YFI usdt Head & Sholders on the 1 day chart break downwards YFI usdt Head & Sholders on the 1 day chart break downwards
YFIUSDT trade ideas
YFIUSDT GETTING CLOSER TO THE UPPER TRENDLINE. SHORTGetting closer to the upper trendline and topping out. Downtrend should start from here now. Maybe a wick to 30K, but I believe that's the maximum. Will change my mind if the daily closes above upper trendline.
T1= ~16K
T2= ~10K
YFI 12h H&S Reversal Pattern and Possible Strong Price FallIt looks like the YFI price is facing dark times.
On the chart, for the second time, a H&S reversal pattern is drawn.
A few months ago, we were one of the first to publish the idea with the H&S on the YFIUSDT chart and it worked out perfectly.
Now, again there is a threat of a sharp price fall.
Below $22,500 there is still a level of $21,000, and then there is an emptiness up to $16,750.
The volumes suggest that there is no interest in the coin.
The only thing we can control in the market is compliance with risks.
According to the TA canons, after the fall, the price must test the base of the H&S for strength from the bottom.
However, the global targets for the figure fulfillment are in the zone of $11,500-13,000.
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YFI TO 35K$ Hi, I know that has potential H/S but in my point of view, it will not playfully, expecting a bounce from approx. 18k
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.
