YFIUSD
✳️Yearn.Finance/USDT (28/11) View + Trading Plan #YFI $YFIYFI is still showing strong buying pressure after retesting the broken 18000$ zone as our previous analysis.
The target for YFI is 30000$ and even 40000$. However, the 30000$ zone is very strong and it can cause the YFI to fall sharply.
But if YFI falls out of the zone of 21000$, then YFI will continue to fall to 17500$ and even 12500$
📈BUY- LONG
-Buy: 21000-22000$.SL B
-Buy: 24000-25000$ if A. SL B
📉SELL-SHORT
-Sell: 30000-31500$. SL A
-Sell: 40000-42000$. SL A
♻️BACK-UP
-Sell: 21000-22000$ if B. SL A
-Buy: 17000-18000$. SL B
-Sell: 17000-18000$ if B. SL A
-Buy: 12000-13000. SL B
-Sell: 12000-13000 if B. SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFIUSDT Resistance level Breakout(LONG Entry With small SL)#YFIUSDTUSDT Technical Analysis Update
Resistance Breakout
YFI/USDT currently trading at $29000
LONG ENTRY LEVEL:29000- 29600
STOP LOSS: Below 28200
Resistance level 1( Target): $34000
Resistance level 2 (Target ): $39500
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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YFI 12h Absorbing and joining preparing for the price explosion?The news from 1 December of Sushiswap & Yearn.Finance join and the flow of blocked funds blew up the Sushi and YFI price.
We suggest at the same time to evaluate a fresh idea for Sushi.
So, the above news helped YFI break the trend and easily rise in value from $26,000 to $31,000.
For the second time, YFI price tested for the strength the last defensive bastion of sellers, which was described in the previous idea.
Possible scenarios for the coming weeks:
Sellers will again try to push the price back to the liquidity zone of $21,000-22,500.
If in this zone, sellers show their strength and are able to lower the price below $18,300 , then the Double Top pattern will be activated. The final target for it is in the zone $10,000-11,500.
If buyers show their strength, they will drive the price up to the previous high in the range of $44,000.
YFI/USDT - Levels to watch, YFI is very bullishYFI has broken local resistance and ran for a nice 10% gains.
The next levels are on the chart. We are currently testing the 31.5k resistance level which will provide a short relief, but the momentum is very bullish which will be augmented by any BTC rally.
Aim to buy any retests of resistance turned support as we go up the ladder as indicated by the arrow path. This is indicative so use your best judgement when entering and adapt as price moves giving you more hints on future price action. Also use stop-losses as YFI can correct quite quickly and deep.
$YFI, Showing some signs of accumulation over ~1.33$ $YFI
Showing some signs of accumulation over ~1.33$ w/ EMA50 acting as support
For now, volume has been decreasing but if you look on lLTFs you may see that this is starting to change
UCTS indicator 1D Buy signal active
If gets traction (volume), then aiming for ~1.7$ !
#YFI
YFIUSDT ( Descending Channel)In the chart we can see Big bounce from the support zone, I believe it could stay above 20,000.
YFI/USDT currently trading at $23500
LONG ENTRY: After The Descending Channel Breakout
STOP LOSS ( support): I will update once Descending channel Breakout
Resistance level 1(Target) : $34000
Resistance Level 2(Target): $44000
Max Leverage: 5X
ALWAYS KEEP STOP LOSS...
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YFI - countdown for Rocket 3-2-1........... LIFT OFF !YFI - after the long consolidation YFI seems rdy for the next huge run. First off all, weneed at all costs the confirmation which is currently running, afterwards breaking one by one the last highs and loading up for the ATH as target. To stay bullish YFI should not see anymore 22000$ prices and 4h closes under it
#YFI ( $YFI / $BTC ) is ready for a moonshot!Hello there ladies and gentlemen, BulloTaurus here with an awesome find!
#YFI has retraced perfectly into 0.618 Fibonacci Retracement level that acts now as a support for upcoming altcoin bounce.
Bitcoin has ruined most altcoins to run further, making the so needed correction for a healthy uptrend.
Personally i think yearn.finance has good potential for mid-long term because it acts as a big gravity point to most DeFi projects and inspired other cryptocurrency appeared later on.
Risk: 4
Reward: 8
Disclaimer!
This post does not provide any direct financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority.
Trading is risky, and it is not suitable for everyone.
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