Yearn.finance (YFI) price tumbles 45% within a few hours, falling from $14,500 to $8,300. The crypto market sets eyes on it as one of the biggest platforms in the DeFi ecosystem witnessing a massive selloff, causing people to speculate whether any suspicious things are happening with yearn.finance.
YFI price has rallied more than 160% in November, touching a high...
Test 1.28791 then plummet, lost of uncertainty with election looming, such a shame as I was really excited about this £ comeback!
1.27556 will be a key area to watch out for, use a trailing stop loss after 30 pips profit and USE RISK MANAGEMENT.
Trade is at a 3:25/1 ratio.
Alright, if you bought this pair from prior lows congrats, as of now, we could see prices shoot down to lows of 1.18600. Of course prices could reverse half way, and take out our current high, but let's just wait and see. We could see prices shoot down lows of 1.18800/1.18600/1.18400.
TP: 1.18800/1.18600/1.18400
I know everyone's on the "BTC Moon Lambo" hype train right now, but reality shows a regression in Elliott Wave fashion.
Peaking out in a $16K hockey stick today, and I've seen people draw comparison to Amazon, Netflix -0.10% , Apple 0.28% , and whatever other stocks fit their mold, but the harsh reality is that Bitcoin 13.55% is MySpace, maybe even Friendster....
USDCAD -61.8% EXTENSION FULFILLED REACHING THE WEEKLY LOW
FALLING WEDGE ON THE 1 HOUR AND 2 HOUR CHART INDICATES A BULLISH REVERSAL COMING SOON
SEVERE 1 HOUR AND 2 HOUR MACD DIVERGENCE
ENTRY NOW OR UPON A BREAK OF THE TL OF THE WEDGE TO GO LONG ALL THE WAY TO 1.31500
MASSIVE RISK/REWARD HERE
WORTH THE RISK AGAINST THE TREND
