YFI🔥🔥🔥
13,402 προβολές
12 Δημοσιεύσεις
Δημοφιλές
Πιο πρόσφατα
#Yearn.Finance (YFI) Analysis #YFI🔥🔥🔥
The recent technical analysis for Yearn.Finance (YFI) shows a bearish trend, following a breach of a symmetrical triangle pattern on the 4-hour chart, as indicated by a recent image you provided. This pattern suggests potential for further decline, projecting a possible 15-20% drop unless there is a significant retracement that closes above the triangle, indicating a fakeout.
From a broader perspective, YFI is currently priced around $5,732, having experienced a recent decline of 3.28% in the last 24 hours. Technical indicators on multiple platforms, including the RSI, moving averages, and other oscillators, reinforce a bearish sentiment. All key moving averages (10, 20, 30, 50, 100, and 200 days) are indicating sell signals, suggesting continued downward pressure.
Fundamentally, Yearn.Finance continues to hold its position as a key player in the DeFi space, particularly in yield farming. Despite the bearish technical indicators, the long-term outlook for YFI remains optimistic due to its unique value proposition and strong community support. However, in the short term, caution is advised as the current technical setup points towards a bearish trajectory.
#Write2Earn! #Bitcoin_Coneference_2024 #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions
The recent technical analysis for Yearn.Finance (YFI) shows a bearish trend, following a breach of a symmetrical triangle pattern on the 4-hour chart, as indicated by a recent image you provided. This pattern suggests potential for further decline, projecting a possible 15-20% drop unless there is a significant retracement that closes above the triangle, indicating a fakeout.
From a broader perspective, YFI is currently priced around $5,732, having experienced a recent decline of 3.28% in the last 24 hours. Technical indicators on multiple platforms, including the RSI, moving averages, and other oscillators, reinforce a bearish sentiment. All key moving averages (10, 20, 30, 50, 100, and 200 days) are indicating sell signals, suggesting continued downward pressure.
Fundamentally, Yearn.Finance continues to hold its position as a key player in the DeFi space, particularly in yield farming. Despite the bearish technical indicators, the long-term outlook for YFI remains optimistic due to its unique value proposition and strong community support. However, in the short term, caution is advised as the current technical setup points towards a bearish trajectory.
#Write2Earn! #Bitcoin_Coneference_2024 #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions
11000
58%
6500
42%
53 ψήφοι • Η ψηφοφορία ολοκληρώθηκε
#YFI/USDT
#YFIBULLISH
#YFI🔥🔥🔥
LONG TERM SIGNAL YFI 🔥🔥🔥
BIG INVESMENT AND BIG PROFIT🔥🔥
TIME FRAME 1/2 MONTH
ENTRY PRICE 7400.7200$
TP 1.....15000$
TP2..... 20000$
TP3.....30000$
TP4.....40000$
TP5.....50000$++++
SPOT CALL ONLY NO FUTURE TRADE🙏🏻
FOLLOW ME AND JOIN
GROUP
+923138743344
HAFIZ SHEHRAZ🔥🔥🔥
#YFIBULLISH
#YFI🔥🔥🔥
LONG TERM SIGNAL YFI 🔥🔥🔥
BIG INVESMENT AND BIG PROFIT🔥🔥
TIME FRAME 1/2 MONTH
ENTRY PRICE 7400.7200$
TP 1.....15000$
TP2..... 20000$
TP3.....30000$
TP4.....40000$
TP5.....50000$++++
SPOT CALL ONLY NO FUTURE TRADE🙏🏻
FOLLOW ME AND JOIN
GROUP
+923138743344
HAFIZ SHEHRAZ🔥🔥🔥
YFI Usdt Detailed Analysis
Price and Volume
Current Price: 5,816 USDT
Change: +0.40%
Technical Indicators
Exponential Moving Averages (EMA)
EMA (50): 5,964.1 USDT (Yellow Line)
EMA (100): 6,169.5 USDT (Green Line)
The price is currently below both the EMA (50) and EMA (100), indicating a bearish trend.
Relative Strength Index (RSI)
RSI (7): 39.6
An RSI of 39.6 suggests that the asset is approaching the oversold region (below 30 is considered oversold). This could indicate a potential buying opportunity if the RSI drops further or starts to rise.
Moving Average Convergence Divergence (MACD)
DIF: -33.6
DEA: -39.1
MACD: 5.6
The MACD histogram shows that the MACD line is above the signal line, but both are in negative territory. This might suggest that while there is a minor bullish crossover, the overall momentum remains bearish.
Chart Patterns
The price reached a recent low of 5,328.0 USDT and has since been trading in a relatively narrow range, indicating potential consolidation.
There is a noticeable downward trend as indicated by the descending price action and the alignment of the EMAs.
Support and Resistance Levels
Support Level: The recent low at 5,328.0 USDT acts as a key support level.
Resistance Level: The EMA (50) at 5,964.1 USDT and EMA (100) at 6,169.5 USDT act as immediate resistance levels.
Summary
The YFI/USDT pair is currently in a bearish trend, trading below both the 50-day and 100-day EMAs.
The RSI indicates potential oversold conditions but is not yet in the oversold territory.
The MACD suggests a minor bullish crossover, but the overall momentum is still bearish.
Traders should watch for price movements around the support level of 5,328.0 USDT and resistance around the EMAs. A break above the EMAs could indicate a potential trend reversal, while a drop below the recent low might suggest further bearish movement.
Current Price: 5,816 USDT
Change: +0.40%
Technical Indicators
Exponential Moving Averages (EMA)
EMA (50): 5,964.1 USDT (Yellow Line)
EMA (100): 6,169.5 USDT (Green Line)
The price is currently below both the EMA (50) and EMA (100), indicating a bearish trend.
Relative Strength Index (RSI)
RSI (7): 39.6
An RSI of 39.6 suggests that the asset is approaching the oversold region (below 30 is considered oversold). This could indicate a potential buying opportunity if the RSI drops further or starts to rise.
Moving Average Convergence Divergence (MACD)
DIF: -33.6
DEA: -39.1
MACD: 5.6
The MACD histogram shows that the MACD line is above the signal line, but both are in negative territory. This might suggest that while there is a minor bullish crossover, the overall momentum remains bearish.
Chart Patterns
The price reached a recent low of 5,328.0 USDT and has since been trading in a relatively narrow range, indicating potential consolidation.
There is a noticeable downward trend as indicated by the descending price action and the alignment of the EMAs.
Support and Resistance Levels
Support Level: The recent low at 5,328.0 USDT acts as a key support level.
Resistance Level: The EMA (50) at 5,964.1 USDT and EMA (100) at 6,169.5 USDT act as immediate resistance levels.
Summary
The YFI/USDT pair is currently in a bearish trend, trading below both the 50-day and 100-day EMAs.
The RSI indicates potential oversold conditions but is not yet in the oversold territory.
The MACD suggests a minor bullish crossover, but the overall momentum is still bearish.
Traders should watch for price movements around the support level of 5,328.0 USDT and resistance around the EMAs. A break above the EMAs could indicate a potential trend reversal, while a drop below the recent low might suggest further bearish movement.
YFI coin is at a very attractive rate. You can buy a little bit in the spot market for the long-term. Good luck! 👍 #YFI🔥🔥🔥 #YFIBULLISH #YFI #altcoins #BTC $YFI
