YFIUSD trade ideas
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?
-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
-No MACD / RSI /MA/FIBONACCI
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
-no moonboy/crazy targets
-TA that makes sense and
-setups that payout
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
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.
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.
YFI about to breakout to $70kThis is based on historical tends line and using the Fib levels as then easy to plot the areas of resistance and where it will retrace. Based on this analysis then it looks like YFI will breakout to $70k and then retrace back to $50k.
This is not financial advice and you are advised to do your own due diligence.
Happy Trading.
Crypto Market & YFIUSD Technical Analysis & Predictions 3/20/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
