YFIUSD.P trade ideas
Yearn.Finance possible breakout Open long position may be high risk at May however i see it quite well.
Taproot activation on BTC can save us from dump at this difficult moment.
Remember, May is always unpredictable in the market, so keep your eyes peeled.
YFIIf it succeeds in breaking the resistance range, it can reach the mid-line of bigger channel.
This analysis is valid as long as the price does not exit from channel and exit from it can be considered as stop loss.
Yearn Finance (YFI) About to Retest All Time HighsSteady upwards growth I love the way this chart looks. We've been holding a bullish trendline since early November of last year, YFI is already 100% through its circulating supply so no more YFI coins will come into existence, total value locked (TVL) is increasing every month, and the Bitcoin dominance is dropping. Also we're about to bullishly divergence on our daily MACD. YFI's Q1 reports for
I personally believe once Ethereum's EIP1559 is enacted in July we will see another DeFi mania in the months to come afterwards. One of the biggest DeFi aggregators for yield farming. Keep Yearn Finance on your radar.
Much peace, love, health, and wealth.
Andre Cronje send YFI into price discoveryYFI has been moving to the beat of its own drum these past few weeks. It looks to have bottomed against BTC and is about to have a second coming.
1st target is 68-73k. 2nd target 83-85k. 3rd target 106-108k.
YFI - 100K before Bitcoin ?Although Ascending channel is normally not a bullish pattern but overall sentiments are quite bullish. Remember closing above ATH is a BUY signal as there will be a price discovery. Price has been increasing while volume has been decreasing, so there is a big move coming. Short term is bullish, will test the upper resistance in the channel and like to break upside.
Is YFI going to be the first crypto to achieve 100K? chances are HIGH. Lets see!!
YFI/USD: When She Moves, She Moveslooking for potential bull flag to play out with target of ~$55K...lets see if we get follow through on the breakout
Yearn.Finance $YFI looks ready for a modest 800-1600% gainBeautiful breakout of a multi-month ascending triangle, ready to continue along its upward trend
YFIUSD ($YFI) ready to moveYFI looks like it is ready to take off.
It broke the Sep20 high in Feb21 however it could not hold. It has now broken then Sep20 high again and is showing much more strength. Volume has surged and RSI is 70+.
If price can hold above the green box then this will pump hard.
This is a swing trade. Be sure to give it time to play out.
YFIUSD D1: BEST Level to BUY/HOLD 130% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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YFIUSD D1: BEST Level to BUY/HOLD 130% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: YFIUSD D1 chart review
::: updated/revised outlook
::: buying low still makes sense
::: chart looks good /strong
::: some resistance overhead
::: expect pullback off flip zones
::: expecting short-term pullback
::: BULLS BUY any pullback/dips
::: TP bulls +130% gains
::: BULLS get ready to BUY after pullback
::: TP bulls is +130% gains later
::: expecting a run up until +100%
::: FINAL TP is 66000 BULLS
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW 28000/30000 BUY/HOLD
::: TP BULLS +130% 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: BEARS/PULLBACK
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Bullish outlook on YFIHow's it going everyone thought id share my trade idea.
I've been looking into coins that havent really pumped over the last few days
and YFI is a huge standout. Fundamentals on YFI havent changed and as per Julians Dobrics
post with the rollout of uniswap V3 this could lead retail investors to look for other
options to yeild opertunities.
Technically YFi is looking strong currently tapping at a massive psychological barrier
of 40000 (I'm trading the YFIPERP on FTX so this resistance is a little different at 40185)
MACD,MA and RSI are all convergent which is a strong bullish indicator. If we can break this
barrier and resistance flip this will give YFI some legs to catch up with other coins that have
already had a nice run.
Caution*** There is still a chance we could reject if BTC kicks into gear and decides
to have a run, also with my trade strategy my stop loss is 10% below my entry
so I'm making sure I mitigate my risk.
YFI USDThis coin is worth million.. people will release its value with time. even short term targets are good.
