YFIUSDT
YFIUSDT middle lineI will keep my eyes on the blue line , if it becomes resistance this is a good short signal , if there is going out of bounds up then a good long signal
YFI/USDT BINANCE4H hollow candles
Price range inside the ascending white triangle.
Rank #42
yearn.finance Price (YFI) = $31,512.92
+6.15%
0.9402 BTC
Good Luck
#CryptoHellas
YFI/USD - At critical support - will it hold?YFI is in a critical spot in the larger pattern testing the ascending support line and previous top support line.
If we fall from here, then we're going much lower. Next support levels are on the chart at $25k and $21k.
Unfortunately the daily indicators are not encouraging, both MACD and RSI can fall much more.
Unless we get some nice buy pressure soon, I don't see how YFI can last another drop from BTC / overall market. Nevertheless, if that happens the first support line is not that far down.
Unless we get some buy pressure soon, I do not recommend buying here, wait for price to give more signs of reversal.
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YFI / Final analysis 2021.01.21Final analysis: The trend will be determined in a few hours. Given that BTC dominance is being maintained, we are probably nearing the end of the market downturn and the uptrend will begin in another hour. In this diagram, three possible trends are identified.
Red, green and white arrows
YFI UPDATE 2021.01.19If the candle is closed above bb --> 60,000$ , the upward trend will continue and it can be achieved in 4 models with different colors.
If the candle is closed above 60,000 bb, the upward trend will continue and it can be achieved in 4 models with different colors.
The chart is a bit confusing but it will be a climb in summary, you can check and analyze the trend by choosing any color.
YFI.USDT (Y21.P6.E2).Looking for an entry.StalkingHi All
(ref.W.chart)
YFI is coming along nice. In my previous post, I caught the breakout and cashed in the profits.
Now revisiting the chart, I see it coming along nicely and if it plays out the higher high, meaning continues a macro trend, then I will be very interested once it breaks resistance and does the retest for the former resistance.
Such charts or price action give lots of % on the support area as I stated.
Look a my PARSIQ chart or the 1INCH chart, you will see the move there.
Lets hope it comes along and more importantly we don't miss it.
All the best,
S.SAri.
NOTE: The entry at the lower time frames requires its own strategy. This cannot be covered here as we don't know how it would look like at the time if or when it comes.
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YFI long termYFI has yet to regain its ATH against ETH. YFI is the powerhouse of the defi ecosystem, yet has underperformed compared to AAVE or UNI. As both ETH and YFI enter a bull-run caused by defi, YFI will outperform ETH which itself will enter parabolic new highs. Expect long term value-creation.
Keep an eye on YFIYFI make a great support here , it can move to top of the channel , take care of alts
ALT Season - What to look in to choose a coinWe waited for it since 4 years, alt season is on the corner. We see first movements on most bullish alts like RSR, VET, REN, etc.
But what is the most important right now : find those that didnt pump yet. And when they do pump, make sure we roll profit in some
alts that didnt pump yet.
Here is my best trick for you : they all tend to follow BTC 2020 parabola pattern. BUT THEY ARE LATE. We see them coming!
We see it in all category of alts : from Major caps to shitcoins.
I give you an example here with RSR, one of the most hyped alt coin.
YFI / USDT - Ascending UpdateAscending Update - I hope this chart follows
Thoroughly checked and checked in all indicators, signs of ascent are evident.
YFI-4h. Buyers have a chance to test $ 43,000.A few steps were not enough for YFI buyers to test the historical high. After a grueling price consolidation at $30,000 , buyers were able to set a new local high of $39,930.
Of course, this is good news. However, after 50 days of consolidation , buyers managed to grow by only 50% . If you look at the dynamics of YFI price growth from November 5 to 19, it becomes clear that buyers do not have enough strength for a new aggressive wave of growth.
The YFI price has tested the upper trend line of the wedge , in which the price has been trading since the beginning of November. Buyers are now trying to consolidate above the previous strong level of $30,000.
If buyers fail to break the $43,000 mark , the probability of a reversal of the growth trend and the test of the $20,800-22,000 range will increase significantly.
The global level that YFI holds remains unchanged at $18,000 . Continuing the downward wave in the BTC market to the $26,000 mark will help YFI sellers test this mark. The situation is tense. You need to be extremely careful:
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YFI/USD - Finding support before next push towards ATH YFI corrected like all the crypto market and is now finding support just around $30k or Fib 61.8%. We may drop another leg down towards $27k but that is uncertain now.
Regardless if we find support at 30k or 27k we have a good chance to see YFI making another strong leg up towards ATH as indicated by the chart.
The indicators are looking good and momentum has not been lost, thus my bias remains bullish once we confirm the support level from above.
Aim to long the support levels, a good target is 36k and then ATH level.
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