YFIUSDT 1WYFI Update ~ 1W
#YFI So far it is still maintaining its Bullish structure. and the current price successfully retested this rupport line + this Golden ratio. Buy gradually from here with a target of at least 20%+ from here.
YFI
YFI simple tradeEasy enough. Breakout and re-test of what was previously a resistance now becoming support. Meets the 3:1 reward/risk criteria.
yfiTo reach the upper lines and break this green box, it must break the two red boxes. Check for buys at the blue dots.
YFIUSDT Falling Wedge Breakou!YFIUSDT technical analysis update
YFI's price is breaking out of a falling wedge pattern after 325 days of formation. On the weekly chart, the price is bouncing from major bottom support, which can be considered bullish for YFI
Regards
Hexa
YFI Skyrockets to Massive 900% Gains with RisologicalYearn Finance (YFIUSDT) delivered remarkable profits on the 4-hour timeframe, leveraging the precision of the Risological swing trading indicator. The trade capitalized on a strong bullish momentum, hitting all defined targets with ease.
Key Levels:
TP1: 5117 ✅
TP2: 5587 ✅
TP3: 6057 ✅
TP4: 6348 ✅
Technical Analysis:
The trade initiated at an entry price of 4827, confirmed by strong bullish cues from the Risological trend line. These indicators consistently highlighted upward momentum, guiding the trade through multiple profit-taking levels.
The stop-loss, placed at 4592, provided a secure cushion against potential reversals, although the bullish trajectory remained uninterrupted. YFI demonstrated a steady ascent, achieving all targets within the anticipated time frame.
This setup underscored the efficacy of the Risological swing trading indicator in capturing and maximizing profits during a trending market.
YFI Will it pass 100k?YFI very volatile due to low supply. When it moves it moves big. Normally YFI will pass BTC prices.
YFI Ready to break out?simple cup and handle, nothing fancy figure worth sharing, thanks for stopping by, good luck!!
YFIUSD - Incredible Alt SeasonBased on the last bull run I expect YFI to out perform BTC and price to move Higher than anything BTC can attain.
The up move might look very aggressive (it does) But I do expect huge gains on this alt
Daily timeframe
1M ??? Or am I losing it
YFIUSDT Forms Triple Bottom and Falling WedgeYFIUSDT technical analysis update
YFI has formed a falling wedge pattern, and the price is currently trading at its major support level, suggesting a potential bounce from the current range. A bullish move can be confirmed once the price breaks out of the falling wedge pattern. Additionally, YFI has formed a triple bottom and has been trading within the same range for the last 840 days. The price has bounced multiple times from this support, and we can expect a strong bullish bounce from this level once again.
Regards
Hexa
Yearn.Finance (YFI)Yearn finance provides promising features for staking and yield farming. Anyway, YFI is currently oscillating in a consolidation zone shaped like a triangle. Let's see if YFI can break this triangle upward or not.
YFIUSDTYFI ~ 1W
#YFI 1It is at its lowest price currently. if you still have Conviction on this coin. this should be a very good price to start buying again.
YFIUSDTYFI ~ 1W ✅
#YFI Make purchases gradually on this support block. with a minimum target of 20%+ 🟡
ETH’s influence on ERC20 products like YFIInfluence on ERC20 Products
ETH’s influence on ERC20 products like YFI can be seen in several ways:
Liquidity: ETH’s large market capitalization and liquidity provide a foundation for ERC20 tokens like YFI to tap into, enabling efficient and reliable transactions.
Smart Contract Interoperability: ETH’s presence ensures that smart contracts, including those for ERC20 tokens like YFI, can interact seamlessly with each other and with the broader Ethereum ecosystem.
Developer Adoption: ETH’s widespread adoption and established developer ecosystem encourage the creation and development of new ERC20 tokens, including DeFi protocols like YFI, which in turn benefits from ETH’s infrastructure.
In summary, ETH’s influence on ERC20 products like YFI is indirect yet significant, providing a stable and liquid foundation for the Ethereum ecosystem and enabling the development and growth of #DeFi protocols like #Yearn.finance.
YFIUSDT.4HAs I meticulously analyze the YFI/USDT 4-hour chart, I observe several key details and technical indicators that inform my trading strategy.
Current Market Position:
The YFI/USDT price stands at $6,064, showing a slight decrease of 0.28% in recent trading. The market is currently situated near the middle of the defined support and resistance levels, providing a mixed outlook.
Trend Analysis:
The price movement over the last few weeks shows a pattern of consolidation between key support and resistance levels. This consolidation suggests that the market is in a phase of indecision, with traders and investors gauging direction from upcoming market cues.
Support and Resistance Levels:
S1 at $5,259 and S2 at $5,825: These levels represent significant support zones. A drop towards these levels could indicate a buying opportunity, especially if the price shows signs of stabilization or bullish reversal signals near these points.
R1 at $6,392 and R2 at $7,009: These are the resistance levels to watch. A breakout above R1 could signal a bullish trend, with R2 as the next target for taking profits.
Technical Indicators:
Relative Strength Index (RSI): The RSI is at 58.94, slightly above the neutral 50 mark, indicating a mild bullish sentiment in the short term. This level suggests some upward potential but also warrants caution as it approaches overbought conditions.
Moving Average Convergence Divergence (MACD): The MACD line is above the signal line, which supports the bullish sentiment shown by the RSI. However, the closeness of the two lines suggests that the momentum is not strongly bullish, indicating possible fluctuations or a reversal if bearish pressure increases.
