YFI Coin - Potential Inverse Head & Shoulder's Bottom PatternNeckline coming in around $31,300. It's still a bit away, but based on the hourly chart, we should rally to at least the neckline. If we break $31,300, it's off to the races. $56,470 would be price objective for the H&S pattern, but we would at least get to the previous ATH of $43,937.
YFIUSDT
YFI-4h. The next target - $31000.Our previous YFI idea from December 10 worked out .
The sellers managed to break the $23,300 mark and test the lower trend line of the falling channel.
However, there was clearly not enough strength to test the $21,000 mark. As a result, buyers quickly returned the price to the critical point of $26,700-27300.
Buyers manage to establish themselves in this price range.
Therefore, the medium-term dynamics of price movements indicates a test mark of $31,000 in the near future.
The global target is $44,000, but more on this in our next medium-term idea.
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YFIUSDT H16: BEST Level to BUY/HOLD 75% gains(SL/TP)(UPDATED)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
YFIUSDT H16: BEST Level to BUY/HOLD 75% gains(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: YFIUSDT 16hour chart review
::: updated/revised outlook
::: buying low still makes sense
::: chart looks good /strong
::: some resistance overhead
::: expect pullback off 31650
::: expecting short-term pullback
::: BULLS BUY any pullback/dips
::: TP bulls +75% gains
::: BULLS get ready to BUY after pullback
::: TP bulls is +75% gains later
::: expecting a run up until 36800
::: FINAL TP is 36800 BULLS
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW 21000/22000 BUY/HOLD
::: TP BULLS +75% 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
YFIUSDT $34000 Long TargetLooking at the 12-hour of YFI, its at a crucial decision point on the verge of a breakout. If this breaks out of this downtrend to the upside, YFI is going to hit $30,000 and beyond to the moon 🌙
The downtrend is formed from the ATH at $43,562 down to the most recent swing high at $30,000. YFI has been creating higher highs and higher lows, both common signs of bullish momentum. There is a very good chance with the recent price of Bitcoin that YFI will follow suit and break out of this downtrend. Here are my TP levels going up:
TP1 🎯 $30000
TP2 🎯 $32299
TP3 🎯 $34835
Eventually after YFI finds support at $34825, its going to come up and retest its previous-ATH at $43,562.
Cheers traders let me know your thoughts
✳️Yearn.Finance/USDT Analysis (14/12) #YFI $YFIYFI is still fluctuating in a wide range of 20000-30000$ and has yet to determine its next trend.
It is still too early for YFI to initiate a downtrend because the November's rally is so strong that it will easily continue this December. Just surpassing the 28000-29000$ zone, YFI can completely increase to 40000$.
However, one thing we need to keep in mind is that the volume of YFI when oscillating at this top zone is decreasing and could form a Diamond pattern if YFI loses the 24000-25000$ zone, and it will fall to 18000$ zone.
📈BUY- LONG
-Buy: 24000-25000$. SL B
📉SELL-SHORT
-Sell: 28000-29000$. SL A
-Sell: 38000-40000$. SL A
♻️BACK-UP
-Sell: 24000-25000$ if B. SL A
-Buy: 18000-19000$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFIUPUSDT - Will the History Repeat itself? I don'nooo!!Lets see if the History Can Repeat Itself.
<>
#YFIUPUSDT
#YFI
#YFIUSDT
#YFIBTC
YFIUSDT H16: BEST Level to BUY/HOLD 75% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
YFIUSDT H16: BEST Level to BUY/HOLD 75% 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
::: expect pullback off 31650
::: expecting short-term pullback
::: BULLS BUY any pullback/dips
::: TP bulls +75% gains
::: BULLS get ready to BUY after pullback
::: TP bulls is +75% gains later
::: expecting a run up until 36800
::: FINAL TP is 36800 BULLS
::: recommended strategy: BUY/HOLD after pullback
::: BUY LOW 21000/22000 BUY/HOLD
::: TP BULLS +75% 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
YFIUSDT (Channel breakout)#YFIUSDT Technical Analysis Update
Channel Breakout
YFI/USDT currently trading at $25700
LONG ENTRY Level: 25800-2600(only enter after 4-hour candle close )
STOP LOSS: below $24300
Resistance level 1 (Target 1) :$27100
Resistance level 2 (Target 2): $29400
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts
YFIUSDT - Potential breakdown 🔽YFIUSDT is printing a descending triangle pattern.
Sell entry ⬇️ - breakdown below the descending triangle horizontal support.
Target 🎯 - fibonacci extension levels / descending channel support.
Setup invalidation ❌ - breakout above the descending triangle inclined resistance
YFI ( Add to watchlist )YFI / USDT
Possible Breakout of trendline in 4TF
if this pattern successed the potential targets can be up to 30k-32k zone
watch it carefully
The ema 100 act as support and local support (green area) hold as wells
The price shouldn't break and close below to remain bullish
WORTH ADDING TO YOUR WATCHLIST
this is no financial advice
Good luck for you all 🌹
YFIUPUSDT - If the Channel HODLs - Targeting 168% #YFIUPUSDT
#YFIUSDT
#YFI
Really hope this holds
<> Before Investing <>
Comment below with you thoughts or Charts on #YFIBTC
YfiiusdtA good signal for both ordinary people and investors, a good signal in the right place to buy.
YFIUSDT may re-test $20K supportHi friends, hope you are well and welcome to new update on YFI token.
Priceline moving in Fibonacci projection zone:
After taking bullish divergence from potential reversal zone of bullish Butterfly, the priceline is still moving within the Fibonacci projection or sell zone area.
After rejection moving toward support:
After being rejected by $30K resistance now the price action is moving towards $20K support and likely to form a parallel channel within these support and resistance levels. While the price action is forming higher highs on the other hand the RSI is forming lower highs, therefore there are more chances for the continuation of bear trend.
The channel can be changed:
If the price action will be bounced from 100 and 50 simple moving averages then the movement can be changed from parallel to up channel.
The harmonic BAT move:
On daily chart, the priceline of YFI token is also completing the final leg of bullish BAT and for the completion of this leg the priceline may move down between: $21128 to $ 19773 then it may move up from this potential reversal zone.
Conclusion:
All indicators and patterns have confirmed a move upto $19773 but we should use the potential reversal zone of bullsh BAT as stop loss because, if it will be broken down then the bear trend can be continued.
Note: Above idea is for educational purpose only
YFIUSDT completing final leg of BAT| Upto 23% move expectedThe previous idea produced more than 281% profit:
Now on daily time period chart, the price action of yearn.finance (YFI) is completing the final leg of bullish BAT and soon it will be entered in the potential reversal zone. There is also a 50 SMA support in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of bullish BAT pattern should be as below:
Potential reversal or buying zone: $21128 to $ 19773
Sell or Fibonacci projection zone: $ 29342.54 to $ 24359
Stop Loss:
The potential reversal zone area that is up to $19773 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 23% and as per the above-mentioned stop loss, the loss possibility is 6.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
YFIUSDT completing final leg of Butterfly | It can be 1600% moveThe priceline of yearn.finance (YFI) is completing the final leg of bullish Butterfly, the targets as per the Fibonacci sequence of Butterfly are:
Potential reversal or buying zone: $11060.76 to $2044.12
Fibonacci projection or sell zone: $18058 to $34994
Regards,
Atif Akbar (moon333)