YFI/USDT Long Trading Opportunity!The weekly chart has breached a significant resistance level, propelling prices upwards. This surge signals a promising long trading prospect, with a potential target range between USD 70K to 74K.
#YFI/USDT SPOT LONG ENTRY
Leverage: 3x
Entries: $10559
Take profit 1: $13985
Take profit 2: $25266
Take profit 3: $74612
Stop Loss: $6325
Thanks
The sroced.
Yfisignal
YFIUSDT: Fast Short Possible (04.01.2021)On D1, the price broke through the uptrend, after which a correction “zigzag” downward pattern was formed.
At the moment, a correctional "zigzag" pattern is also forming, but upward and on H4.
The downtrend border has become resistance for the price rise.
In addition, RSI (at H4) has reached the overbought level.
In our opinion, the price can test the 76.4% Fibonacci resistance level at h4 (28500), after which a rapid decline is expected to the 14000 level, possibly lower.
We recommend planning short sales of YFIUSDT in the range of 28000-30000 in order to take profit at14000, possibly lower.
YFI ( Add to watchlist )YFI / USDT
Possible Breakout of trendline in 4TF
if this pattern successed the potential targets can be up to 30k-32k zone
watch it carefully
The ema 100 act as support and local support (green area) hold as wells
The price shouldn't break and close below to remain bullish
WORTH ADDING TO YOUR WATCHLIST
this is no financial advice
Good luck for you all 🌹
YFI show flag pattern with both tether and btc pairsYFI / USDT on left side
YFI / BTC on right side
🌟 QUICK ANALYSIS 🌟
PRICE is showing bull flag with both btc and usdt pairs
If the Breakout upward happened targets 26k-30k usdt
Or around 1.6 BTC
If break down happened targets 18k-16k usdt
Or around 1.2 BTC
I hope BTC keep stable here and didnt drop hard then
The possibility of breaking upward will be the on upper hand
Have a plan before trading and use stoploss
Good luck and happy trading 🌹
YFI/USDT clear symmetrical traingleYFI / USDT
🌟analysis🌟
Clear symmetrical traingle formation or flag on 4h frame chart
Breakout of this pattern is extremely bullish
Wait patiently for the break of upper trendline before buy
or buy on the retest
Another thing..the price is above 200 ema which is also bullish and should hold to remain bullish
Good luck and happy trading 🌹
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YFIBTC - Upcoming scenariosDefi zones recovery did not take long.
If we want to be optimistic, the current decline is a correction of the previous uptrend and not the other way around!
With this assumption, our entry point will be in these areas.
On this pair..There are two good points to entry long position.. 1.4 and 1.3
At 1.4 we have static support from the past of Market and fibo 61%. also a positive divergence on 15min frame.
At 1.3 we have static support from the past of Market, fibo78% and 261% of this downside movements.
No significant reversal patterns have been seen yet
I think it is not unlikely to reach the second point
if you are going to long this, I suggest you plan so that you are not surprised!
If the uptrend starts from the first point , it indicates more power and we can expect growth up to 161 %.
If the origin of the uptrend is from the second point , 127 % is a more reliable price target.
If the situation becomes unfavorable due to BTC behavior and support be broken , there is a strong potential for us to reach to round number 1!