The Triangle patternThe Triangle pattern is forming in wave 4 from the first ascending wave of point 3
As you can see in the image, the uptrend is completing in the first ascending wave from point 3, currently, the price is in wave iv of this wave. The triangle pattern is formed and by crossing the price from the range of $ 34,985 we can get the confirmation for the uptrend, and we can go for the first target of $ 54,700.
YFIUSDT
$YFI about to go parabolic!$YFI the biggest lagger of all defi coins is not sitting at the very important support.
Reasons to be bullish:
Whole defi is exploding and YFI is the biggest lagger.
New vault incoming in next 10 days.
Huge volume spike after which descending volume waiting for the expansion to the one side or the other.
YFI was a leader of the first DEFI bluechip run.
Once it started it went vertical and it also ended the DEFI summer.
APY across the board are increasing, ALPHA project skyrocketing.
YFI 2021.02.07Everything shows an increase, depending on the volume of transactions, the specified goals can be considered, there is also a downward trend, but the probability of a decrease is very low. Unfortunately, with the news of the currency being hacked, everything fell apart and fell behind the market.
YFIUSDT H16: BEST Level to BUY/HOLD 100% gains(SL/TP)(NEW)YFIUSDT H16: BEST Level to BUY/HOLD 100% 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
::: some resistance overhead (ATH)
::: expect pullback 25K/26K
::: expecting short-term pullback
::: BULLS BUY any pullback/dips
::: TP bulls +100% gains
::: BULLS get ready to BUY after pullback
::: TP bulls is +100% gains later
::: expecting a run up until 60 000
::: FINAL TP is 60 000 BULLS
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW 25000/26000 BUY/HOLD
::: TP BULLS +100% 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
YFII the little brother is ready - Altseason 2021YFII is a coin of great interest. Its the little brother of YFI, one of the DEFI leaders that will also shine soon.
In my opinion YFII as bottomed out on the daily.
I know its hard to keep up with all those coins looking so juicy and i get asked a lot : how do you invest in all of them?
Simple : when a I own coin pump (XVG, SC, FET, SXP this week), I sell 1/4 or 1/3 of the position at the 1st target on chart.
That way i get money to invest in the new findings that DIDNT pump yet.
Targets on charts may take 2-4 weeks to complete in my view.
Trade safe!
yfiupusdt yfi is looking good here as it is giving bullish divergen here ...symmetical triangle is also forming in it ...overall it is good to accumulate it here ....this is not a investment advice ...do your personal research to before adding it to your bag
YFIUSDT_Daily: Analysis Upadte***********************************************
Price : 28,716 USDT
Entry LVL: 28,500 -28,700 USDT
Support Zone: 25,000 -26,000 USDT
Expected Return: 30%- 58%
Reward/Risk: 3.8
TP_LVL I: 23,000 USDT
TP_LVL II: 43,000 USDT
SL: 143 Sat
***********************************************
🆓Yearn.Finance/USDT Analysis (27/1) #YFI $YFIYFI is in a correction to $22-23k zone, which is a good buy zone and we can expect a strong rally to $32k, $44k and even $65k in February.
📈BUY
-Buy: 22k-23k$. SL B
📉SELL
-Sell: 32k-33k$. SL A
-Sell: 43k-45k$. SL A
-Sell: 65k-67k$. SL A
♻️BACK-UP
-Sell: 22k-23k$ if B. SL A
-Buy: 16k-17k$. SL B
-Buy: 32k-33k$ if A. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFI/USD - Trying its luck at $36k!YFI has found some good support on the ascending wedge and we seem keen to push higher to $36k.
We have some resistance before that is feasible, so let's see if we can pass the dotted diagonal which serves as immediate resistance.
Indicators on 4h are looking good to me, therefore short term bias is bullish. ETH and BTC also managed to hold at support and reverse higher, which is bullish, at least for now. See my ideas below for that.
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