YFIUSDTPERP
YFI BUY When Breakout ConfirmedYFI BUY When a breakout is confirmed
Signal: Blue -> Green, Red -> Green
YFI, yearn.finance, YFIUSD, YFIUSDT, YFIUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
YFIUSDT $1,00,000 Soon!YFIUSDTUSDT(Day CHART) Technical Analysis Update
Resistance becomes support
YFI/USDT currently trading at $67,000
Buy-level: $62,000 - $67,000
Stop loss: Below $52,000
Target 1: $75,000
Target 2: $81,000
Target 3: $90,000
Target 4: $1,00,000
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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YFI 1D Careful with long, active sales started, drawing PinbarWe missed something about YFI and haven't analyzed it for a long time, but in vain)
YFIUSDT price came to life and soundly updated the maximum, new ATH $95,000
After yesterday's strong growth, today at the daily candlestick, the price of YFIUSD begins to draw a pinbar. And if today the value of the token of the Yearn.finance project closes in the range of $80-85K, then a Pin bar will finally form, which in turn will be perceived by traders as a strong reversal signal.
The consequences of a reversal after such growth are difficult to assess, however, we note that the strong liquid zone where YFIUSDT longs were accumulated is $30-44 thousand. If we take a little narrower, then the range of $34,000-37,500 can be considered a tasty zone for investment long term.
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YFI (Yearn.finance) Token Analysis 15/03/2021Fundamentals:
Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.
Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.
Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.
Yearn.finance set out to simplify DeFi investment and activities such as yield farming for the broader investor sector.
The platform makes use of various bespoke tools to act as an aggregator for DeFi protocols such as Curve, Compound and Aave, bringing those who stake cryptocurrency the highest possible yield.
New features continue to be rolled out, these aiming, among other things, to help preserve the long-term value of the platform.
Yearn.finance makes a profit by charging withdrawal fees, currently 0.5% at the end of September 2020, as well as 5% gas subsidization fees. Due to its governance model, these can technically be changed by consensus at any time.
The target market for yearn.finance is investors who do not have the time to study the increasingly complex DeFi phenomenon from scratch, or who wish to optimize their returns.
Yearn.finance is the brainchild of Andre Cronje. After leaving the iEarn project in February 2020, Cronje returned to oversee a rebirth, with new tools emerging and YFI going live in July.
Since then, its fortunes have turned around, with assets under total value locked coming in at just over $1 billion as of the end of September 2020.
Cronje has a long career in cryptocurrency and has become synonymous with DeFi in particular. He also has positions at smart contract ecosystem Fantom and CryptoBriefing, a resource dedicated to initial coin offerings (ICOs) and crypto media.
Technical Analysis:
as you can see the price is Rallying in a PitchFan and there exist a Hidden Bullish Divergence between the Price and MACD Histogram which is the sign of trend continuation.
there are total of 2 Targets specified by the Fibonacci projection of the initial wave and their confluences with the PitchFan levels.
Great buy opportunity in YFI🚀Hello guys
As we can see price is moving in Ascending triangle from few days, we can expect a Breakout from Green Resistance box or maybe we can retrace to 0.61, 0.5 or 0.38 FIB level before we head to the Resistance.
- Wait for the Candle closure above the Green Resistance box.
- Put your Stop Loss below the breakout candle or green support area.
- Take Profit:
1- $63000 (1.27 FIB level)
2- $69900 (1.61 FIB level) or Trail it with a Trailing SL.
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YFI triangle breakout was expected will it reach 50000.00 ?YFIUSD
YFI is an Etherium token that governs the yearn finance platform. And the current market cap was around 84 Million in Indian value. The price of the YFI
will mostly correlate with Etherium classic,cardano and steller lumens.
We have identified triangle pattern in YFI as the weekend traders will try to push the price lower towards lower side of the trend line where we can buy this coin
this will give us a high risk reward ratio and the potential upside target would be 43700 which is current all time high.2021 high was 40000.00 and 50000.00 will
act as strong topside resistance for the bull yfiusd
YFI Weak price action YFIUSDYFI showing little bullish action
Within a channel
A sort of head and shoulders pattern has emerged, (what I would classify as a H&S, some wouldn't)
Thick grey line is where I expect price to land, this would be the best spot to enter for a long position
First chart for YFI
YFI/USDT : retest on ATH's resistance BINANCE:YFIUSDT
Hello everyone 😃
YFI had a retest on last ATH's resistance and now it's bouncing again !
Current level will be good for it to follow and take advantage from it.
📌 It might retest this line again, Cause volatility and RSI levels are high...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
YFI/USTD can reach to 57k - 100k ?For YFI/USDT, as I said on the channel, in case of breakout the yellow level YFI can rise to 43k - 48k - 50k , which happened very quickly and I could not publish its analysis here.
Now I think he can make a correction to the level of 40k to 43k and then move back to the retest resistance of 57k and goes to 100k.
It should be noted that the YFI / BTC chart has a positive correlation with the dollar chart, the analysis of which I published in the previous post:
YFI Breakout Setup | YFI All time highYFI cryptocurrency price is ready to break above the trend line.
YFI cryptocurrency token price can move higher and higher after breakout above the 40K.
Buy when price breakout above 39500.
Funny thing about bitcoin price is that YFI will be more expensive than bitcoin in very short time. after breakout above the 44.4K All time high.
Buy below 40000
Stop : Daily close below 25000
Target : 45K , 58K , 70K , 95K , 120K
$YFI about to go parabolic!$YFI the biggest lagger of all defi coins is not sitting at the very important support.
Reasons to be bullish:
Whole defi is exploding and YFI is the biggest lagger.
New vault incoming in next 10 days.
Huge volume spike after which descending volume waiting for the expansion to the one side or the other.
YFI was a leader of the first DEFI bluechip run.
Once it started it went vertical and it also ended the DEFI summer.
APY across the board are increasing, ALPHA project skyrocketing.
YFI 2021.02.07Everything shows an increase, depending on the volume of transactions, the specified goals can be considered, there is also a downward trend, but the probability of a decrease is very low. Unfortunately, with the news of the currency being hacked, everything fell apart and fell behind the market.