YFIUSDT
YFI. We are waiting for correction continuation at $9250-9750.Our pessimistic forecasts regarding the YFI fall came true.
After we published the previous idea , a two-week fall began without corrections.
The price decreased by more than $17,000, or in 2.5 times, the fall was about 60%.
As soon as the price reached the red zone, there was a rebound, which is now 50%.
Just phenomenal volatility)
Now the price is in the critical range $19,000-21,000.
From this range, in case of positive news absence, we expect a new wave of fall in the range $9250-9750.
Of course, now it sounds like unrealistic numbers and everyone is already tuned in to see the historical high update ... Well, we are ready for criticism and will gladly talk with you in the comments!
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YFI Is Dropped 54% And Still More Drop AheadHey friends, hope you are well and welcome to the new update on YFI token.
As in my previous post, I told you even I warned that the price action of YFI token can be crashed upto 90% more. And sofar it has dropped more than 44% in USD market and 54% in Bitcoin market.
Below two basic reasons were base of my prediction for the drop.
1. The formation of the head and should pattern.
2. The formation of final leg of bullish butterfly pattern was expected YFI token in USD market and in Bitcoin market as well.
Formation of bullish Butterfly in USD market:
Formation of bullish Butterfly in Bitcoin market:
At this time it can be observed that the priceline of YFI token has last support at $4684 in US Dollar market as below:
At the same time the price action of year.finance has the Last support at 0.40140 in the Bitcoin market as below:
On the 12 hr chart the price action of YFI token has also formed a double top and turned more bearish.
On daily chart it can be observed that the MACD is turning bearish and the Stochastic has given bear cross. And EMA 10 has formed bear cross with EMA 21. Now even though the priceline has entered in the potential reversal zone of bullish Butterfly but we can wait for EMA 10 to cross up the EMA 21 before placing our buying orders. And also wait for the indicators to give bullish signals.
Conclusion:
The YFI token is very strong bearish and can move more down from here but at the same time it is in the potential reversal zone of butterfly as well. Therefore we need to keep an eye on different indicators and signals carefully before placing the buying orders. Because even though the bullish Butterfly can produce upto 1600% big bullish rally but the potential reversal zone is also very wide.
YFI/BTC (Failed Key Level Support)💎Technical Analysis Summary💎
BINANCE: YFIBTC
-YFI broke its key level of support around 1 BTC
-The price fell fast and already declined its value move than -20%
-There is no clear support down until 0.56 BTC
-That would be another -30% downside
-Please don't try to catch a falling knife
-The market is heavily Bearish
-Wait for any signs of Bullish reversal
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YFI USDT 24H Hello friends
Today we are at your service by examining the yfi currency trend.
After increasing the price to 43,966, we have seen a downward trend. Who could not get out of it many times and hit the line There has been a decrease in prices.
At this time, yfi is in the support area, but due to the downtrend of the market trend, we expect a downturn to the specified targets.
11113
8693
6750
But if the current support from this region returns to the upward trend, we will see an increase to the targets
15481
17700
20500
The crypto market is full of risk and opportunity.
This analysis is only my personal opinion. Trade with your experience and knowledge.
Thanks for sharing your opinion with me.
Yearn Finance YFIUSDT - Elliott Wave + Descending triangle - I did Elliott Wave count and i am still missing one more wave to the downside, before pullback
- Symmetrical triangle broke to the downside and currently there is an descending triangle forming on 4h/12h chart
- Absolutely great buy opportunity at the bottom of the yellow trend line for a short term trade
- You can enter a short position on any futures exchange.
If you want more of these ideas, please hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
YFI/USDTcombination of two analysis of trends and direction of movement. Note the lower orange line where the trend of the trend movement. and the green line is the level of price stability. if it is observed in a relatively short period of time there will be a swing.
if the stability level is in the line between red and orange, it is possible to go to the price 16K - 18K.
BUY/LONG:
OP (Open Position): 13195 - 13520.
TP (Target Price): 14248 - 15276 (UP).
Suport By:
#JuniorOnline
#BabyScrypt
#CryptoTraderNusantara
yfiiusdthave big bang in altcoins yfi and yfii seller in this price is big loser reall price is 7000~14000 in yfii total is 400,000,000,000$ total 2 148,000,000,000$ yfi markert cap 400,000,000$ YFII IS 65,000,000$ TOTAL NUMBER YFI IS 30,000/30,000 YFII 40,000/40,000 WHY DFI MONEY? best network for sent and recive coin polic dont can find coin sender or riciver in yfii or yfi network wanna have 0.15 btc than 21,000,000 or 1yfii than 40,000 new technology ,yfii coin like dimond and gold ,this coin dont have bilyon number like dgb or doge or trx ... please study and work with brain fall reasen is website margin lequid ,dont sell big bang is near
yearn.finance (YFI) - October 10Hello?
Hello, traders.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We have to see if there are fewer people trying to sell.
We have to see if we can stop the rise in selling.
We must see if we can break off the downtrend line and move above the 22000.0 point.
If it does not rise above the MS-Signal indicator, it is highly likely that it will go down.
Therefore, careful trading is necessary.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
Can it reverse and avoid this VERY bearish pattern?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
YFI in a Daily Falling wedge .YFI is in a daily falling wedge that has a bias to break to the upside and can often change trend, which is currently downtrend.
First target is $21,100 (43%)
RSI has bottomed and is giving slight bullish divergence, MACD has given second buy tick today, confirming a buying a wave. As long as Bitcoin doesn't drop below $12k this setup should go well.
Good luck!
Tibor