YFI usdt - retracement after the $42k markAfter a strong climb back from it's early March lows to $42,000+ we see a retracement.
I don't think there will ever be a YDI/BTC price parity again, those days have gone for Yearn Finance.
YFIUSDT.P trade ideas
YFIUSDT ://ahhhh_my old friendbeen a while but we believe Yearn team is getting ready to make some nois again so unless u can take the time to deep dive on the curve yfi sushi and yearn eco system being built then this scare only 30k token is probably the way to go.
from tech view she looks like she will be rejected or run rite here. if rejected which looks more like;ly_ scoop the low 30k dips and start carving out a position if this is ur jimie jam. Personaly we only hold a very small amount of YFI _ we want some exsposure here (same with DOT and a few others not huge huge on but still respect)
rite now we heavy on
CEL ZKS ETH BTC
less but still heavy on
ADA ALGO VET
n some OMG BAND DOT YFI MATIC ENJ MANA
longer shots we hodl r
RFI
TRUSTSWAP
SUSHI
SNX
UNIUSWAP
1INCH
LIDO
OPIUM
DMST
UMEX or UMX now
DDIM
LINEAR_LINA n a few more
YFIUSDT (YEARN.FINANCE) - BUY ENTRY ANALYSIS 🔎
- YFIUSDT brokeout above the inverse head and shoulders neckline resistance and descending trendline resistance (DTR-1).
- The market then retraced for the retest of the neckline resistance, descending trendline resistance (DTR-1), key fibonacci retracement zone and ascending trendline support (ATS).
- The retracement was resisted by the descending trendline resistance (DTR-2).
- Price brokeout above the descending trendline resistance (DTR-2).
- This is a bullish signal.
BUY ENTRY ⬆️
- Conservative entry : breakout above the previous swing high resistance (R1).
- Aggressive entry : market price (now).
TARGETS 🎯
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support (ATS) and previous swing low support level.
Short Trade I work out a Bipoon signal to sell YFI. It is a good moment to test market on the bearish power. I sell by signal around high level of flat trend. Will see.
yearn.finance (yfi)Hi guys. #YFI is now completing the pullback after breaking the triangle.
(yfi) have e good resistance on 40.000 and after breaking that it will reach the targets that marked on analyze.
YFIUSDT buy in the pink area and sell on 44000hello dear friends u can get some profits by buy and sell yfi see the chart and it is the best analysis for yfiusdt chart
like if you get profit by the analysis
YFI/USDT analysisWhat Is 🌟Yearn.Finance (YFI)🌟?
Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.
Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.
Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.
❇️Who Are the Founders of Yearn.Finance?
Yearn.finance is the brainchild of Andre Cronje. After leaving the iEarn project in February 2020, Cronje returned to oversee a rebirth, with new tools emerging and YFI going live in July.
❇️What Makes Yearn.Finance Unique?
Yearn.finance set out to simplify DeFi investment and activities such as yield farming for the broader investor sector.
The platform makes use of various bespoke tools to act as an aggregator for DeFi protocols such as Curve, Compound and Aave, bringing those who stake cryptocurrency the highest possible yield.
New features continue to be rolled out, these aiming, among other things, to help preserve the long-term value of the platform.
Yearn.finance makes a profit by charging withdrawal fees, currently 0.5% at the end of September 2020, as well as 5% gas subsidization fees. Due to its governance model, these can technically be changed by consensus at any time.
The target market for yearn.finance is investors who do not have the time to study the increasingly complex DeFi phenomenon from scratch, or who wish to optimize their returns.
By Confirming the math, Yearn Finance has a maximum supply of 30,000 YFI compared to Bitcoin's 21 Million. Therefore, YFI is very much scarcer than Bitcoin by a factor of 700
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✅TECHNICAL ANALYSIS
As we can see in the weekly timeframe logarithmic chart for yfi , The current price roam about 36,700 $,
We can draw two channels to keep the price in the range. It is likely to hit the bottom of the current channel and be pumped upwards, or even the lower channel, which can be considered as a stronger support. It will react.
