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)
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Yfiifinance
$YFII/USDT 6h (Binance Futures) Symmetrical triangle breakoutDFI.Money is retesting the broken triangle, I expect a bounce here, let's swing!
Current Price= 1769.2
Buy Entry= 1748.2 - 1705.2
Take Profit= 1960.6 | 2227.6 | 2449.2
Stop Loss= 1596.4
Risk/Reward= 1:1.8 | 1:3.84 | 1:5.54
Expected Profit= +27.10% | +58.02% | +83.68%
Possible Loss= -15.10%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 360h