YFIUSDT
Will it be different this time? YFI Will it be different this time? Following on from my previous YFI chart. I'm still waiting to go long.
What are everyones thoughts?
RSI is showing a clear bullish divergence.
YFIUSDT, Supposedly These are the WavesYFIUSDT, Supposedly These are the Waves
Elliott wave principle.
YFI 12500 or 11700? then 22300? Let see!so i don't see bullish market on YFI after last analysis! so we need go deeper to break RED trend AGAIN!
i think the last station YFI can stay on it is 11700 so keep eye on CHART as always we have GREEN AND BLUE way and i think green is going to happen!
thanks for reading let see what will happen 12500 or 11700? 11700 in my opinion
Good luck Guys! SEE my old YFI analysis! thanks
YFI/BTC (Testing Key Support Level)💎Technical Analysis Summary💎
BINANCE: YFIBTC
-YFI broke bearish after confirming the H&S pattern
-It reaches the key level of support today
-Buying during a heavy downtrend is a high risk
-This is the first touch so it is hard to say it will hold
-We need further consolidation and more green candles
-Let us wait for a few more days and look for patter reversals
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
YFI is going to bounce in 12200~11200 range!!12200~11200 is strong enough to reverse the trendline
and we shall see a good spike after testing that area
which is a good opportunity to set up long positions
YFI broke down the neckline!Price broke down neckline at $20K.
Buy Zone: 2K - 11K
Keep an eye on this week's price movements, including Bitcoin.
ALGO- one of the best expecting high coffee times!Expecting that ALGO will hit the high coffee time.
follow for more coffee times updates.
THE GREAT CHANCE TO BUY YFI WITH COFFEE TIME!Expecting that this are the best moment to buy YFI for long term effect.
---> YFI BREAKOUT coming.
All our before coffee time for YFI hit.
YFI increase trend on made
# not an advice.
YFI - Yearn finance 24-28K - Coffee time coming!YFI - Yearn finance 24-28K - Coffee time coming!
The next coffee time are at high
our before coffee time --
and this coffee time already hit, the next one are at up trend.
Follow/like
Warning!!! It Can Be 90% More Drop Before The Next Bullish RallyHey friends hope you are well and welcome the new update on yearn.finance token.
On daily chart the priceline of YFI token has formed a perfect Head & Shoulder Pattern and broke down the neckline. The neckline was at $20K.
On small time period 4-hour chart the priceline was moving in a perfect uptrend. On 19 Sep the price action has broken down this uptrend-line and now it has established a downtrend and broke down all simple moving averages with the time period of 25, 50, 100 and 200 as well.
Now the price action of yearn.finance is forming different harmonic moves in USD and Bitcoin markets as below:
The harmonic move in US Dollar market:
The priceline of yearn.finance is completing the final leg of bullish Butterfly and soon it will be entered in potential reversal zone.
The targets as per the Fibonacci sequence of Butterfly are:
Potential reversal or buying zone: $11060 to $2044
Fibonacci projection or sell zone: $18058 to $34994
The harmonic move in Bitcoin market:
The priceline of yearn.finance ( YFI ) is completing the final leg of bullish Butterfly and soon it will be entered in potential reversal zone.
The targets as per the Fibonacci sequence of Butterfly are:
Potential reversal or buying zone: 1.1557 to 0.3215 btc
Fibonacci projection or sell zone: 1.8030 to 3.3728 btc
Conclusion:
As the priceline is expected to have more drastic drop in near future. But as the priceline is also completing final leg of bullish reversal moves therefore after completing this rally to the down side another rally to the upside can be expected that can be upto 1600%.
Where is the dip?My forecast for the biggest DEFI project. Still there is space to find the bottom I believe.
Do your own research before making any decisions and if this is DEFI do more research and think twice before you invest.
Catch the Falling YFI KnifeThis is very obviously a high-risk trade on a very young and volatile asset - proceed with caution. YFI is about to hit a support level - given the fact that this is the only historical support level around this price level in this young asset's life, there is a strong chance we'll see a little bounce. For the record - I am not entering this trade as it's too high risk. If you do trade this, watch it closely, use a stop loss, and GIGO (Get In GetOut). Enjoy!
Learn how to create passive income with cryptocurrency at passivecryp.to!
YFIUSDTThe great YFI is likely going to dump. Here are my reasons.
Using technical analysis, a head and shoulder pattern is clearly shown on the chart as seen which also indicates its ATH (All Time High). On a 4 hour timeframe, price has broken and retested the first zone and now resting on the second zone. A break on the second zone will give higher possibilities of the dump taking place.
Fundamentally, there is a rumor that 1 million YFI has been transferred to binance exchange. A dump is likely to take place folks.
Take great caution with some altcoins you are holding and stay safe.
Please let me know your thoughts in the comment section.
Yearn Finance YFI - Parallel channel + Elliott waveTake a look at daily candles, as you can see - there is a bullish hammer right at the horizontal resistance support. Impulse Elliott wave completed and this channel looks like it wants to breakout.
Please, hit the like button and follow me for more of these ideas!
Also, check my signature down below ↓
YFI - Short / Long SETUP#YFI has lost the Monthly Weekly open.
Trading underneath the Daily 200 EMA
Lose the diagonal and & the 25% range and we head lower to demand zones for buying support.
Note* I may short a retest red line - Long impulse - the green.
1 YFI = 1 BTCIt does not make sense for YFI to be worth more than bitcoin. It has also recently gained a fiat off-ramp at Gemini.
Weekly close may provide as support, I think the price where it first crossed over bitcoin makes sense as reversal if it doesn't completely die.
YFI - S/R Flip testLet's see how it goes. Was stopped out on the last one trade. Do not plan to open a new one until $12k (the next support) or above $21k.
To be bullish again it needs daily close above $21 at least. On the other hand, considering a small coin supply (this includes locked tokens in yGov, Vaults and other farms) it's kinda hard to predict the next move using TA only.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
Buy YFI target 19700 (SUPPER BULLISH IF BREAK 19700)i think YFI can be super bullish YFI can break the Red Trend so let give it a chance
btw i think green is going to happen! so watch the YFI come back to game!
our 2 last yfi analysis hit the target easily i hope you enjoy my last 2 one and now wait for red trend line if break, YFI can come back to game!
Still Short YFIClosed 25% of my short position.
It would have been nice to see some divergence with the RSI and since it is not I am waiting till $15374 to close another 25%
I will then determine further action. I still see $12000 as a strong possibility.
Still not oversold on the day chart.
Have fun trading!
This is not financial advice.
