YFIBTC trade ideas
Yearn Finance Opinion: YFIBTC Flush Imminent for a Healthy CycleYFI needs a proper flush before it can resume an uptrend continuation, by getting a good chunk of the 10,000x, 1,000x, and 100x longterm HODLers out of the trade.
Downside targets on the chart may be exaggerated, as I'm looking for capitulation signs instead.
Currently positioned neutral until a breakdown of the trendline, though also cautious in the event of a bear trap.
time to turn back around?we are at the 0.786FIB.
indicators 1hr 4hr and 1D are at the bottom now, so if it turns around could be a nice ride up.
what concerns me is the BTC.D, it is going up at the moment and will probably continue for next couple of days.
YFI has been sleeping for a while and i want to see it go up?
im here to learn and open for your thoughts, indicators and charts!
YFI BTC falling to the 0.70 mark. YFI BTC falling to the 0.70 mark.
A sharp decline on all timeframes for YFI BTC
Giant triangleseems like there is an inverse head&shoulders on the 4h on yfiusdt, this bigass triangle likely to break
YFIBTCIs YFI the only Defi that hasnt pumped?
Fundamental doesn't look bad. If Btc trades within its range, it can show some good show here...
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YFI BTC closing into a wedge to break to the upsideYFI BTC closing into a wedge to break to the upside
YFI BTC - not much movement between support and Resistance YFI BTC - not much movement between support and Resistance - showing good bullish engulfing candles though
YFI BTC will be wedged between supports and 1h resistance levelsYFI BTC will be wedged between supports and 1h resistance levels
YFI BTC wedge to form to pull down to lower resistance levelsYFI BTC wedge to form to pull down to lower resistance levels
YFI/BTC LONG | Big BounceWe are approaching important support. Don't forget to buy support and sell resistance. High reward if it plays out. Once in a year oppurtunity.
