YFIUSD trade ideas
YFI might be ready to go...or it was all hype?What I see here is a 12 week running wedge with the 18 DMA below recent price action. What I like about YFI is nobody is talking about it on social media. Things can change and charts can morph. I took a long position at 27601 with a stop at 26k.
YEARN FINANCE 50k?^Looks like yearn is about to break through in the next week or so id say buy around 27k-28k. cause its about to blast off cant say i know what price were looking at next but i think its possibly going to hit 40k-50k because the price is going to break through the triangle soon.
not advise
Possible Rising wedge The bottom corresponds to the breaking point on the Wedge.
IE if the wedge broke on one of the Red lines extending downwards it will hit that price point.
A recovery will most likely not bounce directly off the curve unless it is done in a single candle from break to target.
Hope i explained that well enough, Log charts are harder to calculate until the breakout/ breakdown happens.
Good Luck And Safe Trading.
YFI confirmedH&S breakout some days back and retest appears to be holding. Idea is to add to longs <30k with orange line defining stop loss. Target $144k.
This trade idea is for entertainment purposes only and is not intended as a recommendation to buy.
YFIUSD - An asymmetrical risk/reward?There is a possible completed expanded flat correction on YFI, with an impulsive move coming from ltf.
time to go upwe tested 0.786 FIB support for the 2nd time now.
is it time to go up?
we need to break the trendline formed by lower highs. which is also part of the broadening descending wedge pattern. for all of you that are into patterns.
how high do we go?
we will see - if we stop below the previous peak (40k) then it is possible we will form a head n shoulders pattern - bearish.
if we go above 40k, first target is around 41k.
also pretty interesting on the YFIBTC chart.
much love to the trading community.
lets not just make us rich, lets make a wealthy world.
YFI Cup with Handle on Daily Cup with Handle. Stop loss set at 21.5k. Will move Stop loss up as supply lines get bought up and new support get established.
YFI.USDT (Y20.P6.E1).Nice breakout structureHi All,
Another good performing coin, which has congestion, squeezing of the candles under resistance for a breakout pose.
Cheers,
S.SAri
YFIUSD 15min n 1hr:// trend change... shes runningshe handled that 29k nicely look to consolidate n to power to next targets
-hgm
YFIUSD DAILY TRENDCurrently trending upward if we look at the larger picture here, most pitchfork analysis wont fit, however per trend shift you must SCHIFF your fork.
Now that the bad puns are out of the way, we are looking at the daily trend for YFI using the modified schiff pitchfork as our support and resistance zones. The red middle/ median line will be our indication of a potential change in trend, keep an eye out as we move through Q1.
As always, questions and requests welcome in the comments. If you'd like a shorter term analysis, just say so >:)
Yearn finance looking bullish. $YFIYearn finance has been consolidating, possible big move coming if it can break out. ATH is $44,000
COINBASE:YFIUSD COINBASE:YFIUSD
YFIUSD ://BUY THE DIPS_TAKE PROFITIF btc doesnt do the full re trace to between 350 and 450 million in market cap or between 20k n 27k it might be time to buy some YFI. This next rally could melt faces but without btc doing a healthy retrace it worries me for the market as a whole. We doubled the BTC market cap all over 20k... If that new money breaks scared we will see a true BTC re trace (ugggg for alts etc or a great buy opp) but a mid 20s will be healthy. Maybe we already saw it at 27500 or whatever it was but we doubt it. If we do get that confirmation bounce on 26500 we could easily see 45 plus k...
Anyways buy the dip with Sushi, this is uniswap source code from get hub repurposed, more riped if u can say that about anything with open source code and then acquired by the Yearn YFI team.
If u can cost average in with some stable coins etc but all in all if in YFI for the HODL cifi defi is about to go crazy this next few months.
_HGM
also if want longer shot newr projects check out
1inch
RFI
ROCKS or social rocket
YFI Descending Triangle Waiting for a direction from this triangle before I anticipate a large move in YFI. As with other alts, the move will likely occur if we see BTC cool off a bit.
