YFIUSDT
YFI making massive new ATH's, Where to Next?YFI has made a massive new ATH by nearly 30% and is now trading right back at the previous ATH level. This can be a great sign for finding support at this level and we can see more growth to come if this level holds.
Here we can see YFI trading in either a symmetrical or a descending triangle pattern, both of which would need clear confirmation before trading because theoretically a symmetrical triangle can breakout both ways and a descending triangle breaks out to the downside most of the time.
I would like to see a breakout of the upside and once this is confirmed I would look at a retest of the pattern and support levels and ladder some long orders around the marked area.
YFIUSDTHello to you all. Mars Signals team wishes you high profits at all times.
YFI is in a bullish triangle but as it goes out of the triangle, it can experience higher prices provided it can go past the resistances on its way.
The other possibility would be that it will start ranging inside this triangle and then resume its uptrend.
If the price goes out of the triangle it can touch higher prices which can be counted as a buy signal.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
YFI/USDT : retest on ATH's resistance BINANCE:YFIUSDT
Hello everyone 😃
YFI had a retest on last ATH's resistance and now it's bouncing again !
Current level will be good for it to follow and take advantage from it.
📌 It might retest this line again, Cause volatility and RSI levels are high...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
YFIUSDT H16: BEST Level to BUY/HOLD 65% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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YFIUSDT H16: BEST Level to BUY/HOLD 65% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: YFIUSDT 16hour chart review
::: chart looks good /strong
::: however likely maxed out for now
::: expect pullback off jogjs
::: expecting short-term pullback
::: BULLS BUY pullback/dips
::: TP bulls +65% gains BUY/HOLD
::: BULLS get ready to BUY after pullback
::: TP bulls is +65% gains later
::: expecting a run up until 55/60K
::: FINAL TP is 55 000 BULLS
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW after pullback (red line)
::: TP BULLS +65% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
💡 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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💎 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 ❤️
💡 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:
YFI retested ATH breakout now SEND IT - Altseason 2021Second retest of the back then resistance that was the All Time High, now a support.
We are at a great point of LONG entry.
We can see the wedge lenght shall become the pump lenght.
Also, with Eliott Waves pattern we can predict the kind of move is to be done, in 5 wave impulse
then an ABC correction.
Overall, I see the top near 80k in the next 4 to 6 weeks.
Trade safe and dont forget the Stop Loss!
YFIUSD TO THE MOON???Will YFI will go to the moon? At the moment thers a lot auf bullish Chartpattern in the YFI chart.