YFIUSD.P trade ideas
Long your YFI Longs$YFI has been greatly underperforming BTC, USDT and DEFI:PERPETUALS
$YFI being a pioneer in yield farming through efficient strategies and vaults surely can't continue underperforming like this.
With the success of $ALCX which is a DAI yielding protocol that rides on $YFI vaults, I think it has gotten product-market fit which will, in turn, increase the TVL in $YFI vaults
LONG YFIUSDPlaying a potential 5th subwave to finish an overall 1. Bullish count
However, we could see an extended correction sideways and of course downwards.
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
long $YFI - 4 hour supportpossible place to punt a long on $YFI here. if this level fails, look to buy the lower green line at $23.6k-ish.
YFI USD - lets see if it bounces here at 10k or go down to 7kNot a financial advice. Just my thoughts!
YFI / USD - Double-Top / Double-Bottom or ContinuationYFI has two possible directions here, either continuation within a bullish uptrend channel that takes us towards 60-61k, or completing its 2nd set of Head and Shoulders and forming a double-top, and creating a potential double bottom buying opportunity.
Volume has been going down while price has increased, and RSI & MACD are showing a bearish divergence, yet RSI is reaching low enough already to consider another move up while MACD is also capable of going in either direction.
Other the other hand, the BTC pairing is forming a wedge where it recently lost a support after 3 tests and a 4th break, (top horizontal yellow line) and it may head back up to re-test the bottom of that before heading down and testing the next support level (2nd line below):
Let's see what happens from here :)
YFI/USD Double Inverse Head & shoulders forming on 1 hrI see an inverse head & shoulders inside a larger inverse head & shoulders.
YFIUSDT H16: BEST Level to BUY/HOLD 100% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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YFIUSDT H16: BEST Level to BUY/HOLD 100% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: YFIUSDT 16hour 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 +100% gains
::: BULLS get ready to BUY after pullback
::: TP bulls is +100% gains later
::: expecting a run up until +100%
::: FINAL TP is 38000 BULLS
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW 28000/21000 BUY/HOLD
::: TP BULLS +100% 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
RISK DISCLAIMER:
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.
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/USD: Consolidating Before Next Big Move$39/40K is an area of confluence and consolidation in this pocket should be healthy. a big move is in the works...
YFI: Getting Ready, Getting Set With Yearn Finance (YFI/USD), the prognosis is looking good. Now it just boils down to a waiting game. The big composite operators have already dug in and solidified their positions and are just waiting for some more weak hands to capitulate before exiting the trading range to new heights. Don't get swallowed, and don't miss the flight. You can track YFI's reaccumulation with this chart and make your own decision on how to navigate the waters. Remember, when it comes to tracking these cryptos: the longer you hold, the greater the gold.
* Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
**If you have patience and you like big wins and big money, follow me. I track all 37 USD-paired cryptocurrencies on Coinbase (and many others) and regularly seek out the most potentially lucrative swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My tech analysis is based upon a combination of Wycoff Market Phasing, Elliott Wave Principle & Fibonacci ratios. If some of my low sell zones seem conservative, it's only because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!
YFIUSDT H16: BEST Level to BUY/HOLD 100% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
YFIUSDT H16: BEST Level to BUY/HOLD 100% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: YFIUSDT 16hour chart review
::: chart looks good /strong
::: XABCD Bulls / speculative setup
::: Bulls seek to BUY LOW later
::: some resistance overhead
::: expect pullback soon
::: expecting short-term pullback
::: BULLS BUY any pullback/dips
::: TP bulls +100% gains
::: BULLS get ready to BUY after pullback
::: TP bulls is +100% gains later
::: expecting a run up until 44000
::: FINAL TP is 44000 BULLS
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW 22000/23000 BUY/HOLD
::: TP BULLS +100% 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
RISK DISCLAIMER:
Trading Crypto, 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.
YFIUSD: 4H Watch for confirmation of breakout or breakdownAs above.
YFI currently in a down channel and has reached the upper trend line in this channel and is at an important crossroads at least short term.
Watch out for breakout above trendline for continued uptrend or rejection for reversal and continued bearish pressure.
Would like to see volume increase as well.
Watch out for false breakouts though!
Good luck traders!
Yearn.Finance YFIUSD - MASSIVE BULL MARKET +1400%, Triangle!- DEFI chart is actually very bullish.
- YFI is one of the DEFI coin that is still waiting for massive breakout to the upside.
- On the daily chart we can see an ascending triangle + huge ascending channel.
- Your profit target can be top of the channel or around 50k.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- Hit "Like" & "Follow". Don't miss my upcoming updates and new ideas!
95K possible for YFI?YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
BTC to 16k by May - June You have been warnedConfirmation below 30k USD
Minimum TP 2017 Giga Top 16-19k USD
See YFI fractal
YFIUSDT H16: BEST Level to BUY/HOLD 65% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
YFIUSDT H16: BEST Level to BUY/HOLD 65% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: YFIUSDT 16hour chart review
::: updated/revised outlook
::: setup still valid as of right now
::: chart looks good /strong
::: however likely maxed out for now
::: expect pullback off jogjs
::: expecting short-term pullback
::: BULLS BUY pullback/dips
::: TP bulls +65% gains BUY/HOLD
::: BULLS get ready to BUY after pullback
::: TP bulls is +65% gains later
::: expecting a run up until 55/60K
::: FINAL TP is 55 000 BULLS
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW after pullback (red line)
::: TP BULLS +65% 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
RISK DISCLAIMER:
Trading Crypto, 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.
YFI will run a lot - price discovery modeYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
