YFI/usdt (yearn.finance) - Bullish Support & Momentum -1 Hour
YFI/usdt (yearn.finance) price has found bullish price support and macd momentum in the 1-hour chart.
Entry (long): $21537
Take Profit +6% (exit): $22851
Stop Loss -3% (exit): $20897
Note: need to see a breakout above the descending wedge and price trend change (uptrend) on this hourly chart.
Shorter-term intraday price may pullback before this crypto eventually rallies.
YFI/usdt has less liquidity than other cryptos and more volatility.
Utilize stop loss, position sizing, risk management.
All content is Not financial advice. Trade at your own risk.
Entry (long): $21537
Take Profit +6% (exit): $22851
Stop Loss -3% (exit): $20897
Note: need to see a breakout above the descending wedge and price trend change (uptrend) on this hourly chart.
Shorter-term intraday price may pullback before this crypto eventually rallies.
YFI/usdt has less liquidity than other cryptos and more volatility.
Utilize stop loss, position sizing, risk management.
All content is Not financial advice. Trade at your own risk.
Comment:
04/08/2022: YFI/usdt nearing 0.618 Fibonacci support on 1-hour chart.
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Boost, comment, cheer, or share to support.
All posts are not financial advice.