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YFIMarketUpdate
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An analysis on $YFI

Well I couldn’t see anything that matches my trading pattern on this pair. But all I can see is a coin that had a fake breakout from a daily resistance. And you all know that a dump follows after a fake break out.

(Daily time frame analysis)

Now a trend line support was broken and it’s about to get a retest. I can only watch to see whether price will respect the retest of the trend line support of $7787.

So when price gets to the trend line support of $7787, we will observe its reaction to see whether it will give a confirmation to continue to the up side or crash further down.

This is just my observation from what I have seen on the chat., it’s not a financial advise. You can take your trading decisions if it aligns with your trading pattern.

#YFIMarketUpdate #TradingOpportunities #dyor #Binance
Yearn Finance (YFI) Navigates Rough Seas: A Deep Dive into Its Recent Plunge” Hello Binance Squad, Linkan here! 🌊 Today, we’re looking at Yearn Finance ($YFI ), which has experienced a dramatic drop, plunging over 35% in just 24 hours. 📉 The Stormy Waters of YFI YFI’s plunge led to over $4.7 million in liquidations, with a significant decrease in both trade volume and open interest. This drastic downturn has raised many eyebrows in the crypto community, highlighting the unpredictable nature of cryptocurrencies . 🌐 On Exchanges: A Shift in Sentiment On platforms like Binance and OKX, the YFI/USDT pair indicates a considerable shift in trader sentiment. The derivatives data paints a stark picture of an asset under pressure, reflecting the challenges $YFI is currently facing . 💸 The Cost of Volatility The total ‘Rekt’ amount for $YFI reached $2.01 million in just a day, with both long and short positions hit hard. These are more than just numbers; they represent the high-stakes environment of the crypto market . 🔍 Looking Ahead The dramatic fall of YFI serves as a reminder of the volatile nature of cryptocurrencies. The crypto community is eagerly watching to see whether YFI can regain its stability or continue to be swayed by the market’s whims . Hashtags: 1. #YFIMarketUpdate 2. #CryptoVolatility 3. #YearnFinanceTurbulence 4. #BinanceSquareAnalysis 5. #DigitalAssetDynamics What are your thoughts on YFI’s recent movements? Share your insights and stay tuned for more updates from the crypto world!
Yearn Finance (YFI) Navigates Rough Seas: A Deep Dive into Its Recent Plunge”

Hello Binance Squad, Linkan here! 🌊 Today, we’re looking at Yearn Finance ($YFI ), which has experienced a dramatic drop, plunging over 35% in just 24 hours.

📉 The Stormy Waters of YFI

YFI’s plunge led to over $4.7 million in liquidations, with a significant decrease in both trade volume and open interest. This drastic downturn has raised many eyebrows in the crypto community, highlighting the unpredictable nature of cryptocurrencies .

🌐 On Exchanges: A Shift in Sentiment

On platforms like Binance and OKX, the YFI/USDT pair indicates a considerable shift in trader sentiment. The derivatives data paints a stark picture of an asset under pressure, reflecting the challenges $YFI is currently facing .

💸 The Cost of Volatility

The total ‘Rekt’ amount for $YFI reached $2.01 million in just a day, with both long and short positions hit hard. These are more than just numbers; they represent the high-stakes environment of the crypto market .

🔍 Looking Ahead

The dramatic fall of YFI serves as a reminder of the volatile nature of cryptocurrencies. The crypto community is eagerly watching to see whether YFI can regain its stability or continue to be swayed by the market’s whims .

Hashtags:

1. #YFIMarketUpdate
2. #CryptoVolatility
3. #YearnFinanceTurbulence
4. #BinanceSquareAnalysis
5. #DigitalAssetDynamics

What are your thoughts on YFI’s recent movements? Share your insights and stay tuned for more updates from the crypto world!
An analysis on $YFI Well I couldn’t see anything that matches my trading pattern on this pair. But all I can see is a coin that had a fake breakout from a daily resistance. And you all know that a dump follows after a fake break out. (Daily time frame analysis) Now a trend line support was broken and it’s about to get a retest. I can only watch to see whether price will respect the retest of the trend line support of $7787. So when price gets to the trend line support of $7787, we will observe its reaction to see whether it will give a confirmation to continue to the up side or crash further down. This is just my observation from what I have seen on the chat., it’s not a financial advise. You can take your trading decisions if it aligns with your trading pattern. #YFIMarketUpdate #TradingOpportunities #dyor #Binance
An analysis on $YFI

Well I couldn’t see anything that matches my trading pattern on this pair. But all I can see is a coin that had a fake breakout from a daily resistance. And you all know that a dump follows after a fake break out.

(Daily time frame analysis)

Now a trend line support was broken and it’s about to get a retest. I can only watch to see whether price will respect the retest of the trend line support of $7787.

So when price gets to the trend line support of $7787, we will observe its reaction to see whether it will give a confirmation to continue to the up side or crash further down.

This is just my observation from what I have seen on the chat., it’s not a financial advise. You can take your trading decisions if it aligns with your trading pattern.

#YFIMarketUpdate #TradingOpportunities #dyor #Binance
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#YFIMarketUpdate Coin: #YFI/USDT Short Set-Up Leverage: 5-10x #YFI already Breaked down the Descending Traingle and looking Bearish. Entry: 7430 - 7800$(Enter Partially) Targets: 7250 - 7051 - 6903 - 6751 - 6450 - 6204 - 6000$(Short Term) Stoploss: 8000$
#YFIMarketUpdate
Coin: #YFI/USDT

Short Set-Up

Leverage: 5-10x

#YFI already Breaked down the Descending Traingle and looking Bearish.

Entry: 7430 - 7800$(Enter Partially)

Targets: 7250 - 7051 - 6903 - 6751 - 6450 - 6204 - 6000$(Short Term)

Stoploss: 8000$
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