Yearn Finance - YFI - This Coin may beat BTC to $100K! The technicals look ready to initiate liftoff! We will see?
long on YFI. I was not expecting such a violent upwards run then downwards correction, but that's why we love crypto. Let she if this count holds. of course depends what daddy btc wants to do.
Yearn Finance - YFI - will YFI beat BTC in the race to $100K? Still ahead of BTC. We will See? HODL is the motto!
Yearn Finance - YFI - Crypto - YFI watch - 1st $100K coin? Looking at the 1 hour chart YFI may be starting another run for $100K. Will it beat Bitcoin BTC to $100K?
Yearn Finance - YFI - YFI may be the first coin to hit $100k. Yes, it is trading higher than Bitcoin. It hit a high of about $95K. This is one to watch for the historic value of paving the way for other coins to rise to new heights.
Yearn Finance -YFI- Crypto - YFI will be the first crypto to hit $100,000. YFI is paving the way to $100,000 for Bitcoin BTC. If you don't believe in the financial energy that is generated through crypto you will soon. If YFI can hit $100K then BTC can also. More and More people will jump into crypto. Also consider that a Golden Sachs Director quit his job...
The Mascot of DeFi is teasing a big breakout. Opinion: A pleasant surprise for believers by YFI's first anniversary in Summer 2021 ** NOT ADVICE **
YFI bagholder special. I fully expect YFI to outperform ETH this coming Defi summer 2.0. Looking to build a long term position around current price action. Signs of weakness below 20 YFI/ETH (many daily closes) I would look to close and re-enter lower.
Break and close above the horizontal line could indicate a change of sentiment. May even look to enter on a retest of the horizontal line. Larger diagonal break with volume would confirm. Setting a moderate target (green line). All eyes on BTC.
I remember when we were charting BTC price parity for YFI. Maybe those days are long gone for Yearn Finance. Still candles are holding above the EMA trendline for now after a slowdown of Bitcoin pricings.
After 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.
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...
Price action looks like an impulse wave down from the top after completing a leading diagonal in higher timeframe. The bounce we had after this impulse to the downside seems too short in both price and time. I expect more of a bounce before more downside. The green area is confluence of 1/1 wave A/C + 0.5 / 0.618 retracement form the top + resistance level from...
Yearn Finance against a strong BTC is suffering. Falling EMA, expect to to see it fall to the 1d support off the previous market structure.
Massive drop on the 4h Even the daily support and resistance is showing in the one hour chart! SLight move away from the 4h support line.
Good time to buy YFI if you want gains on btc. EMA looks to be rising ever so slightly.