$YFI - If you're long, here is your TP short term.YFI kinda slipped under my radar in April. I'm kicking myself for not looking at it :) But if yoU're long, good for you! Here is my EW count.
YFIUSDT trade ideas
YFI: Bitcoin🦍Gorilla & The YFI BULLS TO 96K?(NEXT SHOCKING PUMPYearn.finance(YFI) launching saw a wonderful pump and the raise of Defi coin, but since this launch , YFI has been moving funny yet leaving bulls footprints everywhere with each dip(Higher lows and Higher Highs).
Now ones again YFI is getting ready for something big.....How rich do you think one crypto bag can make you? YFI is on the verge of a strong pump as bulls are currently exacting strong pressure on the sellers line, My Targets are simple, I see the first resistance at 76k to 80k area, Here we will see a reaction and a forced retest of the breakout but the bull run will continue afterwards to my second TA of 96k.
I do have a 3rd target but my third targets will take good patience to archive as this is likely to hit 124k.
This is is no financial advice so do your research Thank you.
YFIThis is incredible. Yes price is high but you can def get some good returns keeping money in this thing. It just left accumulation resistance was around 58,865. Will it come back to back test that level ? It’s possible. You see it there I would personally put some cash in it. Remeber percentage gains is still monster gains even if you own a small percentage. This is nuts !!
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.
#YFY broke out huge!!! !00 K next stop!I was calling for #YFI to hit $100k before #btc
(whilst it was still in the pattern)
hope a couple of u guys got on board... I know one person did!!! good for you.
My old Friend YfiBuy in Red zone
Targets on green zone
invalid if go under Yellow line
Good luck! :D
Note: This Chart does not provide financial advice.You can use the information from the Chart to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading
YFIUSDT
Hello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. The price has been trapped in this resistance several times and has fallen, but we intend to be able to touch the above targets after breaking the resistance line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
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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Crypto|YFI/USDT|LongLong YFI/USDT
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
Red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
YEARN FINANCE - YFIUSD - Next big 1000% rally ?!YEARN FINANCE - YFIUSD
We have a nice big base here and the wave count suggests a potential Leading Diagonal with a very shallow wave 2 which indicates lots of underlying strength here.
Otherwise, we might be in a Flat correction meaning we'll see price go below 37600-ish soon.
Personally I favor the bullish view because of how RSI has been always staying above 40 and sometimes even went overbought since that low in Novembre.
YFI/USDT - Buying the pullback - May 5, 2021YFI bear action seems to be losing momentum, with a bulish hammer formed in the 4h chart, followed by a long-legged dogi and a bullish engolfing patter, where I entered the trade.
Trade parameters:
Entry: 52384.30
TP: 55157.35
SL: 51470.89
Risk/Reward: 3:1
Disclaimer: I am a beginner trader, not a professional.
YFI / TethersUS Chart By Rocket Bomb 240Hello everyone 😃
As you can see, YFI / USDT has faced a resistance zone and now has reached a primary line in an uptrend!
Volatility is above the underbought zone and is now trying to get out to test the RSI trend.
If the YFI / USDT breaks through the key resistance zone then we will have a new outlook for price action and volatility will return to the bullish phase.
After two weeks of fake accumulation The movement remains bullish the MACD confirms it.
📌 After the breakout, YFI / USDT will have enough room to retest their last ATH.
Hope you liked the analysis on a possible YFI / USDT rally 🙌
You can support us by sharing in the comment base.
🙋🏼♂️
Please note: this is not financial advice, do your part.
Is YFI performing a double top? Looks like we will see the finally of double top which will be confirmed after breaking the neck.
Would be nice short trade down to the end of the channel where we can turn around into a great long position.
Just my opinion and no advice at all.
