#YFI/BTC 1W (Binance) Descending wedge breakout and retest

Yearn Finance has been down-trending for years in sats but is sitting on historical demand zone once again.
It has recently printed a bullish hammer on weekly, a decent bounce towards 100EMA resistance would make sense.

⚡️⚡️ #YFI/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 3.0%

Current Price:
0.1437

Entry Targets:
1) 0.1432

Take-Profit Targets:
1) 0.2879

Stop Targets:
1) 0.0949

Published By: @TradingOn

CRYPTOCAP:YFI YFIBTC #YearnFinance #DeFi yearn.fi

Risk/Reward= 1:3.0
Expected Profit= +101.0%
Possible Loss= -33.7%
Estimated Gaintime= 3-6 months

Trade active:

Binance
#YFI/BTC All entry targets achieved
Average Entry Price: 0.1432 💵