Volume Analysis:
The volume trend is not depicted but is crucial in confirming any potential price movements. An increase in volume on upward price movements would affirm stronger buying interest, while high volume on downswings could signal strong selling pressure.
Strategic Trading Insights:
Given the consolidation phase indicated by the chart, my strategy would be to watch for a breakout above R1 ($6,392) for a potential bullish entry, setting a target near R2 ($7,009) while maintaining stop-loss orders just below the recent lows near S1 ($5,259). Conversely, if the price breaks below S1, I would reassess the bearish potential, possibly positioning for a short if further bearish indicators confirm.
Conclusion:
In conclusion, YFI/USDT presents a balanced scenario with potential opportunities on both the upside and downside. Traders should remain vigilant and responsive to price actions near the key support and resistance levels. Monitoring the accompanying volume and further developments in technical indicators will be essential to effectively capitalize on this market's dynamics. As always, maintaining disciplined risk management strategies is vital to safeguard investments in such a volatile environment.
YFIUSDT.1DReviewing the YFI/USDT chart, I can discern several pivotal technical indicators and trends that are crucial for making informed trading decisions. Currently, YFI is trading around $5,875, which is significantly close to a major support level at $4,594. This price point is critical as it has previously served as a support area, suggesting that it could either provide a rebound opportunity or, if broken, lead to a further drop.
From the perspective of resistance, YFI faces a substantial hurdle at $7,564 (labeled as R2 on the chart). Before this, a minor resistance level at $4,594 (R1) could pose challenges. Overcoming these resistance levels could signal a bullish momentum, potentially driving prices higher.
The current RSI at 47.65 does not yet indicate an oversold or overbought market, suggesting a neutral sentiment in the market. However, the descending trendline from the recent highs indicates ongoing bearish pressure. The MACD, showing a slight convergence below the signal line, hints at bearish momentum with possible room for a turnaround if positive volume can support it.
Conclusion:
With YFI trading close to significant support at $4,594, I am keeping a close eye on this level for potential buy opportunities, particularly if the market shows signs of rebounding here. A strict stop-loss just below this support would be prudent to manage risks, considering the possibility of a further drop if the support fails. On the flip side, any break above the resistance levels, especially $7,564, should be viewed as a strong bullish indicator, potentially opening the door for targeting previous highs. It's essential to correlate these technical observations with market news and sentiment to optimize trading strategies in the volatile crypto market.
YFI looks bearishAfter the big pump, the price has entered the correction phase.
This correction seems to be a diametric.
We seem to be in the g wave of this diametric now.
By maintaining the red range, it can move towards the TPs.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
YFIUSDT 1WYFI ~ 1W
#YFI So far this support line is holding the price of COINBASE:YFIUSD from falling any lower.
Make purchases gradually in this pattern. with a target of at least 15%+ from here.
Alikze »» YFI | Corrective C waveAccording to the previously presented analysis, after exiting the downward channel and pulling back to it, it grew by more than 55% to the specified range. After that, there was a three-wave correction up to the green box range. Currently, two behavioral scenarios can be considered to continue its path.
💎 First scenario: in case of the inability to penetrate and stabilize above 7660, it can continue the corrective movement until the origin of the movement of the OB range.
💎 Second scenario: If it penetrates and stabilizes above 7660, it can continue to grow up to the previous supply area and then it can have its own growth up to the previous ceiling.
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#YFIUSDT #2h (OKX Futures) Descending trendline break and retestYearn Finance printed a morning star then regained 50MA support, seems about to make another impulse on Low TF.
⚡️⚡️ #YFI/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Long)
Leverage: Isolated (6.0X)
Amount: 5.0%
Current Price:
5841
Entry Targets:
1) 5802
Take-Profit Targets:
1) 6188
Stop Targets:
1) 5609
Published By: @Zblaba
CRYPTOCAP:YFI OKX:YFIUSDT.P #YearnFinance #DeFi #Yield yearn.fi
Risk/Reward= 1:2.0
Expected Profit= +39.9%
Possible Loss= -20.0%
Estimated Gaintime= 4 days
YFIUSD - Horizontal BottomA potential bottom structure, look for bounce off the bottom orange line
This could create a reversal pattern which I have shown with the green bars pattern line
Daily chart for YFIUSD
Inverted YFI Chart looks "Bullish"Invert the weekly YFI (Yearn Finance) chart and you'll start to see an Adam/Eve double-bottom that has dragged out following a breakout and multiple re-tests of its neckline.
It has only ever reached halfway towards TP 1.
Hold "above" 10.7k and get "above" ~4.4k to move towards targets:
TP 1 - ~1750
TP 2 - ~705
#YFIUSDT #4h (OKX Futures) Falling wedge breakoutYearn Finance regained 100EMA support then pulled back to it after forming a dragonfly doji, looks like bullish continuation is in play.
⚡️⚡️ #YFI/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Long)
Leverage: Isolated (9.0X)
Amount: 4.9%
Current Price:
7065
Entry Targets:
1) 7056
Take-Profit Targets:
1) 7374
Stop Targets:
1) 6897
Published By: @Zblaba
CRYPTOCAP:YFI OKX:YFIUSDT.P #YearnFinance #DeFi yearn.fi
Risk/Reward= 1:2.0
Expected Profit= +40.6%
Possible Loss= -20.3%
Estimated Gaintime= 1 week
