YFI - S/R Flip testLet's see how it goes. Was stopped out on the last one trade. Do not plan to open a new one until $12k (the next support) or above $21k.
To be bullish again it needs daily close above $21 at least. On the other hand, considering a small coin supply (this includes locked tokens in yGov, Vaults and other farms) it's kinda hard to predict the next move using TA only.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
YFIUSDT
Buy YFI target 19700 (SUPPER BULLISH IF BREAK 19700)i think YFI can be super bullish YFI can break the Red Trend so let give it a chance
btw i think green is going to happen! so watch the YFI come back to game!
our 2 last yfi analysis hit the target easily i hope you enjoy my last 2 one and now wait for red trend line if break, YFI can come back to game!
Still Short YFIClosed 25% of my short position.
It would have been nice to see some divergence with the RSI and since it is not I am waiting till $15374 to close another 25%
I will then determine further action. I still see $12000 as a strong possibility.
Still not oversold on the day chart.
Have fun trading!
This is not financial advice.
YFI looks very bad! if yfi can't reach 22500 then 16720!I use some trend line and fibo level (i hide some of them in chart)
If YFI cant fix above 22500 that's look very bad i think YFI need to go 16720 maybe another shot break this downward tend
lets see what will happen!
btw we made some profit with my last yfi analysis hope you enjoy that one
thanks for reading
Opening A YFI Short PositionWell it doesn't look too good for YFI currently.
The head and shoulder pattern has completed and it looks like it will take the price down for the next couple of weeks.
$16,600 is the first support I'm looking at. That head and shoulders is a nasty one and I would not be surprised if the YFI price dropped all the way down to $4,000. I have my marks on the chart.
Be careful with your holdings and as always, Have fun trading!
This is not financial advice.
YFI Descending Channel/WedgeYearn.Finance needs to break out at around 21k and hold that finding support around 21.6k as this was support a few weeks ago until we broke it. If we
don't break above above 21k within the next few hours, we are most likely going to see it fall down testing around the 18k levels and if we break that, then it will be going much lower.
YFI quick market updatePlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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Head and Shoulders Forming on YFIChart is self explanatory. If it breaks out of the right shoulder and holds a few days, the pattern is invalidated. However if it breaks below the neckline and holds for 1-2 days, we are going to tank to the lower support. RSI is the only potentially positive thing which shows room to the upside, but could still fall through the floor. Not investment advise just archiving my thoughts.
One Way Out For YFII have mapped a way out for YFI head and shoulders pattern.
Make sure to check out my past posts linked at the bottom. If YFI can hold these levels, and does not break the neckline, then we could see some upward momentum.
I have drawn out one potential path here. It would also be a head and shoulders bottom.
Good luck trading!
This is not financial advice.
Yearn Finance YFI - Symmetrical triangleWe are currently in this symmetrical triangle, the price creates higher low => uptrend is intact.
The red trend line can be very useful in the future, because you can sell/short when the time comes.
Bottom trend line really should hold for smooth continuation of the trend to the upside. Else this symmetrical triangle can become an descending triangle, which is bearish.
If you like this technical analysis, please hit the like button and follow me for more of these ideas!
Also, check my signature down below ↓
Lets do some pumpBINANCE:YFIUSDT
Hello everyone.
As we can see :
- MACD had a crossover and being bullish
- Stochastic is being bullish
- Helical indicator is being bullish
- Market is being bullish ( We believe its fake only some stop hunt, but we will use it ! )
- Descending channel
We forget to check YFI this last days so it means that we lose the dump.. But toke long from 24K to 33K in our previous post !
YFI likely have pullback from support so we take long on it !
Watch for retest on long-term support..
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades