YFI / BitcoinLong
YFI/BTC 1h (Binance Spot) Bullish pennant forming
Updated
Seems like YearnFinance already broke out upwards in satoshi, so there we will enter now in case it does not dip as I expect in Futures.
Current Price= 0.98552
Buy Entry= 0.98602 - 0.94017
Take Profit= 1.05695 | 1.12343 | 1.20796
Stop Loss= 0.86885
Risk/Reward= 1:1 | 1:1.71 | 1:2.61
Expected Profit= +9.77% | +16.67% | +25.45%
Possible Loss= -9.77%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 120h
Current Price= 0.98552
Buy Entry= 0.98602 - 0.94017
Take Profit= 1.05695 | 1.12343 | 1.20796
Stop Loss= 0.86885
Risk/Reward= 1:1 | 1:1.71 | 1:2.61
Expected Profit= +9.77% | +16.67% | +25.45%
Possible Loss= -9.77%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 120h
Trade closed: target reached
TP3 reached with +25.45% without leverage#YearnFinance made it up to third target in less than 24h, that was even faster than I expected!
Very nice profit, good time to accumulate some satoshis preparing for next Bitcoin bull-run.
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