YFI/usdt (yearn.finance) - Bullish Support & Momentum -1 HourYFI/usdt (yearn.finance) price has found bullish price support and macd momentum in the 1-hour chart.
Entry (long): $21537
Take Profit +6% (exit): $22851
Stop Loss -3% (exit): $20897
Note: need to see a breakout above the descending wedge and price trend change (uptrend) on this hourly chart.
Shorter-term intraday price may pullback before this crypto eventually rallies.
YFI/usdt has less liquidity than other cryptos and more volatility.
Utilize stop loss, position sizing, risk management.
All content is Not financial advice. Trade at your own risk.
YFIUSD
YFI, is price going to breakout this resistance level? The trading range can be clearly identified on the YFI chart. The price is close to the lower limit of the trading range. At the same time, the lower boundary now acts as resistance. The price starts squeezing, this is a positive signal. In case of breakout of the level of the lower border of the range there may be a good opportunity to buy.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
yfi long or short?Black Mountain Analytical Team:
yfi 3 possible scenarios
Wait for the price reaction to the area and zone.
We will wait for the price reaction to the Resistance line and the static Resistance range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
TREND LINE-Resistance area
YFIUSDT- Trend Breakout!YFIUSDT (4h Chart) Technical analysis
YFIUSDT (4h Chart) Currently trading at $33695
Buy level: Above $33483
Stop loss: Below $30811
Target 1: $35390
Target 2: $37125
Target 3: $39200
Target 4: $41700
Max Leverage 3x
Always keep Stop loss
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YFI ve(3,3) Speculation Been making higher highs and higher lows.. lagging the rest of defi as the monthly narrative following the BTC correction to 40k has shifted to FTM, Spookyswap ($BOO), KP3R which outperformed most (see previous charts), and Andre Conje's new ve(3,3) model which he's implementing on SOLID? and KP3R this week.
Follow The Cronje.
If Conje is implementing ve(3,3) on his new project (SOLID?), and he verified he's rolling it out on KP3R this week, there could be evidence for speculative accumulation occurring in YFI as well. He already made an amendment to the YFI tokenomics in late December saying he's issuing an aggressive buyback of shares using treasury funds (like $50m in the treasury.. big whoop), but I think a nice little play on this new emerging ve(3,3) bullish narrative could be YFI at 33700 here.
Local breakout little while back after a triple bottom formation , could also be an inverse head and shoulder if you want to count that middle wick, either way.. slightly bullish.
Overall.. not the most bullish chart I've ever seen but there is sufficient evidence that downside risk is relatively limited, Andre is active and YFI is lagging, and the underlying narrative is what we're trying to get exposure to here. Rising tide floats all boats.
If you want to speculate on ve(3,3) or long term breakout from yfi/weth pair which just occured (ATH was 1 YFI = 120 ETH), assuming maybe there will be correlation with KP3R/WETH which just broke from a long term correction / reaccumulation ) , I think YFI could be an interesting play. This thing usually needs a catalyst to move (news, tweets, partnerships)... let's see if ve(3,3) speculation is good enough.
Not a financial advisor, do your own research.
YFI/USDT ChartHi, I try to post often so if you could like and follow it would mean a lot to me. I will start streaming here on TradingView.
YFI is looking very good right now with a invalidation at 31200$ support and going right to the 34K area. The coin had descending triangles in the previous days that turned out to be bullish. BTC is not looking to bad either so I don't expect a market crash because of bitcoin ( fyi: BTC is looking bullish in the 1H chart so no worries on short term trades). Comment your thoughts on the idea.
I will stream on friday so if you are interested I will talk about every altcoin. Feel free to come and ask questions.
yearn.finance (YFI) - December 25Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(YFIUSD 1W Chart)
Above 18875.5263 point: expected to continue uptrend
Above 30217.9789 point: Expected to create a new wave.
If the price is maintained above the volume profile section being formed in the 23950.8121-30217.9789 section, it is expected to continue the upward trend.
If it declines from the 18875.5263 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously.
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(YFIBTC 1W chart)
The price should hold above the 0.5734 point to turn into an uptrend.
If it declines from the 0.5734 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously.
A move above the 0.9782 point is expected to accelerate the uptrend.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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YFI/USDT ChartBefore I start to talk about YFI I would be grateful if you could like, follow and comment. I am starting to post more often so it would mean a lot.
YFI had two descending triangles in the past weeks that broke the resistance and had a run. After yesterdays bearish divergence on the 4H chart we can expect a small correction to 34K, and then continue the bullish bias toward the coin. In the daily chart the coin doesn't have any recent bearish divergence, so I don't excepect any drop on the mid term. However a major market crash can happen if the bitcoin price movement turns out to be a bull trap. No reason to be worried about that for now. Comment your thoughts about the idea.
YFI - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
YFI is sitting around a strong support zone in green so we will be looking for buy setups.
on H4: YFI is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, YFI would be overall bearish can still trade lower till the lower green support before going up. In this case, we will be looking for new buy setups to form.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MY MINIMALIST CHART ANALYSIS YEARN FINANCE
$YFI
12.17.21
1114H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
Trading what looks like a possible BULL TRAP on a DAILY CHART
We are now looking at a NEW ENTRY POINT in which the market has contracted significantly.
VITAL SIGNS: RSI, STOCH, and VOLUME are all looking good.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE.
Happy Trading Everyone!
INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time, depending on the dynamics of the market.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Vive Le Diamond Hands!
YFIUSD D1: 100% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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YFIUSD D1: 100% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTING.
🔸 Summary and potential trade setup
::: YFIUSD 1day/candle chart review
::: strong chart/ bullish outlook
::: XABCD BULLS setup in progress
::: BUY LOW after pullback from
::: mirror S/R near 22K USD (point D)
::: updated outlook still valid today
::: noteworthy compression in progress
::: expecting one final DIP/pullback
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near my level
::: entry - after 40% CORRECTION
::: up to 150% gains possible later
::: short-term pullback/correction
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +150% gains
::: details: see chart
::: FINAL TP is +150%
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +150% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/150% gains
::: Sentiment short-term: PULLBACK/CORRECTION SOON
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
MY MINIMALIST CHART ANALYSIS FOR YEARN FINANCE$YFI
11.16.21
2353H +8 PACIFIC
ALERT: ENTRY POINTS
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
JUST DYOR ENTRIES. Watch for Price action/ RSI and STOCH, VOLUME, and FIBS. Set your tight stop loss as any geopolitical, natural/man-made calamities will change the course for our TARGET AREAS OF VALUES.
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
YFIUSDT Squeezing and Converging/Trading strategyBINANCE:YFIUSDT
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1H trend chart
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Long-term consolidation zone(pink rectangular) has formed a neckline and we can regard it as support zone now.
Price hit 37458.75 on 10/8, then keeps converging in a triangle formation, direction is still unknown.
So just wait for a break from this triangle, it might go up or down, but we tend to break it up because it's close to the support zone.
If the upper downtrend line can be broken out, trading strategy as below.
-
Profit Targets:
a) 37458.75----Fib(1)
b) 39525.01~40360.63----Fib(1.272~1.382)
c) 42153.42-----Fib(1.618)
Stop losses:
a) 33284.69----Red horizontal ray
-
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Have a nice trading!
💡Don't miss the great buy opportunity in YFIUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (33074.02).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. YFIUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 35050.55
TP2= @ 37510.70
TP3= @ 40701.10
TP4= @ 44013.91
TP5= @ 47181.85
SL= Break below S2
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