yearn.finance (YFI) Buy Zoneyearn.finance (YFI) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
After retesting our mid-term $19,000 support zone, yearn.finance is showing short-term strength.
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$YFI/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 19300 - 18600
TP 1 : 19600
TP 2 : 19750
TP 3 : 20000
TP 4 : 20250
TP 5 : 20650
TP 6 : 21000
TP 7 : 21600
TP 8 : 22300
Stop Loss : 17800
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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YFIUST trade ideas
YFI/usdt (yearn.finance) - Bullish Support & Momentum -1 HourYFI/usdt (yearn.finance) price has found bullish price support and macd momentum in the 1-hour chart.
Entry (long): $21537
Take Profit +6% (exit): $22851
Stop Loss -3% (exit): $20897
Note: need to see a breakout above the descending wedge and price trend change (uptrend) on this hourly chart.
Shorter-term intraday price may pullback before this crypto eventually rallies.
YFI/usdt has less liquidity than other cryptos and more volatility.
Utilize stop loss, position sizing, risk management.
All content is Not financial advice. Trade at your own risk.
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WILL YEARN FINANCE STILL RECOVER FROM THIS FALL!? DAILY YFIUSDT🔍 Key points:
- Prolific developers Andre Cronje and Aton Nell have called it quits on their time in cryptoland on Sunday, according to a Twitter post that gave no explanations for the exit.
- Cronje has been described as the “godfather of De-Fi” and is best-known for his work on Fantom and Yearn Finance – the pair will be “terminating” over 25 apps and services next month, though it’s worth noting that those projects won’t actually stop operating.
- Their associated projects did not take the news well though. Fantom tumbled over 16% on Sunday to hit its lowest price since December 21, and Yearn Finance lost nearly 10% to its lowest close since November 2020.
and about that, what do you think!?
text source: www.tradingview.com
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
YFI, is price going to breakout this resistance level? The trading range can be clearly identified on the YFI chart. The price is close to the lower limit of the trading range. At the same time, the lower boundary now acts as resistance. The price starts squeezing, this is a positive signal. In case of breakout of the level of the lower border of the range there may be a good opportunity to buy.
Write in the comments all your questions and the instruments you want to see analyzed.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
YFIUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price hit the support zone and our Buy signal was issued. It is now fluctuating at the first resistance line. If it goes above the this line line, it can go up to the second resistance. If not, it will fall more and if even the the support line is lost, it can fall more.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
YFI - updatePrice completing the impulse down, clear 5 waves.
The trick is that the prior 5-waves advance to the upside is a wave C of a running flat, by mistake was labeled by some good analysts as the wave 1 (and a reversal).
I expect an attempt to reverse from the median line of the corrective price channel, need to break the wave 4 in the downward impulse and I will buy at the retracement, with a break-even stop later.
The move down - as a risk - may be just the first wave in a larger wave C, so mind your stops.
YFIUSD(yearn.finance) (Which scenario will occur? Sell or buy)The trend is neutral. Which position do you choose?
⚠️ This Analysis will be updated ...
📊 #YFIUSDT (yearn.finance )
💹 Time Frame : daily
👤 hosein alizadeh
📅 2/13/22
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