YFIUSDT trade ideas
YFI/USDT might decreaseHi every one
YFI/USDT might decrease
you can see that the YFI/USDT is forming a head and shoulder pattern so this pattern suggests that the price will decrease.how ever the neckline must break in order so we can confirm that price will decrease
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
YFIUSDT (Resistance line Breakout)#YFIUSDT Technical Analysis Update
Resistance Breakout
YFI/USDT currently trading at $26600
LONG ENTRY level: 24500 to 25000
STOP LOSS: Below $23700
Resistance level 1( Target 1): $26900
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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YFI cycle relaunchGood evening everyone!
What do you think? Looks legit huh? correct me if I'm wrong =)
Why I am on bullish DPI? (Part 2)TEAM DPI - Since Mid August, the follow DeFi Projects produced solid gains
$YFI up 287%
$AAVE up 68%
$SNX up 30%
TEAM Zombie Chains -Zombie chains in which are in the Top 10 MC in Crypto
$LTC up 80%
$BCH up 3% :(
I believe that in 2021, these zombie chains will be replaced by DeFi tokens because of their value.
It is very hard to guess what those will be but it is highly likely that it will be some members of DPI TEAM
AAVE, the largest market cap in DeFi, is $900M only
A zombie chain, LTC, has a market cap of $6B.
an educational representation of "pulling the trigger"This is an example of trading ltf of a htf level. We can try and fail more than once, but the idea is keeping loses minimal when we're wrong, keeping our position on the right side, defining clear rules for pulling the trigger and let it flow on the right time.
1) the level is broken, first try. short from 24775. and the stop is 1hr close above the level. a few bars later, invalidated. stay aside.
2) a mini HH. not enough for a long, but watch for the reaction when we come back to our level.
3) broke once again and closed below the former dip. so we can change our bias and trigger the second try with 4, short from a retest of our level.
4) pull the trigger, and our stop is the latest swing high.
YFI Is done for nowYFi done for now. Abused typhus trendline numerous times to prop it up. Now gonna go thru it. Looking for the .618 or .382 for catch and bounce
