The sharp rebound in the price of YFI on December 24-25 gave investors a chance for a new wave of growth. Within 4 days, buyers formed a reversible pattern to break the critical range of $24100-24700 . The main buyer support for this scenario was in the range of $22000-22500. At the moment, sellers have managed to cancel this pattern and test the $21,000...
I think the chart is quite self-explanatory
I love trying to find bottoms (or even short term ones) Here on Yearn.Finance we have a moment here where the MFI (GREEN) Stochastic RSI have been oversold for a few days. The RSI is now under 30. Although a short history THESE levels play apart many times in other ALTS and I do expect a nice bounce here. We look for a reversal when MFI (RED) Stochastic RSI...
It looks like the YFI price is facing dark times. On the chart, for the second time, a H&S reversal pattern is drawn. A few months ago, we were one of the first to publish the idea with the H&S on the YFIUSDT chart and it worked out perfectly. Now, again there is a threat of a sharp price fall. Below $22,500 there is still a level of $21,000, and then there...
YFIIUSDT is printing a descending triangle pattern. Price is testing the descending triangle support. Sell entry ⬇️ - breakdown below the descending triangle support Target 🎯 - fibonacci extension levels Setup invalidation ❌ - breakout above the descending triangle inclined resistance.
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 $26,700-27300. Buyers manage to establish themselves in this...
YFI is still fluctuating in a wide range of 20000-30000$ 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...
d.chart Hi, It is likely BTC will slow down at this level and potentially pull back. The pullback will give YFI the chance to test the trend line and as per bullish move, have it bounce with a lower high. I would like it to be the black line as it gives you a chance to prepare. The red line will be waiting for the pullback at some stage. All the best, S.SAri
Hi 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...
The 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...
The 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)
YFIIUSDT is testing the major descending channel support. Price action is printing a minor falling wedge pattern. Buy entry ⬆️ - breakout above the falling wedge resistance + previous swing high. Target 🎯 - major descending triangle resistance. Setup invalidation ❌ - breakdown below the falling wedge low.
Buyers kept the first hit on the trend line that we talked about in the previous idea . However, the rebound is too weak . In the market, the initiative remains with the sellers . If other coins were able to at least test the upper trend line of the local fall channel, this did not happen in the YFI market. Therefore, we expect the liquidity zone to break...
On 2 December, the level of 31,000 stood. It is difficult to call a new buyers'attack from 4 December as an attack. Despite the positive news, about yearn.finance and sushiswap joining, the trading volumes somewhere disappeared. The YFI price is kept thanks to BTC. After breaking $26,150, sellers will quickly reach $23,300. Let's see if buyers still...
On the chart. camarilla pivots + cpr
Depending on my last update expecting that YFI will breakdown huge. The first target are 19K for start of crash trend, and expecting at long term we will see only down trend that even from 12K and lower possible. There are some important trends-news makes my expecting this crash As we know always use good stop limit and trade safe Have good time ALL