YFI/USDT : Breakout confirmed BINANCE:YFIUSDT
Hello everyone 😃
YFI formed a triangle recently and it breaks triangle and take hold above it,..
For now we expect a retest on triangle and it could be a good entry zone to take long position on it !
By the way Stochastic Rainbow had a bullish crossover, which can confirm our vision.
🔴 EMAs can hold price for hours so sideway movement is also possible.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
YFIUSDT
YFIUSDT H16: BEST Level to BUY/HOLD 90% gains(SL/TP)(UPDATED)Why get subbed to me on Tradingview?
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YFIUSDT H16: BEST Level to BUY/HOLD 90% gains(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Congrats if you followed my original trade setup.
you are up 30% already, nice work!
click play to recap the original setup.
🔸 Summary and potential trade setup
::: YFIUSDT 16hour chart review
::: updated/revised outlook
::: buying low still makes sense
::: chart looks good /strong
::: some resistance overhead
::: expect pullback off 31650
::: expecting short-term pullback
::: BULLS BUY any pullback/dips
::: TP bulls +75% gains
::: BULLS get ready to BUY after pullback
::: TP bulls is +75% gains later
::: expecting a run up until 36800
::: FINAL TP is 36800 BULLS
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW 21000/22000 BUY/HOLD
::: TP BULLS +75% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BULLS
YFI has a potential head and shoulders patternHello, friends, I am the captain!
The mid-line time frame of YFI may build a head-and-shoulders structure. If it falls below $22051 in recent days, the captain intends to go short at $22051. The stop loss is currently set at $25,460, and the first target is about $15,000. , If the market outlook can fall as expected to form a head and shoulders, then I will update the real-time stop loss point and profit target to the bottom of this article.
The above is the captain's strategy for the current trend of the YFI currency. If the head and shoulders cannot be formed, a convergence triangle may be formed later or a wide fluctuation may continue.
Okay, that’s all for today’s sharing. If you like Captain, please follow me! Good luck everyone!
Disclaimer: This chart and text are not as investment advice, and you are responsible for your own profits and losses based on this operation!
YFI 12h H&S Reversal Pattern and Possible Strong Price FallIt looks like the YFI price is facing dark times.
On the chart, for the second time, a H&S reversal pattern is drawn.
A few months ago, we were one of the first to publish the idea with the H&S on the YFIUSDT chart and it worked out perfectly.
Now, again there is a threat of a sharp price fall.
Below $22,500 there is still a level of $21,000, and then there is an emptiness up to $16,750.
The volumes suggest that there is no interest in the coin.
The only thing we can control in the market is compliance with risks.
According to the TA canons, after the fall, the price must test the base of the H&S for strength from the bottom.
However, the global targets for the figure fulfillment are in the zone of $11,500-13,000.
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YFIUSDT (Resistance line Breakout)#YFIUSDT Technical Analysis Update
Resistance Breakout
YFI/USDT currently trading at $26600
LONG ENTRY level: 24500 to 25000
STOP LOSS: Below $23700
Resistance level 1( Target 1): $26900
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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