YFIUSD
NEXT support to watch if this does not hold & short predictions*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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YFIUSD 4HR: How to play the near term correctionHappy Friday everyone, this mornings breakout my have been short lived, but as stated prior that upper purple line is our trend channel resistance. So what do we do now?
A. Don't panic, and have a game plan.
B. Novice traders will see red and fold on a strong hand, simply put, when my previous targets are reached its very important to take some profits off the table so you can increase your position on these corrective moves downward.
C. As long as you follow this, when the trend resumes you will be more profitable upon a corrective reversal to the upside.
Overall, we are still in the rising channel with a long term bullish outlook with the prior posts levels still in play. Near term, we will need to strategically increase our position with the cash we have on hand from the prior profits. YFI is a yield optimizing coin, it needs some sideways action before pushing higher.
As always, feel free to leave questions in the comments, cheers!
-Tony
YFI 1D The last bastion of sellers' defenseThe previous idea worked out in a positive way. During the week the price made +50% , and in just 10 days of growth +90% .
Having broken the "Head and shoulders" base, buyers announced their serious intentions.
Now the price has stopped at the last bastion of sellers' defense, the zone $30,000-31,000 . It was not possible to break it the first time.
The rollback to the Head and shoulders base $21,000-22,500 , and then it will be decided where further.
The tradinf delta will show what prevails: sales or purchases, as well as the general mood in the crypto market, will tell where the price can move next.
The global targets are impressive, as are the volatility on the coin: either $44,000 or $10,000.
The main thing is to follow the algorithm of actions described above and adhere to it.
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✳️Yearn.Finance/USDT (17/11) #YFI $YFIYFI is in a strong uptrend with the nearest support zone at 18500-19500$, if this zone breaks, YFI will lose this uptrend.
YFI is heading to the 21500-22500$ resistance zone, which is important because if it breaks, YFI will rise sharply in the coming days.
📈BUY- LONG
-Buy: 18500-19500$, stoploss if B
📉SELL-SHORT
-Sell: 21500-22500$, stoploss if A
-Sell: 26500-27500$, stoploss if A
-Sell: 31500-32500$, stoploss if A
♻️BACK-UP
-Sell close to 18500-19500$ if B, stoploss if A
-Buy: 12500-13500$, stoploss if B
-Sell close to 12500-13500$ if B, stoploss if A
-Buy: 7500-8500$, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFIUSD 4HR Chart says it all.
-long if we close above 25k with buy volume also disproportionate of the past sell volume (sell volume looking weak at time of publishing)
-Short if we close below and reverse volume scenario to the above statement.
-I recently made an account as returning to a more normalized daily life seems to be far on the horizon. I work in the industry and figure I may as well start publishing material instead of answering 100 txts/dms after my normal 8-5 and help some people out. hope you all enjoy, would love to hear any thoughts apposing my view, and am happy to publish material on any security posted in the comments with the most likes. I dont have time to login here more than once a day, inherently thats my best gauge of interest without having to scroll.
Best of luck to everyone, cheers!
-Tony
YFIUSDT Reversing From Support line(LONG Entry With small SL)YFI/USDT Currently Trading at 17200$
LONG Entry level 17200 to 17400 (only enter long Ater the 1-hour candle closed above the 17200 $)
Stoploss: below 16850
Resistance Level 1:18500
Resistance level 2:19300
Resistance level 3: 20300
Risk Reward Ratio: 1:5
ALWAYS KEEP STOPLOSS...
YFIUSDT - Potential rejection of flip resistance 🔽YFIUSDT brokedown below the head and shoulders reversal pattern as expected from my previous analysis.
Price is retesting the flip resistance.
RSI is printing a bearish divergence signal.
The market is printing a rising wedge pattern.
Sell entry ⬇️ - breakdown below the rising wedge support + previous swing low.
Target - Support levels
YFI/USDT - HTF Dead cat Bounce - LTF Inverse H&S ?In a High time, frame we can supose is a Dead cat Bounce if we dont close above 0.382 fib level.
In the 4h we can see a Inverse Head and Shoulders obviously bearish pattern.
But in the same time the Neckline is suporting the price like a good trendline, a close below this Neckline would be bearish for me.
I see a Bear flag or parallel channel it depend of you POV .
Good Short or Not
Price action recap & next key resistances predictions*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
✳️Yearn.Finance/USDT (7/11) #YFI $YFI #YFIUSDTAfter falling sharply from 13000$ to 7500$ as our previous plan, has risen sharply to 11000$, its fluctuation range is quite large, so trading will be quite risky
YFI is heading towards 13000-14000$ zone to confirm an uptrend, however I think it is too early to make a strong move higher up further, which will continue to decline, and the possible target is the 7500$ bottom zone
However, if YFI closes a 1D candle above the 13000-14000$ zone, then YFI will rise very strongly to the 17500 - 23000 - 32500$ zone
📈BUY- LONG Strategy
- Buy close to 7500-8500$, stoploss if B
📉SELL-SHORT Strategy
- Sell close to 13000-14000$ if B, stoploss if A
- Sell close to 17000-18000$ if B, stoploss if A
- Sell close to 23000-24000$ if B, stoploss if A
- Sell close to 32000-33000$ if B, stoploss if A
♻️BACK-UP Plan
- Sell close to 7500-8000$ if B, stoploss if A
- Buy close to 4500-5000$ if A, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFI/USDT clear symmetrical traingleYFI / USDT
🌟analysis🌟
Clear symmetrical traingle formation or flag on 4h frame chart
Breakout of this pattern is extremely bullish
Wait patiently for the break of upper trendline before buy
or buy on the retest
Another thing..the price is above 200 ema which is also bullish and should hold to remain bullish
Good luck and happy trading 🌹
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