price is moving in ascending channel
And we can see big wick Happened yesterday
Because high sell pressure due to BTC drop
But finally buyers showed strength and a upper hand
And now price in bottom the channel (lower trendline)
If the Local support hold and price didnt close below the channel
There is high chance we can see nice pump like i expect in chart
This is not a financial advice
Please have a plan before trading and use stoploss
Good luck and happy trading 🌹
YFII vs BTC not as Solid as YFIBTC, But Still Good!This one here, after I mention that these pairs are moving together, does not look as good as YFIBTC.
We are now looking at YFIIBTC.
Even though we have a strong reversal signal in the form of the Doji that appeared on Nov. 26, we still have prices trading below all EMAs. That is, EMA10, EMA21, and EMA50.
The RSI and MACD are both still in the bearish zone.
The trading volume is also low.
But the fact that we have prices trading above the Fib. support level and going flat...
Can be a bullish signal but nonetheless, we have both; MIXED SIGNALS.
We need a good volume bar to come in as prices move above EMA10.
This would be a strong signal in favor of the bulls and we can say that YFIIBTC will grow next.
For now, consolidation is taking place.
Namaste.
YFII 2+ week playSimilar to YFI, but the laggard so more catching up to do, higher r:r but likely will move slower.
YFII vs TetherUS Looks Better Then YFIIBTCThis is the last one, YFIIUSDT.
Looking at YFIIBTC, these two are very, very similar but the USDT pair for this one is more "advanced".
Here we have prices already trading above EMA21 while at the same time challenging EMA10.
Moving and staying above these two levels is a bullish development.
Prices also managed to move back above the Fib. retracement support level and the RSI is already strong.
With a little more momentum coming from the bulls and we can see prices go up.
Conditions for change
If momentum is lost and prices move back below EMA21 and the low hit Nov. 26, then it is likely YFIIUSDT will test lower support levels.
Namaste.
YFIUSDT Is Back Above the Support Again - Enter a Long Trade NOWAll information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message
YFIIUSDT - Possible price actions YFIIUSDT is testing the descending channel resistance.
Price action is printing a descending triangle pattern.
We could see a breakdown below the triangle support⬇️ or a breakout above the descending channel resistance ⬆️.
YFII - Short term FIB long targetsYFII broke the previous trend line, looks like it bottomed out. If this bottom stays then the FIB retracement looks pretty identical to the previous wave. New long FIB targets.
