Get started

YFIUSDT

YFI - Still Bullish (No mint for YFI token proposal)A bit cooled off from the highs (Coinbase pro event) and on the support atm. But despite this still has a room to grow. But there's still a proposal to "burn YFI minting ability permanently" which I'm excited about. And it's winning right now, so I assume it will be implemented. Thus, no YFI minting can ever take place again! This could have a significant impact on the price if adopted. Hit the "LIKE" button and follow to support, thank you! Information is just for educational purposes, never financial advice. Always do your own research.
Long
by Bitduke
3
YFI about to perform 14% move from bull pattern!YFI is currently in an ascending triangle which is an bullish pattern. The price has already broken the resistance area of the triangle and confirmed it as a support, and the move up is already happening. I don't expect YFI to retest the ascending triangle uptrend line, but it's a possibility. Either buy market or buy the break of $36.688. Take profit below $39.000 and below $41.500 If the uptrend line of this ascending triangle gets broken, that would invalid this setup. Good luck! Tibor
Long
by TiborVrbovsky
9
BITCOIN - breakout still possible to 11k increase trend comingAs we have seen we got rejected by last increase, we already have try 2 times to breakout with BTC, and dont worry, we still have the option for the trading way : 3 lines trading , and thats exactly what happend now. Bitcoin could still breakout to 11k+ and i see it still as up trend. BTC did breakdown 3.60%, what are normally recovery trend. Can we breakdown also? sure, everting at btc possible. but as the trends looks now its increase trend, and waiting the long term 11k. # SPX shows also a signals of increase, but could be good for BTC. whale effect? The most whales still holding BTC. there should be no sell panic. If you like my post, pleas follow and like Thank you
Long
by Protixder
9
YFII: Decentralized Finance and Market PsychologyIf you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I'll be explaining the speculative nature of the alt-coin market, exemplified by the defi hype. Analysis - It's extremely difficult, almost impossible to apply technical analysis to the newly listed Defi coins on major cryptocurrency exchanges - They have very little price history data, and most of their fundamentals in terms of project development, is questionable to say the least - In the case of YFII, we can look at the hourly chart to speculate its next move - As the 'Defi-hype' is not over yet, there is still a lot of capital flowing into altcoins, and bullish movements are supported by high volume - Based on market psychology, people who have missed out of the YFI opportunity, are jumping into YFII, in fears of missing out - Based on the trend, we can see that a "U" shape recovery is taking place, with potentiality for YFII to hit its previous high once again - It has gone up over 100% already from the local bottom, and has an 80% upside to the next top - The Ichimoku cloud confirms the bullish trend, as prices are trading above the cloud. The cryptocurrency altcoin market, currently driven by the Defi-hype, is just another phase of a speculative market after the 2017 ICO phase, and 2018 STO phase. Don't predict the market. Take it by levels, and play by probabilities. - Michael Wang-
Y
by Michael_Wang_Official
8
YFI. 1D. High risk of correction to $15,500.YFI is the native token of the DeFi project, Yearn.finance . But YFI is not just a token that can get more expensive or cheaper. It is also an asset with which you can participate in the work of the Yearn.finance platform in terms of defining its development strategy. The main growth triggers were the hype around DeFi and the fact that YFI is one of the most scarce cryptoassets. There are only 29,963 coins in circulation, and their total supply is 30,000. Still, the icing on the cake was YFI's listing on one of the world's largest crypto exchanges, Binance. Result: parabolic growth without rollback to $39,690. But now side effects from the rapid growth of the DeFi projects are beginning to emerge: vulnerabilities, SCAMs, margin liquidations. And it means that we can assume that the first wave of hype is over and it's time to talk about a correction. To begin with, the YFI price should be corrected to the mark $15,500 , if more globally, then to the mark $5500. There are targets even lower, but we don't want to scare you yet. However, if in the coming days the price rises above $35,000 for YFI, then the chances of the first wave of hype continuation will be extremely high. Who knows what to expect from DeFi projects, maybe it is really a breakthrough in the crypto world, or maybe it is a deja vu ISO projects of 2016-2017 (who traded at that time will confirm that the feelings are the same). __________________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :).
Short
by P_S_trade
4