Hello there ladies and gentlemen, BulloTaurus here with another interesting and undervalued project for today .
Amazing to see so much projects with monstrous potential as YFD @YfDFI_Finance ! These guys managed to do so much in just few months and partner with key projects that assure their security.
FA:
🔥 Token Contract Audited by hackenclub 🔥 Total Supply 20,000 (Very Limited) 🔥Stake YFD, Earn 7.2% Interest Weekly 🔥 DFI 1st DEX Dedicated to DeFi Projects 🔥 Fees collected in DEX - Shared to YFD Holders
TA:
Multiple indicators show bullish momentum that can confirm positive feelings for this projects. The ascending channel is forming an rising wedge with loads of volume in past 2 days. Big demand level (the pink line by VPVR Indicator) was already claimed and we can see a successful bounce from 0.39 level Pink Line. MACD is showing signs of flipping bullish as well as RSI / STOCH indicator, it is a very good sign showing more upside movement. Today's spike confirmed the triangle/wedge pattern that acted as a resistance level on the daily timeframe. The chart is still early but the EMA 50 already acted as a big support.
We have all signs that we can see more explosive momentum based on today's analysis. The team is also very active and is constantly building and project is flashing daily in my Twitter feed . This project is still early and worth investing from my point of view, especially it is community driven and the team owns only 2.5% that is locked.
Risk: 6 Reward:9
Peace.
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