The green areas also act as support that can be supported if the price exits the channel. Price targets of 80-90K are considered.However the next goal can be achieved if the DeFi market flourishes again.
Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, because Because this crazy market also depends on the odds and there is no certainty.
reference:coinmarketcap
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
🆓Yearn.Finance/USDT Analysis (11/3) #YFI $YFIYFI is still in accumulation phase and has not pumped strong yet so at the moment, YFI is still very promising.
The 35000$ zone is a good support, which YFI has conquered 4 days ago and a rally may start over there.
The expected target for YFI in this March is 45000$ zone and 65000$ or 95000$ zone in April
📅EVENTS
👉Mar 17 : BitMEX Listing
📈BUY
-Buy: 34k-36k$. SL if B
📉SELL
-Sell: 44k-46k$. SL if A
-Sell: 64k-66k$. SL if A
-Sell: 93k-97k$. SL if A
♻️BACK-UP
-Sell: 34k-36k$ if B. SL A
-Buy: 24k-26k$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
YFI News AnalysisI predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
🔥 YFI Massive Bullish TriangleYFI has produced a massive bullish triangle over the course of a few months, which has started at its inception. This trade is based on a break-out of this triangle.
Before entering this trade wait for the price to touch the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
Buy zone !The price has returned to inside channel
pulled back to lower edge of the channel and broken resistance
Suitable for buy with low risk
Target : 55500$ ( The upper edge of the channel )
YFIUSDT triple chart patternWait for brake of #YFIUSDT triple chart pattern and open a long position on it.
yearn.finance (YFI) - March 9Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We'll have to see if we can get support from 38079-39606 and climb above 44016.
If it falls, you need to make sure you get support in the 26467-31948 range.
If you go down at 26467, you need Stop Loss to preserve your profit and loss.
The next volatility period is around March 14th.
It remains to be seen if this volatility can rise along the uptrend line.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
YFIUSDT H1:TP HIT +25% gains BULLS CONGRATS!(SL/TP)(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Premium content
-not just random lines on the chart
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
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-24/7 uptime so constant updates
YFIUSDT H1: SWING: BEST LEVEL to BUY IT 25% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
congrats TP hit +25% gains.
click play to recap original idea.
🔸 Summary and potential trade setup
::: YFIUSDT H1 chart review/outlook
::: accumulation in progress
::: buy from the lows
::: 30900 will get re-tested and then PUMP
::: TP bulls is 38800 USD +25% gains BUY/HOLD
::: expecting more gains short-term ONLY
::: BUY LOW and get paid
::: is a good strategy for BULLS
::: recommended strategy: BUY IT 30 900 USD
::: TP1 +15% TP2 +25% gains BULLS
::: expecting re-test of overhead resistance
::: so don't expect upside beyond 38 800 USD
::: instead focus on short-term plays only
::: and you will get paid
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/PULLBACK
::: Sentiment outlook short-term: BULLS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Moment of truth on $yfi 👀💰😬Pretty big resistance here + all the fibonacci confluences explained in the last $yfi post below 👇
If we break this resistance, then we fly.
For now i think it's more likely we follow the path in red.
If this 12 hours candle closes like that in 3 hours, it will print a bearish shooting star which will most likely send us to the $20K area
you can trade $yfi on FTX exchange. 5% off fees for you if you register with the links below 👇
YFI// Bat PatternPrice has currently printed an M pattern, which is a Harmonic Bat formation. I left it off the chart to keep things cleaner. Price has also broken out of the long term up-trend line. We can expect a re-test of this TL and also a retest of the midline/previous support now resistance.
In addition to this, I've heard some good news about Yearn Finance. I'm not too adept about understanding crypto fundamentals but I've seen local sentiment about the project show good response. This should be a good opportunity.
Let me know your thoughts.
**This is not financial advice.
