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YFIUSDT

YFI/BTC (Testing Key Support Level)💎Technical Analysis Summary💎 BINANCE: YFIBTC -YFI broke bearish after confirming the H&S pattern -It reaches the key level of support today -Buying during a heavy downtrend is a high risk -This is the first touch so it is hard to say it will hold -We need further consolidation and more green candles -Let us wait for a few more days and look for patter reversals A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
6
Warning!!! It Can Be 90% More Drop Before The Next Bullish RallyHey friends hope you are well and welcome the new update on yearn.finance token. On daily chart the priceline of YFI token has formed a perfect Head & Shoulder Pattern and broke down the neckline. The neckline was at $20K. On small time period 4-hour chart the priceline was moving in a perfect uptrend. On 19 Sep the price action has broken down this uptrend-line and now it has established a downtrend and broke down all simple moving averages with the time period of 25, 50, 100 and 200 as well. Now the price action of yearn.finance is forming different harmonic moves in USD and Bitcoin markets as below: The harmonic move in US Dollar market: The priceline of yearn.finance is completing the final leg of bullish Butterfly and soon it will be entered in potential reversal zone. The targets as per the Fibonacci sequence of Butterfly are: Potential reversal or buying zone: $11060 to $2044 Fibonacci projection or sell zone: $18058 to $34994 The harmonic move in Bitcoin market: The priceline of yearn.finance ( YFI ) is completing the final leg of bullish Butterfly and soon it will be entered in potential reversal zone. The targets as per the Fibonacci sequence of Butterfly are: Potential reversal or buying zone: 1.1557 to 0.3215 btc Fibonacci projection or sell zone: 1.8030 to 3.3728 btc Conclusion: As the priceline is expected to have more drastic drop in near future. But as the priceline is also completing final leg of bullish reversal moves therefore after completing this rally to the down side another rally to the upside can be expected that can be upto 1600%.
by moon333
5
Catch the Falling YFI KnifeThis is very obviously a high-risk trade on a very young and volatile asset - proceed with caution. YFI is about to hit a support level - given the fact that this is the only historical support level around this price level in this young asset's life, there is a strong chance we'll see a little bounce. For the record - I am not entering this trade as it's too high risk. If you do trade this, watch it closely, use a stop loss, and GIGO (Get In GetOut). Enjoy! Learn how to create passive income with cryptocurrency at passivecryp.to!
Long
by UnknownUnicorn10729151
3
YFIUSDTThe great YFI is likely going to dump. Here are my reasons. Using technical analysis, a head and shoulder pattern is clearly shown on the chart as seen which also indicates its ATH (All Time High). On a 4 hour timeframe, price has broken and retested the first zone and now resting on the second zone. A break on the second zone will give higher possibilities of the dump taking place. Fundamentally, there is a rumor that 1 million YFI has been transferred to binance exchange. A dump is likely to take place folks. Take great caution with some altcoins you are holding and stay safe. Please let me know your thoughts in the comment section.
by Cavicon
3