YFIUSDT_824167 trade ideas
YFIUSDT is ready for breakout from the bull flag 🦐YFIUSDT is testing the daily support. If the price will have a breakout from 4h resistance and flip into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
YFIUSDT TARGET 58,000 BUY IN 43000 - 41000
SUPPORT 38000 - 39300
TARGET 58000
I expect to reach the target in 12 days or maybe earlier
New to graphing, only been a few monthsAnyone provide any tips on my rising channel? See if I can get better at this! Willing to learn
💡 Don't miss the great buy opportunity in YFIUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (40056.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. YFIUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 44823.0
TP2= @ 47153.0
TP3= @ 50044.0
TP4= @ 52807.5
TP5= @ 56637.0
TP6= @ 61747.0
SL= Break below S2
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💡 Don't miss the great buy opportunity in YFIUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (40056.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. YFIUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 44823.0
TP2= @ 47153.0
TP3= @ 50044.0
TP4= @ 52807.5
TP5= @ 56637.0
TP6= @ 61747.0
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
YFI/USTD can reach to 57k - 100k ?For YFI/USDT, as I said on the channel, in case of breakout the yellow level YFI can rise to 43k - 48k - 50k , which happened very quickly and I could not publish its analysis here.
Now I think he can make a correction to the level of 40k to 43k and then move back to the retest resistance of 57k and goes to 100k.
It should be noted that the YFI / BTC chart has a positive correlation with the dollar chart, the analysis of which I published in the previous post:
YFIUSDTYFIUSDT market is bullish after breaking out of the consolidation phase and above daily resistance market has given us a nice correction to retest previous resistance as new support, during the correction on the 4hr timeframe market has formed this counter trendline which it is currently respecting still forming lower lower lower highs, we are waiting for a break above and change of structure, if we get a 4hr close above the previous high and above the counter trendline we can take the long on the retest.
yfi going to support zones one after other!in acordance with divergence in indicator and a need to correction this analyse shall be happen.
YFIUSDT is testing weekly resistance! 🦐According to my Previous Idea , the price is trying to have a breakout from weekly resistance. If the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
YFI Chooses to cool off for a bitWarning: our thoughts are ours; not financial advice.
Last week, we warned that YFI was at a level where it needs to either make a breakout or cool off.
Well, it seems to have chosen a direction; to cool off.
How bad can this go? $32,800.
YFIUSDT: 4H LONGYFI has returned to an important fork,
Moving support has been very good,
it may even go to the top of the fork,
The next wave is on its way
YFI.USDT (Y21.P1.E1).Next entrance areaHi All,
As you can see a significant bearish div playing out.
Based on the trend, RSI\MacD and structure, this is my next area of interest.
If this structure holds, inverse H and S play, much like what DOT did recently.
YFI chart
DOT chart
All the best,
S.SAri
#yfi daily yfi reject form yellow trend line ,but still hold support @ $43500
in longer time yfi can hit top @ $64500 estimated price
