YFIUSDT Squeezing and Converging/Trading strategyBINANCE:YFIUSDT
-
1H trend chart
-
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
-
If you like this analysis, give it a like and leave a comment below to share your perspective
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
YFIUSDT
💡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
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
YFIUSDT Technical Analysis
⏳ Spot
💎 YFIUSDT has formed a wedge pattern. After the breakout we see a Bullish flag before the breakout. the price might go for a retest or a pullback after the breakout and then it continues to go higher
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 31990.00
☕️ TP1 35750.00
🍺 TP2 40225.00
🍻 TP3 47255.00
🍾 TP4 57000.00
🍷 TP5 _________
🍸 TP6 _________
🍹 TP7 _________
🎁 TP8 _________
🚫 SL 29680.00
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
YFIUSD D1: 100% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
YFIUSD D1: 100% gains BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: YFIUSD 1days/candle chart review
::: ABCD setup in progress
::: speculative setup
::: do your own due dill / use SL
::: currently ACCUMULATION MODE
::: point D is near 22 000 USD later
::: BUY/ACCUMULATE near point D
::: strong bullish chart for a BOUNCE
::: up to 100% gains possible later
::: short-term pullback possible
::: bulls wait for pullback
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +100% gains
::: details: see chart
::: FINAL TP is 45 000 USD / mirror S/R level
::: recommended strategy: BUY/HOLD after correction
::: best entry near 22 000 USD
::: TP BULLS +100% gains BUY/HOLD
::: 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/PUMP/45000
::: Sentiment short-term: BEARS/PULLBACK/22000
RISK DISCLAIMER:
Trading 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.
YfiiusdtCoin total 40,000/40,000
Price can go up 50,000$
This coin better than bitcoin or eth for hold
Yfii like yfi best coin for holder
Best price for buy
I say buy in 4000$ now 50%pump price 6000$ we have big pump is near
YFIUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price can hit the twin floor pattern. But if it can break the resistance line in front of it and stabilize it, it can touch our big goal over time. But if it penetrates and stabilizes below the support line, we can consider the fall to the next support.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
YFIUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, the price is fluctuating inside an ascending triangle, which has now been able to break the triangle upwards. We intend the price to touch its target. And as long as it is above the price support line, it can continue to climb.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
$YFIUSDT - DivergenceHello everyone!
There is a divergence on YFIUSDT!
While the Relative Strength and the Volume is going down, the price is going upwards.
The explanation to this is that all crypto are following Bitcoin but at some point buyers would start accumulating their profits, hence we are looking to short it.